Moldova
Economic growth should accelerate to about 5% in 2019 on account of booming investments. After correcting for the current overheating, growth is expected to hover at around 4% in the coming years. A resumption of transfers from the IMF and EU will stabilise external financing. The current government coalition of pro-EU and pro-Russian parties has strong external support but may clash on domestic reforms.
| FORECAST* | ||||||
|---|---|---|---|---|---|---|
| Main Economic Indicators | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Population, 1000 persons | 2755 | 2706 | 2640 | . | . | . |
| GDP, real change in % | 4.7 | 4.3 | 4.6 | 3.8 | 4.0 | . |
| GDP per capita (EUR at PPP) | 6200 | 6700 | 7500 | . | . | . |
| Gross industrial production, real change in % | 3.4 | 3.7 | 2.0 | . | . | . |
| Unemployment rate - LFS, in %, average | 4.1 | 3.0 | 5.5 | 6.0 | 6.0 | . |
| Average gross monthly wages, EUR | 268 | 316 | 356 | . | . | . |
| Consumer prices, % p.a. | 6.5 | 2.9 | 4.8 | 4.5 | 4.5 | . |
| Fiscal balance in % of GDP | -0.6 | -0.8 | -1.4 | . | . | . |
| Public debt in % of GDP | 29.1 | 27.2 | 26.3 | . | . | . |
| Current account in % of GDP | -5.7 | -10.6 | -10.7 | -9.2 | -8.2 | . |
| FDI inflow, EUR mn | 137 | 264 | 490 | . | . | . |
| Gross external debt in % of GDP | 68.0 | 67.6 | 63.0 | . | . | . |
Basic data are continuously updated.
* Forecasts are changed beginning of March, July and November.
See Press Conferences.
Monthly Report No. 01/2020
Richard Grieveson, Sebastian Leitner and Isilda Mara
wiiw Monthly Report No. 1, January 2020
44 pages including 5 Tables and 29 Figures
MOLDOVA: Solid growth amidst fragile political consolidation
Gabor Hunya
in: Braced for Fallout from Global Slowdown
wiiw Forecast Report No. Autumn 2019, November 2019 , pp. 87-90
Details and Buy