Moldova's GDP changed from approximately $864M in 1992 to $18B 356M in 2024, showing an overall 2024.5% sharply increased during the period.
The lowest GDP was recorded in 1992 at $864M, and the highest in 2024 at $18B 356M.
Over the 32-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 10.0%.
For comparison, the average annual growth rate of Romania was 4.8%, and that of Ukraine was 6.9%.
Moldova GDP from 1992 to 2024
The total market value of goods and services produced annually in Moldova.
Overview of Moldova's GDP (1992–2024)
The Gross Domestic Product (GDP) of Moldova recorded a 2024.5% sharply increased from 1992 to 2024.
The average GDP during this period was $6B 332M, and the median was $5B 438M.
GDP fluctuated within a range of $17B 492M, with a standard deviation of $5B 98M.
The average annual change was $499M 225K.
Highest and Lowest GDP Records
- Lowest GDP: 1992, $864M
- Highest GDP: 2024, $18B 356M
- Most Recent GDP: 2024, $18B 356M
Notable Annual GDP Changes
- 2023: Significant increase in GDP
- 2015: Noticeable drop in GDP
Overall pattern: overall increase with some decline
Global Economic Events and Moldova's GDP
COVID-19 Pandemic (2020)
- Period: From 2019 to 2020
- GDP Change: $11B 737M → $11B 530M
- Outcome: declined
2008 Global Financial Crisis
- Period: From 2007 to 2009
- GDP Change: $4B 401M → $5B 438M
- Outcome: sharply increased
2001 Dot-com Bubble Burst
- Period: From 2000 to 2001
- GDP Change: $1B 315M → $1B 481M
- Outcome: sharply increased
1998 Asian Financial Crisis
- Period: From 1997 to 1998
- GDP Change: $1B 928M → $1B 697M
- Outcome: sharply declined
Key Economic Indicators of Moldova (1992–2024)
| year | Nominal GDP | GDP per Capita | PPP per Capita | PPP GDP | GDP Growth | Current Account | Savings | Fiscal Balance | Population |
|---|---|---|---|---|---|---|---|---|---|
1992 | $ 864M | $ 290.06 | $ 4,396.83 | $ 13B 90M | 0 % | -4.505 % | 55.29 % | 0 % | 2M 977K people |
1993 | $ 1B 110M | $ 373.93 | $ 4,458.58 | $ 13B 240M | -1.2 % | -16.283 % | 37.92 % | 0 % | 2M 969K people |
1994 | $ 1B 158M | $ 389.59 | $ 3,143.11 | $ 9B 344M | -30.9 % | -8.427 % | 28.26 % | 0 % | 2M 973K people |
1995 | $ 1B 441M | $ 485.35 | $ 3,166.68 | $ 9B 404M | -1.428 % | -5.87 % | 19.01 % | 1.511 % | 2M 970K people |
1996 | $ 1B 694M | $ 572.30 | $ 3,044.08 | $ 9B 11M | -5.9 % | -11.324 % | 12.92 % | -4.309 % | 2M 960K people |
1997 | $ 1B 928M | $ 653.52 | $ 3,156.58 | $ 9B 313M | 1.6 % | -14.257 % | 9.56 % | -3.243 % | 2M 950K people |
1998 | $ 1B 697M | $ 575.97 | $ 2,989.23 | $ 8B 805M | -6.5 % | -19.728 % | 6.14 % | 3.096 % | 2M 946K people |
1999 | $ 1B 172M | $ 398.41 | $ 2,933.16 | $ 8B 626M | -3.4 % | -5.793 % | 17.09 % | 4.397 % | 2M 941K people |
2000 | $ 1B 315M | $ 448.06 | $ 3,070.14 | $ 9B 7M | 2.1 % | -7.47 % | 17.99 % | 2.699 % | 2M 934K people |
2001 | $ 1B 481M | $ 505.78 | $ 3,337.47 | $ 9B 772M | 6.1 % | -1.808 % | 21.47 % | 3.84 % | 2M 928K people |
2002 | $ 1B 662M | $ 569.11 | $ 3,663.30 | $ 10B 698M | 7.8 % | -1.191 % | 20.47 % | 0.977 % | 2M 920K people |
2003 | $ 1B 981M | $ 680.27 | $ 3,994.18 | $ 11B 629M | 6.6 % | -6.57 % | 16.61 % | 2.57 % | 2M 911K people |
2004 | $ 2B 598M | $ 894.06 | $ 4,413.65 | $ 12B 825M | 7.4 % | -1.776 % | 24.58 % | 2.503 % | 2M 906K people |
2005 | $ 2B 988M | $ 1,031.42 | $ 4,907.77 | $ 14B 219M | 7.5 % | -7.556 % | 23.27 % | 2.69 % | 2M 897K people |
2006 | $ 3B 408M | $ 1,179.32 | $ 5,315.03 | $ 15B 361M | 4.8 % | -11.337 % | 21.41 % | 0.597 % | 2M 890K people |
2007 | $ 4B 401M | $ 1,526.38 | $ 5,636.03 | $ 16B 251M | 3 % | -15.248 % | 22.86 % | 1.336 % | 2M 883K people |
2008 | $ 6B 55M | $ 2,102.94 | $ 6,201.69 | $ 17B 856M | 7.8 % | -16.112 % | 23.12 % | 0.294 % | 2M 879K people |
2009 | $ 5B 438M | $ 1,890.65 | $ 5,871.83 | $ 16B 888M | -6 % | -8.923 % | 14.22 % | -4.988 % | 2M 876K people |
2010 | $ 6B 977M | $ 2,428.11 | $ 6,370.99 | $ 18B 307M | 7.1 % | -6.901 % | 16.70 % | -1.532 % | 2M 873K people |
2011 | $ 8B 417M | $ 2,930.06 | $ 6,882.49 | $ 19B 772M | 5.818 % | -10.121 % | 13.93 % | -1.368 % | 2M 873K people |