Moldova GDP Annual Growth Rate

Last Release

Dec 31, 2023

Actual

0.2

Units In

-2.4

Frequency

Quarterly

Next Release

Sep 15, 2025

Time to Release

2 Months 28 Days 10 Hours

Highest	Lowest	Average	Date Range	Source
21.5 Jun 2021	-14 Jun 2020	2.86 %	1996-2023	National Bureau of Statistics of the Republic of Moldova

Household consumption is the main component of GDP in Moldova and accounts for 94 percent of its total use, followed by gross fixed capital formation (23 percent) and government expenditure (18 percent). Exports of goods and services account for 43 percent while imports account for 81 percent, subtracting 37 percent of total GDP.

Latest Updates

Moldova’s economy contracted by 1.2% year-on-year in Q1 2025, marking the third consecutive quarterly decline following a 1.3% drop in Q4 2024. Output fell in several key sectors, including manufacturing (-0.7%), professional, scientific and technical activities (-0.6%), agriculture, forestry and fishing (-0.2%), and other services (-0.2%). In contrast, gains were recorded in construction (+0.4%) and information and communications (+0.2%). On the demand side, net trade was the largest drag on growth, shrinking by 13.8% due to falling exports and rising imports. Meanwhile, household consumption (+5.2%) and gross fixed capital formation (+3.2%) offered strong support. Quarter-on-quarter, Moldova's economy grew by 1.1%, accelerating from a 0.3% expansion in Q4 2024.