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Economy of Moldova vs Pakistan compared: GDP & Debt

Updated on by Georank team

Moldova has a GDP of $18.2B compared to $372B for Pakistan, ranking 134/197 and 43/197 by economy size, respectively.

Moldova has $7.06B in government debt (38.8% of GDP), compared to $262B (70.4% of GDP) in Pakistan.

Moldova vs Pakistan GDP by year

Moldova
Pakistan
1x
Year GDP, current $
Moldova Pakistan
2024 $18,200,340,854 $371,570,000,121
2023 $16,711,906,746 $336,686,348,609
2022 $14,525,337,524 $374,890,295,667
2021 $13,691,869,264 $348,516,647,445
2020 $11,530,746,234 $300,425,609,818
2019 $11,736,797,055 $320,909,472,771
2018 $11,252,353,421 $356,128,166,705
2017 $9,514,404,016 $339,205,534,861
2016 $7,980,917,076 $313,630,000,130
2015 $7,797,667,197 $299,963,590,535
2014 $9,402,090,138 $271,390,474,858
2013 $9,496,717,876 $258,657,231,672
2012 $8,709,138,635 $250,106,966,105
2011 $8,414,352,020 $230,586,581,060
2010 $6,974,982,370 $196,709,621,850
2009 $5,439,434,272 $187,337,783,856
2008 $6,054,824,248 $202,203,748,584
2007 $4,401,173,152 $184,140,869,997
2006 $3,408,255,451 $161,871,385,506
2005 $2,988,342,907 $145,208,562,961
2004 $2,598,249,556 $132,216,048,339
2003 $1,980,907,435 $112,371,913,741
2002 $1,661,818,168 $97,923,302,809
2001 $1,480,673,594 $97,145,618,480
2000 $1,288,429,392 $99,484,802,345
1999 $1,170,782,957 $62,973,857,069
1998 $1,698,717,505 $62,191,955,814
1997 $1,930,081,169 $62,433,340,468
1996 $1,695,122,174 $63,320,170,084
1995 $1,752,999,370 $60,636,071,684
1994 $1,702,314,268 $52,293,470,813
1993 $2,371,813,324 $51,809,999,353
1992 $2,319,243,436 $48,884,671,947
1991 $3,094,565,871 $45,625,336,680
1990 $3,592,857,043 $40,010,423,970
1989 - $40,171,106,279
1988 - $38,472,742,808
1987 - $33,351,529,275
1986 - $31,899,070,056
1985 - $31,144,920,844
1984 - $31,151,825,467
1983 - $28,691,889,764
1982 - $30,725,971,564
1981 - $28,100,606,061
1980 - $23,654,444,444
1979 - $19,688,383,838
1978 - $17,811,515,152
1977 - $15,126,060,606
1976 - $13,168,080,808
1975 - $11,230,606,061
1974 - $8,899,191,919
1973 - $6,383,429,490
1972 - $9,415,016,360
1971 - $10,665,896,682
1970 - $10,027,509,450
1969 - $8,683,116,338
1968 - $8,041,999,160
1967 - $7,464,510,710
1966 - $6,561,108,778
1965 - $5,929,231,415
1964 - $5,204,955,901
1963 - $4,630,827,383
1962 - $4,310,163,797
1961 - $4,118,647,627
1960 - $3,749,265,015

