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Economy of Afghanistan vs Moldova compared: GDP & Debt

Updated on by Georank team

Afghanistan has a GDP of $17.2B compared to $18.2B for Moldova, ranking 137/197 and 134/197 by economy size, respectively.

Afghanistan has $1.44B in government debt (8.8% of GDP), compared to $7.06B (38.8% of GDP) in Moldova.

Afghanistan vs Moldova GDP by year

Afghanistan
Moldova
1x
Year GDP, current $
Afghanistan Moldova
2024 - $18,200,340,854
2023 $17,152,234,637 $16,711,906,746
2022 $14,497,243,872 $14,525,337,524
2021 $14,259,995,441 $13,691,869,264
2020 $19,955,929,052 $11,530,746,234
2019 $18,799,444,490 $11,736,797,055
2018 $18,053,222,687 $11,252,353,421
2017 $18,753,456,498 $9,514,404,016
2016 $18,116,572,395 $7,980,917,076
2015 $19,134,221,645 $7,797,667,197
2014 $20,497,128,556 $9,402,090,138
2013 $20,146,416,758 $9,496,717,876
2012 $19,907,329,778 $8,709,138,635
2011 $17,805,098,206 $8,414,352,020
2010 $15,856,668,556 $6,974,982,370
2009 $12,416,152,732 $5,439,434,272
2008 $10,109,297,048 $6,054,824,248
2007 $9,747,886,187 $4,401,173,152
2006 $6,971,758,282 $3,408,255,451
2005 $6,203,256,539 $2,988,342,907
2004 $5,224,896,719 $2,598,249,556
2003 $4,520,946,819 $1,980,907,435
2002 $3,825,701,439 $1,661,818,168
2001 $2,813,571,754 $1,480,673,594
2000 $3,521,418,060 $1,288,429,392
1999 - $1,170,782,957
1998 - $1,698,717,505
1997 - $1,930,081,169
1996 - $1,695,122,174
1995 - $1,752,999,370
1994 - $1,702,314,268
1993 - $2,371,813,324
1992 - $2,319,243,436
1991 - $3,094,565,871
1990 - $3,592,857,043

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

GeoRank.org/economy/afghanistan/moldova | CC BY

GDP per capita in Afghanistan vs Moldova by year

Afghanistan
GDP per capita

GDP per capita, PPP
Moldova
GDP per capita

GDP per capita, PPP
1x
Year Current $
Afghanistan Moldova
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $7,576 $18,615
2023 $414 $2,202 $6,800 $17,747
2022 $357 $2,123 $5,744 $16,453
2021 $356 $2,144 $5,275 $15,682
2020 $511 $2,562 $4,376 $13,527
2019 $497 $2,583 $4,405 $13,413
2018 $491 $2,432 $4,156 $11,868
2017 $525 $2,336 $3,453 $11,252
2016 $522 $2,213 $2,847 $10,326
2015 $566 $2,284 $2,750 $9,198
2014 $625 $2,224 $3,290 $8,643
2013 $637 $2,133 $3,321 $8,233
2012 $651 $1,988 $3,045 $7,255
2011 $607 $1,744 $2,941 $6,833
2010 $561 $1,766 $2,437 $6,323
2009 $452 $1,571 $1,898 $5,827
2008 $382 $1,334 $2,111 $6,153
2007 $376 $1,287 $1,531 $5,590
2006 $274.2 $1,122 $1,183 $5,271
2005 $254.2 $1,076 $1,034 $4,866
2004 $221.8 $972 $897 $4,378
2003 $198.9 $967 $682 $3,960
2002 $179 $927 $571 $3,633
2001 $138.7 $748 $507 $3,311
2000 $174.9 $814 $441 $3,045
1999 - - $399 $2,910
1998 - - $579 $2,965
1997 - - $657 $3,136
1996 - - $575 $3,021
1995 - - $594 $3,146
1994 - - $574 $3,111
1993 - - $797 $4,394
1992 - - $778 $4,337
1991 - - $1,038 $5,980
1990 - - $1,207 $6,895

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

GeoRank.org/economy/afghanistan/moldova | CC BY

Afghanistan's GDP per capita is $414, ranking 196/197, compared to $7,576 in Moldova, ranking 99/197. Adjusted for purchasing power (GDP per capita PPP), Afghanistan ranks 184th at $2,202, while Moldova ranks 100th at $18,615.

