Country

 

Moldova

Economy*
  • Population: 2.5 mln*
  • GDP (2023): USD 17.3 bln*
  • GDP per capita (2023): USD 6,869*
  • Average real GDP growth (2016-2023): 2.3%
  • Forecasted average real GDP growth '24-'26: +3.7%**
  • Total loans / GDP (2023): 21.3%
Currency
  • Currency: Moldovan leu (MDL)
  • Exchange rates (31 December 2023): MDL/ USD: 17.41; MDL/ EUR: 19.36
Recent developments
  • The European Council opened EU accession negotiations with Moldova in December 2023
  • In June 2023, Moldova hosted the second European summit, involving the heads of state of virtually every European country
  • Moldova received EU Candidate status in June 2022
  • Inflation has stabilised, staying within the target corridor of 3.5% - 6.5%. It was at 4.2% as of December 2023


(*) ; Source: National Bureau of Statistics of Moldova

(**); Source: Average of revised forecasts of: World Bank (January 2024), International Monetary Fund (April 2024), EBRD (May 2024), Vienna Institute for Economic Studies (April 2024) and Moldavian Ministry of Economy (April 2024)