Moldova

map Moldova
The economy will grow by 8% in 2021, against the 7% contraction of the previous year, bringing real GDP back to the pre-crisis level of 2019. The new western-oriented and reform-minded government enjoys overwhelming support in parliament and is able to attract ample foreign funds to finance the expansion of the fiscal and current account deficits.
        FORECAST*
Main Economic Indicators201820192020202120222023
Population, 1000 persons270826652620...
GDP, real change in %4.33.7-7.08.04.54.0
GDP per capita (EUR at PPP)859091308770...
Gross industrial production, real change in %3.72.0-5.5...
Unemployment rate - LFS, in %, average3.65.13.83.83.53.0
Average gross monthly wages, EUR316368402...
Consumer prices, % p.a.2.94.83.84.56.05.0
Fiscal balance in % of GDP-0.8-1.4-8.5-6.0-6.0-5.0
Public debt in % of GDP27.225.133.1...
Current account in % of GDP-10.6-9.3-7.5-9.6-6.9-5.6
FDI inflow, EUR m248453138...
Gross external debt in % of GDP66.562.265.8...


Basic data are continuously updated.

* Forecasts are changed beginning of April, July and November.
See Press Conferences.

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Executive summary

Vasily Astrov
in: Recovery Beating Expectations
wiiw Forecast Report No. Autumn 2021, October 2021 , pp. I-VI
Details

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Monthly Report No. 7-8/2021

Vasily Astrov, Alexandra Bykova, Rumen Dobrinsky, Selena Duraković, Richard Grieveson, Doris Hanzl-Weiss, Gabor Hunya, Branimir Jovanović, Niko Korpar, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter, Bernd Christoph Ströhm and Maryna Tverdostup
wiiw Monthly Report No. 7-8, July-August 2021
42 pages including 4 Tables and 15 Figures

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