Economy of Moldova
From Wikipedia, the free encyclopedia
The economy of Moldova is an emerging[1] upper-middle income economy,[2] Moldova is a landlocked Eastern European country, bordered by Ukraine on the East and Romania to the West. It is a former Soviet republic and today a candidate member to the European Union.[29]
Quick Facts Currency, Fiscal year ...
Currency | Moldovan leu (MDL) |
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Calendar year | |
Trade organisations | WTO, GUAM, CEFTA, BSEC, CISFTA, EAEU (observer) |
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Statistics | |
Population | 3.33 million (2024 est)[3] |
GDP | |
GDP rank | |
GDP growth |
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GDP per capita | |
GDP per capita rank | |
GDP by sector |
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Population below poverty line | 26.8% (2020)[5]
1.0% on <$3.20/day (2020f) 11.9% on <$5.50/day (2022f)[6] |
26.0 low (2019)[7] | |
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Labour force | |
Labour force by occupation |
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Unemployment | |
Average gross salary | MDL 11,539.1 / €604 / $651 monthly (Q4, 2022)[11] |
MDL 9,240.51 / €483 / $521 monthly (Q4, 2022)[12][13][14] | |
Main industries | Food processing, agricultural machinery; foundry equipment, refrigerators and freezers, washing machines; hosiery, shoes, textiles, sugar processing, vegetable oil.[15] |
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Exports | |
Export goods | Cereals and cereal-based products; seeds and oleaginous fruits; electrical machines, appliances and parts thereof; vegetable fats and oils − fixed, crude, refined or fractionated; vegetables and fruits; clothing and accessories; furniture and parts thereof; alcoholic and non-alcoholic beverages; yarns, fabrics, textiles and related products; road vehicles; Others.[15][17][18] |
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Imports | |
Import goods | Refined petroleum and oils obtained from bituminous minerals; Medicaments; Motor cars and other motor vehicles, including station wagons and tractors; Insulated wire, cable and other insulated conductors; Optical, photographic, cinematographic instruments and apparatus; Insecticides, rodenticides, herbicides and similar products; Electrical apparatus for switching or protecting electrical circuits (switches, relays, fuses, etc.); Automatic data processing machines; Chemical products; Others.[15][21][22] |
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FDI stock |
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Gross external debt |
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Public finances | |
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Revenues |
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Expenses |
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Moody's (2022):[27] B3 Outlook: Negative | |
$4.228 billion (30 Sep 2022)[28] | |
All values, unless otherwise stated, are in US dollars. |
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