Ludwig von Mises Institute

Moldova

From Mises Wiki, the global repository of classical-liberal thought
Jump to: navigation, search
Country summary

Capital

Chisinau (Kishinev)

Borders

Romania 450 km, Ukraine 940 km

Government type

republic

Population

4,320,748 (July 2010 est.)[1]

Population growth

-0.079% (2010 est.)[1]

Life expectancy

70.8 years[1]

Unemployment

3.1% (2009 est.)[1]

Index of Economic Freedom

125[2]

Corruption Perceptions Index

89[3]

Doing Business ranking

94[4]


Part of Romania during the interwar period, Moldova was incorporated into the Soviet Union at the close of World War II. Although the country has been independent from the USSR since 1991, Russian forces have remained on Moldovan territory east of the Dniester River supporting the Slavic majority population, mostly Ukrainians and Russians, who have proclaimed a "Transnistria" republic. One of the poorest nations in Europe, Moldova became the first former Soviet state to elect a Communist, Vladimir VORONIN, as its president in 2001. VORONIN served as Moldova's president until he resigned in September 2009, following the opposition's gain of a narrow majority in July parliamentary elections and the Communist Party's (PCRM) subsequent inability to attract the three-fifths of parliamentary votes required to elect a president. Moldova's four opposition parties formed a new coalition, the Alliance for European Integration (AEI), which will act as Moldova's governing coalition until new parliamentary elections can be held, possibly in summer 2010. Moldova experienced significant political uncertainty in 2009, holding two general elections (in April and July) and four presidential ballots in parliament, all of which failed to secure a president.[1]

Economical characteristics[edit]

  • Currency: Moldovan leu (ISO code: MDL)
  • Central bank discount rate: [1]
  • Commercial banks lending rate: 21.06% (31 December 2008)[1]
  • Stock of money (M1): $1.116 billion (31 December 2008)[1]
  • Quasi money (with M1 makes M2): $1.928 billion (31 December 2008)[1]


Statistics[edit]

Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (million USD)[5] 1 171 1 288 1 481 1 662 1 981 2 598 2 988 3 408 4 402 6 047
Govt. debt (% of GDP)[6] 77.898 73.019 60.775 59.559 52.534 51.955 32.425 29.179 23.240 18.466
Govt. revenue (% of GDP)[7] 23.961 24.503 21.244 24.798 26.709 28.783 31.689 33.308 34.248 34.406
Govt. expenses (% of GDP)[8] 29.000 28.925 22.279 22.217 27.259 29.318 31.866 32.410 32.822
Debt to revenue (years) 3.251 2.980 2.861 2.402 1.967 1.805 1.023 0.876 0.679 0.537

References[edit]

Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Factbook. "Moldova", from The World Factbook. Referenced 2010-09-29.
  2. ↑ Heritage Foundation. "Moldova", Economic Freedom Score. A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-29.
  3. ↑ Transparency International. "Moldova", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-09-29.
  4. ↑ Doing Business. "Moldova", Doing Business 2010 (part of The World Bank Group). A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-29.
  5. ↑ World Bank. "Moldova: GDP", from World Bank Data. Referenced 2010-09-29.
  6. ↑ World Bank. "Moldova: government debt", from World Bank Data. Referenced 2010-09-29.
  7. ↑ World Bank. "Moldova: government revenue", from World Bank Data. Referenced 2010-09-29.
  8. ↑ World Bank. "Moldova: government expenses", from World Bank Data. Referenced 2010-09-29.

Links[edit]

Personal tools

Namespaces

Variants

Actions

Navigation
Tools
Print/export