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 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Population, 1000 persons | 2802 | 2755 | 2706 | . | . | . |
| GDP, real change in % | 4.4 | 4.7 | 4.0 | 4.7 | 3.8 | 4.0 |
| GDP per capita (EUR at PPP) | 5900 | 6200 | 6900 | . | . | . |
| Gross industrial production, real change in % | 0.9 | 3.4 | 3.7 | . | . | . |
| Unemployment rate - LFS, in %, average | 4.2 | 4.1 | 3.0 | 6.0 | 6.0 | 6.0 |
| Average gross monthly wages, EUR | 227 | 268 | 316 | . | . | . |
| Consumer prices, % p.a. | 6.5 | 6.5 | 2.9 | 4.5 | 4.5 | 4.5 |
| Fiscal balance in % of GDP | -1.6 | -0.6 | -0.8 | . | . | . |
| Public debt in % of GDP | 31.8 | 29.1 | 27.2 | . | . | . |
| Current account in % of GDP | -3.5 | -5.7 | -10.6 | -9.8 | -9.2 | -8.2 |
| FDI inflow, EUR mn | 80 | 137 | 264 | . | . | . |
| Gross external debt in % of GDP | 81.3 | 68.0 | 67.7 | . | . | . |
Basic data are continuously updated.
* Forecasts are changed beginning of March, July and November.
See Press Conferences.
Monthly Report No. 11/2019
Vasily Astrov, Mahdi Ghodsi, Mario Holzner, David Pichler and Leon Podkaminer
wiiw Monthly Report No. 11, November 2019
44 pages including 1 Table and 27 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