Current Account in Moldova
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
|Current Account Balance (USD bn)||-0.4||-0.4||-0.4||-0.3||-0.6|
5 years of economic forecasts for more than 30 economic indicators.
Moldova Current Account (USD bn) Chart
Source: National Bank of Moldova
|Exchange Rate||17.02||0.03 %||Oct 18|
|Stock Market||0.1||0.0 %||Oct 18|
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.