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.
INVESTMENTS IN BALKAN AREA
NEWS & CONTACT
Do you know that...
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China is interested in importing Bulgarian wines, dairy products, chicken meat and eggs, grain and oil processed foods and vegetables from Bulgaria.
