INVESTMENTS IN MOLDOVA

Foreign direct investment in Moldova fluctuates at low levels, mainly due to the limited domestic market and the unstable administrative and legal environment. However, under the new law on tax reforms, from 1.1.2008, a zero tax rate on undistributed profits of companies exists.
Corporate tax rate is at 12%, still even at this level being one of the most competitive in the Balkans.
It is worth noticing that because of the issue of Transnistria in particular, the country has a significant energy deficit, while the relatively weak local currency keeps bank interests at high levels.

MOLDOVA

2014

G.D.P. in purchasing power terms (billion $)

$17,78

G.D.P. in nominal values (billion $)

$7,962

G.D.P. growth in 2014

4,60%

Per capita G.D.P. in purchasing power terms

$5.000

Investments in fixed assets as % of the G.D.P.

24,70%

Inflation rate

5,10%

Total borrowing of the economic units (bil. $)

$2,674

Exports (bil. $)

$2,352

Imports (bil. $)

$5,264

Total Foreign Direct Investments (mil. $)

$3,448

Work Force (mil.)

1,23

Unemployment rate

6,20%

% of people under the poverty threshold

21,90%

Energy production (bil.)

5,467 kWh

Energy consumption (bil.)

5,056 kWh

State budget incomes (bil. $)

$3,025

State budget expenditures (bil. $)

$3,164

State budget deficit as a % of the G.D.P.

-1,70%

Tax incomes as a % of the GDP

38%

Public Debt as a % of the GDP

17,20%

Foreign Dept (bil $)

$6,562

Lending interest rate of commercial banks

11,01%

Corporate tax rate

12%

Highest income tax rate

18%

Highest VAT rate

20%

Insurance Contributions for employee

10%

Insurance Contributions for employer

27%

Greek companies are active in Moldova, particularly in sectors as telecommunications, tobacco, dried fruit trade and construction. Furthermore, Moldova has expressed interest in establishing joint enterprises in the areas of processing and packaging of agricultural products (food and milk), textiles, packaging materials, energy, bottling of alcoholic beverages and mineral waters, coproduction of light industry products, manufacturing of household appliances, building infrastructure, Internet services, and in the banking sector.

Do you know that...

  • The International Monetary Fund (IMF) forecasts that Serbia will have modest economic growth in 2012 totaling 1.5 percent, as three of the country's main trade partners - Germany, Italy and Bosnia-Herzegovina, will face recession and economic stagnation next year.

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