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Moldova vs Pakistan by year

Moldova
GDP per capita

GDP per capita, PPP
Pakistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Moldova Pakistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $7,576 $18,615 $1,479 $6,252
2023 $6,800 $17,747 $1,360 $6,014
2022 $5,744 $16,453 $1,538 $5,920
2021 $5,275 $15,682 $1,455 $5,367
2020 $4,376 $13,527 $1,278 $5,048
2019 $4,405 $13,413 $1,390 $5,038
2018 $4,156 $11,868 $1,569 $4,979
2017 $3,453 $11,252 $1,519 $4,790
2016 $2,847 $10,326 $1,425 $4,631
2015 $2,750 $9,198 $1,380 $4,480
2014 $3,290 $8,643 $1,267 $4,313
2013 $3,321 $8,233 $1,225 $4,174
2012 $3,045 $7,255 $1,204 $4,047
2011 $2,941 $6,833 $1,132 $3,880
2010 $2,437 $6,323 $987 $3,786
2009 $1,898 $5,827 $964 $3,777
2008 $2,111 $6,153 $1,067 $3,721
2007 $1,531 $5,590 $998 $3,672
2006 $1,183 $5,271 $901 $3,515
2005 $1,034 $4,866 $828 $3,293
2004 $897 $4,378 $772 $3,048
2003 $682 $3,960 $672 $2,822
2002 $571 $3,633 $600 $2,688
2001 $507 $3,311 $610 $2,644
2000 $441 $3,045 $642 $2,565
1999 $399 $2,910 $418 $2,475
1998 $579 $2,965 $424 $2,419
1997 $657 $3,136 $438 $2,398
1996 $575 $3,021 $457 $2,401
1995 $594 $3,146 $451 $2,315
1994 $574 $3,111 $400 $2,224
1993 $797 $4,394 $408 $2,160
1992 $778 $4,337 $396 $2,132
1991 $1,038 $5,980 $380 $1,992
1990 $1,207 $6,895 $344 $1,895
1989 - - $358 -
1988 - - $354 -
1987 - - $317 -
1986 - - $314 -
1985 - - $317 -
1984 - - $327 -
1983 - - $311 -
1982 - - $345 -
1981 - - $328 -
1980 - - $287.4 -
1979 - - $249.2 -
1978 - - $233.4 -
1977 - - $204.7 -
1976 - - $183.9 -
1975 - - $161.7 -
1974 - - $132 -
1973 - - $97.5 -
1972 - - $148.1 -
1971 - - $172.5 -
1970 - - $166.7 -
1969 - - $148.5 -
1968 - - $141.6 -
1967 - - $135.2 -
1966 - - $122.2 -
1965 - - $113.6 -
1964 - - $102.5 -
1963 - - $93.7 -
1962 - - $89.5 -
1961 - - $87.8 -
1960 - - $82 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Moldova's GDP per capita is $7,576, ranking 99/197, compared to $1,479 in Pakistan, ranking 163/197. Adjusted for purchasing power (GDP per capita PPP), Moldova ranks 100th at $18,615, while Pakistan ranks 150th at $6,252.

Economic indicators

Moldova Pakistan
Gross domestic product
$18.2B
2024
$372B
2024
GDP rank
134/197
2024
43/197
2024
GDP growth
0.1%
2023-2024
3.05%
2023-2024
GDP per capita
$7,576
2024
$1,479
2024
GDP per capita rank
99/197
2024
163/197
2024
GDP per capita, PPP
$18,615
2024
$6,252
2024
GDP per capita PPP rank
100/197
2024
150/197
2024
Government debt
$7.06B
2024
$262B
2024
Debt-to-GDP ratio
38.8%
2024
70.4%
2024
Government debt per person
$2,938
2024
$1,041
2024
Government debt per person rank
102/185
2024
140/185
2024
Average annual personal income after taxes
$4,291
2026
$1,668
2026
Market capitalization of domestic companies n/a
$52.1B
2024
Income share by richest 10%
22.8%
2023
25.5%
2018
Income share by poorest 10%
4.3%
2023
4.2%
2018
Government expenditure, % of GDP
38%
2024
19.5%
2024
Consumer prices inflation
4.68%
2023-2024
12.6%
2023-2024
Central bank interest rate
6%
2025
10.5%
2025
Unemployment rate
1.43%
2024
6.96%
2025
Population
2341166
260356147

Spending and national debt comparison by year

Moldova
Spending

Debt
Pakistan
Spending

Debt
1x
Year % of GDP
Moldova Pakistan
Government spending Government debt Government spending Government debt
2024 38% 38.8% 19.5% 70.4%
2023 38.8% 34.9% 19.3% 78.5%
2022 36.6% 35% 20% 77.3%
2021 34.6% 33.6% 18.5% 74.7%
2020 36.7% 36.6% 20.3% 80.8%
2019 32% 28.8% 19.1% 78.7%
2018 31.5% 31.8% 19.1% 66.3%
2017 31% 34.9% 19.1% 62.1%
2016 30.5% 39.7% 17.7% 62.1%
2015 31.7% 42.1% 17.8% 59.1%
2014 33.8% 35.4% 18.1% 58.8%
2013 32.4% 30% 19.5% 59.2%
2012 33.7% 31.3% 19.4% 58.4%
2011 32.6% 24.2% 17.9% 56.2%
2010 34.1% 25.5% 18.3% 56.7%
2009 45.3% 32.6% 17.3% 54.6%
2008 41.5% 22.2% 18% 49.5%
2007 42.7% 28.3% 16.1% 44.2%
2006 40.3% 35% 14.5% 46.2%
2005 37.1% 40.4% 13% 47.9%
2004 34.8% 49.3% 12.1% 50.6%
2003 33.5% 68.1% 12.9% 56.3%
2002 30.7% 80.3% 14.4% 60.5%
2001 29.5% 85.4% 12.9% 65.1%
2000 34% 89.1% 13.8% 61.7%
1999 33% 150.7% 13.2% 60.7%
1998 39.1% 159.4% 14.1% 53.8%
1997 46% 89% 13.7% 52.8%
1996 43.3% 87.5% 15% 52.5%
1995 42% 79.5% 14% 52.3%
1994 - - 14.5% 58.5%
1993 - - 17% 57.9%
1992 - - 22.6% 53.3%
1991 - - 21.4% 55.8%
1990 - - 23.9% 48.3%
1989 - - 26.1% 46.6%
1988 - - 27.9% 45%
1987 - - 29.5% 44.4%
1986 - - 27.6% 43.1%
1985 - - 28.3% 37%
1984 - - 25.4% 33.4%
1983 - - 24.8% 33.6%
1982 - - 24.5% 33.8%
1981 - - 21.6% 29.7%
1980 - - 22% 33.3%
1979 - - 25.3% 36.8%
1978 - - 25.5% 36.1%
1977 - - 20.4% 36.4%
1976 - - 21% 35.8%
1975 - - 20.4% 32.1%
1974 - - 15.3% 38%
1973 - - 13.9% 43.4%
1972 - - 13.5% 88.7%
1971 - - 22.1% 33.2%
1970 - - 23.6% 31.6%
1969 - - 15.6% 29.1%
1968 - - 13.7% 27.5%
1967 - - 12.9% 25.9%
1966 - - 12.2% 25.1%
1965 - - 11.2% 22.7%
1964 - - 12.1% 21.3%
1963 - - 14.7% 19.2%
1962 - - 11.8% 16.6%
1961 - - 10.6% 19.6%
1960 - - 10% 19.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1993–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1993, retrieved 2026-02-20).

