MEGA – Moldova Economic Growth Analysis

The Moldovan economy faced an unprecedented mix of crises in 2022, but thanks to proper crisis management and external support it entered 2023 stronger and with good prospects for a speedy recovery. Stagflation, on the…
In 2021, the Republic of Moldova recorded the highest GDP growth rate over the past three decades. While there are some structural improvements, this growth should not be the reason for an exaggerated optimism. After…
The year 2020 was marked by the overlap of two major crises (the Covid-19 pandemic and the drought), causing the most severe recession in the last 20 years. Gross Domestic Product (GDP) estimated for 2020…
After a relatively favorable economic year, 2020 brings more macroeconomic challenges, with major risks for the public finance system. Overall, the economic growth in 2020 will be tempered compared to the result recorded in 2019.…
In the last quarter of 2018 and all through the first half of the current year, the economy grew amidst a slight intensification of inflation anticipations and pressure on the Moldovan Leu exchange rates. Seasonally-adjusted…
Major Economic Evolutions in 2018 In 2018 the Moldovan economy generally developed as forecast, but new risks emerged. Our estimates show that GDP increased by 4.2% - 4.6%, on a broad basis which included almost…
National economy is approaching an unfavorable equilibrium, marked by low growth rates. In spite of favorable conditions (good agricultural year, re-launch of external assistance, increase in external demand and increase in remittances), the Gross Domestic…
The economic year of 2017 fell short of expectations: Gross Domestic Product felt under the pessimistic scenario of our forecast made early in the year (3.0% – 4.0%). The initial GDP growth forecast of 6% …
The economic growth of 2016 was higher than forecasted, but lower than the optimal level. The Gross Domestic Product of the Republic of Moldova increased by 4.1% in 2016, exceeding the forecasts from the previous…
• Although the 2016 economic year was more favorable compared to 2015, it confirmed that the main problem of the Moldovan economy remaines its poor competitiveness. After the recession of 2015 (-0,5%), the Gross Domestic…
Key messages of this edition Despite internal and external constraints, in 2015 the economy fell by only 0.5%, which was close to the baselinescenario of the Expert-Grup forecast (-0.8%) for the given year. The only…
This is the 13th issue of the Moldova Economic Growth Analysis (MEGA), which analyzes the key macroeconomic and sector-level trends in 2015 and provides forecasts for key economic indicators for the next two years.  Key…
See below the abstract. Download here the full report in English. The 2015 is going to be a difficult economic year, the Gross Domestic Product being expected to decline by about 0.2% according to the…
Expert-Grup launched the 11th issue of the economic magazine MEGA: Moldova Economic Growth Analysis. The current edition analyzes the key macroeconomic and sector-level trends in 2014, provides forecasts for key economic indicators for 2015 and offers…
Independent Think-Tank EXPERT-GRUP presents the findings of its 10th issue of the Moldova Economic Growth Analysis (MEGA), which analyzes the evolution of the Moldovan economy in 2013 and the beginning of 2014, explains the key…
The Moldovan economy will post a fledgling recovery in 2013, being followed by a moderate stabilization in 2014. Hence, favorable climate conditions from the current year will trigger a 20% compensatory growth in agriculture, which…
External and weather shocks are to be blamed for the economic downturn Moldova suffered in 2012. At the same time, as we warned repeatedly in previous editions of the MEGA, the vulnerability of Moldovan economy…
While risks and uncertainties still persist in European and global economy, it seems that the peak had been already achieved and Moldova is currently on its light recovery path from external shocks as our own…
The recurrence of some tendencies similar to those during 2008-2009 crisis points out the vulnerability of Moldovan economy to external shocks and its incapacity to tackle the challenges from inside the country. We cannot expect…
In 2011 the Moldovan economy evolved, to a large extent, by inertia. It is true that in the first semester the economic growth was spectacular in terms of its magnitude and structure. However, the growth…
The Moldovan economy continued to develop amidst the environment of the ‘provisional’ governance. Such a model of governance featured growing political instability and lingering constitutional crisis, acrimonious infighting in ruling coalition, protracted stalemates in reform…
Since its inception, the Alliance for European Integration faced a tall order of multiple and often competing goals. Despite the short-term political horizon, the AEI can boast significant achievements in the past year: stabilising the…
With a string of domestic and external crises the year 2009 has clearly shown how fragile and illusory have the economic growth and modernisation been in Moldova in the last decade. The expected GDP decline…
MEGA has the purpose to explain the economic evolutions in Moldova, to update economic policy analysis and to provide policy recommendations for advancing country’s economic development.  The first issue of the MEGA is dedicated to…

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