Moldova's current account deficit in the first quarter of 2025 amounted to $1 billion 020.5 million, up 2.3 times from the same period in 2024
The National Bank of Moldova provided these figures, noting that this was due to an increase in the foreign trade deficit and a decrease in the primary income and services balance surpluses. At the same time, the secondary income surplus increased by 14%, but this was not enough to cover the impact of other current account components and compensate for the remaining imbalances. The current account deficit to GDP ratio stood at -25.8%, which is 14.2 percentage points higher than in the first quarter of 2024. The capital account recorded a surplus of $12.74 million, down 21.9% compared to the first quarter of 2024, amid a 44.5% decline in net capital inflows from the government sector to $4.56 million. Net transfers to the private sector increased by 1.3% to $8.17 million, due to an increase in inflows (+32.9%) of $17.37 million and outflows (+84%) of $9.2 million. In the first quarter of 2025, the financial account of the balance of payments recorded a net capital inflow of $901.07 million, which was due to a decrease in residents' external financial assets by $679.39 million, accompanied by an increase in residents' liabilities to non-residents by $221.68 million. // 01.07.2025 — InfoMarket
