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Economy of China vs Moldova compared: GDP & Debt

Updated on by Georank

China has a GDP of $19.5T compared to $20.4B for Moldova, ranking 2/197 and 133/197 by economy size, respectively.

China has $19.3T in government debt (99.2% of GDP), compared to $7.45B (36.6% of GDP) in Moldova.

China vs Moldova GDP by year

China
Moldova
1x
Year GDP, current $
China Moldova
2025 $19,498,039,388,043 $20,351,796,275
2024 $18,729,668,435,848 $18,206,842,141
2023 $18,270,356,654,533 $16,711,906,746
2022 $18,316,765,021,690 $14,525,337,524
2021 $18,201,698,719,564 $13,691,869,264
2020 $14,996,414,166,715 $11,530,746,234
2019 $14,560,167,101,283 $11,736,797,055
2018 $14,147,765,772,964 $11,252,353,421
2017 $12,537,559,062,283 $9,514,404,016
2016 $11,456,024,084,962 $7,980,917,076
2015 $11,280,814,787,469 $7,797,667,197
2014 $10,674,533,168,257 $9,402,090,138
2013 $9,743,124,247,267 $9,496,717,876
2012 $8,673,664,713,189 $8,709,138,635
2011 $7,671,757,207,851 $8,414,352,020
2010 $6,192,564,874,453 $6,974,982,370
2009 $5,189,577,094,998 $5,439,434,272
2008 $4,667,346,414,522 $6,054,824,248
2007 $3,604,055,822,572 $4,401,173,152
2006 $2,791,498,472,804 $3,408,255,451
2005 $2,317,551,298,052 $2,988,342,907
2004 $1,984,196,551,300 $2,598,249,556
2003 $1,683,903,309,844 $1,980,907,435
2002 $1,489,821,682,051 $1,661,818,168
2001 $1,355,036,590,252 $1,480,673,594
2000 $1,223,754,919,971 $1,288,429,392
1999 $1,103,843,203,576 $1,170,782,957
1998 $1,037,134,141,760 $1,698,717,505
1997 $967,753,570,435 $1,930,081,169
1996 $868,523,936,530 $1,695,122,174
1995 $738,190,896,228 $1,752,999,370
1994 $566,929,539,493 $1,702,314,268
1993 $446,557,291,212 $2,371,813,324
1992 $428,502,354,788 $2,319,243,436
1991 $384,510,452,962 $3,094,565,871
1990 $361,560,229,446 $3,592,857,043
1989 $348,380,566,802 -
1988 $312,888,888,889 -
1987 $273,455,156,951 -
1986 $301,310,144,928 -
1985 $310,064,625,850 -
1984 $260,442,857,143 -
1983 $231,130,268,199 -
1982 $205,480,916,031 -
1981 $196,218,253,968 -
1980 $191,487,500,000 -
1979 $178,573,913,043 -
1978 $149,788,617,886 -
1977 $175,226,595,860 -
1976 $154,196,810,059 -
1975 $163,687,619,736 -
1974 $144,418,433,058 -
1973 $138,764,340,892 -
1972 $113,871,930,714 -
1971 $99,959,013,880 -
1970 $92,752,930,873 -
1969 $79,847,786,729 -
1968 $70,980,323,819 -
1967 $73,011,350,596 -
1966 $76,854,053,259 -
1965 $70,565,994,356 -
1964 $59,821,862,703 -
1963 $50,812,227,919 -
1962 $47,310,737,754 -
1961 $50,162,299,350 -
1960 $59,846,235,025 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in China vs Moldova by year

