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 3.80 6.5 4.2 3 4 4.5 percent [+]
Inflation Rate 4.70 2.2 1.7 2 1.8 2 percent [+]
Interest Rate 9.00 8.5 7.75 7.25 6.75 4 percent [+]
Balance of Trade -127.30 -164 -155 -154 -154 -154 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 19.34 20.04 20.24 20.44 20.83 23.81 [+]
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 6.50 5.6 3.8 2.9 2 2.6 percent [+]
GDP 6.57 6.92 6.94 6.8 7.17 10.98 USD Billion [+]
Gross Fixed Capital Formation 8568686.00 6564799 7228068 8624185 8508757 8203436 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 3.80 6.5 4.2 3 4 4.5 percent [+]
Unemployed Persons 44.90 63.41 51.97 40.58 45.57 47.92 Thousand [+]
Labor Force Participation Rate 40.00 40.09 45.06 44.31 39.9 40.25 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 12.60 11.69 9.74 10.93 12.14 10.96 percent [+]
Employed Persons 1148.30 1128 1294 1287 1149 1159 Thousand [+]
Employment Rate 38.50 37.76 43.28 43.08 38.5 38.86 percent [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 4.70 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 127.50 129 131 133 135 154 Index Points [+]
Inflation Rate Mom 1.20 0.53 0.54 0.55 0.54 0.54 percent [+]
Producer Prices Change 2.60 3 2.9 2.7 2.6 2 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 6.75 4 percent [+]
Money Supply M0 16400.52 16257 16282 16124 16260 16255 MDL Million [+]
Money Supply M3 70790.73 70830 71364 71651 71805 72099 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 27687.04 27570 27764 27769 27797 27804 MDL Million [+]
Money Supply M2 46470.93 46462 46838 46975 47063 47177 MDL Million [+]
Foreign Exchange Reserves 2231993.96 2250068 2280587 2290558 2294278 2296182 USD Thousand [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -127.30 -164 -155 -154 -154 -154 USD Million [+]
Exports 139.60 181 168 173 173 173 USD Million [+]
Imports 266.90 348 328 331 330 330 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 [+]
Terrorism Index 0.02 0.29 0.29 0.29 0.29 0.61 [+]
Tourist Arrivals 32630.00 27601 35393 35960 34241 34748 [+]
Remittances 190.34 170 183 186 181 179 USD Million [+]
Foreign Direct Investment 73.98 49.92 51.6 53.74 53.12 51.85 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 5.70 4.34 3.25 2.55 2.12 1.46 percent [+]
Industrial Production Mom -35.00 16.9 3.55 2.96 1.68 1.27 percent [+]
Manufacturing Production 9.60 4.15 3.65 2.84 2.42 1.71 percent [+]
Steel Production 5.00 9.72 16.18 19.21 20.6 21.77 Thousand Tonnes [+]
Mining Production -12.20 -10.53 -10.41 -10.4 -10.4 -10.4 percent [+]
Corruption Index 30.00 33 32 32 32 33 Points [+]
Corruption Rank 123.00 97.09 97.62 98.14 98.66 94.82 [+]
Ease of Doing Business 44.00 51.99 51.5 51.02 50.53 59.3 [+]
Changes In Inventories -1279309.50 83515 -270262 384427 -233486 -62511 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 20.90 3.25 -0.42 3.73 4.19 3.38 percent [+]
Retail Sales YoY 12.10 5.02 5.89 5.81 5.79 5.66 percent [+]
Consumer Spending 30792472.00 30079022 29999497 29990633 29989645 29989521 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. 3/30/2017