Romania’s 2015 national budget deficit declined to 0.8 percent of the Gross Domestic Product (GDP) (5.387 billion lei), similar to the 2014 deficit (0.8 percent of the GDP; 5.650 billion lei), after 2.1 percent of the GDP in 2013, according to a second notification released on Friday by the Eurostat statistical office of the European Union.
In 2012, Romania reported a deficit of 3.7 percent of the GDP, exceeding the 3-percent limit set under the Maastricht Treaty.
In 2015, the smallest deficits in the EU as a percentage of the GDP were recorded by Lithuania (0.2 percent), followed by the Czech Republic (0.6 percent) and Romania (0.8 percent).
