Republic of Moldova - Bracing for domestic and external Covid-19 shocks

The lockdown is expected to deliver a serious blow to economic activity, which could reach 20 percent of GDP in Q2, in line with other developing economies. A disproportionately large reliance on consumer-oriented sectors (retail trade, restaurants and recreation) represents a serious vulnerability, and offsets the positives such as smaller share of tourism or commodities.

Published by
UN
Published in collaboration with
Oxford Economics
English