The National Bank of Moldova published provisional international accounts statistics for Q2 2025, reporting a current account deficit of USD 1,005.91m, net capital account inflows of USD 0.90m, and net financial account inflows of USD 965.33m. As of 30 June 2025, the international investment position (IIP) stood at minus USD 7,250.82m and gross external debt totalled USD 11,408.70m. The current account deficit widened by 41.6% compared with Q2 2024, driven by a substantial increase in the goods trade deficit, a deterioration in the primary income balance, and a lower services surplus, while a larger secondary income surplus did not offset these movements. The current account deficit was 21.1% of GDP, up 4.4 percentage points year on year. The capital account balance fell from USD 16.08m to USD 0.90m, reflecting a 3.2 times increase in private sector net capital outflows to USD 26.82m and a 40.9% drop in public administration net inflows to USD 5.17m; financial account inflows were linked to a net reduction in residents’ external financial assets of USD 609.07m alongside a USD 356.26m increase in residents’ liabilities to non-residents. The net debtor IIP increased by 19.3% versus end-2024, with external assets at USD 8,281.91m and liabilities at USD 15,532.72m, and gross external debt rose by 10.5% over H1 2025 to 60.6% of GDP, split between public debt of USD 4,794.34m (42%) and private debt of USD 6,614.36m (58%). The release is supported by a full analytical report, a statistical bulletin, and updated MBP6 time series in the National Bank of Moldova’s interactive database.

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