---
title: "Moldova's Economy Grows Despite Challenges"
url: https://moldova1.md/p/26006/moldova-s-economy-grows-despite-challenges
published: 2024-03-16T07:20:00Z
language: en
section: "Economic"
source: moldova1.md
---

# Moldova's Economy Grows Despite Challenges

> In 2023, Moldova's Gross Domestic Product (GDP) experienced a 0.7% growth compared to 2022, according to preliminary estimates released by the National Statistics Office (BNS) on Friday. The GDP value in 2023 reached 300.4 billion lei.

In 2023, Moldova's Gross Domestic Product (GDP) experienced a 0.7% growth compared to 2022, according to preliminary estimates released by the National Statistics Office (BNS) on Friday. The GDP value in 2023 reached 300.4 billion lei.

![](https://storage.moldova1.md/images/f2a7be12-6a55-4623-a20e-c989ddaf9057.jpg)

The following activities had a positive impact on the evolution of GDP:

* Agriculture, forestry and fishing
* Health and social assistance
* Information and communication

The following activities caused a decrease in GDP:

* Manufacturing
* Construction
* Wholesale and retail trade
* Repair of motor vehicles and motorcycles
* Transportation and storage

From the perspective of GDP usage, the positive impact on the evolution of GDP was mainly caused by net exports of goods and services (+5.8%), as a result of a 5.1% increase in the volume of exports of goods and services and a 5.1% decrease in the volume of imports of goods and services.

Translation by **Iurie Tataru**