China
GDP per capita

GDP per capita, PPP
Moldova
GDP per capita

GDP per capita, PPP
1x
Year Current $
China Moldova
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $13,862 - $8,622 -
2024 $13,293 $27,105 $7,579 $18,615
2023 $12,951 $25,179 $6,800 $17,747
2022 $12,971 $23,032 $5,744 $16,453
2021 $12,887 $20,843 $5,275 $15,682
2020 $10,627 $18,267 $4,376 $13,527
2019 $10,343 $17,601 $4,405 $13,413
2018 $10,086 $16,298 $4,156 $11,868
2017 $8,980 $15,022 $3,453 $11,252
2016 $8,255 $14,157 $2,847 $10,326
2015 $8,175 $13,463 $2,750 $9,198
2014 $7,781 $12,942 $3,290 $8,643
2013 $7,147 $12,228 $3,321 $8,233
2012 $6,405 $11,420 $3,045 $7,255
2011 $5,704 $10,457 $2,941 $6,833
2010 $4,629 $9,411 $2,437 $6,323
2009 $3,898 $8,448 $1,898 $5,827
2008 $3,523 $7,713 $2,111 $6,153
2007 $2,735 $6,935 $1,531 $5,590
2006 $2,129 $5,946 $1,183 $5,271
2005 $1,778 $5,148 $1,034 $4,866
2004 $1,531 $4,505 $897 $4,378
2003 $1,307 $4,007 $682 $3,960
2002 $1,164 $3,591 $571 $3,633
2001 $1,065 $3,258 $507 $3,311
2000 $969 $2,964 $441 $3,045
1999 $881 $2,690 $399 $2,910
1998 $835 $2,483 $579 $2,965
1997 $787 $2,297 $657 $3,136
1996 $713 $2,088 $575 $3,021
1995 $613 $1,884 $594 $3,146
1994 $476 $1,680 $574 $3,111
1993 $379 $1,471 $797 $4,394
1992 $368 $1,276 $778 $4,337
1991 $334 $1,105 $1,038 $5,980
1990 $319 $991 $1,207 $6,895
1989 $311 - - -
1988 $284 - - -
1987 $252.3 - - -
1986 $282.4 - - -
1985 $295 - - -
1984 $251.2 - - -
1983 $225.9 - - -
1982 $203.7 - - -
1981 $197.4 - - -
1980 $195.1 - - -
1979 $184.3 - - -
1978 $156.7 - - -
1977 $185.7 - - -
1976 $165.7 - - -
1975 $178.6 - - -
1974 $160.4 - - -
1973 $157.3 - - -
1972 $132.1 - - -
1971 $118.8 - - -
1970 $113.3 - - -
1969 $100.3 - - -
1968 $91.6 - - -
1967 $96.8 - - -
1966 $104.5 - - -
1965 $98.7 - - -
1964 $85.7 - - -
1963 $74.5 - - -
1962 $71.1 - - -
1961 $76 - - -
1960 $89.7 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

China's GDP per capita is $13,862, ranking 77/197, compared to $8,622 in Moldova, ranking 93/197. Adjusted for purchasing power (GDP per capita PPP), China ranks 77th at $27,105, while Moldova ranks 100th at $18,615.

Economic indicators

China Moldova
Gross domestic product
$19.5T
2025
$20.4B
2025
GDP rank
2/197
2025
133/197
2025
GDP growth
4.96%
2024-2025
2.42%
2024-2025
GDP per capita
$13,862
2025
$8,622
2025
GDP per capita rank
77/197
2025
93/197
2025
GDP per capita, PPP
$27,105
2024
$18,615
2024
GDP per capita PPP rank
77/197
2024
100/197
2024
Government debt
$19.3T
2025
$7.45B
2025
Debt-to-GDP ratio
99.2%
2025
36.6%
2025
Government debt per person
$13,756
2025
$3,158
2025
Government debt per person rank
47/185
2025
103/185
2025
Average annual personal income after taxes
$10,414
2026
$4,301
2026
Market capitalization of domestic companies
$15.5T
2025
n/a
Number of millionaires
5,305,000
2026
n/a
Number of billionaires
539
2026
n/a
Income share by richest 10%
28.4%
2022
22.8%
2023
Income share by poorest 10%
3.1%
2022
4.3%
2023
Government expenditure, % of GDP
32.9%
2025
39.4%
2025
Consumer prices inflation
0%
2024-2025
7.76%
2024-2025
Central bank interest rate
3%
2025
6.5%
2026
Unemployment rate
4.57%
2022
1.28%
2025
Population
1403335670
2328600

