Moldova


Moldova Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Moldova; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION
Central bank National Bank of Moldova
International Reserves US$ 1.965 billion (Source: IMF; Data updated: 2012)
Gross Domestic Product - GDP US$ 7.559 billion (2011 estimate)
GDP (Purchasing Power Parity) 12.577 billion of International dollars (2011 estimate)
Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
6.1% 7.8% 6.6% 7.4% 7.5% 4.8% 3% 7.8%
2009 2010 2011 2012*
-6% 7.1% 6.4% 3.5%

*Estimate

GDP per capita - current prices US$ 2,128 (2011 estimate)
GDP per capita - PPP $3,540 International Dollars (2011 estimate)
GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
N/A N/A 0.01% 0.02% 0.02%

**Forecast

GDP - composition by sector
  • agriculture: 16.1% 
  • industry: 20.3% 
  • services: 63.6% (2011 estimate)
  • (Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP) N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
0%(2008) 7.4% 7.7% 5.5%

*Estimate

Unemployment rate
2009 2010 2011 2012*
6.4% 7.4% 6.7%(2009) 6.6%

*Estimate

Household saving rates N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
19.3% 29.1% 26.5% 23.4% 22.5%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-1% -6.4% -2.5% -2.4% -0.9%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: B3

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
N/A N/A US$22 million (2010)
Largest companies in Moldova N/A
DATA ON TRADE AND COMPETITIVENESS
Current account balance US$ -736 million (2010 estimate)(After 2008)
Current account balance by percentage of GDP -9.7% of GDP (2010 estimate)(2009)
Exports as percent of GDP

(Exports of goods and services)

39.6% (2010)

(Data released on April 2012)

Shares in world total merchandising export 0.01%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export 0.02% (2011)(2007)

(Data were released in 2012)

Total exports US$2.161 billion (2012 estimate) 
Export commodities foodstuffs, textiles, machinery
Total imports US$5.213 billion (2012 estimate) 
Import commodities mineral products and fuel, machinery and equipment, chemicals, textiles
Exports - major partners Italy 9.7%, Ukraine 6.9%, Germany 5%, UK 4.6% (2011)
Imports - major partners Italy 6.7%, Ukraine 12.3%, Romania 11.1%, China 7.7%, Germany 7.7%, Turkey 7.1% (2011 estimate)
FDI inflows
2009 2010 2011
N/A N/A(2009) N/A(2009)
FDI outflows
2009 2010 2011
US$7 million US$4 million US$21 million
Value of cross-border M&A, by country of purchaser
2008 2009 2010 2011
N/A N/A(2009) N/A(2009) N/A
Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2011

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 83 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 92 out of 185 countries(2009)

Enforcing Contracts: 26 out of 185 countries

Registering Property: 16 out of 185 countries

Getting credit: 40 out of 185 countries

Protecting investors: 82 out of 185 countries

Trading across border: 142 out of 185 countries

Paying Taxes: 109 out of 185 countries

Dealing with Construction Permits: 168 out of 185 countries

Getting Electricity: 161 out of 185 countries

Resolving Insolvency: 91 out of 185 countries

(2013)

Global competitiveness ranking
(ranking by country on a basis of 144, the first is the best)
87

(2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 124 Score: 54.4 (Mostly Unfree) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zone UTC+2
Total area 33,851 km2 (2006)
Capital Chisinau (Kishinev) (2009)
Currency Moldovan lei (MDL) (2009)
Government type republic (2009)
Languages Moldovan (official, virtually the same as the Romanian language), Russian, Gagauz (a Turkish dialect)
Religions Eastern Orthodox 98%, Jewish 1.5%, Baptist and other 0.5% (2000)
Total population
1980 1990 2000 2012* 2017**
N/A N/A 3.64 million 3.55 million 3.55 million

*Estimate    **Forecast

Urban population as % of total population
1960 1980 2000 2011
23.4% 40.4% 44.6% 47.7%
Population median age 35 years (2010)
Population growth rate -0.1% (2011)
Life expectancy 69 years (2010)
Adult literacy 98% (2005/2010)
% of population living on less than $2 a day 12.47% (2011)
Inequality of wealth distribution (Gini index)

33.03 (2010)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:3
Civil Liberties:3 (2011)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

138.09% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population 38% (Data were released in 2012 and refer to 2011)
Cost of living - Mercer index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions
(Metric tons of CO2 per capita)

N/A

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST EMERGING MARKET BANKS

2012:
  • COUNTRY WINNERS Moldova Agroindbank (Western Europe, 2012)
2011:
  • COUNTRY WINNERS Moldova Agroindbank (National, 2011)
2010:
  • COUNTRY WINNERS Moldova Agroindbank (Global, 2010)
2009:
  • COUNTRY WINNERS Moldova Agroindbank (National, 2009)

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS

2013:
  • COUNTRY WINNERS Moldova Agroindbank (Western Europe, 2013)
2012:
  • COUNTRY WINNERS Moldova Agroindbank (Western Europe, 2012)
2011:
  • COUNTRY WINNERS Moldova Agroindbank (Global, 2011)
2010:
  • COUNTRY WINNERS Moldova Agroindbank (Global, 2010)
2009:
  • COUNTRY WINNERS Moldova Agroindbank (National, 2009)
ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE