Moldova | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 0.60 0.2 0.3 0.4 0.5 0.5 percent [+]
Unemployment Rate 2.90 6.5 4.2 3 4 4.5 percent [+]
Inflation Rate 3.00 2.2 1.7 2 1.8 2 percent [+]
Interest Rate 9.00 8.5 7.75 7.25 6.5 4 percent [+]
Balance of Trade -197.50 -177 -174 -174 -174 -174 USD Million [+]
Government Debt to GDP 27.50 24.25 26.12 27.98 29.85 28.26 percent [+]
MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 19.91 20.23 20.42 20.62 20.82 23.8 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 0.60 0.2 0.3 0.4 0.5 0.5 percent [+]
GDP Annual Growth Rate 6.30 1.6 1.8 1.9 2 2.6 percent [+]
GDP 6.57 6.92 6.94 6.8 7.17 10.98 USD Billion [+]
Gross Fixed Capital Formation 8667727.00 6459722 7468912 8286860 7757850 9299404 MDL Thousand [+]
GDP per capita 1978.26 2042 2029 2017 2004 2030 USD [+]
GDP per capita PPP 4741.96 4813 4848 4884 4919 5641 USD [+]
GDP Constant Prices 105327583.00 112062061 112432374 112802688 113173001 155030589 MDL Thousand [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 2.90 6.5 4.2 3 4 4.5 percent [+]
Unemployed Persons 38.70 65.24 53.08 41.62 48.66 50.29 Thousand [+]
Labor Force Participation Rate 44.80 40.63 45.34 44.65 40.85 41.19 percent [+]
Wages 6003.70 5447 5534 5501 5508 5507 MDL/Month [+]
Wages in Manufacturing 5642.40 5223 5226 5267 5262 5260 MDL/Month [+]
Population 3.55 3.55 3.55 3.55 3.54 3.54 Million [+]
Retirement Age Women 57.60 57 57 57 57 57.6 [+]
Retirement Age Men 62.60 62 62 62 62 62.6 [+]
Youth Unemployment Rate 8.90 10.48 8.2 9.17 9.49 8.73 percent [+]
Employed Persons 1298.30 1140 1299 1291 1170 1178 Thousand [+]
Employment Rate 43.50 38.19 43.48 43.29 39.24 39.53 percent [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 3.00 2.2 1.7 2 1.8 2 percent [+]
Consumer Price Index CPI 2263.60 2295 2320 2346 2372 2679 Index Points [+]
Core Inflation Rate 3.90 3.08 2.18 1.62 1.26 0.64 percent [+]
Producer Prices 126.80 128 130 132 134 146 Index Points [+]
Producer Prices Change 2.80 3 2.9 2.7 2.6 2 percent [+]
Inflation Rate Mom 1.20 0.53 0.54 0.55 0.54 0.54 percent [+]
Food Inflation 3.80 4.69 4.82 4.79 4.78 4.78 percent [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 9.00 8.5 7.75 7.25 6.5 4 percent [+]
Money Supply M0 16512.20 16315 16351 16194 16332 16327 MDL Million [+]
Money Supply M3 70823.84 71031 71665 72014 72220 72602 MDL Million [+]
Deposit Interest Rate 6.00 5.23 5.09 5.03 5.01 4.99 percent [+]
Lending Rate 12.00 11.25 10.76 10.54 10.44 10.37 percent [+]
Money Supply M1 26933.69 26816 26714 26639 26621 26606 MDL Million [+]
Money Supply M2 46304.21 46464 46841 46979 47067 47181 MDL Million [+]
Foreign Exchange Reserves 2190415.27 2188081 2198098 2200093 2200775 2201137 USD Thousand [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -197.50 -177 -174 -174 -174 -174 USD Million [+]
Exports 193.90 196 190 191 191 191 USD Million [+]
Imports 391.40 375 375 375 375 375 USD Million [+]
Current Account -85.58 -110 -104 -105 -105 -105 USD Million [+]
Current Account to GDP -7.20 -7.01 -7.47 -7.93 -8.4 -7.8 percent [+]
Capital Flows 50.71 70.07 71.75 78.3 80.21 87.99 USD Million [+]
Remittances 190.34 170 183 186 181 179 USD Million [+]
Terrorism Index 0.02 0.29 0.29 0.29 0.29 0.61 [+]
Tourist Arrivals 32630.00 27601 35393 35960 34241 34748 [+]
Foreign Direct Investment 22.42 15.65 15.23 13.63 14.62 14.51 USD Million [+]
External Debt 6338.39 6366 6352 6339 6325 6906 USD Million [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 27.50 24.25 26.12 27.98 29.85 28.26 percent [+]
Government Budget -2.20 -1.37 -1.76 -2.15 -2.54 -2.21 percent of GDP [+]
Government Revenues 43660.70 45116 45200 45284 45368 44323 MDL Million [+]
Military Expenditure 28.50 27.73 27.8 27.86 27.61 26.68 USD Million [+]
Government Spending 46393.90 48402 48376 48349 48323 49233 MDL Million [+]
Government Budget Value -2733.20 -1645 -1727 -1809 -1891 -1290 MDL Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Industrial Production 8.70 4.44 3.23 2.46 2 1.28 percent [+]
Industrial Production Mom 7.20 2.45 2.12 1.43 1.36 1.24 percent [+]
Manufacturing Production 9.60 4.15 3.65 2.84 2.42 1.71 percent [+]
Mining Production -12.20 -10.53 -10.41 -10.4 -10.4 -10.4 percent [+]
Steel Production 5.00 12.42 17.95 20.48 21.62 22.57 Thousand Tonnes [+]
Ease of Doing Business 44.00 51.99 51.5 51.02 50.53 59.3 [+]
Corruption Index 33.00 32.48 32.26 32.04 31.82 29.88 Points [+]
Corruption Rank 123.00 97.09 97.62 98.14 98.66 94.82 [+]
Changes In Inventories 889060.00 -20226 -30786 33691 38239 24579 MDL Thousand [+]
Competitiveness Index 3.86 3.94 3.94 3.94 3.94 3.91 Points [+]
Competitiveness Rank 100.00 89.86 89.86 89.86 89.86 89.85 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Retail Sales MoM -6.30 1.16 1.14 1.15 1.15 1.15 percent [+]
Retail Sales YoY -0.60 -0.27 -0.08 0.05 0.14 0.44 percent [+]
Consumer Spending 33886946.00 26914805 26914341 26914302 26914299 26914299 MDL Thousand [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Corporate Tax Rate 12.00 12 12 12 12 12 percent [+]
Personal Income Tax Rate 18.00 18 18 18 18 18 percent [+]
Sales Tax Rate 20.00 20 20 20 20 20 percent [+]
Social Security Rate 29.00 29 29 29 29 29 percent [+]
Social Security Rate For Companies 23.00 23 23 23 23 23 percent [+]
Social Security Rate For Employees 6.00 6 6 6 6 6 percent [+]





Economic Forecasts for Moldova including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Moldova economy. 2/27/2017