Moldova's total external debt in 2023 increased by $872.33 million (+9.1%), amounting to $10 billion 465.65 million in late December.
These are the preliminary data of the country's total debt, published by the National Bank of Moldova (NBM) in the Balance of Payments for last year. NBM noted that, at the same time, in relation to the country's gross domestic product, Moldova’s total debt in late 2023 amounted to 63.3%, having decreased by 2.8 percentage points compared to the situation in late 2022. According to the NBM, the external debt of the public sector and state-guaranteed debt increased by $556.91 million (+17.1%) in January-December 2023, from $3 billion 263.61 million (end-2022) to $3 billion 820.52 million (end-2023), accounting for 36.5% of the total debt. At the same time, non-guaranteed private sector debt increased by $315.42 million (+5%) over the same period - from $6 billion 329.71 million to $6 billion 645.13 million and amounted to 63.5% of the total debt. The overall growth of Moldova's external debt in 2023 was due to an increase in the debt of the public administration sector by 18.2% - from $3 billion 172.85 million (as of end-2022) to $3 billion 751.24 million (as of end-2023). ), commercial bank debt - by 1.5% - from $505 million to $512.73 million, debt under "Other Sectors" - by 7.1% - from $3 billion 978.57 million to $4 billion 262.63 million, and debt under "Direct Investments: Inter-Branch Lending" - by 0.5% - from $1 billion 872.92 million to $1 billion 882.47 million. At the same time, the National Bank's debt on IMF loans decreased by 11.6%, from $63.98 million to $56.58 million. Long-term external debt in late 2023 amounted to $7 billion 429.67 million, up 8.8% compared to the situation in late 2022, when it totaled $6 billion 831.45 million. At the same time, short-term external debt amounted to $3 billion 035.98 million, up 9.9% compared to end-2022 ($2 billion 761.87 million). Their share in the total debt amounted to 71% and 29%, respectively. The structure of the external state debt by creditors, according to the situation in late 2023, shows that the main creditor of the state was the IMF with a share of 30.8% ($1 billion 178.1 million) of the total amount, followed by the World Bank Group with a share of 28% ($1 billion 069.13 million) and the European Investment Bank - 11.8% ($449.9 million). // 01.04.2024 - InfoMarket
