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Economy of Moldova vs Qatar compared: GDP & Debt

Updated on by Georank

Moldova has a GDP of $20.4B compared to $216B for Qatar, ranking 133/197 and 56/197 by economy size, respectively.

Moldova has $7.45B in government debt (36.6% of GDP), compared to $89.2B (41.4% of GDP) in Qatar.

Moldova vs Qatar GDP by year

Moldova
Qatar
1x
Year GDP, current $
Moldova Qatar
2025 $20,351,796,275 $215,559,615,385
2024 $18,206,842,141 $216,294,505,495
2023 $16,711,906,746 $213,002,809,341
2022 $14,525,337,524 $235,709,325,714
2021 $13,691,869,264 $179,732,009,560
2020 $11,530,746,234 $144,411,363,352
2019 $11,736,797,055 $176,371,267,692
2018 $11,252,353,421 $183,334,953,819
2017 $9,514,404,016 $161,099,122,225
2016 $7,980,917,076 $151,732,181,868
2015 $7,797,667,197 $161,739,955,577
2014 $9,402,090,138 $206,224,598,571
2013 $9,496,717,876 $198,727,642,967
2012 $8,709,138,635 $186,833,502,363
2011 $8,414,352,020 $167,775,274,725
2010 $6,974,982,370 $125,122,252,747
2009 $5,439,434,272 $97,798,351,648
2008 $6,054,824,248 $115,269,780,220
2007 $4,401,173,152 $79,711,813,187
2006 $3,408,255,451 $60,882,142,857
2005 $2,988,342,907 $44,530,494,505
2004 $2,598,249,556 $31,734,065,934
2003 $1,980,907,435 $23,533,791,209
2002 $1,661,818,168 $19,363,736,264
2001 $1,480,673,594 $17,538,461,538
2000 $1,288,429,392 $17,759,890,110
1999 $1,170,782,957 $12,393,131,868
1998 $1,698,717,505 $10,255,494,505
1997 $1,930,081,169 $11,297,802,198
1996 $1,695,122,174 $9,059,340,659
1995 $1,752,999,370 $8,137,912,088
1994 $1,702,314,268 $7,374,450,549
1993 $2,371,813,324 $7,156,593,407
1992 $2,319,243,436 $7,646,153,846
1991 $3,094,565,871 $6,883,516,484
1990 $3,592,857,043 $7,360,439,560
1989 - $6,487,912,088
1988 - $6,038,186,813
1987 - $5,446,428,571
1986 - $5,053,021,978
1985 - $6,153,296,703
1984 - $6,870,329,670
1983 - $6,484,890,110
1982 - $7,611,263,736
1981 - $8,672,527,473
1980 - $7,837,915,956
1979 - $5,632,962,997
1978 - $4,052,000,413
1977 - $3,617,564,638
1976 - $3,284,273,987
1975 - $2,512,773,166
1974 - $2,401,403,227
1973 - $793,885,560
1972 - $510,262,500
1971 - $387,703,106
1970 - $301,791,302

