Moldova | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 0.60 0.4 0.2 0.3 0.4 0.5 percent [+]
Unemployment Rate 2.90 3.8 6.5 4.2 3.19 4.7 percent [+]
Inflation Rate 2.60 2.5 2.2 1.7 2 2 percent [+]
Interest Rate 9.00 8 6.5 5.5 5 3.5 percent [+]
Balance of Trade -179.40 -172 -174 -174 -174 -174 USD Million [+]
Government Debt to GDP 27.50 29.85 29.66 29.46 29.27 28.26 percent [+]
MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 20.04 20.33 20.53 20.73 20.94 24.16 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 0.60 0.4 0.2 0.3 0.4 0.5 percent [+]
GDP Annual Growth Rate 1.80 1.5 1.6 1.8 1.9 2.6 percent [+]
GDP 6.55 6.85 6.92 6.94 6.39 10.98 USD Billion [+]
Gross Fixed Capital Formation 6838276.00 8439276 6459722 7468912 8286860 9299404 MDL Thousand [+]
GDP per capita 1971.05 2004 2005 2006 2007 2030 USD [+]
GDP per capita PPP 4741.82 4910 4950 4990 5030 5598 USD [+]
GDP Constant Prices 105327583.00 113173001 115351718 117530434 119709151 155030589 MDL Thousand [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 2.90 3.8 6.5 4.2 3.19 4.7 percent [+]
Unemployed Persons 38.70 48.13 65.24 53.08 41.62 50.29 Thousand [+]
Labor Force Participation Rate 44.80 40.81 40.63 45.34 44.65 41.19 percent [+]
Wages 5170.60 5679 5362 5676 5642 6978 MDL/Month [+]
Wages in Manufacturing 4911.70 4592 4660 4654 4645 5977 MDL/Month [+]
Population 3.55 3.55 3.55 3.55 3.54 3.54 Million [+]
Retirement Age Women 57.00 57 57 57 57 57 [+]
Retirement Age Men 62.00 62 62 62 62 62 [+]
Youth Unemployment Rate 8.90 10.08 10.48 8.2 9.17 8.73 percent [+]
Employed Persons 1298.30 1169 1140 1299 1291 1178 Thousand [+]
Employment Rate 43.50 39.2 38.19 43.48 43.29 39.53 percent [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 2.60 2.5 2.2 1.7 2 2 percent [+]
Consumer Price Index CPI 2197.66 2232 2255 2279 2303 2616 Index Points [+]
Core Inflation Rate 5.90 5.18 4.38 3.91 3.64 3.26 percent [+]
Producer Prices 125.70 126 128 129 130 146 Index Points [+]
Producer Prices Change 3.10 3.8 3.4 3.4 3.11 2.4 percent [+]
Inflation Rate Mom 1.30 0.58 0.46 0.47 0.47 0.47 percent [+]
Food Inflation 2.40 0.93 0.66 0.62 0.62 0.62 percent [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 9.00 8 6.5 5.5 5 3.5 percent [+]
Money Supply M0 16844.18 17224 17561 17908 18263 23703 MDL Million [+]
Money Supply M3 69786.29 69840 69680 69480 69277 66812 MDL Million [+]
Deposit Interest Rate 7.00 5.61 5.23 5.09 5.03 4.99 percent [+]
Lending Rate 12.00 11.25 10.76 10.54 10.44 10.37 percent [+]
Money Supply M1 27302.95 27995 28808 29631 30465 42843 MDL Million [+]
Money Supply M2 45443.98 47377 46436 48155 49875 64859 MDL Million [+]
Foreign Exchange Reserves 2092601.56 2092615 2098034 2099550 2099837 2100019 USD Thousand [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -179.40 -172 -174 -174 -174 -174 USD Million [+]
Exports 193.60 171 175 176 175 175 USD Million [+]
Imports 380.30 352 361 360 360 360 USD Million [+]
Current Account -97.60 -110 -104 -105 -105 -105 USD Million [+]
Current Account to GDP -7.20 -8.4 -8.43 -8.47 -8.5 -7.8 percent [+]
Capital Flows 35.32 64.83 70.07 71.75 78.3 87.99 USD Million [+]
Remittances 187.21 184 170 183 186 179 USD Million [+]
Terrorism Index 0.02 0.29 0.32 0.36 0.4 0.61 [+]
Tourist Arrivals 34064.00 32285 27382 35188 35763 34219 [+]
Foreign Direct Investment 22.42 12.86 15.65 15.23 13.63 14.51 USD Million [+]
External Debt 6338.39 6325 6391 6456 6522 6906 USD Million [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 27.50 29.85 29.66 29.46 29.27 28.26 percent [+]
Government Budget -2.20 -2.54 -2.4 -2.26 -2.12 -2.21 percent of GDP [+]
Government Revenues 43660.70 45368 45600 45832 46065 44323 MDL Million [+]
Military Expenditure 28.50 27.73 27.8 27.86 27.61 26.68 USD Million [+]
Government Spending 46393.90 48323 48631 48939 49247 49233 MDL Million [+]
Government Budget Value -2733.20 -1891 -1841 -1791 -1741 -1290 MDL Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Industrial Production -2.70 3.66 -3.21 2.54 4.71 -0.15 percent [+]
Industrial Production Mom 10.80 2.91 2.39 1.46 1.32 1.15 percent [+]
Manufacturing Production -0.30 0.65 1.45 4.11 1.68 1.67 percent [+]
Mining Production -9.50 4.43 7.58 8.61 8.96 9.15 percent [+]
Steel Production 0.00 13.58 19.92 23.08 24.48 25.57 Thousand Tonnes [+]
Ease of Doing Business 44.00 52.48 51.5 51.02 50.53 59.3 [+]
Corruption Index 33.00 31.82 31.62 31.41 31.21 29.88 Points [+]
Corruption Rank 103.00 98.66 98.17 97.69 97.2 94.82 [+]
Changes In Inventories 113143.60 -34065 -20226 -30786 33691 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 Q4/16 Q1/17 Q2/17 Q3/17 2020
Retail Sales MoM 5.10 1.31 1.11 1.11 1.11 1.11 percent [+]
Retail Sales YoY -1.80 2.28 1.82 1.95 2 2.19 percent [+]
Consumer Spending 27821806.00 26920449 26914805 26914341 26914302 26914299 MDL Thousand [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 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. 12/9/2016