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ECON FACTBOOK

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Economy of Moldova

Population: 3.6 million in 20131

GDP: $7.9 billion in 20132

GDP per capita: $2,239 nominal3 ($4,669 PPP4) in 2013

GDP growth rate: 8.9% in 20135

Industries

GDP by Industry 20126

Industry sectorValue added ($ millions) 2012Percent of total
Other activities2,10435.2%
Wholesale, retail trade, restaurants and hotels1,03317.3%
Agriculture, hunting, forestry, fishing86014.4%
Manufacturing79713.3%
Transport, storage and communication76712.8%
Construction2323.9%
Mining and utilities1843.1%
Total value added5,977100%

Employment

Unemployment rate: 5.1% in 20137

Employment by Industry 8

Employment sectorEmployees (thousands)Percent of total
Agriculture33728.7%
Wholesale trade, retail trade and repair of motor vehicles18715.9%
Manufacturing1149.7%
Education1058.9%
Transport, storage and communications736.2%
Health and social work675.7%
Construction655.5%
Public administration and defence645.4%
Real estate, renting and business activites474.0%
Other community, social and personal service activities373.2%
Hotels and restaurants242.1%
Electricity, gas and water supply242.0%
Financial intermediation191.6%
Mining and quarrying40.3%
Activities of private households as employers40.3%
Fishing10.1%
Extraterritorial organizations0.20.01%
Total employment1,173100%

Corporations

Top 10 Corporations by Revenue 20139

N/A

Households

Household Wealth: $10 billion (127% of GDP) in 201410

Household Wealth per Adult: $3,734 in 201410

Gini Coefficient: .330 in 201311

Government

Central Government

Central Government Revenue: $2.3 billion (29% of GDP) in 201312

Central Government Expenditure: $3.1 billion (39% of GDP) in 201312

Central Government Budget Balance: -$0.8 billion (-10% of GDP) in 201312

Central Government Public Debt: $1.5 billion (19% of GDP) in Dec 2014* 13

Central Government 10 Year Bond Interest Rate: N/A

* Public debt calculated using the exchange rate 688 MDL = 1 USD

Government Funds

N/A

Tax Structure

Individual Income Tax Rates and Thresholds in 2013* 14

Corporate Tax Rate: 12% in 201415

* Individual thresholds calculated using the exchange rate 688 MDL = 1 USD

Monetary Policy

Money Supply (M0): $ 936 million (12% of GDP) in Dec 2014* 16

Benchmark Interest Rate: Base Rate = 13.50% in Feb 201517

Total Reserves: $2.8 billion (35% of GDP) in 201318

Exchange Rate: 18.72 Moldovan Leu = 1 U.S. Dollar on Feb 18, 201519

Inflation: 4.6% in 201320

* Money supply calculated using the exchange rate 688 MDL = 1 USD

Financial Institutions

Top 10 Financial Institutions by Assets 201321

N/A (data not available at Relbanks.com)

International Accounts

Exports: $2.4 billion (30% of GDP) in 201322

Imports: $5.5 billion (69% of GDP) in 201322

Trade Balance: -$3.1 billion (-39% of GDP) in 201322

Foreign Direct Investment Inflow: $249 million (3% of GDP) in 201323

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: $474 million (6% of GDP) in 201224

Foreign Aid Outflow: N/A

References

1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: International Labor Organization, ILOSTAT, Downloads (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: UN Human Development Report (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: IMF Data Dissemination Bulletin Board, Access National Summary Data (Public debt) Go back
14. Source: Ernst & Young, Worldwide Personal Tax Guide (Individual tax rates) Go back
15. Source: Tax Foundation (Corporate tax rate) Go back
16. Source: National Bank of Moldova, Statistics, Monetary statistics (Money supply) Go back
17. Source: National Bank of Moldova (Benchmark interest rate) Go back
18. Source: World Bank Indicators (Total reserves) Go back
19. Source: xe.com (Exchange rate) Go back
20. Source: World Bank Indicators (Inflation rate) Go back
21. Source: Relbanks.com (Financial institutions by assets) Go back
22. Source: CIA World Factbook (Trade data) Go back
23. Source: World Bank Indicators (FDI data) Go back
24. Source: World Bank Indicators (Aid data) Go back