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Economy of Moldova vs Sri Lanka compared: GDP & Debt

Updated on by Georank team

Moldova has a GDP of $18.2B compared to $99B for Sri Lanka, ranking 134/197 and 72/197 by economy size, respectively.

Moldova has $7.06B in government debt (38.8% of GDP), compared to $99.8B (100.8% of GDP) in Sri Lanka.

Moldova vs Sri Lanka GDP by year

Moldova
Sri Lanka
1x
Year GDP, current $
Moldova Sri Lanka
2024 $18,200,340,854 $98,963,185,510
2023 $16,711,906,746 $83,716,142,582
2022 $14,525,337,524 $74,143,020,263
2021 $13,691,869,264 $88,556,698,938
2020 $11,530,746,234 $84,335,574,582
2019 $11,736,797,055 $88,998,706,297
2018 $11,252,353,421 $94,450,015,983
2017 $9,514,404,016 $94,369,350,286
2016 $7,980,917,076 $88,000,211,172
2015 $7,797,667,197 $85,090,301,052
2014 $9,402,090,138 $82,531,125,191
2013 $9,496,717,876 $76,976,203,829
2012 $8,709,138,635 $70,447,217,164
2011 $8,414,352,020 $67,753,285,897
2010 $6,974,982,370 $58,636,049,434
2009 $5,439,434,272 $42,066,224,093
2008 $6,054,824,248 $40,713,826,215
2007 $4,401,173,152 $32,350,238,760
2006 $3,408,255,451 $28,267,410,543
2005 $2,988,342,907 $24,405,791,045
2004 $2,598,249,556 $20,662,525,941
2003 $1,980,907,435 $18,881,765,437
2002 $1,661,818,168 $16,536,535,647
2001 $1,480,673,594 $15,749,753,805
2000 $1,288,429,392 $16,595,882,819
1999 $1,170,782,957 $15,711,933,513
1998 $1,698,717,505 $15,760,736,956
1997 $1,930,081,169 $15,091,913,884
1996 $1,695,122,174 $13,897,738,375
1995 $1,752,999,370 $13,029,697,561
1994 $1,702,314,268 $11,717,604,209
1993 $2,371,813,324 $10,338,679,636
1992 $2,319,243,436 $9,703,011,636
1991 $3,094,565,871 $9,000,362,582
1990 $3,592,857,043 $8,032,551,173
1989 - $6,987,267,684
1988 - $6,978,371,581
1987 - $6,682,167,120
1986 - $6,405,210,564
1985 - $5,978,460,972
1984 - $6,043,474,843
1983 - $5,167,913,302
1982 - $4,768,765,017
1981 - $4,415,844,156
1980 - $4,024,621,900
1979 - $3,364,611,432
1978 - $2,733,183,857
1977 - $4,104,509,583
1976 - $3,591,319,857
1975 - $3,791,298,146
1974 - $3,574,586,466
1973 - $2,875,625,000
1972 - $2,553,936,348
1971 - $2,369,308,600
1970 - $2,296,470,588
1969 - $1,965,546,218
1968 - $1,801,344,538
1967 - $1,859,465,021
1966 - $1,751,470,588
1965 - $1,698,319,328
1964 - $1,309,747,899
1963 - $1,240,672,269
1962 - $1,434,156,379
1961 - $1,444,327,731
1960 - $1,409,873,950