Economic indicators

Afghanistan Moldova
Gross domestic product
$17.2B
2023
$18.2B
2024
GDP rank
137/197
2023
134/197
2024
GDP growth
2.27%
2022-2023
0.1%
2023-2024
GDP per capita
$414
2023
$7,576
2024
GDP per capita rank
196/197
2023
99/197
2024
GDP per capita, PPP
$2,202
2023
$18,615
2024
GDP per capita PPP rank
184/197
2023
100/197
2024
Government debt
$1.44B
2023
$7.06B
2024
Debt-to-GDP ratio
8.8%
2024
38.8%
2024
Government debt per person
$34.8
2023
$2,938
2024
Government debt per person rank
185/185
2023
102/185
2024
Average annual personal income after taxes
$1,869
2026
$4,291
2026
Income share by richest 10% n/a
22.8%
2023
Income share by poorest 10% n/a
4.3%
2023
Government expenditure, % of GDP
19.4%
2024
38%
2024
Consumer prices inflation
-4.3%
2023-2024
4.68%
2023-2024
Central bank interest rate
6%
2021
6%
2025
Unemployment rate
5.68%
2021
1.43%
2024
Population
45409324
2341166

Spending and national debt comparison by year

Afghanistan
Spending

Debt
Moldova
Spending

Debt
1x
Year % of GDP
Afghanistan Moldova
Government spending Government debt Government spending Government debt
2024 19.4% 8.8% 38% 38.8%
2023 17% 8.42% 38.8% 34.9%
2022 16.1% 10.8% 36.6% 35%
2021 17.9% 11.2% 34.6% 33.6%
2020 27.9% 7.33% 36.7% 36.6%
2019 28% 6.14% 32% 28.8%
2018 28.9% 7.38% 31.5% 31.8%
2017 27.7% 8% 31% 34.9%
2016 28% 8.44% 30.5% 39.7%
2015 25.9% 9.15% 31.7% 42.1%
2014 25.4% 8.7% 33.8% 35.4%
2013 25% 6.92% 32.4% 30%
2012 25% 6.77% 33.7% 31.3%
2011 21.9% 7.52% 32.6% 24.2%
2010 20.8% 7.71% 34.1% 25.5%
2009 21.2% 16.2% 45.3% 32.6%
2008 20.9% 19.1% 41.5% 22.2%
2007 21.4% 20.1% 42.7% 28.3%
2006 18.3% 23% 40.3% 35%
2005 15.7% 206.4% 37.1% 40.4%
2004 15.1% 245% 34.8% 49.3%
2003 11.9% 270.6% 33.5% 68.1%
2002 6.94% 346% 30.7% 80.3%
2001 - - 29.5% 85.4%
2000 - - 34% 89.1%
1999 - - 33% 150.7%
1998 - - 39.1% 159.4%
1997 - - 46% 89%
1996 - - 43.3% 87.5%
1995 - - 42% 79.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/moldova | CC BY

In 2024, Afghanistan's government spending was $2.91B, accounting for 19.4% of its GDP, while Moldova spent $6.91B, or 38% of GDP.

Debt-to-GDP ratio is 8.8% in Afghanistan and 38.8% in Moldova, ranking 181/185 and 137/185, respectively.

Government deficit by year

Deficit/surplus
Afghanistan

Moldova
1x
Year Deficit/surplus, % of GDP
Afghanistan Moldova
2024 -0.54% -3.88%
2023 -1.33% -5.13%
2022 -1% -3.24%
2021 -0.48% -2.62%
2020 -2.24% -5.32%
2019 -1.06% -1.47%
2018 1.63% -0.85%
2017 -0.67% -0.65%
2016 0.13% -1.56%
2015 -1.38% -1.93%
2014 -1.72% -1.6%
2013 -0.63% -1.57%
2012 0.18% -1.93%
2011 -0.67% -2.05%
2010 0.93% -2.18%
2009 -1.76% -6.38%
2008 -3.86% -0.87%
2007 -2.46% 0.15%
2006 0.68% -0.42%
2005 -0.92% 1.44%
2004 -2.39% 0.59%
2003 -2.1% 0.47%
2002 -0.1% -1.18%
2001 - -0.34%
2000 - -3.55%
1999 - -2.64%
1998 - -1.52%
1997 - -7.47%
1996 - -7.42%
1995 - -2.58%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/moldova | CC BY

In 2023, Afghanistan's government deficit, the difference between spending and revenue, was $228M, equivalent to 1.33% of GDP. This compares to Moldova's deficit of $857M, or 5.13% of GDP.

Over the past 22 years, Afghanistan recorded a fiscal deficit in 17 of those years, while Moldova ran a deficit in 18 years. On average, Afghanistan posted an annual deficit equal to 0.96% of GDP, compared to deficit of 1.74% of GDP for Moldova.

