Moldova
Description of Moldova
Moldova, a small landlocked country in Eastern Europe, has a rich history influenced by various empires and civilizations. Known for its fertile agricultural lands and wine production, Moldova faces economic challenges as it strives for stability and growth. This website delves into the macroeconomic statistics of Moldova, providing insights into how factors such as GDP growth, inflation rates, and trade dynamics shape the country's development trajectory and its relations with the global economy.
Population And Age Structure
Population, total: Moldova's population of 2,635,130 is significantly below the average population of 40,097,746. Moldova ranks 139th out of 194 countries in terms of population.
Population ages 0-14 (% of total population): Moldova's percentage of population ages 0-14 at 19.65% is below the average of 27.34%. Moldova ranks 132nd out of 194 countries in this category.
Population ages 0-14, total: Moldova's total population aged 0-14 at 517,785 is well below the average of 10,327,379. Moldova ranks 141st out of 194 countries.
Population ages 15-64 (% of total population): Moldova's percentage of population ages 15-64 is 67%, above the average of 63.44%. Moldova ranks 54th out of 194 countries in this age group.
Population ages 15-64, total: Moldova's total population aged 15-64 is 1,765,415, below the average of 26,003,407. Moldova ranks 139th out of 194 countries.
Population ages 65 and above (% of total population): Moldova's percentage of population ages 65 and above is 13.36%, above the average of 9.22%. Moldova ranks 56th out of 194 countries in this demographic.
Population ages 65 and above, total: Moldova's total population aged 65 and above is 351,930, below the average of 3,766,959. Moldova ranks 115th out of 194 countries.
Summary
Moldova has a relatively small total population compared to the global average, ranking 139th in the world. The country also has a lower percentage of children aged 0-14 and a higher percentage of elderly individuals aged 65 and above compared to the global average. This demographic profile is important as it indicates potential challenges in terms of workforce sustainability, healthcare needs, and social welfare provisions, which may require targeted policies and investments to address effectively.
Population Miscellaneous
The rural population in Moldova is below the attribute average of 18,044,041, ranking 115 out of 190 countries in the dataset.
Moldova's rural population (% of total population) is above the average of 41.16%, ranking 53 out of 190 countries.
Regarding urban population, Moldova's value of 1,129,127 is significantly below the attribute average of 22,425,747, ranking 147 out of 194 countries.
Moldova's urban population (% of total population) is also below the average of 59.69%, ranking 142 out of 194 countries.
The age dependency ratio in Moldova is below the average of 59.22%, with a value of 49.26 and a rank of 141 out of 194 countries.
Moldova's crude birth rate of 12.48 per 1,000 people is below the average of 19.38, ranking 125 out of 192 countries.
The crude death rate in Moldova is higher than the average of 8.21 per 1,000 people, with a value of 14.45 and a rank of 10 out of 192 countries.
Moldova's total fertility rate of 1.77 births per woman is below the average of 2.60, ranking 121 out of 190 countries.
Summary
Moldova's population distribution indicates a higher percentage of rural population compared to urban population, with values below global averages. Additionally, the country has lower than average age dependency ratio, crude birth rate, and total fertility rate, but a significantly higher crude death rate. These indicators suggest a demographic challenge for Moldova, with potentially significant implications for its social welfare system, healthcare infrastructure, and future economic development.
Military
Moldova's military expenditure in current USD is significantly below the average of $12,904,993,617. Moldova ranks 136th out of 149 countries in this attribute.
The country's military expenditure as a percentage of GDP is also notably below average at 0.37%, in comparison to the average of 1.90%. Moldova ranks 143rd out of 148 countries in this aspect.
Moldova's total armed forces personnel of 6,000 is much lower than the average of 165,908 individuals. This places Moldova at a ranking of 145th out of 164 countries.
In terms of armed forces personnel as a percentage of the total labor force, Moldova's 0.41% is below the average of 1.28%. The country ranks 127th out of 164 nations in this category.
Summary
Moldova demonstrates a significant contrast in military expenditure and personnel figures compared to global averages and rankings. With consistently lower figures in military expenditure, armed forces personnel, and their percentage in the total labor force, Moldova showcases a unique approach to national defense priorities that diverges from global norms. These indicators highlight Moldova's distinct strategic choices in allocating resources and shaping its defense capabilities amidst broader international trends in military spending and personnel deployment.
Natural Resources
When looking at Forest area (sq. km), Moldova has a value of 3865, which is significantly below the average of 211606.11 sq. km. Moldova ranks 141st out of 191 countries in this dataset.
For Land area (sq. km), Moldova's value of 32884.6 is notably lower than the average of 665166.51 sq. km. Moldova holds the 134th rank out of 194 countries.
Moldova's Surface area (sq. km) of 33850 is below the average of 689779.56 sq. km. It ranks 135th out of 194 countries in this metric.
When considering Arable land (hectares), Moldova possesses 1699800 hectares, which is less than the average of 7329543.16 hectares. Moldova ranks 88th out of 190 countries in this aspect.
Regarding Land under cereal production (hectares), Moldova's value of 780710 hectares is lower than the average of 4206011.63 hectares. Moldova holds the 84th rank out of 174 countries.
Moldova's Average precipitation in depth (mm per year) is 450, below the average of 1157.83 mm per year. It ranks 144th out of 178 countries.
Lastly, in terms of Renewable internal freshwater resources, total (billion cubic meters), Moldova has 1.62 billion cubic meters, significantly less than the average of 240.41 billion cubic meters. Moldova ranks 150th out of 178 countries in this regard.
Summary
Moldova exhibits below-average values in key macroeconomic indicators such as Forest area, Land area, Arable land, Land under cereal production, Average precipitation, and Renewable internal freshwater resources. These statistics indicate Moldova's limited natural resources compared to the global average, which could impact its agricultural productivity, environmental sustainability, and overall economic development.
Resource Rents
1. Moldova's total natural resources rents account for 0.25% of its GDP, significantly below the average of 4.63%. This places Moldova at rank 137 out of 175 countries included in the data.
2. Forest rents in Moldova contribute 0.24% of its GDP, which is lower than the average of 1.53%. Moldova ranks 90 out of 174 countries in this aspect.
3. Oil rents make up 0.006% of Moldova's GDP, well below the average of 2.51%. Moldova is placed at rank 101 out of 117 countries in this category.
4. The contribution of natural gas rents to Moldova's GDP is minuscule at 0.000002%, significantly lower than the average of 1.25%. Moldova ranks 96 out of 96 countries in this metric.
Summary
Moldova's total natural resources rents, forest rents, oil rents, and natural gas rents as a percentage of its GDP are all significantly below the respective global averages. This indicates that Moldova may not be fully utilizing its natural resources for economic growth compared to other countries analyzed.
These findings are important as they suggest potential missed opportunities for Moldova to capitalize on its natural resources to drive economic development and diversification. Increasing the efficient and sustainable utilization of these resources could enhance economic growth, create employment opportunities, and reduce dependency on other sectors.
Commodities
1. Cereal production (metric tons): Moldova's cereal production is 1,478,349 metric tons, which is significantly below the average production of 17,249,945. Moldova ranks 98th out of 174 countries in this category.
2. Aquaculture production (metric tons): Moldova's aquaculture production is 12,600 metric tons, much lower than the average of 679,642. Moldova ranks 73rd out of 180 countries in this aspect.
3. Capture fisheries production (metric tons): Moldova's capture fisheries production is 50 metric tons, far below the average production of 467,453. Moldova ranks 185th out of 190 countries in this domain.
4. Total fisheries production (metric tons): Moldova's total fisheries production is 12,650 metric tons, significantly lower than the average of 1,153,914. Moldova ranks 141st out of 182 countries in this category.
5. Fertilizer consumption (kilograms per hectare of arable land): Moldova's fertilizer consumption is 48.75 kilograms per hectare, which is below the average of 159.04. Moldova ranks 122nd out of 187 countries in this metric.
Summary
Moldova demonstrates below-average performance in key macroeconomic indicators such as cereal production, aquaculture production, capture fisheries production, total fisheries production, and fertilizer consumption. These statistics suggest that Moldova may face challenges in achieving food security, maximizing its agricultural output, and efficiently utilizing its arable land resources. Addressing these deficiencies is crucial for Moldova's economic development, sustainability, and resilience in the face of global market fluctuations and environmental pressures.
Intellectual Property
Industrial design applications, nonresident, by count: Moldova has 593 applications, below the average of 1415.83. It ranks 38 out of 112 countries.
Industrial design applications, resident, by count: Moldova has 272 applications, well below the average of 9799.58. It ranks 52 out of 113 countries.
Patent applications, nonresidents: Moldova has 11 applications, significantly below the average of 6538.40. It ranks 97 out of 129 countries.
Patent applications, residents: Moldova has 85 applications, far below the average of 19037.56. It ranks 69 out of 117 countries.
Trademark applications, nonresident, by count: Moldova has 8151 applications, below the average of 15878.93. It ranks 47 out of 130 countries.
Trademark applications, resident, by count: Moldova has 3910 applications, well below the average of 111055.78. It ranks 69 out of 129 countries.
Scientific and technical journal articles: Moldova has 271.6 articles, significantly below the average of 15103.76. It ranks 108 out of 192 countries.
Charges for the use of intellectual property, payments (BoP, current US$): Moldova has $26,640,000 in payments, far below the average of $3,218,843,494.39. It ranks 89 out of 143 countries.
Charges for the use of intellectual property, receipts (BoP, current US$): Moldova has $1,800,000 in receipts, significantly below the average of $3,191,687,117.58. It ranks 83 out of 122 countries.
Researchers in R&D (per million people): Moldova has 774.68 researchers, well below the average of 2556.45. It ranks 49 out of 72 countries.
Summary
Moldova's low numbers in industrial design applications, patent applications, trademark applications, scientific and technical journal articles, charges for the use of intellectual property, and researchers in R&D indicate a significant underinvestment in innovation and intellectual property compared to global averages. This lack of investment in research and development may hinder Moldova's ability to compete globally, innovate, and attract foreign investment in knowledge-based industries.
Broad Economy Attributes
- Moldova's GDP (current US$) is $11.53 billion, significantly below the average GDP of $442.87 billion. Moldova ranks 134th out of 189 countries in this attribute data. - Moldova's GDP, PPP (current international $) is $32.97 billion, far below the average GDP of $734.14 billion. Moldova ranks 126th out of 181 countries in this attribute data. - Moldova's GDP per capita (current US$) is $4,376, much lower than the average of $15,462. Moldova ranks 109th out of 190 countries in this attribute data. - Moldova's GDP per capita, PPP (current international $) is $12,513, below the average of $21,251. Moldova ranks 96th out of 181 countries in this attribute data. - Moldova's GNI (current US$) is $11.92 billion, significantly lower than the average GNI of $452.04 billion. Moldova ranks 131st out of 185 countries in this attribute data. - Moldova's GNI, PPP (current international $) is $34.08 billion, well below the average GNI of $730.70 billion. Moldova ranks 123rd out of 181 countries in this attribute data. - Moldova's GNI per capita, PPP (current international $) is $12,940, lower than the average of $20,616. Moldova ranks 94th out of 181 countries in this attribute data.
Summary
Moldova's key macroeconomic indicators, such as GDP, GDP per capita, and GNI, are significantly below the global averages, with the country ranking quite low compared to other nations. These statistics are crucial as they reflect Moldova's economic position in the world, highlighting areas where the country may need to focus on improving its economic development and overall standard of living for its citizens.
Broad Value Added
- Moldova's Gross value added at basic prices (GVA) is $9,986,215,588.91, below the average of $360,070,943,595.12, ranking 132 out of 176 countries.
- The country's Agriculture, forestry, and fishing value added (% of GDP) is at 9.37%, lower than the average of 10.86%, positioning Moldova at rank 77 out of 182 countries.
