Romania recorded a budget deficit of 3.39% of its GDP in the first five months of 2025, amounting to about 12.9 billion euros, according to the Ministry of Finance. Is this a cause for alarm or just another number? Last year, in the same period, the deficit was 3.41% of GDP, meaning the situation hasn’t changed much. Total budget revenues increased by 13.6% compared to the same period last year, reaching 51.4 billion euros, thanks to growth in taxes on wages, income, insurance contributions, and excise duties. So, while there is a deficit, the state’s revenues are growing, indicating the economy isn’t collapsing. But let’s be real — a 12.9 billion euro deficit isn’t small change. Can Romania keep this pace without consequences? Meanwhile, the banking sector in Republika Srpska boasts a 23% higher profit in 2024, with a net profit of 47 million KM (about 24 million euros). Is this a sign that money is being redirected, or just different economies playing their games? The budget deficit and revenue growth are only part of the story. Will Romania manage to maintain this balance, or are we heading for a financial earthquake? Drop your thoughts — maybe you’ve got the answer to this economic puzzle!
Romania’s Budget Deficit: Is 3.39% of GDP Really a Reason to Panic?
