The Gross Domestic Product of Moldova expanded 1.7 percent on quarter in the three months to June of 2018, recovering from a 0.6 percent contraction in the previous period. GDP Growth Rate in Moldova averaged 0.76 percent from 1995 until 2018, reaching an all time high of 5.30 percent in the first quarter of 2013 and a record low of -7.84 percent in the first quarter of 2009.

Moldova GDP Growth Rate
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Moldova GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.70 -0.60 5.30 -7.84 percent [+]
GDP Annual Growth Rate 5.20 3.70 12.90 -7.40 percent [+]
GDP 8.13 6.80 8.13 1.17 USD Billion [+]
Gross Fixed Capital Formation 11406473.00 7687492.00 11406473.00 381633.00 MDL Thousand [+]
GDP per capita 2165.16 2070.63 2753.82 946.37 USD [+]
GDP per capita PPP 5189.97 4963.40 6439.71 2268.50 USD [+]
GDP Constant Prices 141043266.10 128041506.00 141043266.10 4671646.00 MDL Thousand [+]

Moldova GDP Growth Rate

Moldova’s economy is dependent on remittances (around 24 percent of GDP) which mostly benefit construction and trade sectors. Historically, the largest industries in Moldova have been manufacturing industry, agriculture and food processing, textile, apparel and footwear while the ICT sector is a rather new and fast growing sector. On the expenditure side, household consumption is the main component of GDP 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 the latest reported value for - Moldova GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Moldova GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.70 -0.60 5.30 -7.84 1995 - 2018 percent Quarterly

Country Last
Singapore 4.70 Sep/18
United States 3.50 Sep/18
Indonesia 3.09 Sep/18
India 1.90 Jun/18
China 1.60 Sep/18
Australia 0.90 Jun/18
Mexico 0.90 Sep/18
Russia 0.90 Jun/18
Turkey 0.90 Jun/18
Canada 0.70 Jun/18
Switzerland 0.70 Jun/18
South Korea 0.60 Sep/18
Spain 0.60 Sep/18
United Kingdom 0.60 Sep/18
France 0.40 Sep/18
Brazil 0.20 Jun/18
Euro Area 0.20 Sep/18
Netherlands 0.20 Sep/18
Italy 0.00 Sep/18
Saudi Arabia -0.05 Mar/18
Germany -0.20 Sep/18
Japan -0.30 Sep/18
South Africa -0.70 Jun/18
Argentina -4.00 Jun/18