Moldova Economic Outlook
June 4, 2019Available data suggests growth sped up in Q1. Exports rebounded in the quarter, with manufacturing goods leading the charge, despite a cooling global economy and trade upheaval. This, coupled with buoyant tourist arrivals in the period, should have strengthened the current account. At the same time, the domestic economy appears to be firing on all cylinders: Fixed investment in machinery and transport equipment surged, while faster credit expansion, solid real wage growth and strong remittance inflows—largely from Russia, Israel and Italy—likely continued to support private consumption. In the political arena, the prospect of a repeat election seems increasingly likely as negotiations to form a coalition government continue to falter, raising fears that vital reforms will be put on the backburner.
Moldova Economic GrowthGrowth is set to weaken this year as a tighter fiscal stance constrains domestic demand, while protracted political deadlock continues to cloud the economic outlook. FocusEconomics panelists see GDP growing 3.4% in 2019, which is down 0.1 percentage points from last month’s forecast, and 3.8% in 2020.
Moldova Economy Data
5 years of Moldova economic forecasts for more than 30 economic indicators.
Get a sample report showing our regional, country and commodities data and analysis.
|Exchange Rate||18.13||0.03 %||Jun 13|
|Stock Market||0.1||0.0 %||Jun 13|
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.