Country explorer: Moldova

EXPERIMENTAL
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Overview

Moldova is a landlocked, upper-middle-income country in Europe with a small population. Its economy has grown very rapidly in recent decades, and is based on agriculture, manufacturing and services.

Moldova boasts rich vineyards and is known for its high-quality wine production.

Economy

Moldova has exhibited substantial advancements in its economy as evidenced by significant, albeit fluctuating, increases in GDP per capita, reduction in several poverty thresholds despite a complex poverty landscape, generally declining unemployment rates, and handling various inflationary pressures, all within a context of transition that shares commonalities with Eastern European and other upper-middle-income countries but remains distinctive in its challenges and pace of growth.

Demographics

Moldova has experienced a significant population decline due to high net emigration rates, coupled with a gradual increase in life expectancy and a fluctuating fertility rate that reflects broader demographic shifts common to Eastern European countries transitioning economically and socially.

Basic needs

Moldova has significantly improved access to clean cooking fuels and electricity, maintaining near-universal electricity access and achieving notable increases in the use of clean cooking fuels, unlike its steady progression in safely managed drinking water which reflects a common challenge with infrastructure faced by its peers in the region.

Human development

Moldova has demonstrated gradual but steady progress in human development, marked by improvements in the Human Development Index, reductions in child mortality rate, a high literacy rate, and advancements in learning-adjusted years of schooling, reflecting the country's concentrated efforts towards enhancing education, health, and standard of living amidst challenges similar to those faced by its Eastern European neighbors.

Environment & energy

Moldova has experienced notable but minor fluctuations in renewable freshwater resources and forest area, amidst a significant decrease in per capita CO2 emissions, indicative of its environmental challenges and efforts towards sustainability, which aligns with broader regional trends among Upper-middle-income countries.

Technology & innovation

Moldova has shown substantial growth in its technological and innovation sectors, evidenced by significant increases in internet usage, mobile phone subscriptions, and scientific outputs, mirroring trends in upper-middle-income countries, although its research and development spending remains relatively low.

Culture & society

Moldova has showcased a dynamic societal transformation characterized by a moderate increase in the share of the population born abroad, a steady improvement in self-reported life satisfaction, notable progress in reducing gender inequality, and an increasing age dependency ratio, reflecting trends that are relatively common among its upper-middle-income country peers, yet distinguished by its specific trajectory in these areas.

Governance

Moldova has experienced notable fluctuations in governance indicators, reflecting incremental efforts towards rule of law, combating corruption, and ensuring political and press freedoms, distinguishing it with a pattern of gradual, albeit uneven, progress compared to some regional peers.

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