Current Account in Moldova

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

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

The economy likely lost momentum in the final quarter after a slowdown in Q3. Retail sales rose at a slightly slower pace, on average, in the first two months of Q4 compared to the previous quarter, suggesting household spending weakened somewhat. Moreover, exports contracted in October and recorded feeble growth in November. In other news, the Central Bank recently approved the sale of a 64% stake in Moldindconbank, the country’s second-largest lender, to Bulgarian fund Doverie United Holding. This was the latest in a privatization drive in the banking sector aimed at boosting competition. Meanwhile, polls suggest that the pro-Russian Socialist party is set to win a majority in the 24 February parliamentary elections, which could lead to closer economies ties with Russia.

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 Rate17.090.03 %Feb 20
Stock Market0.10.0 %Nov 26

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