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

In 2024, Moldova's government spending was $6.91B, accounting for 38% of its GDP, while Pakistan spent $72.4B, or 19.5% of GDP.

Debt-to-GDP ratio is 38.8% in Moldova and 70.4% in Pakistan, ranking 137/185 and 56/185, respectively.

Government deficit by year

Deficit/surplus
Moldova

Pakistan
1x
Year Deficit/surplus, % of GDP
Moldova Pakistan
2024 -3.88% -6.81%
2023 -5.13% -7.76%
2022 -3.24% -7.84%
2021 -2.62% -6.04%
2020 -5.32% -7.03%
2019 -1.47% -7.79%
2018 -0.85% -5.67%
2017 -0.65% -5.17%
2016 -1.56% -3.92%
2015 -1.93% -4.74%
2014 -1.6% -4.37%
2013 -1.57% -7.48%
2012 -1.93% -7.74%
2011 -2.05% -6.23%
2010 -2.18% -5.42%
2009 -6.38% -4.53%
2008 -0.87% -5.94%
2007 0.15% -4.23%
2006 -0.42% -2.79%
2005 1.44% -2.29%
2004 0.59% -1.29%
2003 0.47% -0.12%
2002 -1.18% -2.64%
2001 -0.34% -2.45%
2000 -3.55% -3.21%
1999 -2.64% -3.07%
1998 -1.52% -4.46%
1997 -7.47% -3.87%
1996 -7.42% -4.33%
1995 -2.58% -3.9%
1994 - -3.63%
1993 - -5.53%
1992 - -11.3%
1991 - -10.8%
1990 - -11.9%
1989 - -7.01%
1988 - -9.35%
1987 - -11.7%
1986 - -9.79%
1985 - -10.6%
1984 - -8.9%
1983 - -7.55%
1982 - -8.24%
1981 - -5.83%
1980 - -5.32%
1979 - -11.6%
1978 - -12.4%
1977 - -8.74%
1976 - -9.05%
1975 - -8.97%
1974 - -4.45%
1973 - -3.99%
1972 - -3.16%
1971 - -7.45%
1970 - -10.8%
1969 - -7.08%
1968 - -5.56%
1967 - -4.27%
1966 - -4.48%
1965 - -3.28%
1964 - -4.89%
1963 - -6.55%
1962 - -3.39%
1961 - -4.6%
1960 - -3.83%
1959 - -3.71%
1958 - -4.2%
1957 - -2.21%
1956 - -2.36%
1955 - -2%
1954 - -3.18%
1953 - -2.66%
1952 - -0.73%
1951 - 0.63%
1950 - -1.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1992, retrieved 2026-02-20).

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

In 2024, Moldova's government deficit, the difference between spending and revenue, was $707M, equivalent to 3.88% of GDP. This compares to Pakistan's deficit of $25.3B, or 6.81% of GDP.

Over the past 30 years, Moldova recorded a fiscal deficit in 26 of those years, while Pakistan ran a deficit in 30 years. On average, Moldova posted an annual deficit equal to 2.26% of GDP, compared to deficit of 4.77% of GDP for Pakistan.