- Moldova's Agriculture, forestry, and fishing value added in current US$ is $1,080,163,914.55, significantly below the average of $19,924,732,828.07, placing the country at rank 127 out of 182 nations.
- Services value added (% of GDP) in Moldova stands at 54.09%, under the average of 56.72%, ranking the country at 104 out of 183 nations.
- In terms of Services value added in current US$, Moldova yields $6,238,186,027.71, far below the average of $295,837,711,130.69, placing Moldova at rank 129 out of 183 countries.
- Moldova's Industry (including construction) value added in current US$ is $2,667,865,762.12, significantly lower than the average of $118,421,095,413.50, resulting in a rank of 132 out of 183 countries.
Summary
Moldova's macroeconomic indicators reveal a lower-than-average performance in key sectors such as agriculture, services, and industry. With lower Gross Value Added, Agriculture, forestry, and fishing value added, Services value added, and Industry value added in current US$ compared to global averages, Moldova's economic competitiveness may be hindered. These statistics highlight the need for strategic interventions to boost sectoral growth, improve productivity, and enhance overall economic performance to align with global standards and improve the country's position in the global market.
Manufacturing Value Added
Moldova's Manufacturing, value added in current US dollars is significantly below the attribute average,
ranking at 125 out of 173 countries.
The country's Manufacturing, value added as a percentage of GDP is also below average, ranking at 102 out
of 173 countries.
Moldova exceeds the average in Food, beverages and tobacco as a percentage of value added in
manufacturing, ranking 21 out of 92 countries.
Moldova's Other manufacturing as a percentage of value added in manufacturing is notably below average,
ranking 83 out of 94 countries.
Summary
Moldova's manufacturing sector lags behind in both absolute value added and as a percentage of GDP compared to other countries. However, the country performs well in the subcategory of Food, beverages, and tobacco manufacturing, surpassing the average. On the other hand, Moldova's performance in Other manufacturing is subpar. These indicators are crucial as they reflect the diversification, competitiveness, and potential growth areas within Moldova's economy, highlighting areas for improvement and development strategies.
Money
When looking at Inflation, consumer prices (annual %), Moldova has a rate of 3.77%, which is below the average of 8.26%. Moldova is ranked 46 out of 165 countries in this indicator.
For Inflation, GDP deflator (annual %), Moldova's rate is 5.58%, slightly below the average of 6.90%. Moldova holds the 38th rank out of 188 countries in this metric.
In terms of Broad money growth (annual %), Moldova shows a growth rate of 19.66%, higher than the average of 18.03%. Moldova is ranked 28 out of 139 countries for this indicator.
Looking at Broad money (% of GDP), Moldova's percentage is 53.89%, lower than the average of 71.75%. Moldova holds the 87th rank out of 139 countries in this aspect.
As for Broad money to total reserves ratio, Moldova has a ratio of 1.64, significantly below the average of 5.17. Moldova is ranked 104 out of 126 countries in this ratio.
Summary
Moldova performs relatively well in terms of inflation rates compared to the global average, ranking 46th out of 165 countries for consumer price inflation and 38th out of 188 for GDP deflator inflation. However, Moldova's metrics for broad money indicators such as growth rate, percentage of GDP, and ratio to total reserves, lag behind the global averages and rankings. These findings are crucial as they indicate Moldova's economic stability, fiscal policy effectiveness, and monetary health in comparison to other nations, helping investors and policymakers assess the country's economic prospects and risks.
Consumption Expenditure
1. Final consumption expenditure (current US$): Moldova's final consumption expenditure is $11,482,680,796.77, significantly below the average of $381,630,252,515.38. Moldova ranks 116 out of 159 countries in this attribute.
2. Final consumption expenditure (% of GDP): Moldova's final consumption expenditure as a percentage of GDP is 99.57%, which is above the average of 82.37%. Moldova ranks 20 out of 159 countries in this attribute.
3. General government final consumption expenditure (current US$): Moldova's government final consumption expenditure is $1,982,830,132.79, well below the average of $93,676,578,238.03. Moldova ranks 118 out of 158 countries in this attribute.
4. General government final consumption expenditure (% of GDP): Moldova's government final consumption expenditure as a percentage of GDP is 17.19%, slightly below the average of 18.71%. Moldova ranks 83 out of 158 countries in this attribute.
5. Household and NPISHs Final consumption expenditure (current US$): Moldova's household and NPISHs final consumption expenditure is $9,499,850,663.97, significantly lower than the average of $290,127,571,157.69. Moldova ranks 116 out of 158 countries in this attribute.
6. Household and NPISHs final consumption expenditure (% of GDP): Moldova's household and NPISHs final consumption expenditure as a percentage of GDP is 82.38%, above the average of 63.68%. Moldova ranks 18 out of 158 countries in this attribute.
Summary
Moldova exhibits a pattern where its final consumption expenditure, both in total and by the government, is significantly below the global average, leading to lower rankings among countries. However, when considering final consumption expenditure as a percentage of GDP, Moldova surpasses the average, especially in household and NPISHs expenditure. These indicators are crucial as they reflect the country's economic activity, efficiency in resource allocation, and potential for future growth.
Investment
Foreign direct investment, net (BoP, current US$): Moldova received a net FDI of -151.93 million USD, which is below the average of -1615.24 million USD. Moldova ranks 67 out of 169 countries in this attribute.
Foreign direct investment, net inflows (BoP, current US$): Moldova had net inflows of 155.72 million USD, significantly below the average of 5749.27 million USD. Moldova ranks 120 out of 182 countries in this attribute.
Foreign direct investment, net inflows (% of GDP): Moldova's FDI inflows accounted for 1.35% of its GDP, lower than the average of 2.61%. Moldova ranks 103 out of 178 countries in this metric.
Foreign direct investment, net outflows (BoP, current US$): Moldova had net outflows of 3.79 million USD, much lower than the average of 5707.99 million USD. Moldova ranks 104 out of 156 countries in this attribute.
Foreign direct investment, net outflows (% of GDP): Moldova's FDI outflows represented 0.03% of its GDP, compared to the average of 1.00%. Moldova ranks 106 out of 155 countries in this metric.
