Moldova

map Moldova
Moldova has now digested most of the shocks from the war in neighbouring Ukraine through high inflation and trade reorientation, but it remains exposed to elevated political and climatic risks. The economy is expected to grow by 2% in 2024. Growth will accelerate in the coming years on the back of investment. The country can count on external support, including from the EU, to finance its large current account and fiscal deficits. This positive outlook is based on the expected victory of pro-EU forces in the forthcoming presidential election and in the referendum on EU membership.
        FORECAST*
Main Economic Indicators202220232024202520262027
Population, 1000 persons25292458....
GDP, real change in %-4.60.71.03.33.7.
GDP per capita (EUR at PPP)1029011450....
Gross industrial production, real change in %-5.1-3.6....
Unemployment rate - LFS, in %, average3.14.63.83.83.5.
Average gross monthly wages, EUR525622....
Consumer prices, % p.a.28.713.44.75.05.0.
Fiscal balance in % of GDP-3.2-5.2-4.8-4.0-4.0.
Public debt in % of GDP35.035.3....
Current account in % of GDP-17.1-11.4-12.8-12.0-10.9.
FDI inflow, EUR m557330....
Gross external debt in % of GDP65.359.5....


Basic data are continuously updated.

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

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Monthly Report No. 7-8/2024

Vasily Astrov, Alexandra Bykova, Rumen Dobrinsky, Selena Duraković, Meryem Gökten, Richard Grieveson, Doris Hanzl-Weiss, Gabor Hunya, Branimir Jovanović, Niko Korpar, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Sandor Richter, Bernd Christoph Ströhm, Maryna Tverdostup, Zuzana Zavarská and Adam Żurawski
wiiw Monthly Report No. 7-8, July-August 2024
45 pages including 5 Tables and 12 Figures

Details

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Executive summary

Olga Pindyuk
in: The Crisis is Over, but its Scarring Effects are Hindering Recovery
wiiw Forecast Report No. Spring 2024, April 2024 , pp. I-VII Details

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