Unemployment in Moldova

Moldova Unemployment | Economic News & Forecasts

Moldova - Unemployment

The absence of a clear winner in the general election held on 24 February has hurled the nation into political uncertainty. The pro-Russia Socialist Party secured the greatest number of seats, but fell short of a majority win, while the remainder of the votes were largely split between the ruling pro-Western Democratic Party, and ACUM—a political bloc rallying against corruption. With the ballot marred by a myriad of controversies—from vote-buying allegations to meddling by Moscow—coalition talks are likely to be tough. Consequently, the future of economic policy is uncertain, following a likely deceleration in H2 2018. While easing credit conditions and solid remittance inflows supported private spending, growth likely cooled in the second half on a deterioration in the country’s external position.

Moldova - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate4.1  3.5  4.2  3.8  3.3  

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Moldova Unemployment Chart

Moldova Unemployment
Note: Unemployment as % of active population (aop).
Source: National Bureau of Statistics

Moldova Facts

Exchange Rate17.060.03 %Mar 11
Stock Market0.10.0 %Nov 26

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