Portfolio Investment, net (BoP, current US$): Moldova had a net portfolio investment of 0.86 million USD, significantly lower than the average of 679.56 million USD. Moldova ranks 79 out of 159 countries in this category.
Portfolio equity, net inflows (BoP, current US$): Moldova received net equity inflows of 0.35 million USD, well below the average of 9197.14 million USD. Moldova ranks 60 out of 125 countries in this attribute.
Summary
Moldova's foreign direct investment (FDI) metrics, both in inflows and outflows, are below global averages, indicating a lower level of international investment activity compared to other countries. This could potentially limit Moldova's economic growth and development opportunities as FDI plays a crucial role in stimulating economic activities, creating jobs, and transferring technology and know-how. Additionally, Moldova's performance in portfolio investment and equity inflows is also below average, suggesting a less attractive environment for financial investments in the country, which could impact its financial market development and capital inflows.
Debt
1. Total debt service (% of GNI): Moldova's total debt service as a percentage of its Gross National Income is slightly below the average of 5.98%. Moldova ranks 44th out of 120 countries for this statistic.
2. Public and publicly guaranteed debt service (% of GNI): Moldova's public and publicly guaranteed debt service as a percentage of GNI is significantly below the average of 2.84%. Moldova ranks 88th out of 120 countries for this metric.
3. External debt stocks (% of GNI): Moldova's external debt stocks as a percentage of GNI are slightly above the average of 65.42%. Moldova ranks 44th out of 120 countries in this category.
4. Debt service on external debt, total (TDS, current US$): Moldova's total debt service on external debt in current US dollars is significantly lower than the average of $9,811,195,839.23. Moldova ranks 71st out of 123 countries for this indicator.
5. Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$): Moldova's debt service on public and publicly guaranteed external debt in current US dollars is well below the average of $3,310,612,057.60. Moldova ranks 84th out of 123 countries in this regard.
6. External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$): Moldova's external debt stocks that are public and publicly guaranteed in current US dollars are considerably lower than the average of $28,695,879,144.98. Moldova ranks 97th out of 123 countries for this attribute.
7. External debt stocks, private nonguaranteed (PNG) (DOD, current US$): Moldova's external debt stocks that are private and nonguaranteed in current US dollars are significantly below the average of $33,734,699,285.22. Moldova ranks 60th out of 91 countries included.
8. External debt stocks, total (DOD, current US$): Moldova's total external debt stocks in current US dollars are substantially lower than the average of $73,845,530,111.82. Moldova ranks 74th out of 123 countries for this metric.
Summary
Moldova's debt-related indicators reflect a relatively favorable position compared to global averages across various metrics such as total debt service, external debt stocks, and debt service on external debt. These statistics are important as they demonstrate Moldova's prudent debt management practices, lower financial burden in servicing debts, and potentially lower vulnerability to external shocks arising from debt repayments.
Broad Trade Attributes
Trade (% of GDP): Moldova's trade accounts for 79.27% of its GDP, slightly below the average of 82.34%. With a rank of 62 out of 163 countries, Moldova is positioned favorably in terms of trade volume relative to its GDP.
Merchandise trade (% of GDP): Moldova's merchandise trade represents 68.36% of its GDP, higher than the average of 60.01%. Ranking 48th out of 186 countries in this aspect, Moldova performs well in merchandise trade compared to a larger group of nations.
Trade in services (% of GDP): Moldova's trade in services is 18.71% of its GDP, below the average of 24.63%. With a rank of 69 out of 171 countries, Moldova has room to enhance its trade in services to align with the global average.
External balance on goods and services (current US$): Moldova's external balance on goods and services stands at -$2.70 billion, significantly below the average value of $3.41 billion. Ranked 123rd out of 163 countries, Moldova faces challenges in balancing its goods and services trade compared to a considerable number of nations.
External balance on goods and services (% of GDP): Moldova's external balance on goods and services is at -23.44% of its GDP, a sizable deviation from the average of -5.97%. With a rank of 147 out of 163 countries, Moldova exhibits a significant imbalance in its goods and services trade relative to its GDP.
Summary
Moldova shows a strong reliance on trade, with trade accounting for a significant portion of its GDP compared to the global averages. While the country performs well in merchandise trade, there is room for improvement in trade in services. Moldova faces challenges in balancing its goods and services trade, exhibiting a significant imbalance compared to the average. These indicators are crucial as they highlight Moldova's position in the global market and its need to diversify and strengthen its trade, especially in services, to achieve a more balanced and sustainable external trade position.
Net Trade
1. Current account balance (BoP, current US$): Moldova has a current account balance of -886,720,000 US$, which is significantly below the average of 1,443,864,831. Moldova ranks 111 out of 170 countries in this attribute.
2. Current account balance (% of GDP): Moldova's current account balance as a percentage of GDP is -7.69%, well below the average of -2.36%. Moldova ranks 133 out of 170 countries in this attribute.
3. Net trade in goods and services (BoP, current US$): Moldova's net trade balance is -2,696,150,000 US$, considerably lower than the average of 2,604,730,003. Moldova ranks 126 out of 171 countries in this attribute.
4. Net primary income (BoP, current US$): Moldova has a net primary income of 390,190,000 US$, surpassing the average of -903,807,529. Moldova ranks 26 out of 170 countries in this attribute.
5. Net secondary income (BoP, current US$): Moldova's net secondary income is 1,419,240,000 US$, significantly higher than the average of -269,227,340. Moldova ranks 51 out of 170 countries in this attribute.
6. Net trade in goods (BoP, current US$): Moldova's net trade in goods is -3,094,260,000 US$, much lower than the average of 1,302,831,005. Moldova ranks 130 out of 171 countries in this attribute.
7. Net capital account (BoP, current US$): Moldova's net capital account is -65,670,000 US$, below the average of 136,543,824. Moldova ranks 138 out of 159 countries in this attribute.
