Fiscal Balance in Moldova

Moldova Fiscal Balance | Economic News & Forecasts

Moldova - Fiscal Balance

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 - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-1.7  -1.7  -2.2  -1.9  -0.8  

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

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