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

GeoRank.org/economy/moldova/sri-lanka | CC BY

GDP per capita in Moldova vs Sri Lanka by year

Moldova
GDP per capita

GDP per capita, PPP
Sri Lanka
GDP per capita

GDP per capita, PPP
1x
Year Current $
Moldova Sri Lanka
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $7,576 $18,615 $4,516 $15,633
2023 $6,800 $17,747 $3,799 $14,456
2022 $5,744 $16,453 $3,343 $14,194
2021 $5,275 $15,682 $3,997 $14,316
2020 $4,376 $13,527 $3,848 $12,941
2019 $4,405 $13,413 $4,082 $14,113
2018 $4,156 $11,868 $4,359 $14,178
2017 $3,453 $11,252 $4,399 $13,610
2016 $2,847 $10,326 $4,149 $13,079
2015 $2,750 $9,198 $4,058 $12,227
2014 $3,290 $8,643 $3,972 $11,721
2013 $3,321 $8,233 $3,739 $11,253
2012 $3,045 $7,255 $3,328 $10,249
2011 $2,941 $6,833 $3,225 $9,076
2010 $2,437 $6,323 $2,808 $8,234
2009 $1,898 $5,827 $2,027 $7,576
2008 $2,111 $6,153 $1,974 $7,317
2007 $1,531 $5,590 $1,579 $6,820
2006 $1,183 $5,271 $1,389 $6,261
2005 $1,034 $4,866 $1,207 $5,679
2004 $897 $4,378 $1,029 $5,216
2003 $682 $3,960 $946 $4,850
2002 $571 $3,633 $835 $4,522
2001 $507 $3,311 $804 $4,328
2000 $441 $3,045 $860 $4,368
1999 $399 $2,910 $829 $4,103
1998 $579 $2,965 $848 $3,952
1997 $657 $3,136 $827 $3,804
1996 $575 $3,021 $776 $3,582
1995 $594 $3,146 $742 $3,454
1994 $574 $3,111 $678 $3,260
1993 $797 $4,394 $607 $3,067
1992 $778 $4,337 $580 $2,851
1991 $1,038 $5,980 $546 $2,713
1990 $1,207 $6,895 $491 $2,527
1989 - - $430 -
1988 - - $434 -
1987 - - $420 -
1986 - - $407 -
1985 - - $385 -
1984 - - $391 -
1983 - - $336 -
1982 - - $312 -
1981 - - $292.5 -
1980 - - $271.1 -
1979 - - $230.8 -
1978 - - $191 -
1977 - - $292.1 -
1976 - - $260.3 -
1975 - - $279.8 -
1974 - - $268.7 -
1973 - - $220.2 -
1972 - - $199.4 -
1971 - - $188.8 -
1970 - - $186.9 -
1969 - - $163.6 -
1968 - - $153.5 -
1967 - - $162.3 -
1966 - - $156.6 -
1965 - - $155.6 -
1964 - - $122.9 -
1963 - - $119.4 -
1962 - - $141.4 -
1961 - - $145.9 -
1960 - - $145.9 -

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

GeoRank.org/economy/moldova/sri-lanka | CC BY

Moldova's GDP per capita is $7,576, ranking 99/197, compared to $4,516 in Sri Lanka, ranking 124/197. Adjusted for purchasing power (GDP per capita PPP), Moldova ranks 100th at $18,615, while Sri Lanka ranks 111th at $15,633.

Economic indicators

Moldova Sri Lanka
Gross domestic product
$18.2B
2024
$99B
2024
GDP rank
134/197
2024
72/197
2024
GDP growth
0.1%
2023-2024
5.01%
2023-2024
GDP per capita
$7,576
2024
$4,516
2024
GDP per capita rank
99/197
2024
124/197
2024
GDP per capita, PPP
$18,615
2024
$15,633
2024
GDP per capita PPP rank
100/197
2024
111/197
2024
Government debt
$7.06B
2024
$99.8B
2024
Debt-to-GDP ratio
38.8%
2024
100.8%
2024
Government debt per person
$2,938
2024
$4,554
2024
Government debt per person rank
102/185
2024
85/185
2024
Average annual personal income after taxes
$4,291
2026
$2,874
2026
Market capitalization of domestic companies n/a
$19.5B
2024
Income share by richest 10%
22.8%
2023
30.8%
2019
Income share by poorest 10%
4.3%
2023
3.1%
2019
Government expenditure, % of GDP
38%
2024
19.3%
2024
Consumer prices inflation
4.68%
2023-2024
-0.43%
2023-2024
Central bank interest rate
6%
2025
7.75%
2025
Unemployment rate
1.43%
2024
4.67%
2023
Population
2341166
22185425