8. Net financial account (BoP, current US$): Moldova's net financial account is -1,054,250,000 US$, lower than the average of -469,840,994. Moldova ranks 117 out of 170 countries in this attribute.
Summary
Moldova's key macroeconomic indicators reveal a challenging economic landscape, with a current account balance, net trade balance, and net capital account all showing deficits below global averages. However, the country performs relatively well in net primary and secondary income, indicating strength in these areas. These indicators are crucial as they reflect Moldova's international trade competitiveness, financial stability, and ability to attract foreign investment, highlighting areas for potential improvement and growth strategies.
Broad Export Attributes
1. Exports of goods, services and primary income (BoP, current US$): Moldova's value of $4,078,480,000 is significantly below the average of $146,238,908,936.30. Moldova ranks 121 out of 170 countries in this attribute data.
2. Exports of goods and services (BoP, current US$): Moldova's value of $3,222,270,000 is also notably lower than the average of $122,938,540,059.78. Moldova ranks 123 out of 170 countries for this attribute.
3. Exports of goods and services (current US$): Moldova's value of $3,219,072,292.15 falls below the average of $129,596,864,610.19. Moldova holds the rank of 119 out of 163 countries in this dataset.
4. Exports of goods and services (% of GDP): Moldova's value of 27.91% is below the average of 38.19%. Moldova is ranked 92 out of 163 countries in this attribute.
5. Goods exports (BoP, current US$): Moldova's value of $1,944,420,000 is significantly lower than the average of $93,310,581,697.39. Moldova ranks 127 out of 171 countries for this attribute.
6. International tourism, receipts (% of total exports): Moldova's value of 10.99% exceeds the average of 9.74%. Moldova holds the 28th rank out of 120 countries in this dataset.
7. ICT goods exports (% of total goods exports): Moldova's value of 0.21% is notably below the average of 3.81%. The country ranks 95 out of 142 countries for this attribute.
Summary
Moldova's exports across various categories, including goods, services, and primary income, fall below global averages, positioning the country at rankings below the average among a variety of global datasets. Particularly noteworthy is the low percentage of exports to GDP, indicating a potential area for growth and development in Moldova's economy. The higher percentage of international tourism receipts compared to the average suggests a competitive advantage in the tourism sector that could be further leveraged for economic benefit.
Merchandise Exports
Moldova's merchandise exports total $2,467 million, ranking 132 out of 187 countries. This value is significantly below the average of $89,542 million.
Agricultural raw materials exports account for 0.42% of Moldova's merchandise exports, ranking 117 out of 151 countries. This value is lower than the average of 2.97%.
Food exports contribute to 52.98% of Moldova's merchandise exports, ranking 18 out of 152 countries. This value is notably higher than the average of 24.06%.
Moldova's fuel exports represent only 0.07% of its merchandise exports, ranking 129 out of 147 countries. This figure is significantly below the average of 13.70%.
Ores and metals exports constitute 1.75% of Moldova's merchandise exports, ranking 105 out of 152 countries. This value is below the average of 9.10%.
Moldova's residual merchandise exports are at 0.89%, ranking 60 out of 166 countries. This figure is below the average of 3.20%.
Summary
Moldova heavily relies on food exports, which make up over half of its merchandise exports. However, the country significantly lacks diversity in its export portfolio, with very low contributions from fuel, ores, metals, and agricultural raw materials. This lack of diversification leaves Moldova vulnerable to fluctuations in food prices and demand, and hinders its ability to mitigate risks associated with changes in global markets for specific products.
Technology Exports
Manufactures exports (% of merchandise exports): Moldova's value is 44.74%, slightly above the average of 42.62%. It ranks 71 out of 152 countries.
High-technology exports (current US$): Moldova's value is $18,904,904, significantly below the average of $16,655,934,078.80. It ranks 102 out of 151 countries.
High-technology exports (% of manufactured exports): Moldova's value is 2.24%, well below the average of 10.15%. It ranks 116 out of 150 countries.
Medium and high-tech exports (% manufactured exports): Moldova's value is 40.68%, above the average of 34.29%. It ranks 58 out of 149 countries.
Summary
Moldova's key macroeconomic indicators for exports paint a mixed picture. While the country performs well in terms of medium and high-tech exports as a percentage of manufactured exports, ranking 58 out of 149 countries, it lags behind in high-technology exports, both in absolute value and as a percentage of manufactured exports. These indicators are crucial as they reflect Moldova's level of technological advancement, innovation, and competitiveness in global markets, indicating areas where the country may need to focus on improving to enhance its economic growth and sustainability.
Service Exports
Service exports (BoP, current US$): Moldova's service exports amount to $1,277,850,000, significantly below the average of $28,917,292,503.82. Moldova ranks 102 out of 171 countries in this attribute.
ICT service exports (BoP, current US$): Moldova's ICT service exports total $302,950,000, well below the average of $4,578,501,153.77. Moldova holds the 72nd position out of 166 countries in this aspect.
ICT service exports (% of service exports, BoP): Moldova's ICT service exports account for 23.71% of its total service exports, surpassing the average of 11.75%. Moldova is ranked 21 out of 166 countries in this category.
Communications, computer, etc. (% of service exports, BoP): Moldova's percentage of service exports in communications, computer, etc. stands at 55.64%, higher than the average of 45.85%. Moldova ranks 59 out of 169 countries in this regard.
Transport services (% of service exports, BoP): Moldova's transport services contribute 19.31% to its service exports, slightly below the average of 21.80%. Moldova holds the 80th position out of 169 countries in this metric.
Travel services (% of service exports, BoP): Moldova's travel services represent 24.72% of its service exports, lower than the average of 26.40%. Moldova ranks 69 out of 167 countries in this attribute.
Insurance and financial services (% of service exports, BoP): Moldova's insurance and financial services account for only 0.34% of its service exports, significantly under the average of 6.46%. Moldova is placed in the 153rd position out of 161 countries in this category.
Summary
Moldova's service exports, ICT service exports, and percentages in various service export categories are below global averages. However, Moldova excels in ICT service exports as a percentage of total service exports. The low contribution of insurance and financial services to its service exports indicates room for potential growth and diversification in Moldova's service sector, which is crucial for economic development and competitiveness in the global market.