Spending and national debt comparison by year

China
Spending

Debt
Moldova
Spending

Debt
1x
Year % of GDP
China Moldova
Government spending Government debt Government spending Government debt
2025 32.9% 99.2% 39.4% 36.6%
2024 32.9% 90.4% 38% 38.8%
2023 32.7% 84.1% 38.8% 34.9%
2022 32.6% 77.3% 36.6% 35%
2021 31.9% 72.1% 34.6% 33.6%
2020 34.8% 70.1% 36.7% 36.6%
2019 33.6% 59.8% 32% 28.8%
2018 32.6% 55.9% 31.5% 31.8%
2017 32% 53.9% 31% 34.9%
2016 31.7% 50% 30.5% 39.7%
2015 31% 40.8% 31.7% 42.1%
2014 28.4% 39.3% 33.8% 35.4%
2013 28.1% 36.4% 32.4% 30%
2012 27.7% 33.8% 33.7% 31.3%
2011 26.6% 33.2% 32.6% 24.2%
2010 24.7% 33.3% 34.1% 25.5%
2009 25.2% 34% 45.3% 32.6%
2008 22.2% 26.7% 41.5% 22.2%
2007 17.9% 28.7% 42.7% 28.3%
2006 18.1% 25.2% 40.3% 35%
2005 18% 25.9% 37.1% 40.4%
2004 17.6% 26% 34.8% 49.3%
2003 18% 26.4% 33.5% 68.1%
2002 18.2% 25.6% 30.7% 80.3%
2001 17.2% 24.3% 29.5% 85.4%
2000 16.1% 22.7% 34% 89.1%
1999 14.9% 21.6% 33% 150.7%
1998 12.6% 20.4% 39.1% 159.4%
1997 11.5% 20.4% 46% 89%
1996 11% 21.2% 43.3% 87.5%
1995 11.1% 21.4% 42% 79.5%
1994 12.4% - - -
1993 13.4% - - -
1992 14.6% - - -
1991 16.5% - - -
1990 18.2% - - -
1989 18.6% - - -
1988 20.9% 4.46% - -
1987 23.4% 3.6% - -
1986 25.6% 3.24% - -
1985 25.8% 3.31% - -
1984 26.9% 0.97% - -
1983 28.3% - - -
1982 27.9% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-07-08).

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

In 2025, China's government spending was $6.41T, accounting for 32.9% of its GDP, while Moldova spent $8.02B, or 39.4% of GDP.

Debt-to-GDP ratio is 99.2% in China and 36.6% in Moldova, ranking 26/185 and 140/185, respectively.

Government deficit by year

Deficit/surplus
China

Moldova
1x
Year Deficit/surplus, % of GDP
China Moldova
2025 -7.87% -3.87%
2024 -7.11% -4.02%
2023 -6.71% -5.13%
2022 -7.32% -3.24%
2021 -5.9% -2.62%
2020 -9.56% -5.32%
2019 -6% -1.47%
2018 -4.2% -0.85%
2017 -3.34% -0.65%
2016 -3.33% -1.56%
2015 -2.5% -1.93%
2014 -0.67% -1.6%
2013 -0.82% -1.57%
2012 -0.3% -1.93%
2011 -0.1% -2.05%
2010 -0.36% -2.18%
2009 -1.72% -6.38%
2008 -0.02% -0.87%
2007 0.06% 0.15%
2006 -1.13% -0.42%
2005 -1.38% 1.44%
2004 -1.49% 0.59%
2003 -2.36% 0.47%
2002 -2.84% -1.18%
2001 -2.56% -0.34%
2000 -2.81% -3.55%
1999 -2.3% -2.64%
1998 -1.08% -1.52%
1997 -0.73% -7.47%
1996 -0.73% -7.42%
1995 -0.94% -2.58%
1994 -1.68% -
1993 -0.89% -
1992 -1.22% -
1991 -1.04% -
1990 -0.72% -
1989 -0.91% -
1988 -2.22% -
1987 -2.08% -
1986 -1.82% -
1985 -0.45% -
1984 -1.44% -
1983 -1.61% -
1982 -1.33% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-07-08).

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

In 2025, China's government deficit, the difference between spending and revenue, was $1.53T, equivalent to 7.87% of GDP. This compares to Moldova's deficit of $788M, or 3.87% of GDP.

Over the past 31 years, China recorded a fiscal deficit in 30 of those years, while Moldova ran a deficit in 27 years. On average, China posted an annual deficit equal to 2.84% of GDP, compared to deficit of 2.31% of GDP for Moldova.

Inflation comparison by year

Inflation
China

Moldova
1x
Year Consumer prices inflation
China Moldova
2025 0% 7.76%
2024 0.2% 4.68%
2023 0.2% 13.4%
2022 2% 28.7%
2021 0.9% 5.11%
2020 2.5% 3.77%
2019 2.9% 4.84%
2018 2.1% 3.05%
2017 1.6% 6.57%
2016 2% 6.36%
2015 1.4% 9.68%
2014 2% 5.09%
2013 2.6% 4.6%
2012 2.6% 4.55%
2011 5.4% 7.69%
2010 3.3% 7.48%
2009 -0.7% -0.06%
2008 5.8% 12.8%
2007 4.8% 12.4%
2006 1.5% 12.8%
2005 1.8% 12%
2004 3.9% 12.5%
2003 1.2% 11.7%
2002 -0.8% 5.3%
2001 0.7% 9.76%
2000 0.4% 31.3%
1999 -1.4% 39.3%
1998 -0.8% 7.7%
1997 2.8% 11.8%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, China has recorded an average annual inflation rate of 1.76%, compared with 10.4% in Moldova. In 2025, inflation was 0% in China and 7.76% in Moldova.