Spending and national debt comparison by year

Moldova
Spending

Debt
Sri Lanka
Spending

Debt
1x
Year % of GDP
Moldova Sri Lanka
Government spending Government debt Government spending Government debt
2024 38% 38.8% 19.3% 100.8%
2023 38.8% 34.9% 19.5% 110.4%
2022 36.6% 35% 18.6% 115.9%
2021 34.6% 33.6% 20% 102.7%
2020 36.7% 36.6% 22.1% 96.9%
2019 32% 28.8% 19.5% 82.6%
2018 31.5% 31.8% 17.5% 83.6%
2017 31% 34.9% 17.9% 72.3%
2016 30.5% 39.7% 18.2% 75%
2015 31.7% 42.1% 19.3% 76.3%
2014 33.8% 35.4% 17.2% 69.6%
2013 32.4% 30% 16.6% 69.5%
2012 33.7% 31.3% 17.3% 67.5%
2011 32.6% 24.2% 19.1% 69.4%
2010 34.1% 25.5% 19.3% 68.7%
2009 45.3% 32.6% 21% 72.8%
2008 41.5% 22.2% 19.1% 68.8%
2007 42.7% 28.3% 19.9% 71.8%
2006 40.3% 35% 20.5% 74.3%
2005 37.1% 40.4% 20.1% 76.6%
2004 34.8% 49.3% 19.3% 86.5%
2003 33.5% 68.1% 19.3% 86.5%
2002 30.7% 80.3% 20.8% 96.3%
2001 29.5% 85.4% 22.4% 84.4%
2000 34% 89.1% 21.7% 79.2%
1999 33% 150.7% 20.5% 77.7%
1998 39.1% 159.4% 21.4% 74.2%
1997 46% 89% 21.4% 70.1%
1996 43.3% 87.5% 23.1% 76.2%
1995 42% 79.5% 24.8% 77.8%
1994 - - 24.1% 77.9%
1993 - - 23.2% 79.2%
1992 - - 23% 77.9%
1991 - - 26.4% 80.5%
1990 - - 25.4% 78.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/moldova/sri-lanka | CC BY

In 2024, Moldova's government spending was $6.91B, accounting for 38% of its GDP, while Sri Lanka spent $19.1B, or 19.3% of GDP.

Debt-to-GDP ratio is 38.8% in Moldova and 100.8% in Sri Lanka, ranking 137/185 and 23/185, respectively.

Government deficit by year

Deficit/surplus
Moldova

Sri Lanka
1x
Year Deficit/surplus, % of GDP
Moldova Sri Lanka
2024 -3.88% -5.64%
2023 -5.13% -8.32%
2022 -3.24% -10.2%
2021 -2.62% -11.7%
2020 -5.32% -13.4%
2019 -1.47% -7.52%
2018 -0.85% -4.96%
2017 -0.65% -5.1%
2016 -1.56% -5%
2015 -1.93% -6.64%
2014 -1.6% -5.99%
2013 -1.57% -5%
2012 -1.93% -5.44%
2011 -2.05% -6.01%
2010 -2.18% -6.73%
2009 -6.38% -8.33%
2008 -0.87% -5.93%
2007 0.15% -5.81%
2006 -0.42% -5.91%
2005 1.44% -5.93%
2004 0.59% -6.32%
2003 0.47% -6.15%
2002 -1.18% -6.9%
2001 -0.34% -8.48%
2000 -3.55% -7.78%
1999 -2.64% -5.58%
1998 -1.52% -6.79%
1997 -7.47% -5.71%
1996 -7.42% -6.89%
1995 -2.58% -7.11%
1994 - -7.41%
1993 - -5.77%
1992 - -4.95%
1991 - -7.97%
1990 - -6.39%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/moldova/sri-lanka | 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 Sri Lanka's deficit of $5.58B, or 5.64% of GDP.

Over the past 30 years, Moldova recorded a fiscal deficit in 26 of those years, while Sri Lanka ran a deficit in 30 years. On average, Moldova posted an annual deficit equal to 2.26% of GDP, compared to deficit of 6.91% of GDP for Sri Lanka.

Inflation comparison by year

Inflation
Moldova

Sri Lanka
1x
Year Consumer prices inflation
Moldova Sri Lanka
2024 4.68% -0.43%
2023 13.4% 16.5%
2022 28.7% 49.7%
2021 5.11% 7.01%
2020 3.77% 6.15%
2019 4.84% 3.53%
2018 3.05% 2.14%
2017 6.57% 7.7%
2016 6.36% 3.96%
2015 9.68% 3.77%
2014 5.09% 3.18%
2013 4.6% 6.91%
2012 4.55% 7.54%
2011 7.69% 6.72%
2010 7.48% 6.22%
2009 -0.06% 3.46%
2008 12.8% 22.6%
2007 12.4% 15.8%
2006 12.8% 10%
2005 12% 11.6%
2004 12.5% 7.58%
2003 11.7% 6.31%
2002 5.3% 9.55%
2001 9.76% 14.2%
2000 31.3% 6.18%
1999 39.3% 4.69%
1998 7.7% 9.36%
1997 11.8% 9.57%

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

GeoRank.org/economy/moldova/sri-lanka | CC BY

Over the past 28 years, Moldova has recorded an average annual inflation rate of 10.5%, compared with 9.34% in Sri Lanka. In 2024, inflation was 4.68% in Moldova and -0.43% in Sri Lanka.

