National Bank of Moldova reports national economy net financial worth at -MDL 117.1bn at end-September 2025

The National Bank of Moldova published sectoral financial balance sheet statistics for the third quarter of 2025, showing the national economy’s net financial worth (financial assets minus financial liabilities) at -MDL 117.1bn as of 30 September 2025. Financial assets totalled MDL 891.7bn against liabilities of MDL 1,008.8bn, and the net financial worth to GDP ratio stood at -33.9%, down 2.7 percentage points versus 31 December 2024. By sector, public administration improved to a net financial worth of -MDL 30.7bn and made the largest positive contribution to the change in the national total (+7.3 percentage points), while non-financial corporations remained the largest net debtor at -MDL 316.4bn (up 10.7%). Households recorded net financial worth of MDL 248.0bn (+2.5%), the net negative position of financial corporations narrowed to -MDL 17.9bn, and the “rest of the world” position increased to MDL 117.2bn. Loans represented 26.7% of total national economy liabilities and reached MDL 269.5bn; external loans totalled MDL 125.8bn, mainly to public administration (58.7%) and non-financial corporations (32.6%), while other monetary financial institutions provided MDL 101.6bn in credit. Total debt of the national economy amounted to MDL 667.5bn (193.1% of GDP), with the largest share in the financial sector (MDL 287.1bn, or 43.0%); loans were the biggest instrument category (40.4%), followed by cash and deposits (36.3%).