Moldova’s economy contracted by 1.2% year-on-year in Q1 2025, marking the third consecutive quarterly decline following a 1.3% drop in Q4 2024.
Output fell in several key sectors, including manufacturing (-0.7%), professional, scientific and technical activities (-0.6%), agriculture, forestry and fishing (-0.2%), and other services (-0.2%).
In contrast, gains were recorded in construction (+0.4%) and information and communications (+0.2%).
On the demand side, net trade was the largest drag on growth, shrinking by 13.8% due to falling exports and rising imports.
Meanwhile, household consumption (+5.2%) and gross fixed capital formation (+3.2%) offered strong support.
Quarter-on-quarter, Moldova’s economy grew by 1.1%, accelerating from a 0.3% expansion in Q4 2024.