Current Account in Moldova

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

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

Recently-released GDP data revealed that the economy shifted into a higher gear in Q2, with annual growth climbing from 3.7% in Q1 to 5.2% on the back of buoyant domestic demand. Although private consumption growth moderated slightly, the rate of expansion in capital spending more than doubled compared to Q1. Available data for Q3 paints a mixed picture, however. Industrial production grew at the weakest annual pace so far this year in July, while retail sales surged despite the continued decline in credit provision and increased inflationary pressures. Meanwhile, on 24 September, the Constitutional Court temporarily stripped Igor Dodon, Moldova’s pro-Russian president, of his powers for refusing to approve new ministers set forth by the pro-Western ruling coalition.

Moldova - Current Account (USD bn) Data

2013  2014  2015  2016  2017  
Current Account Balance (USD bn)-0.4  -0.4  -0.4  -0.3  -0.6  

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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

Exchange Rate17.020.03 %Oct 18
Stock Market0.10.0 %Oct 18

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