Country risk rating

D4

HIGH RISK for enterprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

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GDP USD12.0bn (World ranking 139, World Bank 2019)
Population 2.7mn (World ranking 140, World Bank 2019)
Form of state Republic
Head of government Maia SANDU (President)
Next elections 2023, legislative
  • FTA with the EU
  • Low wage costs
  • Relatively low public debt
  • Elevated political risks, including the unresolved status of the separatist Transdniestr region as well as government instability
  • A relatively poorly-skilled labor force, exacerbated by strong emigration of the younger generations to the EU and Russia
  • High dependence on energy imports from Russia
  • Overreliance on the agriculture and the food sectors, making the economy vulnerable to unfavorable weather
  • Persistent external imbalances (double-digit current account deficits and very high external debt)
  • Exchange rate vulnerability
  • Perception of widespread corruption
  • Legal uncertainty
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