Romania Government Budget Value
Romania · Monthly series · EC-RO-GBV
Latest, September 2026
-80.30B RON
-15.76B RON from August 2026
Forecast
Forecast for September 2027: -83.60B RON, with an 80% interval of -120.63B RON to -50.47B RON.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| October 2026 | -92.18B RON | -97.97B RON | -85.49B RON |
| November 2026 | -106.60B RON | -117.61B RON | -95.47B RON |
| December 2026 | -127.19B RON | -156.05B RON | -96.52B RON |
| January 2027 | 1.70B RON | -6.72B RON | 7.85B RON |
| February 2027 | -16.67B RON | -37.63B RON | -1.81B RON |
| March 2027 | -31.80B RON | -65.20B RON | -6.28B RON |
| April 2027 | -40.81B RON | -70.95B RON | -18.02B RON |
| May 2027 | -52.99B RON | -81.82B RON | -28.95B RON |
| June 2027 | -55.86B RON | -89.14B RON | -29.54B RON |
| July 2027 | -60.33B RON | -104.86B RON | -24.80B RON |
| August 2027 | -71.43B RON | -107.68B RON | -41.88B RON |
| September 2027 | -83.60B RON | -120.63B RON | -50.47B RON |
AI confidence
Supported evidenceThe point forecast beat the no-change baseline overall and in a majority of the evaluated tests.
Model: Agentic Investor TSFM (foundation model)
- Accuracy vs naive
- +58%Beats the no-change baseline over 12 tests (12 tests, 12 won)
- Direction
- 85%Beats a coin flip (122 of 144 calls right in 12 tests)
- Turning points
- 36 of 42Anticipated most turns (42 turns in 12 tests, 0 without a turn)
- Error vs baseline
- 58% lowerError ratio 0.42; 1.00 is a tie.
- Tests won
- 12 / 12Complete rolling backtests; ties count as no win.
- Test period
- 2014-10-01 to 2026-09-0112 observations ahead per test.
- 80% band coverage
- 81%Observed outcomes inside the band across all stored test windows.
- Band coverage uses all stored test windows, including model-selection windows when present; it does not determine the confidence label.
- Evaluated 2026-11-15 against the cached history through 2026-09-01.
- This is an evaluation of the serving model; it does not establish a winner across four model classes.
How this assessment is made
AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.
Model comparison
Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.
Reading
It is above 13% of the 119 earlier readings since October 2016.
Recent history (24 observations)
| Period | Value |
|---|---|
| September 2026 | -80.30B RON |
| August 2026 | -64.54B RON |
| July 2026 | -52.04B RON |
| June 2026 | -47.16B RON |
| May 2026 | -44.13B RON |
| April 2026 | -28.59B RON |
| March 2026 | -24.47B RON |
| February 2026 | -10.87B RON |
| January 2026 | 5.87B RON |
| December 2025 | -149.49B RON |
| November 2025 | -125.12B RON |
| October 2025 | -111.16B RON |
| September 2025 | -102.91B RON |
| August 2025 | -88.81B RON |
| July 2025 | -81.88B RON |
| June 2025 | -78.60B RON |
| May 2025 | -73.10B RON |
| April 2025 | -55.86B RON |
| March 2025 | -44.39B RON |
| February 2025 | -28.64B RON |
| January 2025 | -5.57B RON |
| December 2024 | -147.95B RON |
| November 2024 | -123.17B RON |
| October 2024 | -104.49B RON |
Source
Data: public market data feeds.
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