Moldova GDP & Economic Overview 2019-2024

Moldova’s economy is getting smaller in people but larger in euros. Between 2019 and 2024, the country lost about 10% of its population, while GDP in euro terms rose strongly and GDP per capita nearly doubled, from €3,935 to €7,004. Average wages also increased from €368 to €727 per month, although they still remain far below Romania’s level. Public debt stood at 37.8% of GDP in 2024, which is relatively low by European standards and gives the government more room to support investment than many peers. Still, the headline numbers should be read carefully: part of the per-capita growth reflects inflation and a smaller population base, not only real economic expansion. Over the same period, cumulative real GDP growth was modest.