FX.co ★ Romania GDP Shrinks for 1st Time Since 2020

Romania’s economy shrank by 1.7% year-on-year in the first quarter of 2026, reversing a modest 0.2% expansion in the previous three-month period, according to preliminary estimates. This was the country’s first annual economic contraction since the fourth quarter of 2020, underscoring a marked loss of momentum at the start of the year. On a seasonally adjusted quarter-on-quarter basis, GDP declined by 0.2%, marking a second consecutive quarterly contraction, although the pace of decline slowed from an upwardly revised 2% drop in the preceding quarter.