Moldova’s gross domestic product advanced 3.4 percent year-on-year in the third quarter of 2018, slowing from a 5.2 percent growth in the previous period. It was the weakest pace of expansion since the second quarter of 2017, as household consumption (2.3 percent from 3.3 percent in Q2) slowed and government expenditure (-0.7 percent from -0.1 percent) continued to decline. On the other hand, gross fixed capital formation (20.3 percent from 9.3 percent) expanded at a faster pace. Also, net trade contributed negatively to growth, as exports fell 0.2 percent (11.3 percent in Q2) and imports rose 6.3 percent (9.3 percent in Q2). On a quarterly basis, the economy grew 1.2 percent, after an upwardly revised 1.8 percent gain in Q2. GDP Annual Growth Rate in Moldova averaged 3.21 percent from 1996 until 2018, 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 3.40 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 3.30 in 12 months time. In the long-term, the Moldova GDP Annual Growth Rate is projected to trend around 2.60 percent in 2020, according to our econometric models.

Moldova GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-15 12:00 PM GDP Growth Rate YoY 6.4% 5.4% 4.7%
2018-06-15 11:00 AM GDP Growth Rate YoY 3.7% 6.4% 5.9%
2018-09-17 10:35 AM GDP Growth Rate YoY 5.2% 3.7% 5.1%
2018-12-17 11:30 AM GDP Growth Rate YoY 3.4% 5.2% 4.4%
2019-03-15 12:00 PM GDP Growth Rate YoY 3.4% 3.3%
2019-06-17 11:00 AM GDP Growth Rate YoY 3.1%
2019-09-16 11:00 AM GDP Growth Rate YoY 3.7%


Moldova GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.20 1.80 5.30 -7.84 percent [+]
GDP Annual Growth Rate 3.40 5.20 12.90 -7.40 percent [+]
GDP 8.13 6.80 8.13 1.17 USD Billion [+]
Gross Fixed Capital Formation 15636667.00 11406473.00 15636667.00 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 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.40 5.20 12.90 -7.40 1996 - 2018 percent Quarterly
NSA




Country Last Previous
India 7.10 Sep/18
China 6.40 Dec/18
Indonesia 5.18 Dec/18
South Korea 3.10 Dec/18
United States 3.00 Sep/18
Australia 2.80 Sep/18
Saudi Arabia 2.50 Sep/18
Spain 2.40 Dec/18
Switzerland 2.40 Sep/18
Canada 2.10 Sep/18
Netherlands 2.00 Dec/18
Singapore 1.90 Dec/18
Mexico 1.80 Dec/18
Turkey 1.60 Sep/18
Russia 1.50 Sep/18
Brazil 1.30 Sep/18
United Kingdom 1.30 Dec/18
Euro Area 1.20 Dec/18
South Africa 1.10 Sep/18
France 0.90 Dec/18
Germany 0.60 Dec/18
Italy 0.10 Dec/18
Japan 0.00 Dec/18
Argentina -3.50 Sep/18


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