Romania's public debt could rise to 90% of GDP by 2036

Romania's public debt has reached 61.6% of Gross Domestic Product, and experts are warning that the country could follow a trajectory similar to that of Greece. According to estimates, the percentage will continue to rise to 63.4% of GDP next year.

Debt has doubled in seven years

The trend shows accelerated growth: from 35.2% of GDP in 2019, public debt has reached 61.6% of GDP in 2026, and is set to hit 63.4% in 2027. According to more pessimistic forecasts, the figure could climb to 90% of GDP by 2036.

In terms of actual expenditure, the state is due to pay 60.8 billion RON this year. Furthermore, Romania's total external debt has grown to 230.91 billion euros this year.

The comparison with Greece

The analysts cited draw attention to the fact that Romania risks repeating the scenario experienced by Greece, a country where public debt reached 177% of GDP in 2015.