Moldova GDP

Moldova country overview

Before we start to discuss Moldova GDP first we discuss Moldova country overview, so Moldova is officially called the Republic of Moldova.

It is a landlocked country located n Eastern Europe. Moldova is shared its border with Romania and Ukraine. Chisinau is the capital and the largest city of Moldova.

Its official language is Moldovan. In ethnic groups, 75% Moldovans and 25% non-moldovan live Moldova. When we talk about its religion, 92% of Christianity and 8% of other religions exist in Moldova.

Moldova’s government system is the Unitary secular parliamentary republic. Its president name is Maia Sandu. Its prime minister name is Natalia Gavrilita.

Its total land area is 33,843 km2. Its land area rank is 135th in the world. Moldova’s total population is 2,597,900 in the year 2021. Its population rank is 138th in the world. Its population density is 85/km2. Its population density rank is 125th in the world.

Moldova Economy

Moldova’s currency is called the Moldovan leu. Moldova’s economy is generally called the developed and emerging economy and an upper-middle-income economy.

The inflation rate in Moldova is 3% in the year 2018. 9.6% of Moldova’s population live below the poverty line. Its HDI rate is 0.750 in the year 2019 which is considered the high HDI rate in the world.

Its HDI rank is 90th in the world. The unemployment rate in Moldova is 4% in the year 2019. Its gross external debt is $6.5 billion in 2017. Moldova’s total foreign reserves are $3 billion in the year 2019.

Moldova GDP

Its total GDP is $12 billion (nominal) and $36 billion (PPP) in the year 2021. Its GDP rank is 136th (nominal) and 135th (PPP) in the year 2021. Its GDP growth rate is 4% in the year 2021.

Its GDP per capita is $4,600 (nominal) and $13,900 (PPP) in the year 2021. Its GDP per capita rank is 122nd (nominal) and 124th (PPP) in the year 2021.

When we talk about its GDP by sector, so agriculture by 18%, industry by 20% and services are 62% in the year 2017.

Moldova Exports

Moldova’s total exports are $2.7 billion in the year 2019. Its main export goods are food products, textile products, machinery and others. Its main export partners are Romania, Russia, Germany, Poland, Belarus and others.

Moldova Imports

Its total imports are $5.8 billion in the year 2018. Its main import goods are minerals, fuel, machinery, food products, chemicals and others. Its main import partners are Romania, Russia, Germany, China, Poland and others.