Romania's GDP decreased by 0.2% in Q3 2025, but the economy continues to grow annually by 1.4%. Internal and external risks affect the growth rate.

The data published by the National Institute of Statistics for Q3 2025 shows a decrease of 0.2% in GDP compared to the previous quarter, but an annual increase of 1.4%. Flavius Jakubowicz, the president of the Association of Financial-Banking Analysts in Romania, emphasizes that Romania is not in recession, but the economy shows signs of slowing down, with internal risks such as a high budget deficit and high financing costs. Additionally, the INS revisions for Q2 2025 suggest a more abrupt slowdown than anticipated. Jakubowicz warns that, although the decrease does not pose an immediate danger, it is a warning signal. Responsible management of economic policies is essential to avoid a recession in 2026. Budget consolidation must focus on streamlining expenditures and absorbing European funds, while the private sector must prioritize liquidity and digitalization. In conclusion, Romania is at an economic turning point, and the future direction depends on the measures adopted.