Moldova Economy Grows 0.9% in Q2

2026-09-14 07:37 By Kyrie Dichosa 1 min. read

Moldova’s economy expanded by 0.9% year-on-year in the second quarter of 2026, accelerating from 0.4% growth in the previous period.

The pickup was mainly driven by exports, which surged 13.6% and contributed 4.1 percentage points to GDP growth, while household consumption rose 1.2% and contributed 1.0 pp.

Gross fixed capital formation increased 3.2%, adding 0.8 pp, while public consumption rose 1.8% and contributed 0.3 pp.

On the supply side, manufacturing led growth, with value added rising 6.7% and contributing 0.5 pp, followed by agriculture, forestry and fishing (+9.4%; +0.4 pp) and energy (+20.9%; +0.3 pp).

In contrast, information and communications (-7.9%; -0.6 pp) and construction (-7.5%; -0.5 pp) were the main drags.

On a seasonally adjusted quarterly basis, GDP rose 1.4%, following a 1.1% contraction in Q1.

In the first half of the year, GDP grew 0.6% compared to the same period last year.



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Moldova Economy Grows 0.9% in Q2
Moldova’s economy expanded by 0.9% year-on-year in the second quarter of 2026, accelerating from 0.4% growth in the previous period. The pickup was mainly driven by exports, which surged 13.6% and contributed 4.1 percentage points to GDP growth, while household consumption rose 1.2% and contributed 1.0 pp. Gross fixed capital formation increased 3.2%, adding 0.8 pp, while public consumption rose 1.8% and contributed 0.3 pp. On the supply side, manufacturing led growth, with value added rising 6.7% and contributing 0.5 pp, followed by agriculture, forestry and fishing (+9.4%; +0.4 pp) and energy (+20.9%; +0.3 pp). In contrast, information and communications (-7.9%; -0.6 pp) and construction (-7.5%; -0.5 pp) were the main drags. On a seasonally adjusted quarterly basis, GDP rose 1.4%, following a 1.1% contraction in Q1. In the first half of the year, GDP grew 0.6% compared to the same period last year.
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Moldova’s economy advanced by 3.6% year-on-year in the fourth quarter of 2025, following a downwardly revised 5.1% expansion in the previous period, according to preliminary estimates. Gross fixed capital formation (9.3%) and household consumption (2.2%) remained the key drivers of growth. Net external demand also contributed positively, as total exports jumped by 16.7% while imports rose at a slower 14.2%. On a seasonally adjusted quarter-on-quarter basis, the GDP shrank by 0.6%, after a downwardly revised 1.3% rise in the previous quarter. Considering the whole year of 2025, the economy grew by 2.4%, markedly faster than 0.3% in 2024.
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