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Economy of Moldova vs Syria compared: GDP & Debt

Updated on by Georank team

Moldova has a GDP of $18.2B compared to $20B for Syria, ranking 134/197 and 129/197 by economy size, respectively.

Moldova has $7.06B in government debt (38.8% of GDP), compared to $18.4B (30% of GDP) in Syria.

Moldova vs Syria GDP by year

Moldova
Syria
1x
Year GDP, current $
Moldova Syria
2024 $18,200,340,854 -
2023 $16,711,906,746 $19,993,439,950
2022 $14,525,337,524 $23,622,827,080
2021 $13,691,869,264 $14,353,205,678
2020 $11,530,746,234 $12,047,752,036
2019 $11,736,797,055 $22,583,045,060
2018 $11,252,353,421 $21,497,782,868
2017 $9,514,404,016 $16,369,843,352
2016 $7,980,917,076 $12,597,854,877
2015 $7,797,667,197 $16,466,863,117
2014 $9,402,090,138 $21,502,061,466
2013 $9,496,717,876 $21,361,254,635
2012 $8,709,138,635 $43,190,318,033
2011 $8,414,352,020 $67,539,428,159
2010 $6,974,982,370 $61,390,830,875
2009 $5,439,434,272 $54,111,735,629
2008 $6,054,824,248 $52,557,913,569
2007 $4,401,173,152 $40,465,318,382
2006 $3,408,255,451 $33,751,788,856
2005 $2,988,342,907 $28,858,965,517
2004 $2,598,249,556 $25,086,950,495
2003 $1,980,907,435 $21,828,144,686
2002 $1,661,818,168 $20,669,357,462
2001 $1,480,673,594 $20,237,024,725
2000 $1,288,429,392 $18,937,052,543
1999 $1,170,782,957 $15,873,875,969
1998 $1,698,717,505 $15,200,846,154
1997 $1,930,081,169 $14,505,233,463
1996 $1,695,122,174 $13,789,560,878
1995 $1,752,999,370 $11,396,706,587
1994 $1,702,314,268 $10,122,020,000
1993 $2,371,813,324 $13,695,962,055
1992 $2,319,243,436 $13,253,565,861
1991 $3,094,565,871 $12,981,833,333
1990 $3,592,857,043 $12,308,624,418
1989 - $9,853,395,762
1988 - $10,577,041,645
1987 - $11,356,215,543
1986 - $13,293,205,278
1985 - $16,403,539,893
1984 - $17,503,078,174
1983 - $17,589,277,143
1982 - $16,298,929,011
1981 - $15,518,201,335
1980 - $13,062,420,382
1979 - $9,929,681,529
1978 - $9,275,200,458
1977 - $7,696,011,396
1976 - $7,633,528,867
1975 - $6,826,980,444
1974 - $5,159,557,148
1973 - $3,239,487,516
1972 - $3,059,681,698
1971 - $2,589,851,325
1970 - $2,140,384,010
1969 - $2,245,011,515
1968 - $1,753,746,430
1967 - $1,580,229,799
1966 - $1,342,287,553
1965 - $1,472,036,540
1964 - $1,339,494,267
1963 - $1,200,447,408
1962 - $1,110,565,881
1961 - $945,244,972
1960 - $857,704,413

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

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

GDP per capita in Moldova vs Syria by year

Moldova
GDP per capita

GDP per capita, PPP
Syria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Moldova Syria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $7,576 $18,615 - -
2023 $6,800 $17,747 $847 $4,650
2022 $5,744 $16,453 $1,052 $4,772
2021 $5,275 $15,682 $664 $4,593
2020 $4,376 $13,527 $572 $3,738
2019 $4,405 $13,413 $1,110 $3,502
2018 $4,156 $11,868 $1,098 $3,456
2017 $3,453 $11,252 $852 $3,265
2016 $2,847 $10,326 $656 -
2015 $2,750 $9,198 $848 -
2014 $3,290 $8,643 $1,061 -
2013 $3,321 $8,233 $986 -
2012 $3,045 $7,255 $1,898 -
2011 $2,941 $6,833 $2,952 -
2010 $2,437 $6,323 $2,731 -
2009 $1,898 $5,827 $2,462 -
2008 $2,111 $6,153 $2,429 -
2007 $1,531 $5,590 $1,938 -
2006 $1,183 $5,271 $1,719 -
2005 $1,034 $4,866 $1,534 -
2004 $897 $4,378 $1,368 -
2003 $682 $3,960 $1,220 -
2002 $571 $3,633 $1,183 -
2001 $507 $3,311 $1,187 -
2000 $441 $3,045 $1,138 -
1999 $399 $2,910 $978 -
1998 $579 $2,965 $961 -
1997 $657 $3,136 $941 -
1996 $575 $3,021 $918 -
1995 $594 $3,146 $780 -
1994 $574 $3,111 $712 -
1993 $797 $4,394 $993 -
1992 $778 $4,337 $990 -
1991 $1,038 $5,980 $1,000 -
1990 $1,207 $6,895 $978 -
1989 - - $809 -
1988 - - $898 -
1987 - - $997 -
1986 - - $1,208 -
1985 - - $1,544 -
1984 - - $1,706 -
1983 - - $1,776 -
1982 - - $1,703 -
1981 - - $1,676 -
1980 - - $1,458 -
1979 - - $1,146 -
1978 - - $1,108 -
1977 - - $951 -
1976 - - $976 -
1975 - - $904 -
1974 - - $707 -
1973 - - $459 -
1972 - - $448 -
1971 - - $393 -
1970 - - $335 -
1969 - - $364 -
1968 - - $293.3 -
1967 - - $272.9 -
1966 - - $239.3 -
1965 - - $270.8 -
1964 - - $254.2 -
1963 - - $234.9 -
1962 - - $223.9 -
1961 - - $196.3 -
1960 - - $183.5 -