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

GDP per capita in Moldova vs Qatar by year

Moldova
GDP per capita

GDP per capita, PPP
Qatar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Moldova Qatar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $8,622 - $72,525 -
2024 $7,579 $18,615 $75,685 $126,046
2023 $6,800 $17,747 $80,196 $129,368
2022 $5,744 $16,453 $88,701 $122,921
2021 $5,275 $15,682 $71,752 $116,833
2020 $4,376 $13,527 $51,684 $82,149
2019 $4,405 $13,413 $66,841 $107,503
2018 $4,156 $11,868 $71,040 $110,033
2017 $3,453 $11,252 $63,280 $99,358
2016 $2,847 $10,326 $61,254 $89,935
2015 $2,750 $9,198 $68,985 $102,546
2014 $3,290 $8,643 $95,841 $148,389
2013 $3,321 $8,233 $103,697 $169,203
2012 $3,045 $7,255 $108,470 $180,939
2011 $2,941 $6,833 $103,262 $174,620
2010 $2,437 $6,323 $77,387 $151,646
2009 $1,898 $5,827 $60,786 $125,898
2008 $2,111 $6,153 $80,781 $126,015
2007 $1,531 $5,590 $65,954 $124,056
2006 $1,183 $5,271 $62,582 $127,181
2005 $1,034 $4,866 $53,950 $115,250
2004 $897 $4,378 $41,036 $110,958
2003 $682 $3,960 $31,602 $94,120
2002 $571 $3,633 $27,227 $93,177
2001 $507 $3,311 $25,871 $89,805
2000 $441 $3,045 $27,535 $88,849
1999 $399 $2,910 $20,234 $84,690
1998 $579 $2,965 $17,665 $84,486
1997 $657 $3,136 $20,523 $79,219
1996 $575 $3,021 $17,125 $62,331
1995 $594 $3,146 $15,823 $60,321
1994 $574 $3,111 $14,765 $59,415
1993 $797 $4,394 $14,770 $59,125
1992 $778 $4,337 $16,280 $60,387
1991 $1,038 $5,980 $15,133 $54,759
1990 $1,207 $6,895 $16,722 $55,659
1989 - - $15,243 -
1988 - - $14,682 -
1987 - - $13,719 -
1986 - - $13,213 -
1985 - - $16,815 -
1984 - - $19,749 -
1983 - - $19,669 -
1982 - - $24,431 -
1981 - - $29,543 -
1980 - - $28,407 -
1979 - - $21,777 -
1978 - - $16,757 -
1977 - - $16,058 -
1976 - - $15,710 -
1975 - - $13,014 -
1974 - - $13,540 -
1973 - - $4,905 -
1972 - - $3,483 -
1971 - - $2,952 -
1970 - - $2,594 -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

Moldova's GDP per capita is $8,622, ranking 93/197, compared to $72,525 in Qatar, ranking 13/197. Adjusted for purchasing power (GDP per capita PPP), Moldova ranks 100th at $18,615, while Qatar ranks 5th at $126,046.

Economic indicators

Moldova Qatar
Gross domestic product
$20.4B
2025
$216B
2025
GDP rank
133/197
2025
56/197
2025
GDP growth
2.42%
2024-2025
2.9%
2024-2025
GDP per capita
$8,622
2025
$72,525
2025
GDP per capita rank
93/197
2025
13/197
2025
GDP per capita, PPP
$18,615
2024
$126,046
2024
GDP per capita PPP rank
100/197
2024
5/197
2024
Government debt
$7.45B
2025
$89.2B
2025
Debt-to-GDP ratio
36.6%
2025
41.4%
2025
Government debt per person
$3,158
2025
$30,009
2025
Government debt per person rank
103/185
2025
24/185
2025
Average annual personal income after taxes
$4,301
2026
$37,042
2026
Market capitalization of domestic companies n/a
$177B
2025
Number of millionaires n/a
30,000
2026
Number of billionaires n/a
2
2026
Income share by richest 10%
22.8%
2023
25.8%
2017
Income share by poorest 10%
4.3%
2023
2.6%
2017
Government expenditure, % of GDP
39.4%
2025
27.1%
2025
Consumer prices inflation
7.76%
2024-2025
0.6%
2024-2025
Central bank interest rate
6.5%
2026
4.1%
2025
Unemployment rate
1.28%
2025
0.1%
2024
Population
2328600
3058826