Commercial Service Exports
Commercial service exports (current US$): Moldova's commercial service exports amount to $1,250,730,000. This is significantly below the average of $28,508,218,402. Moldova ranks 102 out of 171 countries in this category.
Travel services (% of commercial service exports): Moldova's travel services account for 25.25% of its commercial service exports, below the average of 27.89%. Moldova is ranked 71 out of 167 countries in this aspect.
Computer, communications and other services (% of commercial service exports): Moldova's services in this category represent 54.68% of its commercial service exports, exceeding the average of 42.44%. Moldova ranks 56 out of 169 countries in this attribute.
Insurance and financial services (% of commercial service exports): Moldova's insurance and financial services constitute 0.35% of its commercial service exports, well below the average of 6.97%. Moldova's rank is 153 out of 161 countries.
Transport services (% of commercial service exports): Moldova's transport services make up 19.72% of its commercial service exports, lower than the average of 23.37%. Moldova ranks 84 out of 169 countries regarding this metric.
Summary
Moldova's commercial service exports are significantly lower than the global average, with a notable reliance on computer, communications, and other services. The country falls below average in travel, insurance and financial services, as well as transport services. These indicators are crucial for assessing Moldova's economic diversification, competitiveness, and ability to generate revenue from various service sectors.
Broad Import Attributes
Imports of goods and services (current US$): Moldova's value of $5,921,825,323.33 is significantly below the average of $126,191,355,599.06. It ranks 111 out of 163 countries in this attribute.
Imports of goods and services (% of GDP): Moldova's value of 51.35% is above the average of 44.15%. It ranks 45 out of 163 countries in this attribute.
International tourism, expenditures (% of total imports): Moldova's value of 5.12% is above the average of 3.98%. It ranks 22 out of 131 countries in this attribute.
ICT goods imports (% total goods imports): Moldova's value of 4.65% is below the average of 6.85%. It ranks 83 out of 143 countries in this attribute.
Goods imports (BoP, current US$): Moldova's value of $5,038,680,000 is significantly below the average of $92,007,788,027.17. It ranks 112 out of 171 countries in this attribute.
Imports of goods and services (BoP, current US$): Moldova's value of $5,918,420,000 is significantly below the average of $120,321,577,988.12. It ranks 115 out of 170 countries in this attribute.
Imports of goods, services and primary income (BoP, current US$): Moldova's value of $6,384,440,000 is significantly below the average of $144,514,428,722.28. It ranks 119 out of 170 countries in this attribute.
Summary
Moldova has below-average values in various key macroeconomic indicators related to imports, including imports of goods and services, goods imports, and international tourism expenditures. These statistics indicate that Moldova's economy is not as heavily reliant on imports compared to many other countries globally. This could suggest a relatively lower level of integration into the global trade network, which may impact its economic growth potential, competitiveness, and overall economic stability.
Merchandise Imports
- Merchandise imports (current US$): Moldova has a value of $5,416,000,000 for this
attribute, which is significantly below the average of $89,385,605,263.16. Moldova ranks 115th out of 190
countries in the dataset for this attribute.
- Manufactures imports (% of merchandise imports): Moldova's value of 70.97% is above the
average of 66.76%. Moldova ranks 53rd out of 152 countries in this category.
- Agricultural raw materials imports (% of merchandise imports): Moldova's value of 1.53%
is slightly above the average of 1.27%. Moldova ranks 42nd out of 152 countries for this attribute.
- Food imports (% of merchandise imports): Moldova's value of 14.95% is below the average
of 15.89%. Moldova ranks 70th out of 152 countries in this attribute.
- Fuel imports (% of merchandise imports): Moldova's value of 7.74% is below the average
of 11.38%. Moldova ranks 108th out of 152 countries for this attribute.
- Ores and metals imports (% of merchandise imports): Moldova's value of 1.57% is below
the average of 2.57%. Moldova ranks 81st out of 152 countries in this category.
- Merchandise imports by the reporting economy, residual (% of total merchandise
imports): Moldova's value of 0.22% is significantly below the average of 2.51%. Moldova ranks
104th out of 180 countries for this attribute.
Summary
Moldova's key macroeconomic indicators for merchandise imports show that the country has below-average total merchandise imports, with a majority consisting of manufactured goods. Despite importing a higher percentage of agricultural raw materials compared to the average, its food and fuel imports are below average. This suggests Moldova's economy is reliant on manufactured goods and less on food and fuel imports, which may reflect the country's industrial focus and potential vulnerabilities in food and energy security.
Service Imports
Service imports (BoP, current US$): Moldova's value for service imports is $879,740,000. This is significantly below the average of $27,615,356,170.47, ranking 125th out of 171 countries in the dataset.
Communications, computer, etc. (% of service imports, BoP): Moldova's proportion of service imports allocated to this category is 34.09%, below the average of 44.40%. Moldova ranks 117th out of 169 countries in this aspect.
Transport services (% of service imports, BoP): Moldova dedicates 34.22% of its service imports to transport services, slightly above the average of 32.90%. Moldova ranks 70th out of 169 countries in this category.
Travel services (% of service imports, BoP): Moldova allocates 29.93% of its service imports to travel services, significantly higher than the average of 14.14%. Moldova ranks 14th out of 169 countries in this attribute.
Insurance and financial services (% of service imports, BoP): Moldova's allocation for insurance and financial services in service imports is 1.75%, notably below the average of 8.53%. Moldova ranks 157th out of 169 countries in this area.
Summary
Moldova's service imports are relatively low compared to the global average, with a significant portion allocated to travel services, which is much higher than average. However, the country allocates very little to insurance and financial services compared to the global average. These indicators are important as they reflect Moldova's priorities and areas of focus in its service imports, providing insights into its economic relationships and development strategies.
Commercial Service Imports
Analysis of key statistics for commercial service imports in Moldova:
- Commercial service imports (current US$): Moldova's value is $850,040,000. This is significantly below the average of $27,102,746,128.60. Moldova ranks 125th out of 171 countries.
