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Moldova

Due to the country’s geography and an association agreement with the EU, Moldova’s economy is increasingly less agriculturally dominated and significantly more integrated into European manufacturing value chains.

News

    • 23.02.2024

    GET presents Economic Monitors for Ukraine and Moldova at BMWK

    The German Economic Team has presented the latest Economic Monitor for Ukraine and Moldova at the 23rd information event on 15 February at the Federal Ministry of Economics and Climate Action (BMWK).

    • 13.10.2023

    Resilience and economic growth: Reform agenda for Moldova

    For the upcoming “Moldova Support Platform” ministerial conference on 17th October in Chişinău with the foreign ministers of Germany, France and Romania, Berlin Economics, via the “German Economic Team” project, identified -on request by the Moldovan government- reform options and measures having the potential to make the Moldovan economy more resilient and growth-oriented in the medium term.

Publications

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Economic Monitors

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  • Economic Monitor Moldova
    WA 19 | February 2024

    The Moldovan economy is showing signs of recovery following the recession in 2022. Economic growth of 2.0% is forecasted for 2023, driven by the agricultural sector. In 2024, growth could increase to 3.9%, due to rising private consumption.
    Despite a fall in the inflation rate to 4.2% by the end of 2023 and a lower budget deficit, challenges remain due to currency appreciation and a lack of growth stimulus.
    Trade with Ukraine has declined, while exports of services have increased. Trade relations with the EU, which focus on plums and pork, and a possible switch from USD to EUR as the reference currency could offer new economic opportunities.

Policy Publications

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Alina Kunde

Project Manager Moldova

Alina Kunde joined Berlin Economics in October 2023 and works as an analyst and project manager for the German Economic Team in Moldova.

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About the German Economic Team

The German Economic Team is financed by the Federal Ministry for Economic Affairs and Climate Action. Berlin Economics is commissioned with the project implementation.