Foreign direct investment – economic importance
Numerous speeches and analyses are dedicated to foreign direct investment (FDI) in Moldova. However, due to a lack of data, so far no systematic analysis has been conducted on the economic importance of FDI for the Moldovan economy. In cooperation with the National Bureau of Statistics, GET Moldova has now created the necessary database for such an analysis.
The database shows that companies with foreign capital account for 15% of employment and 23% of value added in Moldova. They are on average 71% more productive than domestic enterprises. This enables them to pay higher wages, thus directly benefiting the population. Companies with foreign capital account for 34% of corporate income tax revenues and 21% of social security contributions. Thus, they are of significant fiscal importance. These are important insights suggesting to intensify the efforts for FDI attraction and to improve the
conditions for FDI companies already operating in Moldova.