- Computer, communications and other services (% of commercial service imports): Moldova's value is 31.79%. This is below the average of 41.71%. Moldova ranks 110th out of 169 countries.
- Insurance and financial services (% of commercial service imports): Moldova's value is 1.82%. This is well below the average of 8.85%. Moldova ranks 158th out of 169 countries.
- Transport services (% of commercial service imports): Moldova's value is 35.42%. This is slightly above the average of 34.71%. Moldova ranks 71st out of 169 countries.
- Travel services (% of commercial service imports): Moldova's value is 30.98%. This is significantly above the average of 14.73%. Moldova ranks 13th out of 169 countries.
Summary
In analyzing key statistics for commercial service imports in Moldova, it is evident that the country's total value of commercial service imports is significantly below the global average. However, Moldova stands out in its allocation of imports, with a higher percentage devoted to travel services compared to the average. This suggests a potential focus on tourism as a key driver of economic activity in the country.
Infrastructure
1. Railways, passengers carried (million passenger-km): Moldova's value of 29.19 million passenger-km is significantly below the average of 32,281.92 million passenger-km. Moldova ranks 56th out of 64 countries in this metric.
2. Railways, goods transported (million ton-km): Moldova's value of 599 million ton-km is lower than the average of 119,231.19 million ton-km. Moldova ranks 53rd out of 62 countries in this category.
3. Air transport, freight (million ton-km): Moldova's value of 0.45188 million ton-km is well below the average of 1384.37 million ton-km. Moldova ranks 112th out of 126 countries.
4. Air transport, registered carrier departures worldwide: Moldova's 2851.909 departures is far less than the average of 134,365.61 departures. Moldova ranks 115th out of 149 countries included.
5. Air transport, passengers carried: Moldova's 306,631.727 passengers carried is significantly less than the average of 11,848,242.70 passengers. Moldova ranks 102nd out of 149 countries.
6. Rail lines (total route-km): Moldova's total route-km of 1151 is substantially below the average of 12,204.74 route-km. Moldova ranks 53rd out of 66 countries in this regard.
Summary
Moldova's rail and air transport infrastructure indicators, including passengers carried, goods transported, and route-km, consistently rank below global averages, indicating a significant lag in the country's transportation sector development. These findings are crucial as they highlight Moldova's relative inefficiency and limited capacity in terms of both passenger and freight transport compared to other countries, potentially hindering its economic growth and competitiveness in the global market.
Information Technology Infrastructure
Secure Internet servers in Moldova stand at 14,705, which is significantly below the attribute average of 458,294. Moldova ranks 65th out of 193 countries in this category.
Moldova has 5,580.37 Secure Internet servers per 1 million people, much lower than the average of 14,067.17. The country ranks 57th out of 193 nations in this regard.
With 59.15% of its population using the Internet, Moldova falls below the average of 64.77%. The country ranks 118th out of 180 countries with available data.
Moldova's 719,001 fixed broadband subscriptions are notably lower than the average of 6,591,956.35. This places Moldova at the 78th position out of 185 countries.
Mobile cellular subscriptions in Moldova total 3,420,383, considerably lower than the average of 42,526,463.87. Moldova ranks 134th out of 193 countries in this category.
Summary
Moldova lags behind the global average across key macroeconomic indicators such as Secure Internet servers, Internet usage, fixed broadband subscriptions, and mobile cellular subscriptions. This indicates a digital infrastructure gap that may hinder Moldova's competitiveness, economic growth, and ability to fully participate in the digital economy on a global scale.
Energy Consumption
Renewable energy consumption in Moldova accounting for 23.66% of total final energy consumption is below the average of 32.18%. Moldova ranks 96 out of 191 countries in this attribute.
CO2 emissions in Moldova are 8611.2 kt, significantly lower than the average of 171895.94 kt. Moldova holds the 108th rank out of 188 countries in terms of CO2 emissions.
Summary
Moldova's renewable energy consumption accounting for 23.66% of total final energy consumption falls below the global average of 32.18%. Similarly, its CO2 emissions of 8611.2 kt are notably lower than the world average of 171895.94 kt. These statistics suggest that Moldova has room for improvement in increasing renewable energy consumption to align with global trends and maintaining low CO2 emissions to contribute positively towards environmental sustainability and combatting climate change.
Government Balance Sheet
1. Moldova's net acquisition of financial assets (% of GDP) is 0.9975, which is below the average of 2.4498. Moldova ranks 51 out of 87 countries in this attribute.
2. Moldova's central government debt, total (% of GDP) stands at 33.9556, below the average of 74.1161. Moldova ranks 51 out of 61 countries in this attribute.
3. Moldova's net incurrence of liabilities, total (% of GDP) is 6.4832, slightly below the average of 7.4311. Moldova ranks 47 out of 92 countries in this attribute.
4. Moldova's total reserves (% of total external debt) are at 47.7991, below the average of 66.1254. Moldova ranks 37 out of 102 countries in this attribute.
5. Moldova's reserves and related items (BoP, current US$) are 360,737,792.16, significantly below the average of 1,924,407,186.58. Moldova ranks 59 out of 171 countries in this attribute.
6. Moldova's total reserves minus gold (current US$) stand at 3,779,071,902.20, well below the average of 74,221,588,171.61. Moldova ranks 97 out of 161 countries in this attribute.
7. Moldova's total reserves (includes gold, current US$) amount to 3,783,579,237.84, significantly below the average of 85,708,019,773.47. Moldova ranks 100 out of 161 countries in this attribute.
8. Moldova's total reserves in months of imports are at 7.1115, slightly above the average of 7.0969. Moldova ranks 56 out of 151 countries in this attribute.
Summary
Moldova's key macroeconomic indicators show that the country generally maintains lower levels of financial assets, government debt, liabilities, and reserves compared to the global averages. Despite ranking lower in these attributes, Moldova's slightly higher total reserves in months of imports indicate a buffer against external financial shocks. It is crucial for Moldova to carefully manage its financial assets, debt, and reserves to ensure economic stability and resilience in the face of uncertainties in the global market.
