OECD Report: Romania is facing a significant economic slowdown

According to a report published by the OECD, Romania is facing a drastic economic slowdown, with an estimated growth of only 0.9% in 2024 and 0.7% in 2025, with a slight recovery expected only in 2027. Economic activity is affected by declining external demand and fiscal consolidation measures, which have reduced consumer spending, the engine of the economy. Inflation remains high, estimated at 6.6% in 2026, driven by rapid wage increases in the public sector. The budget deficit reached 9.3% of GDP in 2024, and public debt is growing rapidly. The report highlights the need for structural reforms and a more disciplined fiscal policy to ensure economic sustainability. Risks for the future include delays in absorbing European funds and increased pressures on public spending.