RRI Live!

Listen to Radio Romania International Live

IMF revises downwards Romania’s economic growth rate

Romania's economic growth will be slow in the upcoming period, according to IMF experts.

Логотип Міжнародного валютного фонду (МВФ)
Логотип Міжнародного валютного фонду (МВФ)

, 15.10.2025, 13:50

The International Monetary Fund (IMF) has slightly revised upwards its global economic forecast to 3.2% for this year. The Fund’s experts say that the tariffs imposed on imports by US President Donald Trump have been less damaging than expected. In contrast, in a report that examines all countries in the world, they have revised downwards the growth forecast for Romania’s economy for 2025, estimating an advance of only 1%, compared to 1.6%, as they forecast in April, and 3.3%, as was the advance indicated in October last year.

 

The international financial institution is also pessimistic about Romania’s progress in reducing the current account deficit. According to the latest estimates, it will only shrink to 8% of Gross Domestic Product (GDP) this year, compared to a decline of 7.6% of GDP forecast in the spring. Next year, however, Romania’s current account deficit is expected to shrink to 6.6%, a significantly more optimistic forecast than the 7.4% forecast in April.

 

The IMF has also significantly revised its forecasts for consumer price developments in Romania, which are expected to register an annual average of 7.3% in 2025 and 6.7% in 2026. In comparison, in April, the Fund was betting on an average annual price increase of 4.6% in 2025 and only 3.1% in 2026 for Romania. As regards the unemployment rate in Romania, it is expected to increase by 0.5%, to 5.9%, and to decrease very slightly in 2026. However, the Fund has significantly increased its forecasts for inflation in Romania, now anticipating an average annual inflation rate of 7.3% this year and 6.7% in 2026. The forecasts were published on the occasion of the autumn meetings of the International Monetary Fund and the World Bank, which are taking place this week in Washington. In the case of Romania, the specialized press notes, the new forecasts are identical to those included in the report presented last month, at the end of a visit to Bucharest by a Fund mission.

 

The IMF is more optimistic than the World Bank on the Romanian economy. The most recent analyses for Europe and Central Asia published last week by the Bank anticipate that Romania will register an advance of only 0.4% this year and one of 1.3% next year. The World Bank also mentions that the government in Bucharest, faced with a fiscal deficit that exceeded 9% of GDP last year, introduced a fiscal consolidation package that combines spending cuts, such as freezing public salaries and pensions, with higher taxes. In Bucharest, the latest estimates of the National Strategy and Forecasting Commission indicate a GDP growth of 0.6% this year and 1.2% in 2026. (EE)

Tags:
Întrevederea ministrului afacerilor externe, Oana Țoiu, cu ministrul federal al afacerilor externe al Germaniei, Johann Wadephul
Today in the News Wednesday, 15 October 2025

Romanian-German relations examined in Bucharest

Timid and rather inconsistent three decades ago, when Romania was hesitant on its European path, Romanian-German relations gained momentum after the...

Romanian-German relations examined in Bucharest
Photo: Agerpres
Today in the News Tuesday, 14 October 2025

Peace in Gaza

After more than two years of blind violence, a fragile peace seems to have settled in the Gaza Strip. The 20 Israeli hostages remaining alive in the...

Peace in Gaza
Finance minister Alexandru Nazare (Photo: gov.ro)
Today in the News Tuesday, 14 October 2025

Successful Eurobond issue

The Romanian finance ministry has managed to attract, since the beginning of the month, around 4 billion euros from foreign markets. According to a...

Successful Eurobond issue
Photo: fb.com / Alexandru Nazare
Today in the News Monday, 13 October 2025

Romania supports a realistic European budget

Funding the European Union budget must be based on the principles of equity, effectiveness, transparency and simplicity. This is the message the...

Romania supports a realistic European budget
Today in the News Monday, 13 October 2025

Fitch’s report on Romania

The coalition government in Bucharest is anxiously awaiting any assessment or signal coming from rating agencies. The reason is simple: a downgrade...

Fitch’s report on Romania
Today in the News Friday, 10 October 2025

Perspectives for Romanian agriculture   

Romania will receive at least €16.6 billion through the future Common Agricultural Policy (CAP), with the possibility of adding more from national...

Perspectives for Romanian agriculture   
Today in the News Friday, 10 October 2025

EIB to finance Piteşti-Sibiu motorway

  The European Investment Bank provides EUR 1 bln for the construction of the A1 motorway, Piteşti-Sibiu, Romania’s first mountain motorway....

EIB to finance Piteşti-Sibiu motorway
Today in the News Thursday, 09 October 2025

Romania – USA diplomatic meeting

Strengthening the strategic partnership between Romania and the USA and the identification of opportunities for its expansion were the main topics of...

Romania – USA diplomatic meeting

Partners

Muzeul Național al Țăranului Român Muzeul Național al Țăranului Român
Liga Studentilor Romani din Strainatate - LSRS Liga Studentilor Romani din Strainatate - LSRS
Modernism | The Leading Romanian Art Magazine Online Modernism | The Leading Romanian Art Magazine Online
Institului European din România Institului European din România
Institutul Francez din România – Bucureşti Institutul Francez din România – Bucureşti
Muzeul Național de Artă al României Muzeul Național de Artă al României
Le petit Journal Le petit Journal
Radio Prague International Radio Prague International
Muzeul Național de Istorie a României Muzeul Național de Istorie a României
ARCUB ARCUB
Radio Canada International Radio Canada International
Muzeul Național al Satului „Dimitrie Gusti” Muzeul Național al Satului „Dimitrie Gusti”
SWI swissinfo.ch SWI swissinfo.ch
UBB Radio ONLINE UBB Radio ONLINE
Strona główna - English Section - polskieradio.pl Strona główna - English Section - polskieradio.pl
creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti
italradio italradio
Institutul Confucius Institutul Confucius
BUCPRESS - știri din Cernăuți BUCPRESS - știri din Cernăuți

Affiliates

Euranet Plus Euranet Plus
AIB | the trade association for international broadcasters AIB | the trade association for international broadcasters
Digital Radio Mondiale Digital Radio Mondiale
News and current affairs from Germany and around the world News and current affairs from Germany and around the world
Comunità radiotelevisiva italofona Comunità radiotelevisiva italofona

Providers

RADIOCOM RADIOCOM
Zeno Media - The Everything Audio Company Zeno Media - The Everything Audio Company