Government Revenue
Revenue, excluding grants (% of GDP): Moldova's value for this attribute is 28.73%, which is slightly above the average of 27.02%. Moldova ranks 50th out of 122 countries in this aspect.
Grants and other revenue (% of revenue): Moldova's value is 5.20%, significantly below the average of 23.54%. Moldova ranks 103rd out of 108 countries for this metric.
Social contributions (% of revenue): Moldova's value is 33.15%, higher than the average of 22.29%. Moldova ranks 22nd out of 81 countries in this category.
Taxes on goods and services (% of revenue): Moldova's value is 47.42%, well above the average of 31.82%. Moldova ranks 9th out of 122 countries for this attribute.
Taxes on international trade (% of revenue): Moldova's value is 2.99%, below the average of 6.24%. Moldova ranks 57th out of 101 countries for this metric.
Other taxes (% of revenue): Moldova's value is 0.08%, significantly below the average of 2.12%. Moldova ranks 89th out of 106 countries in this aspect.
Taxes on income, profits and capital gains (% of revenue): Moldova's value is 11.15%, below the average of 24.66%. Moldova ranks 105th out of 119 countries in this category.
Summary
Moldova's revenue, excluding grants, is slightly higher than the global average, placing it at the 50th position globally. However, the country relies significantly less on grants and other revenue sources compared to the average, ranking 103rd globally. Moldova's higher social contributions indicate a stronger commitment to social welfare compared to the average, positioning it at the 22nd position globally. The country's heavy reliance on taxes on goods and services places it at the 9th position globally, showcasing a significant revenue stream. Moldova's lower reliance on taxes on income, profits, and capital gains compared to the average might reflect potential challenges in income generation diversification.
These indicators are important as they provide insights into Moldova's fiscal structure and priorities. The analysis highlights areas where Moldova excels, such as in taxes on goods and services, while also pointing out potential areas for improvement, such as increasing revenue diversification to reduce reliance on a few key tax sources.
Taxes
1. Tax revenue (% of GDP): Moldova's tax revenue as a percentage of GDP is 17.91%, slightly above the average of 16.72%. Moldova ranks 50th out of 123 countries in this attribute.
2. Customs and other import duties (% of tax revenue): Moldova's customs and import duties as a percentage of tax revenue is 3.33%, below the average of 9.01%. Moldova ranks 69th out of 99 countries for this metric.
3. Taxes on income, profits and capital gains (% of total taxes): Moldova's taxes on income, profits, and capital gains account for 18.08% of total taxes, significantly below the average of 38.40%. Moldova ranks 111th out of 120 countries in this category.
4. Tariff rate, applied, weighted mean, all products (%): Moldova's applied tariff rate for all products is 1.26%, much lower than the average of 5.21%. Moldova ranks 142nd out of 153 countries in this aspect.
Summary
Moldova has a relatively low tax revenue as a percentage of GDP, but it efficiently utilizes customs and import duties compared to total tax revenue. However, the country heavily relies on other forms of taxes besides income, profits, and capital gains. Moldova also maintains a very low applied tariff rate across all products. These indicators reflect Moldova's tax structure, trade policies, and economic reliance, which can impact its fiscal stability, trade competitiveness, and attractiveness to foreign investors.
Government Expenses
Expense (% of GDP): Moldova's expense as a percentage of GDP is 32.72%, slightly above the average of 31.69%. Moldova ranks 56th out of 123 countries in this attribute.
Compensation of employees (% of expense): Moldova's percentage of expense allocated to employee compensation is 11.12%, well below the average of 24.70%. Moldova ranks 104th out of 123 countries in this attribute.
Goods and services expense (% of expense): Moldova allocates 18.17% of its expense to goods and services, higher than the average of 14.77%. Moldova ranks 36th out of 122 countries in this attribute.
Interest payments (% of expense): Moldova's interest payments as a percentage of expense stand at 2.58%, significantly below the average of 6.85%. Moldova ranks 89th out of 121 countries in this attribute.
Other expense (% of expense): Moldova's allocation to other expenses is 2.22%, well below the average of 8.29%. Moldova ranks 107th out of 120 countries in this attribute.
Subsidies and other transfers (% of expense): Moldova dedicates 65.91% of its expenses to subsidies and transfers, considerably higher than the average of 43.29%. Moldova ranks 21st out of 121 countries in this attribute.
Summary
Moldova's expense as a percentage of GDP is slightly above the global average, with a significant portion allocated to subsidies and transfers. However, employee compensation receives a lower allocation compared to the average. This could indicate a focus on social welfare programs and support for specific sectors of the economy rather than employee compensation, which might impact the country's economic growth and the well-being of its workforce.
Top Stats
Ranks in Top Decile For:
| Attribute | Rank/Total |
|---|---|
| Death rate, crude (per 1,000 people) | 10/192 |
| Textiles and clothing (% of value added in manufacturing) | 9/93 |
| Travel services (% of service imports, BoP) | 14/169 |
| Travel services (% of commercial service imports) | 13/169 |
| Taxes on goods and services (% of revenue) | 9/122 |
Ranks in Bottom Decile For:
| Attribute | Rank/Total |
|---|---|
| Military expenditure (current USD) | 136/149 |
| Military expenditure (% of GDP) | 143/148 |
| Natural gas rents (% of GDP) | 96/96 |
| Capture fisheries production (metric tons) | 185/190 |
| External balance on goods and services (% of GDP) | 147/163 |
| Insurance and financial services (% of service exports, BoP) | 153/161 |
| Insurance and financial services (% of commercial service exports) | 153/161 |
| Insurance and financial services (% of service imports, BoP) | 157/169 |
| Insurance and financial services (% of commercial service imports) | 158/169 |
| Grants and other revenue (% of revenue) | 103/108 |
| Taxes on income, profits and capital gains (% of total taxes) | 111/120 |
| Tariff rate, applied, weighted mean, all products (%) | 142/153 |