Government Spending in Moldova increased to 10619267 MDL Thousand in the fourth quarter of 2020 from 8229012 MDL Thousand in the third quarter of 2020. source: National Bureau of Statistics of the Republic of Moldova

Government Spending in Moldova averaged 6171435.57 MDL Thousand from 2010 until 2020, reaching an all time high of 10619267 MDL Thousand in the fourth quarter of 2020 and a record low of 3865890 MDL Thousand in the third quarter of 2010. This page provides the latest reported value for - Moldova Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Moldova Government Spending - values, historical data and charts - was last updated on May of 2021.

Government Spending in Moldova is expected to be 8270124.00 MDL Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Moldova to stand at 8475882.00 in 12 months time. In the long-term, the Moldova Government Spending is projected to trend around 8730159.00 MDL Thousand in 2022 and 8992064.00 MDL Thousand in 2023, according to our econometric models.

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Moldova Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
10619267.00 8229012.00 10619267.00 3865890.00 2010 - 2020 MDL Thousand Quarterly
Current Prices, NSA

Moldova Government Last Previous Highest Lowest Unit
Government Debt to GDP 25.00 27.00 159.42 19.27 percent [+]
Government Budget -1.40 -0.80 1.60 -6.30 percent of GDP [+]
Government Revenues 62949.20 57995.90 62949.20 14527.70 MDL Million [+]
Government Spending 10619267.00 8229012.00 10619267.00 3865890.00 MDL Thousand [+]
Government Budget Value -3026.40 -1613.00 578.40 -3836.60 MDL Million [+]
Fiscal Expenditure 65975.60 59608.90 65975.60 13949.30 MDL Million [+]
Credit Rating 25.00 [+]
Military Expenditure 43.80 37.40 43.80 14.90 USD Million [+]

Moldova Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.