Advertisement
Moldova's GDP grew by 1.1% in the second quarter of 2025, driven by construction, energy, and IT industries. The first quarter had seen a 1.2% contraction, indicating early-year challenges. The European Bank for Reconstruction and Development expects GDP growth of 1.5% this year and 3.8% next year, supported by European Union programs. The central bank's interest rate cut to 6% aims to boost investment and economic activity. Agriculture, remittances, and IT continue to be major contributors, with the IT sector playing an increasing role in supporting the country's economic stability and gradual diversification.
Moldova's economy grew by 1.1% year-on-year in the second quarter of 2025, according to preliminary data released by the national statistics bureau. This growth was primarily driven by the construction sector, which showed steady expansion, as well as by developments in the energy and information technology and communication industries, which contributed significantly to economic activity. Advertisement
In comparison, the first quarter had seen a 1.2% year-on-year contraction, reflecting challenges faced earlier in the year. Analysts point out that the European Bank for Reconstruction and Development now forecasts Moldova's GDP to grow by 1.5% in 2025 and to strengthen further to 3.8% in 2026, supported by ongoing European Union aid programs aimed at stabilizing and boosting the economy.
The central bank recently lowered its key interest rate by 0.25 percentage points to 6%, a move intended to encourage investment, stimulate consumption, and support broader economic growth. Moldova, one of the poorest countries in Europe, continues to rely heavily on agriculture and remittances from citizens working abroad. At the same time, the IT sector has become a key contributor to economic performance, reflecting the country's gradual shift toward technology-driven growth.
These trends highlight that while short-term fluctuations occur, Moldova's economy is benefiting from a mix of traditional sectors and emerging industries, showing signs of gradual recovery and diversification.
Source Reuters
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
