06 Apr, 2020
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Republic of Moldova

Location Moldova Europe

We offer a data-driven country report for Republic of Moldova that explores inter alia population, international trading relationships, energy consumption, GDP growth, current account balances, and R&D investment. Additionally, CFI quotes from the Big Mac Index (courtesy of The Economist) which gives a rough idea of purchasing power parity. Other authoritative sources include The United Nations Conference on Trade and Development, The World Bank, and The International Money Fund. Visit us regularly for updates and new sources of key economic information on Republic of Moldova.[/vc_column_text][vc_column_text]

Its population in 2018 was 4,041,065 [1]

In 2015, 14.27% of its total energy
consumption was renewable [2]

In 2021, its GDP grew by 13.94% [2]

In 2021 it had a negative Current
Account Balance of US$bn 1.44 [3]

Its unemployment rate in 2021 was 3.46% [3]

Its Expenditure on R&D (as a percentage of
GDP) in 2020 was 0.23% [2]

A Big Mac will set you back the
local equivalent of US$2.32 [4]

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What free trade areas or economic unions is it a member of?

Member of the Organization of the Black Sea Economic Cooperation (BSEC) since 05/06/1998

Other members:

Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Romania, Russian Federation, Serbia, Türkiye, Ukraine


What trade deals are there between Organization of the Black Sea Economic Cooperation and other countries and economic unions?

None

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What trade deals are there with other countries and economic unions?

Central European Free Trade Agreement (from 01/05/2007)

CIS Free Trade Zone Agreement (CISFTA) (from 19/03/2016)

EU - Moldova Association Agreement (from 01/07/2016)

Türkiye - Moldova free trade agreement (from 01/11/2016)

UK - Moldova Strategic Partnership, Trade and Cooperation Agreement (from 01/01/2021)

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Trade with the United Kingdom

Source: UK Office for National Statistics, October 2022.

Contains public sector information licensed under the Open Government Licence v3.0.

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