These figures are provided by the National Bank of Moldova, which notes that the financial sector, due to its role as a financial intermediary, is the sector with the highest total debt—303.5 billion lei (42% of the national economy's total debt). The non-financial commercial companies sector accounts for 192.8 billion lei (26.7%), while the general government and household sectors account for 157 billion lei (21.7%) and 70 billion lei (9.7%), respectively. According to the National Bank, the ratio of total debt of the national economy's sectors to GDP at the end of the first quarter of 2026 stood at 202.1%, which is 5.9 percentage points higher than the corresponding figure at the end of 2025. In terms of the financial instruments included in total debt, as of the end of the first quarter of 2026, the largest share was accounted for by contracted loans (40.8%). The share of financial instruments in the total debt of each sector of the national economy also correlates with the specific characteristics of those sectors. Cash and deposits, which account for 35.3% of the national economy's total debt, are characteristic only of financial companies and make up 84.2% of this sector's total debt. // 10.08.2026 — InfoMarket