Current Account in Moldova
Moldova - Current Account (billions of U.S. Dollars)Growth likely remained firm in the third quarter, supported by a flourishing tourism sector. Moreover, retail sales grew at a slightly faster pace, on average, in Q3 compared to the previous quarter as moderating inflationary pressures boosted households’ purchasing power. Healthy remittance inflows also likely buoyed private consumption. A fall in export growth and a marked deterioration in the industrial sector, however, suggest the economy expanded at a more moderate pace in the third quarter compared to the second. On 20 November, Moldova’s Central Bank Governor Sergiu Cioclea resigned, citing that the country had returned to financial stability after enacting difficult reforms.
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||17.26||0.03 %||Dec 14|
|Stock Market||0.1||0.0 %||Nov 26|
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