Spending and national debt comparison by year

Moldova
Spending

Debt
Qatar
Spending

Debt
1x
Year % of GDP
Moldova Qatar
Government spending Government debt Government spending Government debt
2025 39.4% 36.6% 27.1% 41.4%
2024 38% 38.8% 26% 41.3%
2023 38.8% 34.9% 26.7% 42.8%
2022 36.6% 35% 24.3% 42.6%
2021 34.6% 33.6% 29.4% 58.4%
2020 36.7% 36.6% 34.7% 72.6%
2019 32% 28.8% 32.5% 62.1%
2018 31.5% 31.8% 28.9% 52.2%
2017 31% 34.9% 34.7% 51.6%
2016 30.5% 39.7% 40.1% 46.7%
2015 31.7% 42.1% 38.6% 35.5%
2014 33.8% 35.4% 32.3% 24.9%
2013 32.4% 30% 28.3% 30.9%
2012 33.7% 31.3% 31% 32.1%
2011 32.6% 24.2% 28.5% 33.5%
2010 34.1% 25.5% 32% 30.4%
2009 45.3% 32.6% 36.4% 36%
2008 41.5% 22.2% 23.5% 11.4%
2007 42.7% 28.3% 29.5% 9.37%
2006 40.3% 35% 29.5% 13.9%
2005 37.1% 40.4% 29% 19.1%
2004 34.8% 49.3% 29.9% 30.1%
2003 33.5% 68.1% 28.5% 38.8%
2002 30.7% 80.3% 31.6% 47.7%
2001 29.5% 85.4% 32.1% 59.2%
2000 34% 89.1% 29.8% 51.6%
1999 33% 150.7% 42.4% 81.8%
1998 39.1% 159.4% 55.1% 76.6%
1997 46% 89% 47.6% 54.4%
1996 43.3% 87.5% 55.2% 57.8%
1995 42% 79.5% 52.2% 50.2%
1994 - - 59.8% 54.8%
1993 - - 62.8% 46.3%
1992 - - 54.2% 19.9%
1991 - - 57.5% 21.8%
1990 - - 50% 12.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Moldova's government spending was $8.02B, accounting for 39.4% of its GDP, while Qatar spent $58.4B, or 27.1% of GDP.

Debt-to-GDP ratio is 36.6% in Moldova and 41.4% in Qatar, ranking 140/185 and 127/185, respectively.

Government deficit by year

Deficit/surplus
Moldova

Qatar
1x
Year Deficit/surplus, % of GDP
Moldova Qatar
2025 -3.87% -1%
2024 -4.02% 0.71%
2023 -5.13% 5.51%
2022 -3.24% 10.4%
2021 -2.62% 0.24%
2020 -5.32% -2.13%
2019 -1.47% 1%
2018 -0.85% 2.26%
2017 -0.65% -6.82%
2016 -1.56% -9.2%
2015 -1.93% 18.4%
2014 -1.6% 13.4%
2013 -1.57% 19.3%
2012 -1.93% 8.55%
2011 -2.05% 5.24%
2010 -2.18% 4.6%
2009 -6.38% 14.1%
2008 -0.87% 9.49%
2007 0.15% 10.3%
2006 -0.42% 8.39%
2005 1.44% 9.8%
2004 0.59% 17.7%
2003 0.47% 6.71%
2002 -1.18% 7.89%
2001 -0.34% 4.48%
2000 -3.55% 4.62%
1999 -2.64% -4.35%
1998 -1.52% -7%
1997 -7.47% -9.4%
1996 -7.42% -8.73%
1995 -2.58% -5.78%
1994 - -11.8%
1993 - -9.53%
1992 - -2.74%
1991 - -2.57%
1990 - 3.23%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Moldova's government deficit, the difference between spending and revenue, was $788M, equivalent to 3.87% of GDP. This compares to Qatar's deficit of $2.16B, or 1% of GDP.

Over the past 31 years, Moldova recorded a fiscal deficit in 27 of those years, while Qatar ran a deficit in 9 years. On average, Moldova posted an annual deficit equal to 2.31% of GDP, compared to surplus of 4.15% of GDP for Qatar.

Inflation comparison by year

Inflation
Moldova

Qatar
1x
Year Consumer prices inflation
Moldova Qatar
2025 7.76% 0.6%
2024 4.68% 1.2%
2023 13.4% 3.1%
2022 28.7% 5%
2021 5.11% 2.3%
2020 3.77% -2.5%
2019 4.84% -0.9%
2018 3.05% 0.1%
2017 6.57% 0.6%
2016 6.36% 2.7%
2015 9.68% 0.9%
2014 5.09% 4.2%
2013 4.6% 3.1%
2012 4.55% 1.8%
2011 7.69% 2%
2010 7.48% -2.4%
2009 -0.06% -4.9%
2008 12.8% 15.1%
2007 12.4% 13.7%
2006 12.8% 11.7%
2005 12% 9%
2004 12.5% 6.8%
2003 11.7% 2.3%
2002 5.3% 0.2%
2001 9.76% 1.7%
2000 31.3% 1.6%
1999 39.3% 2.2%
1998 7.7% 2.9%
1997 11.8% 2.7%

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/moldova/qatar | CC BY

Over the past 29 years, Moldova has recorded an average annual inflation rate of 10.4%, compared with 2.99% in Qatar. In 2025, inflation was 7.76% in Moldova and 0.6% in Qatar.

