In 2025, Moldova recorded its highest number of new business registrations in seven years; however, the overall balance remains negative. Economists point out that a more complex dynamic lies behind these record figures: while the number of business closures has decreased, it is still too early to speak of a full-fledged recovery in entrepreneurial activity.
Managers at Moldovan companies generally expect business activity to remain stable at the end of 2026, although forecasts vary significantly across a number of sectors. The survey also reveals which factors are currently the greatest constraints on business and where companies expect the most significant price increases and improvements in performance.
The NBM's foreign currency reserves decreased by 10.19 million euros (-0.18%) during the most recent reporting week, totaling 5 billion 613.34 million euros as of October 16
Moldova's public debt reached a new all-time high in September, continuing to rise both compared to the previous month and since the beginning of the year. The Ministry of Finance attributes the increase to trends in domestic and external debt, while the structure of the debt is also changing, and its burden on the economy remains a focus of market attention.
A Public Finance Confidence Barometer has been launched in Moldova as part of a financial education project
Moldova's business agenda is being reshaped by a wave of fiscal, energy and investment decisions, with parliament advancing a broad tax package, new rules for key market segments and major infrastructure projects. At the same time, regulators are signaling possible pressure on household electricity bills, while international lenders and partners are moving ahead with fresh financing and modernization plans.
Moldova's economy showed a mixed picture in the latest data, with retail and industrial activity moving higher while some external trade and investment indicators weakened. At the same time, the authorities are advancing a new round of regulatory changes, market reforms and privatization plans that could reshape conditions for businesses in several sectors.
Moldova's industrial sector saw a marked acceleration in growth during the first half of 2026, with the manufacturing and energy sectors making the largest contributions. Some sectors experienced both sharp increases and declines in output, while regional trends and changes in producer prices paint a mixed picture of recovery.
Moldova reduced its debt to the IMF over the first nine months of the year and remained in the middle of the list of the fund's debtor countries. The latest IMF statistics also reflect changes among the largest borrowers and the total volume of outstanding obligations, which remains significant.
An economic expert highlighted the issue of comparability between poverty statistics in Moldova and the EU: current national indicators do not yet allow for a direct comparison with pan-European data. In his assessment, the transition to a harmonized methodology could significantly alter perceptions of the extent of poverty in the country and clarify its position among countries in the region.
Moldova's economic agenda this week is packed with fiscal, energy and regulatory developments, from stronger tax and customs inflows to new IMF consultations and fresh government financing offers. At the same time, authorities are advancing major infrastructure, healthcare and market-rule changes that could affect businesses, investors and households in the months ahead.
In Moldova, from January through August 2026, the extent to which companies' net demand for foreign currency was met by net supply from individuals stood at 95%, compared with 83.4% during the same period last year
The National Bank of Moldova is promoting reforms that accelerate the country's integration into the European financial area and transform approaches to payment infrastructure. Discussions are centered on further regulatory harmonization, the development of modern payment services, and cooperation with European partners—details of which could prove significant for the banking sector and the market as a whole.
Moldova's exports in August 2026 totaled 268.5 million euros, down 16.2% from the previous month
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