Finance
Moldova's economy grows by 1.1% in second quarter, boosted by construction
Published by Global Banking and Finance Review
Posted on September 30, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on September 30, 2025
1 min readLast updated: January 21, 2026
Moldova's GDP increased by 1.1% in Q2 2025, primarily due to construction, energy, and IT sectors, with future growth supported by EU programs.
CHISINAU (Reuters) -Moldova's gross domestic product grew by 1.1% year-on-year in the second quarter of 2025, the national statistics bureau said on Tuesday, citing preliminary data.
GDP growth in the quarter was driven by expansion in the construction sector and also in the energy and the information technology and communication industries, it said in a statement.
In the first quarter, Moldova's economy contracted by 1.2% year-on-year, official data showed.
The European Bank for Reconstruction and Development said this month it expected Moldova's GDP to grow by 1.5% in 2025 and by 3.8% next year on the back of ongoing European Union support programs.
Earlier in September, Moldova's central bank cut its key interest rate by 0.25 percentage points to 6% to support growth.
Moldova's economy, one of the poorest in Europe, is driven by agriculture, remittances, and its IT industry.
(Reporting by Alexander Tanas; Writing by Olena Harmash; Editing by Jan Harvey)
Moldova's GDP grew by 1.1% year-on-year in the second quarter of 2025, according to preliminary data from the national statistics bureau.
The growth in Moldova's GDP was driven primarily by the construction sector, along with expansions in the energy and information technology and communication industries.
In the first quarter of 2025, Moldova's economy contracted by 1.2% year-on-year, as reported by official data.
The European Bank for Reconstruction and Development expects Moldova's GDP to grow by 1.5% in 2025 and by 3.8% in the following year, supported by ongoing European Union programs.
Moldova's central bank cut its key interest rate by 0.25 percentage points to 6% in September to help support economic growth.
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