Source: world bank Nominal/PPP
Summary:
Moldova GDP Per Capita expanded from 1990 to 2024, increasing from $1,206.50 to $7,576.20 .The compound annual growth rate (CAGR) averaged 5.55% over the period. The economy recorded its peak level in 2024 and its lowest level in 1999. Growth volatility remained high. The maximum drawdown reached 66.89%, indicating the largest cyclical decline from peak levels. The country experienced 7 recession episode(s) during the observed period.
Moldova Economic Phases (1990 - 2024)
From 1990 to 2024, Moldova economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.
- Crisis (1991–1992) indicating severe economic downturn
- Crisis (1998–1999) indicating severe economic downturn
- High Growth (2000–2008) indicating robust economic expansion
- High Growth (2010–2011) indicating robust economic expansion
- High Growth (2017–2019) indicating robust economic expansion
- High Growth (2021–2024) indicating robust economic expansion
The most remarkable growth occurred in 2008 with an increase of 37.835%, while the largest decline was in 1999 at -30.97%.