Romania has entered a technical recession, local media report, citing data from the National Institute of Statistics. They show that in the fourth quarter of 2025, gross domestic product was 1.9 percent lower in real terms compared to the third quarter of 2025. This is the second consecutive quarter of decline, the cited source said, BTA reported.
„The temporary technical recession is part of the expected and inevitable price of the transition from a model based on deficit and consumption to one based on investment, productivity, exports and budgetary discipline. "We are going through a period of economic adjustment, necessary for a more stable and stronger economy that will bring long-term prosperity," Romanian Prime Minister Ilie Bologian wrote on his official Facebook profile.
Local media recall that a technical recession also occurred in 2024, when the government was led by Marcel Ciolacu of the Social Democratic Party.
A technical recession is a situation in which the gross domestic product (GDP) registers a decline in real terms for two consecutive quarters compared to the immediately preceding periods. In essence, it is a statistical diagnosis that officially confirms that the economy has stopped growing and has started to contract, notes G4 Media.
Local and international economists warned of a similar scenario as early as last fall, when the country showed signs of slowing down.