Top exports between countries

Moldova
Export category Export value
Machinery & equipment $181K
Raw agricultural goods $157K
Textiles & consumer goods $56K
Raw materials & minerals $7K
Metals $3K
Sri Lanka
Export category Export value
Machinery & equipment $383K
Raw agricultural goods $377K
Raw materials & minerals $258K
Textiles & consumer goods $66K
Processed food, beverages & tobacco $16K
Metals $9K
Chemicals & pharma $8K
Wood & paper products $8K
Miscellaneous $1K

Balance of trade

Moldova Sri Lanka
Current account balance
-$3.01B
2024
$1.21B
2024
Current account balance ranking
156/190
2024
53/190
2024
Current account balance, % of GDP
-16.6%
2024
+1.22%
2024
Goods imports
$8.63B
2024
$18.8B
2024
Goods exports
$3.01B
2024
$12.8B
2024
Service imports
$1.8B
2024
$3.48B
2024
Service exports
$2.73B
2024
$6.91B
2024
Imports of goods and services, % of GDP
57.3%
2024
22.5%
2024
Exports of goods and services, % of GDP
31.4%
2024
19.9%
2024

Economic freedom indices

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

Moldova Sri Lanka
Economic freedom 58.1 50.3
Economic freedom ranking 112/197 162/197
Property rights 40.4 47.3
Government integrity 45.1 37.3
Judicial effectiveness 32.4 47.2
Tax burden 87.9 77
Government spending 57.2 89
Fiscal health 70.3 0
Business freedom 68.3 60.1
Labor freedom 48.1 54.3
Monetary freedom 66 65.9
Trade freedom 76.8 65.6
Investment freedom 55 30
Financial freedom 50 30

Economic freedom comparison by year

Moldova
Sri Lanka
1x
Year Economic freedom index
Moldova Sri Lanka
2026 58.1 50.3
2025 58.3 49.4
2024 57.1 49.2
2023 58.5 52.2
2022 61.3 53.3
2021 62.5 55.7
2020 62 57.4
2019 59.1 56.4
2018 58.4 57.8
2017 58 57.4
2016 57.4 59.9
2015 57.5 58.6
2014 57.3 60
2013 55.5 60.7
2012 54.4 58.3
2011 55.7 57.1
2010 53.7 54.6
2009 54.9 56
2008 57.9 58.4
2007 58.7 59.4
2006 58 58.7
2005 57.4 61
2004 57.1 61.6
2003 60 62.5
2002 57.4 64
2001 54.9 66
2000 59.6 63.2
1999 56.1 64
1998 53.5 64.6
1997 48.9 65.5
1996 52.5 62.5
1995 33 60.6

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

GeoRank.org/economy/moldova/sri-lanka | CC BY

The Economic Freedom Index for Moldova is 58.1, ranking 112/197, compared to 50.3 for Sri Lanka, ranking 162/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Moldova Sri Lanka
Services, % of GDP
62.3%
2024
57.5%
2024
Industry, % of GDP
16.8%
2024
25.5%
2024
Agriculture, forestry, and fishing, % of GDP
7.11%
2024
8.3%
2024
GNI, Atlas method
$16.5B
2024
$84.6B
2024
GNI per capita, PPP
$18,710
2024
$15,240
2024
Total reserves including gold
$5.48B
2024
$6.09B
2024
Total reserves ranking
96/177
2024
92/177
2024
Net foreign direct investment
-$360M
2024
-$651M
2024
Net inflows of foreign direct investment
$458M
2024
$761M
2024
Net outflows of foreign direct investment
$98.4M
2024
$110M
2024
Servicing debt to the IMF, % of GNI
6.22%
2024
4.98%
2024
Poverty at national poverty lines
31.6%
2023
14.3%
2019
Gross capital formation, % of GDP
21.1%
2024
27%
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/sri-lanka | CC BY

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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. 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 (2020–2024, 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.