Trade Balance in Moldova
Moldova - Trade Balance
High-frequency indicators suggest that economic growth accelerated in the second quarter, largely on the back of firming domestic activity. Retail sales growth came in well above the prior quarter’s average in annual terms in Q2, while industrial output soared in the period. On top of this, skyrocketing goods imports in the quarter, coupled with a marked acceleration in credit growth, further highlight improved domestic demand dynamics. That said, a low base effect will have flattered the readings. Meanwhile, available data points to a bumpy start in Q3. Tumbling remittances in July—which represent about 15.0% of the country’s GDP—bode ill for household spending, while rising Covid-19 cases from August amid a still-low vaccination rate will likely place an additional strain on the economy.Moldova - Trade Balance Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Trade Balance (USD billion) | -2.1 | -2.1 | -2.6 | -3.3 | -3.3 |
Moldova Trade Balance Chart
Source: National Bureau of Statistics
Moldova Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 17.15 | 0.03 % | Jan 01 |
| Stock Market | 0.1 | 0.0 % | Jan 07 |
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