Moldova GDP Growth Rate
The Gross Domestic Product (GDP) in Moldova expanded 0.91 percent in the fourth quarter of 2010 over the previous quarter. GDP Growth Rate in Moldova averaged 0.61 Percent from 1995 until 2010, reaching an all time high of 5.20 Percent in the first quarter of 2010 and a record low of -7.84 Percent in the first quarter of 2009. GDP Growth Rate in Moldova is reported by the National Bureau of Statistics of the Republic of Moldova.
||1995 - 2010
Moldova is the poorest country in Europe. Moldova’s economy is dependent on remittances from abroad (around 30 percent of GDP) which mostly benefit construction and trade sectors. Agriculture is still central to the economy and accounts for a significant part of exports. Lately, the manufacturing sector based on production of textiles has been growing. Moldova has failed to implement reforms to combat bureaucratic barriers to doing business and attract foreign investment. This page provides - Moldova GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.