Current Account in Moldova

Moldova Current Account (USD bn) | Economic News & Forecasts

Moldova - Current Account (billions of U.S. Dollars)

Recent figures point to recovering activity hitting a roadblock in Q3, after output plunged in Q2 as the Covid-19 fallout pummeled domestic demand and exports. Although the pace of contraction in industrial production eased from April’s nadir through July, it grew more severe in August as manufacturing activity, particularly in food processing, shrank markedly. Similarly, July’s rebound in retail sales was short-lived as they slumped back again in August, which, coupled with even slower bank lending in Q3 than in Q2, hints at demand struggling to gain traction. Lastly, the key agricultural sector, which accounts for about a tenth of output and a third of employment, languished in Q3 as crop production declined even more heavily than in Q2.

Moldova - Current Account (USD bn) Data

2015   2016   2017   2018   2019  
Current Account Balance (USD bn)-0.5  -0.3  -0.6  -1.2  -1.2  

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Moldova Current Account (USD bn) Chart


Moldova Current Account
Note: Current account balance in USD.
Source: National Bank of Moldova

Moldova Facts

Value Change Date
Exchange Rate17.150.03 %Jan 01
Stock Market0.10.0 %Jan 07

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