Moldova: Government debt

* indicates monthly or quarterly data series
 Moldova

Government debt as percent of GDP

 Latest value 33.60
 Year 2023
 Measure percent
 Data availability 2008 - 2023
 Average 26.88
 Min - Max 18.40 - 34.50
 Source National Bank of Moldova
The latest value from 2023 is 33.6 percent, a decline from 34.5 percent in 2022. In comparison, the world average is 61.85 percent, based on data from 137 countries. Historically, the average for Moldova from 2008 to 2023 is 26.88 percent. The minimum value, 18.4 percent, was reached in 2008 while the maximum of 34.5 percent was recorded in 2022. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Moldova - Government debt - Recent values chart

Historical series
Moldova - Government debt - historical chart - 2008-2023




The government debt in Moldova and other countries is calculated as the total amount owed by the national government to domestic and international lenders. It is reported as percent of GDP so that we can evaluate its magnitude relative to the size of the economy.

Government debt of about 60 percent or less of GDP is not considered a problem. The government can make payments without strain and even has some room to borrow more. If debt levels reach 80-90 percent that may have negative effects on the economy. Debt above 120 percent of GDP is quite detrimental.
Definition: Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 18.06 2023 percent
 Government spending, in dollars 2.99 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -5.40 2023 percent
 Government debt 33.60 2023 percent
 Government expenditure 16.71 Q4/2024 billion
 Tax revenue 18.94 2022 percent
 Commercial tax rate 38.70 2019 percent
 Tax preparation time 183 2019 hours
 Number of taxes 10 2019 taxes
 Taxes on goods and services 65.03 2022 percent
 Taxes on international trade 4.61 2022 percent
 Income and profits taxes 17.94 2022 percent
 Foreign aid 884.50 2022 million U.S. dollars
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