Monday, September 10, 2012

Economy of Moldova


Economy of Moldova
Currency Moldovan leu (MDL)

Fiscal year Calendar year

Trade organisations WTO, GUUAM, CEFTA

Statistics

GDP $7.003 billion (2011 est.)[1]

GDP growth 6.4% (2011)[2]

GDP per capita $1,968 (2011 est.)[1]

GDP by sector agriculture: 21.8%; industry: 17.6%; services: 60.6% (2009 est.)

Inflation (CPI) 7.6% (2011 est.)[3]

Population

below poverty line 21.9% (2010)[4]

Gini coefficient 33.2 (2003)

Labour force 1.216 million (2011 est.)[5]

Labour force

by occupation agriculture: 40.6%; industry: 16%; services: 43.3% (2005)

Unemployment 6.2% (2011 est.)[5]

Average gross salary 3350 MDL / 285$, monthly (2011)[6]

Main industries sugar, vegetable oil, food processing, agricultural machinery; foundry equipment, refrigerators and freezers, washing machines; hosiery, shoes, textiles

Ease of Doing Business Rank 81st[7]

External

Exports $2.221 billion (2011 est.) [8]

Export goods foodstuffs, textiles, machinery

Main export partners Russia 23.77%, Italy 14.11%, Romania 12.74%, Germany 6.92%, Turkey 6.08%, Belarus 5.38% (2009)

Imports $5.191 billion (2011 est.)[8]

Import goods mineral products and fuel, machinery and equipment, chemicals, textiles

Main import partners Ukraine 20.2%, Russia 19.7%, Romania 14.3%, Germany 7.9%, Italy 5%, Belarus 4.2% (2008)

FDI stock $1.813 billion (2008)

Gross external debt $4.017 billion (31 December 2011 est.)

Public finances

Public debt 31.3% of GDP (2009 est.)

Revenues $2.676 billion (2011 est.)[9]

Expenses $2.819 billion (2011 est.)[9]

Foreign reserves US$1.995 billion (January