Industrial Production in Moldova decreased 25 percent in April of 2020 over the same month in the previous year.

Industrial Production in Moldova averaged 1.26 percent from 2004 until 2020, reaching an all time high of 23.50 percent in April of 2013 and a record low of -30.10 percent in April of 2009. This page provides - Moldova Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Moldova Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.

Industrial Production in Moldova is expected to be -31.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Moldova to stand at 5.50 in 12 months time. In the long-term, the Moldova Industrial Production is projected to trend around 7.20 percent in 2021 and 3.50 percent in 2022, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Moldova Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-25.00 -9.70 23.50 -30.10 2004 - 2020 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-03-23 08:00 AM Jan 7.5% -1% -1.7%
2020-04-21 07:15 AM Feb 4.7% 7.7% 5.5%
2020-05-20 07:00 AM Mar -10.5% 4.7% 1%
2020-06-19 07:05 AM Apr -25% -9.7% -19%
2020-07-20 07:00 AM May -25%
2020-08-19 07:00 AM Jun -31%
2020-09-18 07:00 AM Jul
2020-10-19 07:00 AM Aug

News Stream
Moldova Industrial Output Falls the Most in 7-1/2-Years
Moldova's industrial production plunged 10.5 percent year-on-year in March 2020, following a 4.7 percent gain in the previous month. It was the biggest decline in industrial output since September 2012, amid the coronavirus pandemic. Production shrank in manufacturing (-8.7 percent compared to 11.1 percent in February) and mining and quarrying (-20.9 percent compared to 1.5 percent). In addition, electricity, gas, steam and air conditioning supply output contracted further (-16 percent compared to -13.7 percent).
Moldova Industrial Output Rises at Slower Pace
Moldova's industrial production growth slowed to 4.7 percent year-on-year in February 2020 from a revised 7.7 percent in the previous month, as output rose at a softer pace for manufacturing (11.1 percent vs 12.2 percent in January) and mining and quarrying (1.5 percent vs 112.8? percent). Meanwhile, electricity, gas, steam and air conditioning supply contracted further (-13.7 percent vs -4.6 percent).
Moldova Industrial Production Rebounds Sharply in January
Industrial production in Moldova grew 7.5 percent year-on-year in January of 2020, after decreasing 1 percent in the previous month. This was the strongest increase in industrial activity since last October, boosted by mining & quarrying (112.8 percent vs -2.8 percent in December) and manufacturing (11.9 percent vs 3.1 percent). Also, output fell at a slower pace for electricity, gas, steam and air conditioning supply (-4.6 percent vs -17.2 percent). On a monthly basis, industrial output shrank 23.8 percent, after rising 4 percent in the previous month.
Moldova Industrial Output Drops for 2nd Month
Industrial production in Moldova decreased 1 percent year-on-year in December 2019, after an upwardly revised 4.5 percent drop in the previous month. Output fell at a softer pace for electricity, gas, steam and air conditioning supply (-17.2 percent vs -17.3 percent in November) and rebounded for manufacturing (3.1 percent vs -2.2 percent). On the other hand, output declined for mining & quarrying (-2.8 percent vs 10.5 percent). On a monthly basis, industrial production jumped 4.0 percent, recovering from a 4.0 percent slump in November.

Moldova Industrial Production
In Moldova, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.