Fiscal Balance in Moldova

Moldova Fiscal Balance | Economic News & Forecasts

Moldova - Fiscal Balance

Early indicators suggest the economy sustained solid momentum into the first quarter of the year, following a demand-led acceleration in Q4 2018. The external sector fared surprisingly well in the first two months of Q1 as exports rebounded strongly, despite headwinds arising from weaker global growth dynamics. Meanwhile, on the domestic front, demand likely remained resilient on healthy private consumption. Improved remittance inflows in the quarter, coupled with a surge in credit availability in February and March, likely shored up household spending. In the political arena, negotiations to form a coalition government have failed thus far, increasing the likelihood of a snap election in June. While near-term economic activity is unlikely to be affected by prolonged political impasse, critical structural reforms hang in the balance.

Moldova - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-1.9  -1.9  -2.3  -2.1  -     

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Moldova Fiscal Balance Chart


Moldova Fiscal
Note: Fiscal balance as % of GDP
Source: National Bureau of Statistics

Moldova Facts

ValueChangeDate
Exchange Rate17.880.03 %May 13
Stock Market0.10.0 %Nov 26

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