Moldova
Economic growth of 4% or more for the third consecutive year in 2018 has corrected for the setbacks suffered during the bank-fraud related crisis in 2015. Inflation has come down and the local currency stabilised. Economic prospects are positive but cumbersome coalition building following inconclusive recent elections can delay necessary reforms.
| FORECAST* | ||||||
|---|---|---|---|---|---|---|
| Main Economic Indicators | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Population, 1000 persons | 3552 | 3549 | 3549 | . | . | . |
| GDP, real change in % | 4.4 | 4.7 | 4.0 | 3.8 | 3.6 | 3.5 |
| GDP per capita (EUR at PPP) | 4600 | 4800 | 5100 | . | . | . |
| Gross industrial production, real change in % | 0.9 | 3.4 | 3.7 | . | . | . |
| Unemployment rate - LFS, in %, average | 4.2 | 4.1 | 3.1 | 3.0 | 3.0 | 3.0 |
| Average gross monthly wages, EUR | 227 | 268 | 319 | . | . | . |
| Consumer prices, % p.a. | 6.5 | 6.5 | 2.9 | 4.0 | 4.0 | 5.0 |
| Fiscal balance in % of GDP | -1.6 | -0.7 | -0.9 | . | . | . |
| Public debt in % of GDP | 31.8 | 29.4 | 28.1 | . | . | . |
| Current account in % of GDP | -3.5 | -5.9 | -10.5 | -8.3 | -6.8 | -7.4 |
| FDI inflow, EUR mn | 86 | 143 | 196 | . | . | . |
| Gross external debt in % of GDP | 77.0 | 67.4 | 65.0 | . | . | . |
Basic data are continuously updated.
* Forecasts are changed beginning of March, July and November.
See Press Conferences.
MOLDOVA: Solid growth with prospects with elevated risks
Gabor Hunya
in: Moving Into the Slow Lane
wiiw Forecast Report No. Spring 2019, March 2019 , pp. 108-111
Details and Buy
Monthly Report No. 10/2018
Philipp Heimberger, Leon Podkaminer and Sandor Richter
wiiw Monthly Report No. 10, October 2018
46 pages including 1 Tables and 11 Figures