Government Spending in Moldova increased to 54522.40 MDL Million in 2017 from 48462.60 MDL Million in 2016.

Government Spending in Moldova averaged 33621.04 MDL Million from 2005 until 2017, reaching an all time high of 54522.40 MDL Million in 2017 and a record low of 13949.30 MDL Million in 2005. This page provides the latest reported value for - Moldova Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Moldova Government Spending - values, historical data and charts - was last updated on October of 2020.

Government Spending in Moldova is expected to reach 52560.00 MDL Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Moldova Government Spending is projected to trend around 54136.00 MDL Million in 2021 and 55760.00 MDL Million in 2022, according to our econometric models.

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Moldova Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
54522.40 48462.60 54522.40 13949.30 2005 - 2017 MDL Million Yearly
Current Prices, NSA

Moldova Government Last Previous Highest Lowest Unit
Government Debt to GDP 27.40 28.90 159.42 19.27 percent [+]
Government Budget -1.00 -0.80 1.60 -6.30 percent of GDP [+]
Government Revenues 53377.60 45946.90 53377.60 14527.70 MDL Million [+]
Military Expenditure 29.80 30.60 34.30 13.20 USD Million [+]
Credit Rating 25.00 [+]
Government Spending 54522.40 48462.60 54522.40 13949.30 MDL Million [+]
Government Budget Value -1144.80 -2508.70 578.40 -3836.60 MDL Million [+]

Moldova Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.