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Moldova's GDP contracts 0.7% in 2012 - revised data

Dec 30, 2013, 5:53:22 PMArticle by Iliana-Carmen Ionescu
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December 30 (SeeNews) - Moldova's economy contracted by a revised 0.7% in real terms in 2012, the country's statistics office said.

Moldova's GDP contracts 0.7% in 2012 - revised data

The figure was revised from a 0.8% fall announced earlier this year.

Calculated at current prices, Moldova's gross domestic product (GDP) totalled 88.22 billion lei ($6.8 billion/4.9 billion euro) last year, the office said in a statement last week.

The gross value added in the economy declined by 9.0% last year. Final consumption expanded by 0.9% last year while household consumption increased 1.0%.

Exports and imports rose by 1.7% and 2.2%, respectively, in 2012, the office added.

(1 euro = 17.9294 Moldovan lei)

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