Balance of payments of the Republic of Moldova in 2020 (final data) [1]
(tables and charts are available in English)
In 2020, the current account of the balance of payments recorded a deficit of US$ 892,51 million, which is -7,5% as a ratio to GDP (-9,3% in 2019). The capital account registered a negative balance amounting to US$ 65,67 million, and the financial account recorded a net capital inflow of US$ 1 042,13 million.
Balance of payments of the Republic of Moldova (BPM6), main aggregates (US$ million)
|
2016* |
2017* |
2018* |
2019* |
2020* |
2020 / 2019 (%) |
CURRENT ACCOUNT |
-288,42 |
-555,39 |
-1 211,87 |
-1 111,56 |
-892,51 |
80,3 |
Goods |
-2 078,69 |
-2 558,81 |
-3 294,00 |
-3 311,62 |
-3 094,26 |
93,4 |
Services |
220,59 |
304,25 |
355,99 |
351,19 |
382,31 |
108,9 |
Primary income |
445,97 |
555,84 |
535,79 |
614,96 |
390,35 |
63,5 |
Secondary income |
1 123,71 |
1 143,33 |
1 190,35 |
1 233,91 |
1 429,09 |
115,8 |
CAPITAL ACCOUNT |
-17,80 |
-21,34 |
-35,85 |
-54,99 |
-65,67 |
119,4 |
Net borrowing (current and capital account balance) |
-306,22 |
-576,73 |
-1 247,72 |
-1 166,55 |
-958,18 |
82,1 |
FINANCIAL ACCOUNT |
-374,25 |
-500,37 |
-1 200,93 |
-1 148,95 |
-1 042,13 |
90,7 |
Direct investment, net |
-74,11 |
-138,65 |
-259,11 |
-467,93 |
-151,72 |
32,4 |
Portfolio investment, net |
-0,36 |
-0,27 |
3,60 |
4,72 |
0,86 |
18,2 |
Financial derivatives, net |
0,49 |
-0,43 |
1,09 |
0,30 |
-0,41 |
- |
Other investment, net |
-831,41 |
-892,22 |
-1 182,04 |
-746,53 |
-1 528,27 |
204,7 |
Change in reserve assets |
531,14 |
531,20 |
235,53 |
60,49 |
637,41 |
1 053,7 |
Net errors and omissions |
-68,03 |
76,36 |
46,79 |
17,60 |
-83,95 |
- |
Personal remittances, credit |
1 387,28 |
1 555,98 |
1 744,56 |
1 817,35 |
1 810,18 |
99,6 |
|
% to GDP |
p.p. |
||||
CURRENT ACCOUNT |
-3,6 |
-5,7 |
-10,6 |
-9,3 |
-7,5 |
1,8 |
Goods |
-25,8 |
-26,4 |
-28,8 |
-27,7 |
-26,0 |
1,7 |
Services |
2,7 |
3,1 |
3,1 |
2,9 |
3,2 |
0,3 |
Primary income |
5,5 |
5,7 |
4,7 |
5,1 |
3,3 |
-1,8 |
Secondary income |
13,9 |
11,8 |
10,4 |
10,3 |
12,0 |
1,7 |
CAPITAL ACCOUNT |
-0,2 |
-0,2 |
-0,3 |
-0,5 |
-0,6 |
-0,1 |
Net borrowing (current and capital account balance) |
-3,8 |
-6,0 |
-10,9 |
-9,7 |
-8,0 |
1,7 |
FINANCIAL ACCOUNT |
-4,6 |
-5,2 |
-10,5 |
-9,6 |
-8,7 |
0,9 |
Direct investment, net |
-0,9 |
-1,4 |
-2,3 |
-3,9 |
-1,3 |
2,6 |
Portfolio investment and financial derivatives, net |
0,0 |
0,0 |
0,0 |
0,0 |
0,0 |
0,0 |
Other investment, net |
-10,3 |
-9,2 |
-10,3 |
-6,2 |
-12,8 |
-6,6 |
Change in reserve assets |
6,6 |
5,5 |
2,1 |
0,5 |
5,3 |
4,8 |
Personal remittances, credit |
17,2 |
16,1 |
15,2 |
15,2 |
15,2 |
0,0 |
p.p. – percentage points
* revised data
Time series in the Interactive database:
- Balance of payments of the Republic of Moldova (BPM6) in standard presentation [2];
- Balance of payments of the Republic of Moldova (BPM6) in detailed presentation [3];
- Balance of payments of the Republic of Moldova (BPM6) in analytic presentation [4].
Details on developments in international accounts are available here: