Moldova’s GDP expanded 5.8 percent year-on-year in the second quarter of 2019, faster than a 4.4 percent advance in the prior period. It was the highest growth rate since the last quarter of 2017, mainly due to a rise in fixed investment (6.9 percent vs 2.3 percent in Q1). At the same time, both household consumption (1.5 percent vs 1.6 percent) and government expenditure (0.2 percent vs 0.5 percent) slowed; while net external demand contributed negatively to growth (-2 percent vs 1 percent). On a seasonally adjusted quarterly basis, GDP advanced 2 percent, higher than a 0.6 percent rise in Q1. GDP Annual Growth Rate in Moldova averaged 3.26 percent from 1996 until 2019, reaching an all time high of 12.90 percent in the third quarter of 2013 and a record low of -7.40 percent in the third quarter of 1996.

GDP Annual Growth Rate in Moldova is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Moldova to stand at 3.60 in 12 months time. In the long-term, the Moldova GDP Annual Growth Rate is projected to trend around 3.80 percent in 2020, according to our econometric models.

Moldova GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-17 11:30 AM GDP Growth Rate YoY Q3 3.4% 5.2% 4.4%
2019-03-15 12:00 PM GDP Growth Rate YoY Q4 3.9% 3.4% 3.3%
2019-06-25 11:00 AM GDP Growth Rate YoY Q1 4.4% 3.8% 3.1%
2019-09-16 11:00 AM GDP Growth Rate YoY Q2 5.8% 4.4% 4%
2019-12-16 12:00 PM GDP Growth Rate YoY Q3 5.8% 3.6%


Moldova GDP Last Previous Highest Lowest Unit
GDP Growth Rate 2.00 0.60 5.30 -7.84 percent [+]
GDP Annual Growth Rate 5.80 4.40 12.90 -7.40 percent [+]
GDP 11.31 9.67 11.31 1.17 USD Billion [+]
Gross Fixed Capital Formation 14787996.00 8487289.00 15636667.00 381633.00 MDL Thousand [+]
GDP per capita 2684.10 2578.50 2753.82 1089.85 USD [+]
GDP per capita PPP 6489.74 6234.31 6489.74 2621.89 USD [+]
GDP Constant Prices 183851602.00 141043266.10 183851602.00 4671646.00 MDL Thousand [+]


Moldova GDP Annual Growth Rate

Household consumption is the main component of GDP in Moldova and accounts for 94 percent of its total use, followed by gross fixed capital formation (23 percent) and government expenditure (18 percent). Exports of goods and services account for 43 percent while imports account for 81 percent, subtracting 37 percent of total GDP. This page provides - Moldova Gdp Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Moldova GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.80 4.40 12.90 -7.40 1996 - 2019 percent Quarterly
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China 6.20 Jun/19
Indonesia 5.05 Jun/19
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Australia 1.40 Jun/19
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Japan 1.00 Jun/19
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Germany 0.40 Jun/19
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Italy -0.10 Jun/19
Mexico -0.80 Jun/19
Turkey -1.50 Jun/19


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