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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.

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  • Economic Monitor Moldova

    WA 20 | September 2024

    After a severe recession in 2022, Moldova’s GDP grew by only 0.7% in 2023 and is expected to increase by a moderate 2.6% in 2024. Key issues include a lack of growth drivers, an overvalued leu affecting competitiveness, and a high budget deficit. Although inflation has stabilized, public investment challenges persist, and trade normalizes. ICT exports show positive momentum.

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