BNR: Romania’s total external debt increased by 24 billion euros in the first 11 months of 2025

Long-term external debt amounted to 178.5 billion euros as of November 30, 2025, up 14.2 percent compared to December 31, 2024. Also, short-term external debt recorded the level of 48.9 billion euros as of November 30, 2025, up 3.7 percent compared to December 31, 2024. The long-term external debt service ratio was 17.0 percent in the period January – November 2025, compared to 21.5 percent in 2024. The coverage ratio of imports of goods and services as of November 30, 2025 was 6.0 months, compared to 5.7 months as of December 31, 2024. The coverage ratio of short-term external debt, calculated at residual value, with foreign exchange reserves at the BNR as of November 30 2025 was 103.5 percent, compared to 103.6 percent on December 31, 2024. The BNR also shows that, in the period (…)