On March 26th, the balance of payments statistics for the period 2010-2019 have been revised to include private imports of second-hand cars, in accordance with the corresponding data in the National Non-Financial Accounts, calculated and published by the National Institute of Statistics between 9 October 2020 and 28 January 2021.
The Revision of the Balance of Payments was carried out to ensure the consistency between Balance of Payments and National Accounts, that are based on internationally harmonized methodological standards ( BPM61 și ESA 20102 ).
By including data on the import of second-hand cars in the balance of payments, the increase of the current account deficit to GDP ranged between 0.1 and 0.3 percentage points per year.
The revised data series can be seen under the Statistics section/ Interactive Database