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

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

Moldova's GDP per capita is $7,576, ranking 99/197, compared to $847 in Syria, ranking 185/197. Adjusted for purchasing power (GDP per capita PPP), Moldova ranks 100th at $18,615, while Syria ranks 160th at $4,650.

Economic indicators

Moldova Syria
Gross domestic product
$18.2B
2024
$20B
2023
GDP rank
134/197
2024
129/197
2023
GDP growth
0.1%
2023-2024
-1.21%
2022-2023
GDP per capita
$7,576
2024
$847
2023
GDP per capita rank
99/197
2024
185/197
2023
GDP per capita, PPP
$18,615
2024
$4,650
2023
GDP per capita PPP rank
100/197
2024
160/197
2023
Government debt
$7.06B
2024
$18.4B
2010
Debt-to-GDP ratio
38.8%
2024
30%
2010
Government debt per person
$2,938
2024
$820
2010
Government debt per person rank
102/185
2024
148/185
2010
Average annual personal income after taxes
$4,291
2026
$730
2026
Income share by richest 10%
22.8%
2023
21.1%
2022
Income share by poorest 10%
4.3%
2023
3.8%
2022
Government expenditure, % of GDP
38%
2024
28.6%
2010
Consumer prices inflation
4.68%
2023-2024
13.4%
2018-2019
Central bank interest rate
6%
2025
n/a
Unemployment rate
1.43%
2024
8.61%
2010
Population
2341166
26829400

Spending and national debt comparison by year

Moldova
Spending

Debt
Syria
Spending

Debt
1x
Year % of GDP
Moldova Syria
Government spending Government debt Government spending Government debt
2024 38% 38.8% - -
2023 38.8% 34.9% - -
2022 36.6% 35% - -
2021 34.6% 33.6% - -
2020 36.7% 36.6% - -
2019 32% 28.8% - -
2018 31.5% 31.8% - -
2017 31% 34.9% - -
2016 30.5% 39.7% - -
2015 31.7% 42.1% - -
2014 33.8% 35.4% - -
2013 32.4% 30% - -
2012 33.7% 31.3% - -
2011 32.6% 24.2% - -
2010 34.1% 25.5% 28.6% 30%
2009 45.3% 32.6% 26.7% 31.2%
2008 41.5% 22.2% 22.9% 37.3%
2007 42.7% 28.3% 25.7% 42.7%
2006 40.3% 35% 26.3% 45%
2005 37.1% 40.4% 28.2% 50.7%
2004 34.8% 49.3% 31.3% 113%
2003 33.5% 68.1% 32.6% 133.4%
2002 30.7% 80.3% 28.5% 132.4%
2001 29.5% 85.4% 28% 144.5%
2000 34% 89.1% 27.4% 152.1%
1999 33% 150.7% 28% 147.7%
1998 39.1% 159.4% 28.8% 151.2%
1997 46% 89% 29% 147.6%
1996 43.3% 87.5% 27.7% 141.5%
1995 42% 79.5% 29.8% 152.6%
1994 - - 30.3% 163%
1993 - - 29.4% 171.9%
1992 - - 34.2% 173.6%
1991 - - 34.3% 182.4%
1990 - - 28.3% 189.8%

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

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

In 2024, Moldova's government spending was $6.91B, accounting for 38% of its GDP, while Syria spent $17.6B, or 28.6% of GDP.

Debt-to-GDP ratio is 38.8% in Moldova and 30% in Syria, ranking 137/185 and 157/185, respectively.

