Romania Business Confidence

OECD standardised business confidence indicator (long-term average = 100).

Business Confidence in Romania decreased to 99.61 points in Sep 2026 from 99.63 points in Aug 2026.

99.61
▼ −0.02Sep 2026 · previous 99.63Monthly · index points · Source: OECD — Organisation for Economic Co-operation and Development

Romania Business Confidence — History

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Romania Business Confidence — analysis in simple words

Latest reading

Business Confidence in Romania decreased to 99.61 points in Sep 2026 from 99.63 points in Aug 2026.

Over the last three months it rose twice and fell once.

Recent trend

A year earlier (Sep 2025) it was 99.92, so the latest figure is 0.31 lower.

Over the past five years the average was 100.24, with a range from 99.60 to 100.67. The latest value is below that five-year average.

Historical context

This data series starts in Jul 1991 and has 423 monthly observations. The latest reading is higher than 32% of all of them.

The highest value on record is 109.73 (May 1996) and the lowest is 91.52 (Aug 1992). The long-run average is 100.00.

Compared with other countries

Among 45 economies with recent data, Romania ranks 26th from the top. The median across all these economies is 99.98, so Romania is below the typical country.

Within Europe & Central Asia (29 economies with data) it ranks 19th; the regional median is 100.16.

Statistics

Latest
99.61Sep 2026
Previous
99.63
5-year average
100.24
Long-run average
100.00since Jul 1991
All-time high
109.73May 1996
All-time low
91.52Aug 1992
Observations
423Monthly

Recent Data

PeriodValueChange
Sep 202699.61▼ −0.02
Aug 202699.63▲ +0.02
Jul 202699.62▲ +0.02
Jun 202699.60▲ +0.00
May 202699.60▼ −0.01
Apr 202699.61▼ −0.10
Mar 202699.71▼ −0.16
Feb 202699.86▼ −0.04
Jan 202699.90▲ +0.01
Dec 202599.89▲ +0.02
Nov 202599.87▲ +0.01
Oct 202599.86▼ −0.05
Sep 202599.92▼ −0.02
Aug 202599.93▼ −0.04
Jul 202599.97▼ −0.07
Jun 2025100.04▼ −0.07
May 2025100.10▼ −0.11
Apr 2025100.22▼ −0.03
Mar 2025100.24▲ +0.16
Feb 2025100.09▲ +0.10
Jan 202599.99▼ −0.08
Dec 2024100.06▼ −0.27
Nov 2024100.33▼ −0.17
Oct 2024100.51▲ +0.05
Sep 2024100.46▲ +0.04
Aug 2024100.42▼ −0.00
Jul 2024100.42▼ −0.05
Jun 2024100.47▼ −0.08
May 2024100.56▼ −0.02
Apr 2024100.58

Business Confidence — Romania vs Peers

Latest available reading for each economy (periods may differ). Romania highlighted.

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More Romania indicators

GDP Annual Growth Rate0.7%2025Interest Rate6.50%Sep 2026Inflation Rate6.2%Aug 2026Unemployment Rate6.4%Aug 2026Government Debt to GDP60.4%2025Balance of Trade-$22.5B2025Current Account to GDP-7.9%2025GDP$428.7B2025Industrial Production-6.2%Jul 2026
Romania economy overview →   Business Confidence — all countries →

Understanding Business Confidence — a simple guide

What it measures

The OECD standardised business confidence indicator, based on surveys asking companies about production, orders and stocks.

How it is calculated

Survey answers from businesses are combined and standardised by the OECD so that 100 equals the long-term average.

Simple example

A reading of 101.5 means businesses are somewhat more optimistic than their long-run norm.

▲ When it is high or rising

High confidence often comes before more investment and hiring.

▼ When it is low or falling

Low confidence often comes before cuts in production and investment.

Why it matters for the economy and markets

Confident businesses tend to invest and hire more, so this survey often moves ahead of actual production and employment data.

How to read it

100 is the long-term average. Values above 100 mean companies are more optimistic than usual; below 100, more pessimistic.

What to look at alongside it

Industrial production, PMI-type surveys and the leading indicator.

Key terms

Survey indicator
Based on opinions of managers rather than measured output.

Data source

OECD — Organisation for Economic Co-operation and Development (series OECD business confidence (BCI)), monthly data from Jul 1991 to Sep 2026. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current business confidence of Romania?
Romania business confidence was 99.61 in Sep 2026, compared with 99.63 in the previous period, according to OECD — Organisation for Economic Co-operation and Development.
What is the highest and lowest business confidence of Romania?
Since Jul 1991, the highest reading was 109.73 (May 1996) and the lowest was 91.52 (Aug 1992).
What does business confidence measure?
The OECD standardised business confidence indicator, based on surveys asking companies about production, orders and stocks.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.