A budget deficit occurs when a country, business, or an individual has spending that is greater than the revenue received over a specific period, usually measured as a year. Romania's budget deficit accounted for 7.1 percent of the country's GDP in 2021, followed by a decrease of 0.9 percent in 2022 when it was 81.01 billion Romanian lei.
Romania's budget deficit as a share of GDP from 2011 to 2022
Characteristic
Budget deficit as a share of GDP
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Eurostat. (April 21, 2023). Romania's budget deficit as a share of GDP from 2011 to 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1189701/romania-budget-deficit-as-a-share-of-gdp/
Eurostat. "Romania's budget deficit as a share of GDP from 2011 to 2022." Chart. April 21, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1189701/romania-budget-deficit-as-a-share-of-gdp/
Eurostat. (2023). Romania's budget deficit as a share of GDP from 2011 to 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1189701/romania-budget-deficit-as-a-share-of-gdp/
Eurostat. "Romania's Budget Deficit as a Share of Gdp from 2011 to 2022." Statista, Statista Inc., 21 Apr 2023, https://www.statista.com/statistics/1189701/romania-budget-deficit-as-a-share-of-gdp/
Eurostat, Romania's budget deficit as a share of GDP from 2011 to 2022 Statista, https://www.statista.com/statistics/1189701/romania-budget-deficit-as-a-share-of-gdp/ (last visited July 22, 2024)
Romania's budget deficit as a share of GDP from 2011 to 2022 [Graph], Eurostat, April 21, 2023. [Online]. Available: https://www.statista.com/statistics/1189701/romania-budget-deficit-as-a-share-of-gdp/