Romania's public debt increased by 4.1 pp in Q1 2023, reaching 55.8% of GDP, surpassed only by Poland.
Sanziana Georgescu
Economy
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In the first quarter of 2023, Romania had one of the highest increases in public debt-to-GDP, with a 4.1 percentage points increase, similar to Austria, and after Poland (6.1 pp). Public debt reached RON 998.1 billion, equivalent to 55.8% of GDP. In the context of rising debt, the Bolojan government has proposed fiscal measures, including VAT increases and a public sector wage freeze, to reduce spending.
Sources
Datoria publică a României a crescut la 55,8% din PIB în primul trimestru din 2025. Suntem în top 4 țări cu cele mai accentuate creșteri – Eurostat
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