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%.
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.
Moldova GDP from 1992 to 2024
The total market value of goods and services produced annually in Moldova.
Data Source: International Monetary Fund
Image Source: Freepik from www.flaticon.com
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 |
