Current Account in Moldova

Moldova Current Account | Economic News & Forecasts

Moldova - Current Account

The economy grew 4.3% in the third quarter, down from the 5.8% expansion recorded in the second quarter. Although private consumption gathered momentum, fixed investment growth nearly halved largely due to easing construction activity. Meanwhile, the external sector continued to weigh on the headline reading in Q3, as rising exports were broadly offset by a parallel jump in imports. Turning to the fourth quarter, growth appears to have been largely sustained. On the one hand, upbeat retail sales and healthy credit growth in October hint that consumption likely maintained its momentum at the start of Q4. On the other hand, easing industrial production and receding merchandise exports growth in the same month suggest that the external sector’s weakness persisted.

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 Rate17.150.03 %Jan 01
Stock Market0.10.0 %Jan 07

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