Romania Government Spending
Romania · Quarterly series · EC-RO-GSP
Latest, Q2 2026
27.95B RON
-5.8% from Q1 2026
Forecast
Forecast for Q2 2027: 27.89B RON, with an 80% interval of 24.63B RON to 30.80B RON.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| Q3 2026 | 28.07B RON | 27.15B RON | 28.93B RON |
| Q4 2026 | 28.00B RON | 23.34B RON | 32.33B RON |
| Q1 2027 | 27.94B RON | 25.26B RON | 30.31B RON |
| Q2 2027 | 27.89B RON | 24.63B RON | 30.80B RON |
AI confidence
Mixed evidenceThe tests show no consistent, material advantage over the no-change baseline.
Model: Agentic Investor TSFM (foundation model)
- Accuracy vs naive
- -9%Matches the no-change baseline over 8 tests (8 tests, 2 won)
- Direction
- 47%No clear edge over a coin flip (15 of 32 calls right in 8 tests)
- Turning points
- 12 of 18Anticipated most turns (18 turns in 8 tests, 0 without a turn)
- Error vs baseline
- 9% higherError ratio 1.09; 1.00 is a tie.
- Tests won
- 2 / 8Complete rolling backtests; ties count as no win.
- Test period
- 2018-09-01 to 2026-06-014 observations ahead per test.
- 80% band coverage
- 84%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 2026-06-01.
- 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 62% of the 39 earlier readings since Q3 2016.
Recent history (24 observations)
| Period | Value |
|---|---|
| Q2 2026 | 27.95B RON |
| Q1 2026 | 29.66B RON |
| Q4 2025 | 25.59B RON |
| Q3 2025 | 27.80B RON |
| Q2 2025 | 27.95B RON |
| Q1 2025 | 25.88B RON |
| Q4 2024 | 30.44B RON |
| Q3 2024 | 29.78B RON |
| Q2 2024 | 29.53B RON |
| Q1 2024 | 27.18B RON |
| Q4 2023 | 30.45B RON |
| Q3 2023 | 29.44B RON |
| Q2 2023 | 28.88B RON |
| Q1 2023 | 28.41B RON |
| Q4 2022 | 25.03B RON |
| Q3 2022 | 26.26B RON |
| Q2 2022 | 25.91B RON |
| Q1 2022 | 27.31B RON |
| Q4 2021 | 30.45B RON |
| Q3 2021 | 25.83B RON |
| Q2 2021 | 27.12B RON |
| Q1 2021 | 27.19B RON |
| Q4 2020 | 26.99B RON |
| Q3 2020 | 28.77B RON |
Source
Data: public market data feeds.
More from Agentic Investor
- Open Romania Government Spending in the app: the interactive chart and a fresh forecast
- World and commodity series: every stored series
- Vietnam indicators
Also stored for Romania
- Romania Asylum Applications
- Romania Balance Of Trade
- Romania Banks Balance Sheet
- Romania Building Permits
- Romania Business Confidence Index
- Romania CPI Transportation
- Romania Capacity Utilization
- Romania Car Registrations
- Romania Cash Reserve Ratio
- Romania Central Bank Balance Sheet
- Romania Central Bank Lending Rate
- Romania Changes In Inventories