Current Account in Moldova

Moldova Current Account | Economic News & Forecasts

Moldova - Current Account

A faltering external sector and subdued household spending dragged on GDP in the third quarter. On the upside, gross fixed investment soared in the same period due to a booming construction sector. However, robust domestic dynamics, coupled with higher oil prices, propelled imports, prompting the external sector to detract from overall economic growth in Q3. In the political arena, the country is heading to a crucial parliamentary election on 24 February. Recent polls suggest that the opposition pro-Russian Party of Socialists of the Republic of Moldova (PSRM) has a comfortable lead over the other parties, although it is still unclear whether the PSRM will be able to form a government.

Moldova - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-4.9  -5.3  -6.4  -4.0  -7.2  

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Moldova Current Account Chart

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

Moldova Facts

Exchange Rate17.160.03 %Jan 16
Stock Market0.10.0 %Nov 26

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