Inflation comparison by year

Inflation
Moldova

Pakistan
1x
Year Consumer prices inflation
Moldova Pakistan
2024 4.68% 12.6%
2023 13.4% 30.8%
2022 28.7% 19.9%
2021 5.11% 9.5%
2020 3.77% 9.74%
2019 4.84% 10.6%
2018 3.05% 5.08%
2017 6.57% 4.09%
2016 6.36% 3.77%
2015 9.68% 2.53%
2014 5.09% 7.19%
2013 4.6% 7.69%
2012 4.55% 9.68%
2011 7.69% 11.9%
2010 7.48% 12.9%
2009 -0.06% 13.6%
2008 12.8% 20.3%
2007 12.4% 7.6%
2006 12.8% 7.92%
2005 12% 9.06%
2004 12.5% 7.44%
2003 11.7% 2.91%
2002 5.3% 3.29%
2001 9.76% 3.15%
2000 31.3% 4.37%
1999 39.3% 4.14%
1998 7.7% 6.23%
1997 11.8% 11.4%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Moldova has recorded an average annual inflation rate of 10.5%, compared with 9.26% in Pakistan. In 2024, inflation was 4.68% in Moldova and 12.6% in Pakistan.

Top exports between countries

Moldova
Export category Export value
Machinery & equipment $92K
Raw agricultural goods $64K
Pakistan
Export category Export value
Machinery & equipment $142K
Textiles & consumer goods $127K
Chemicals & pharma $93K
Miscellaneous $5K

Balance of trade

Moldova Pakistan
Current account balance
-$3.01B
2024
$496M
2024
Current account balance ranking
156/190
2024
63/190
2024
Current account balance, % of GDP
-16.6%
2024
+0.13%
2024
Goods imports
$8.63B
2024
$55.6B
2024
Goods exports
$3.01B
2024
$32.1B
2024
Service imports
$1.8B
2024
$11.2B
2024
Service exports
$2.73B
2024
$8.1B
2024
Imports of goods and services, % of GDP
57.3%
2024
17.2%
2024
Exports of goods and services, % of GDP
31.4%
2024
10.4%
2024

Economic freedom indices

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

Moldova Pakistan
Economic freedom 58.1 48.9
Economic freedom ranking 112/197 168/197
Property rights 40.4 25.7
Government integrity 45.1 26.3
Judicial effectiveness 32.4 27.6
Tax burden 87.9 78.2
Government spending 57.2 88.5
Fiscal health 70.3 10.1
Business freedom 68.3 54.4
Labor freedom 48.1 51.7
Monetary freedom 66 54.1
Trade freedom 76.8 70.4
Investment freedom 55 60
Financial freedom 50 40

Economic freedom comparison by year

Moldova
Pakistan
1x
Year Economic freedom index
Moldova Pakistan
2026 58.1 48.9
2025 58.3 49.1
2024 57.1 49.5
2023 58.5 49.4
2022 61.3 48.8
2021 62.5 51.7
2020 62 54.8
2019 59.1 55
2018 58.4 54.4
2017 58 52.8
2016 57.4 55.9
2015 57.5 55.6
2014 57.3 55.2
2013 55.5 55.1
2012 54.4 54.7
2011 55.7 55.1
2010 53.7 55.2
2009 54.9 57
2008 57.9 55.6
2007 58.7 57.2
2006 58 57.9
2005 57.4 53.3
2004 57.1 54.9
2003 60 55
2002 57.4 55.8
2001 54.9 56
2000 59.6 56.4
1999 56.1 53
1998 53.5 53.2
1997 48.9 56
1996 52.5 58.4
1995 33 57.6

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

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

The Economic Freedom Index for Moldova is 58.1, ranking 112/197, compared to 48.9 for Pakistan, ranking 168/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Moldova Pakistan
Services, % of GDP
62.3%
2024
50.7%
2024
Industry, % of GDP
16.8%
2024
20.2%
2024
Agriculture, forestry, and fishing, % of GDP
7.11%
2024
23.7%
2024
GNI, Atlas method
$16.5B
2024
$358B
2024
GNI per capita, PPP
$18,710
2024
$6,100
2024
Total reserves including gold
$5.48B
2024
$18.4B
2024
Total reserves ranking
96/177
2024
63/177
2024
Net foreign direct investment
-$360M
2024
-$2.58B
2024
Net inflows of foreign direct investment
$458M
2024
$2.66B
2024
Net outflows of foreign direct investment
$98.4M
2024
$84M
2024
Servicing debt to the IMF, % of GNI
6.22%
2024
4.5%
2024
Poverty at national poverty lines
31.6%
2023
21.9%
2018
Gross capital formation, % of GDP
21.1%
2024
13.2%
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/moldova/pakistan | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1993, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.