Current Account in Moldova

Moldova Current Account | Economic News & Forecasts

Moldova - Current Account

Economic 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

2013  2014  2015  2016  2017  
Current Account (% of GDP)-6.1  -7.1  -7.2  -4.2  -5.7  

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Moldova Current Account Chart

Moldova Current Account
Note: Current account balance as % of GDP.

Moldova Facts

Exchange Rate17.750.03 %Jul 11
Stock Market0.10.0 %Jul 11

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