Top exports between countries

Moldova
Export category Export value
Animal & marine products $215K
Processed food, beverages & tobacco $202K
Raw agricultural goods $196K
Textiles & consumer goods $36K
Chemicals & pharma $34K
Qatar
Export category Export value
Chemicals & pharma $266K
Machinery & equipment $50K
Textiles & consumer goods $17K

Balance of trade

Moldova Qatar
Current account balance
-$4B
2025
$31.9B
2025
Current account balance ranking
158/190
2025
17/190
2025
Current account balance, % of GDP
-19.6%
2025
+14.8%
2025
Goods imports
$10.1B
2025
$34.3B
2025
Goods exports
$3.23B
2025
$90B
2025
Service imports
$2.17B
2025
$31.3B
2025
Service exports
$3.22B
2025
$24.4B
2025
Imports of goods and services, % of GDP
60.9%
2025
31.6%
2022
Exports of goods and services, % of GDP
31.8%
2025
68.6%
2022

Economic freedom indices

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

Moldova Qatar
Economic freedom 58.1 70.2
Economic freedom ranking 112/197 37/197
Property rights 40.4 66.2
Government integrity 45.1 53.5
Judicial effectiveness 32.4 41.5
Tax burden 87.9 99.9
Government spending 57.2 79.9
Fiscal health 70.3 96.6
Business freedom 68.3 68
Labor freedom 48.1 58.5
Monetary freedom 66 76
Trade freedom 76.8 81.8
Investment freedom 55 60
Financial freedom 50 60

Economic freedom comparison by year

Moldova
Qatar
1x
Year Economic freedom index
Moldova Qatar
2026 58.1 70.2
2025 58.3 70.2
2024 57.1 68.8
2023 58.5 68.6
2022 61.3 67.7
2021 62.5 72
2020 62 72.3
2019 59.1 72.6
2018 58.4 72.6
2017 58 73.1
2016 57.4 70.7
2015 57.5 70.8
2014 57.3 71.2
2013 55.5 71.3
2012 54.4 71.3
2011 55.7 70.5
2010 53.7 69
2009 54.9 65.8
2008 57.9 62.2
2007 58.7 62.9
2006 58 62.4
2005 57.4 63.5
2004 57.1 66.5
2003 60 65.9
2002 57.4 61.9
2001 54.9 60
2000 59.6 62
1999 56.1 62
1998 53.5 -
1997 48.9 -
1996 52.5 -
1995 33 -

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

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

The Economic Freedom Index for Moldova is 58.1, ranking 112/197, compared to 70.2 for Qatar, ranking 37/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Moldova Qatar
Services, % of GDP
61.5%
2025
47%
2025
Industry, % of GDP
16.9%
2025
57%
2025
Agriculture, forestry, and fishing, % of GDP
7.38%
2025
0.31%
2025
GNI, Atlas method
$19B
2025
$221B
2025
GNI per capita, PPP
$19,990
2025
$126,290
2025
Total reserves including gold
$6.01B
2025
$55.8B
2025
Total reserves ranking
97/177
2025
45/177
2025
Net foreign direct investment
-$360M
2025
$311M
2025
Net inflows of foreign direct investment
$458M
2024
$460M
2024
Net outflows of foreign direct investment
$98.4M
2024
$1.56B
2024
Servicing debt to the IMF, % of GNI
6.22%
2024
n/a
Poverty at national poverty lines
31.6%
2023
n/a
Gross capital formation, % of GDP
24.2%
2025
30.6%
2022

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/moldova/qatar | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2025, 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. TradeMap (2020–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. 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.