Current Account in Moldova
Moldova - Current AccountEconomic activity growth accelerated to 4.4% year-on-year in the first quarter, from 3.8% in Q4 2018. Robust fixed investment powered growth, amid sturdy construction activity, more than offsetting sluggishness in household spending. Meanwhile, despite rebounding export growth, the external sector weighed on the overall expansion due to higher import growth. Turning to Q2, momentum seems to have been partly sustained. In April, industrial production jumped on the back of stronger manufacturing output, while merchandise exports fared slightly better than in March. In the political arena, after almost five months of parliamentary negotiations, Maia Sandu, leader of the pro-Western Now Platform party, became prime minister on 14 June after forming a coalition government with the pro-Russian Socialist party.
Moldova - Current Account Data
|Current Account (% of GDP)||-6.1||-7.1||-7.2||-4.2||-5.7|
5 years of economic forecasts for more than 30 economic indicators.
Moldova Current Account Chart
|Exchange Rate||17.75||0.03 %||Jul 11|
|Stock Market||0.1||0.0 %||Jul 11|
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