The National Bank of Moldova released the 2023 statistical yearbook on the Republic of Moldova’s international accounts, publishing final annual balance of payments, international investment position and external debt data, alongside detailed analytical information for 2019–2023. Final data show a 2023 current account deficit of USD 1,893.23 million (11.4% of GDP), down 23.7% from 2022, reflecting a smaller goods trade deficit (-6.2%) and larger primary income (4.5 times) and secondary income (+4.1%) surpluses, partly offset by a reduced services surplus (-1.5%). The capital account recorded a surplus of USD 81.85 million, the highest in five years, while the financial account posted net inflows of USD 1,651.43 million, driven by higher residents’ liabilities to non-residents (USD 827.25 million) and a decline in residents’ external financial assets (USD 824.18 million). As of 31.12.2023, the international investment position stood at -USD 5,960.70 million (36.0% of GDP), with the net debtor position down 3.9% versus end-2022, and gross external debt rose 5.7% over 2023 to USD 10,118.84 million (61.2% of GDP).
National Bank of Moldova 2025-01-10
National Bank of Moldova publishes 2023 international accounts yearbook showing a USD 1,893.23 million current account deficit
The National Bank of Moldova published the 2023 statistical yearbook, detailing the Republic of Moldova's international accounts. The current account deficit decreased by 23.7% to USD 1,893.23 million, while the capital account surplus reached a five-year high of USD 81.85 million. The international investment position improved slightly, with gross external debt increasing by 5.7% to USD 10,118.84 million.