Current Account to GDP in Moldova increased to -9.70 percent in 2019 from -10.60 percent in 2018. source: National Bank of Moldova

Current Account to GDP in Moldova averaged -8.25 percent from 1998 until 2019, reaching an all time high of -1.20 percent in 2002 and a record low of -19.70 percent in 1998. This page provides - Moldova Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Moldova Current Account to GDP - values, historical data and charts - was last updated on August of 2021.

Current Account to GDP in Moldova is expected to reach -7.30 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Moldova Current Account to GDP is projected to trend around -8.00 percent in 2022 and -7.70 percent in 2023, according to our econometric models.

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Moldova Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-9.70 -10.60 -1.20 -19.70 1998 - 2019 percent of GDP Yearly

Moldova Trade Last Previous Highest Lowest Unit
Balance of Trade -361.70 -343.90 -40.40 -371.00 USD Million [+]
Current Account -238.81 -344.83 41.39 -377.48 USD Million [+]
Current Account to GDP -9.70 -10.60 -1.20 -19.70 percent of GDP [+]
Imports 563.40 561.20 630.20 111.10 USD Million [+]
Exports 201.70 218.30 272.10 61.90 USD Million [+]
Capital Flows -379.93 -36.80 448.87 -401.57 USD Million [+]
Terrorism Index 0.06 0.12 2.58 0.00 [+]
Tourist Arrivals 7321.00 5549.00 51355.00 660.00 [+]
Remittances 287.48 238.35 316.09 0.02 USD Million [+]
External Debt 8253.89 8357.73 8357.73 1678.25 USD Million [+]
Foreign Direct Investment 26.81 33.74 277.78 -22.00 USD Million [+]

Moldova Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.