Top exports between countries

China
Export category Export value
Machinery & equipment $262M
Textiles & consumer goods $48.7M
Chemicals & pharma $33.2M
Raw materials & minerals $19.2M
Metals $19.1M
Processed food, beverages & tobacco $17.4M
Raw agricultural goods $8.94M
Wood & paper products $5.54M
Miscellaneous $5.53M
Weapons & explosives $959K
Moldova
Export category Export value
Textiles & consumer goods $3.87M
Processed food, beverages & tobacco $3.32M
Animal & marine products $800K
Machinery & equipment $792K
Chemicals & pharma $517K
Raw agricultural goods $74K
Raw materials & minerals $34K
Wood & paper products $12K
Metals $9K
Precious metals & jewellery $3K

Balance of trade

China Moldova
Current account balance
$735B
2025
-$4B
2025
Current account balance ranking
1/190
2025
158/190
2025
Current account balance, % of GDP
+3.77%
2025
-19.6%
2025
Goods imports
$2.69T
2025
$10.1B
2025
Goods exports
$3.75T
2025
$3.23B
2025
Service imports
$623B
2025
$2.17B
2025
Service exports
$385B
2025
$3.22B
2025
Imports of goods and services, % of GDP
16.9%
2025
60.9%
2025
Exports of goods and services, % of GDP
21.1%
2025
31.8%
2025

Economic freedom indices

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

China Moldova
Economic freedom 48.3 58.1
Economic freedom ranking 170/197 112/197
Property rights 40.9 40.4
Government integrity 42.3 45.1
Judicial effectiveness 38.6 32.4
Tax burden 69.3 87.9
Government spending 67.8 57.2
Fiscal health 4.4 70.3
Business freedom 68.7 68.3
Labor freedom 57.9 48.1
Monetary freedom 76.1 66
Trade freedom 73.4 76.8
Investment freedom 20 55
Financial freedom 20 50

Economic freedom comparison by year

China
Moldova
1x
Year Economic freedom index
China Moldova
2026 48.3 58.1
2025 49 58.3
2024 48.5 57.1
2023 48.3 58.5
2022 48 61.3
2021 58.4 62.5
2020 59.5 62
2019 58.4 59.1
2018 57.8 58.4
2017 57.4 58
2016 52 57.4
2015 52.7 57.5
2014 52.5 57.3
2013 51.9 55.5
2012 51.2 54.4
2011 52 55.7
2010 51 53.7
2009 53.2 54.9
2008 53.1 57.9
2007 52 58.7
2006 53.6 58
2005 53.7 57.4
2004 52.5 57.1
2003 52.6 60
2002 52.8 57.4
2001 52.6 54.9
2000 56.4 59.6
1999 54.8 56.1
1998 53.1 53.5
1997 51.7 48.9
1996 51.3 52.5
1995 52 33

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for China is 48.3, ranking 170/197, 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

China Moldova
Services, % of GDP
57.7%
2025
61.5%
2025
Industry, % of GDP
35.6%
2025
16.9%
2025
Agriculture, forestry, and fishing, % of GDP
6.66%
2025
7.38%
2025
GNI, Atlas method
$20T
2025
$19B
2025
GNI per capita, PPP
$29,160
2025
$19,990
2025
Total reserves including gold
$3.75T
2025
$6.01B
2025
Total reserves ranking
1/177
2025
97/177
2025
Net foreign direct investment
$77.2B
2025
-$360M
2025
Net inflows of foreign direct investment
$42.6B
2024
$458M
2024
Net outflows of foreign direct investment
$192B
2024
$98.4M
2024
Servicing debt to the IMF, % of GNI
1.9%
2024
6.22%
2024
Poverty at national poverty lines
0%
2020
31.6%
2023
Gross capital formation, % of GDP
40.5%
2024
24.2%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-07-08)
  6. TradeMap (2024–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.