Moldova’s GDP expanded 0.2 percent year-on-year in the fourth quarter of 2019, slowing from a 4.3 percent advance in the prior period. It was the lowest GDP growth since the economy contracted in Q4 2015. On a seasonally adjusted quarterly basis, the economy shrank 1.2 percent, after expanding 0.6 percent in the three months to September. It was the first contraction in GDP since Q1 2018. Considering full 2019, the GDP grew 3.6 percent, easing from a 4.0 percent advance in 2018.
GDP Annual Growth Rate in Moldova averaged 3.24 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. This page provides - Moldova Gdp Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Moldova GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2020.
GDP Annual Growth Rate in Moldova is expected to be -1.50 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 1.40 in 12 months time. In the long-term, the Moldova GDP Annual Growth Rate is projected to trend around 2.20 percent in 2021 and 3.00 percent in 2022, according to our econometric models.