According to their latest report, services will lead the growth with an input of 3.4%, while agriculture will grow 15.2% after last year’s regress and generate 1% of growth. The nominal GDP will reach RON 505 bn and slow down the growth rate to 6.3% in 2010 and 6% in 2012 and 2013. At the end of this year, the trade deficit will reach EUR 23.85 bn, equal to 17.3% of the GDP. The forecast for the near future indicates that the trade deficit will deepen, but its weight in the GDP will gradually decrease to 10% in
2013. Exports will reach EUR 34.85 bn at the end of this year, up by 18% year-onyear, while imports have been projected at EUR 58.7 bn, up by 14.4% year-onyear.
The current account deficit will reach EUR 18.13 bn, down by EUR 540 mn from the previous forecast. The foreign deficit will reach 7.5% of the GDP at the end of 2013, down from an estimated 13.2% this year. Eight months through this year, the current account deficit stands at EUR 10.006 bn, compared to EUR 9.853 bn in the corresponding period of 2007. The inflation rate for this year has been estimated at 6%, up from the previous estimate of 5.8%. However, the National Bank has released a different forecast, of 6.6%, up by 0.6% from their previous estimate. The forecast for the next few years points to 4.5% in 2009 and a historical low of 2.32% in 2013.