Inflation comparison by year

Inflation
Afghanistan

Moldova
1x
Year Consumer prices inflation
Afghanistan Moldova
2024 -4.3% 4.68%
2023 -7.7% 13.4%
2022 10.6% 28.7%
2021 7.8% 5.11%
2020 5.6% 3.77%
2019 2.3% 4.84%
2018 0.6% 3.05%
2017 5% 6.57%
2016 4.4% 6.36%
2015 -0.7% 9.68%
2014 4.7% 5.09%
2013 7.4% 4.6%
2012 6.4% 4.55%
2011 11.8% 7.69%
2010 2.2% 7.48%
2009 -6.8% -0.06%
2008 26.4% 12.8%
2007 8.7% 12.4%
2006 6.8% 12.8%
2005 10.6% 12%
2004 16.4% 12.5%
2003 35.7% 11.7%
2002 - 5.3%
2001 - 9.76%
2000 - 31.3%
1999 - 39.3%
1998 - 7.7%
1997 - 11.8%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06); International Monetary Fund (IMF) | World Economic Outlook (2003–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/moldova | CC BY

Over the past 22 years, Afghanistan has recorded an average annual inflation rate of 7%, compared with 8.62% in Moldova. In 2024, inflation was -4.3% in Afghanistan and 4.68% in Moldova.

Top exports between countries

Afghanistan
Export category Export value
Moldova
Export category Export value
Textiles & consumer goods $311K
Machinery & equipment $179K
Processed food, beverages & tobacco $122K
Raw agricultural goods $121K
Chemicals & pharma $77K
Raw materials & minerals $61K
Metals $25K
Animal & marine products $12K
Wood & paper products $3K

Balance of trade

Afghanistan Moldova
Current account balance
-$3.14B
2020
-$3.01B
2024
Current account balance ranking
159/190
2020
156/190
2024
Current account balance, % of GDP
-15.7%
2020
-16.6%
2024
Goods imports
$5.88B
2020
$8.63B
2024
Goods exports
$777M
2020
$3.01B
2024
Service imports
$1.11B
2020
$1.8B
2024
Service exports
$700M
2020
$2.73B
2024
Imports of goods and services, % of GDP
50.7%
2023
57.3%
2024
Exports of goods and services, % of GDP
16.9%
2023
31.4%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Afghanistan Moldova
Economic freedom 53 58.1
Economic freedom ranking 142/197 112/197
Property rights 3.6 40.4
Government integrity 13.5 45.1
Judicial effectiveness 0 32.4
Tax burden 92 87.9
Government spending 90.8 57.2
Fiscal health 98.4 70.3
Business freedom 33.7 68.3
Labor freedom 44.4 48.1
Monetary freedom 84.9 66
Trade freedom 68.6 76.8
Investment freedom 10 55
Financial freedom 10 50

Economic freedom comparison by year

Afghanistan
Moldova
1x
Year Economic freedom index
Afghanistan Moldova
2026 - 58.1
2025 - 58.3
2024 - 57.1
2023 - 58.5
2022 - 61.3
2021 53 62.5
2020 54.7 62
2019 51.5 59.1
2018 51.3 58.4
2017 48.9 58
2016 - 57.4
2015 - 57.5
2014 - 57.3
2013 - 55.5
2012 - 54.4
2011 - 55.7
2010 - 53.7
2009 - 54.9
2008 - 57.9
2007 - 58.7
2006 - 58
2005 - 57.4
2004 - 57.1
2003 - 60
2002 - 57.4
2001 - 54.9
2000 - 59.6
1999 - 56.1
1998 - 53.5
1997 - 48.9
1996 - 52.5
1995 - 33

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/afghanistan/moldova | CC BY

The Economic Freedom Index for Afghanistan is 53, ranking 142/197, compared to 58.1 for Moldova, ranking 112/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Afghanistan Moldova
Services, % of GDP
46.4%
2023
62.3%
2024
Industry, % of GDP
13.4%
2023
16.8%
2024
Agriculture, forestry, and fishing, % of GDP
34.7%
2023
7.11%
2024
GNI, Atlas method
$15.5B
2023
$16.5B
2024
GNI per capita, PPP
$2,210
2023
$18,710
2024
Total reserves including gold
$9.75B
2020
$5.48B
2024
Total reserves ranking
78/177
2020
96/177
2024
Net foreign direct investment
$24.3M
2020
-$360M
2024
Net inflows of foreign direct investment
$0
2024
$458M
2024
Net outflows of foreign direct investment
$0
2024
$98.4M
2024
Servicing debt to the IMF, % of GNI
0.25%
2023
6.22%
2024
Poverty at national poverty lines
47.1%
2019
31.6%
2023
Gross capital formation, % of GDP
15.3%
2023
21.1%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/afghanistan/moldova | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2021–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.