Government deficit by year

Deficit/surplus
Moldova

Syria
1x
Year Deficit/surplus, % of GDP
Moldova Syria
2024 -3.88% -
2023 -5.13% -
2022 -3.24% -
2021 -2.62% -
2020 -5.32% -
2019 -1.47% -
2018 -0.85% -
2017 -0.65% -
2016 -1.56% -
2015 -1.93% -
2014 -1.6% -
2013 -1.57% -
2012 -1.93% -
2011 -2.05% -
2010 -2.18% -7.79%
2009 -6.38% -2.89%
2008 -0.87% -2.86%
2007 0.15% -2.99%
2006 -0.42% -1.12%
2005 1.44% -4.41%
2004 0.59% -4.18%
2003 0.47% -2.7%
2002 -1.18% -2.02%
2001 -0.34% 2.3%
2000 -3.55% -1.36%
1999 -2.64% -1.47%
1998 -1.52% -2.81%
1997 -7.47% -1.78%
1996 -7.42% -2.83%
1995 -2.58% -3.81%
1994 - -6%
1993 - -4.96%
1992 - -7.26%
1991 - -6.57%
1990 - -3.92%

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

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

In 2010, Moldova's government deficit, the difference between spending and revenue, was $152M, equivalent to 2.18% of GDP. This compares to Syria's deficit of $4.78B, or 7.79% of GDP.

Over the past 16 years, Moldova recorded a fiscal deficit in 12 of those years, while Syria ran a deficit in 15 years. On average, Moldova posted an annual deficit equal to 2.12% of GDP, compared to deficit of 2.67% of GDP for Syria.

Inflation comparison by year

Inflation
Moldova

Syria
1x
Year Consumer prices inflation
Moldova Syria
2024 4.68% -
2023 13.4% -
2022 28.7% -
2021 5.11% -
2020 3.77% -
2019 4.84% 13.4%
2018 3.05% 0.94%
2017 6.57% 18.1%
2016 6.36% 47.7%
2015 9.68% 38.5%
2014 5.09% 10.9%
2013 4.6% 40%
2012 4.55% 36.7%
2011 7.69% 4.75%
2010 7.48% 4.4%
2009 -0.06% 2.92%
2008 12.8% 15.7%
2007 12.4% 3.91%
2006 12.8% 10%
2005 12% 7.24%
2004 12.5% 4.43%
2003 11.7% 5.8%
2002 5.3% -0.13%
2001 9.76% 3%
2000 31.3% -3.85%
1999 39.3% -3.7%
1998 7.7% -0.8%
1997 11.8% 1.89%

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

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

Over the past 23 years, Moldova has recorded an average annual inflation rate of 10.4%, compared with 11.4% in Syria. In 2019, inflation was 4.68% in Moldova and 13.4% in Syria.

Top exports between countries

Moldova
Export category Export value
Processed food, beverages & tobacco $4.12M
Raw agricultural goods $3.12M
Animal & marine products $977K
Syria
Export category Export value
Raw agricultural goods $673K
Processed food, beverages & tobacco $38K
Textiles & consumer goods $22K

Balance of trade

Moldova Syria
Current account balance
-$3.01B
2024
-$367M
2010
Current account balance ranking
156/190
2024
103/190
2010
Current account balance, % of GDP
-16.6%
2024
-0.6%
2010
Goods imports
$8.63B
2024
$15.9B
2010
Goods exports
$3.01B
2024
$12.3B
2010
Service imports
$1.8B
2024
$3.53B
2010
Service exports
$2.73B
2024
$7.33B
2010
Imports of goods and services, % of GDP
57.3%
2024
28.8%
2022
Exports of goods and services, % of GDP
31.4%
2024
6.81%
2022

Economic freedom indices

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

Moldova Syria
Economic freedom 58.1 51.2
Economic freedom ranking 112/197 155/197
Property rights 40.4 4
Government integrity 45.1 3.6
Judicial effectiveness 32.4 3.7
Tax burden 87.9 87.3
Government spending 57.2 78.5
Fiscal health 70.3 13.8
Business freedom 68.3 33.8
Labor freedom 48.1 37.2
Monetary freedom 66 80
Trade freedom 76.8 47
Investment freedom 55 0
Financial freedom 50 20

Economic freedom comparison by year

Moldova
Syria
1x
Year Economic freedom index
Moldova Syria
2026 58.1 -
2025 58.3 -
2024 57.1 -
2023 58.5 -
2022 61.3 -
2021 62.5 -
2020 62 -
2019 59.1 -
2018 58.4 -
2017 58 -
2016 57.4 -
2015 57.5 -
2014 57.3 -
2013 55.5 -
2012 54.4 51.2
2011 55.7 51.3
2010 53.7 49.4
2009 54.9 51.3
2008 57.9 47.2
2007 58.7 48.3
2006 58 51.2
2005 57.4 46.3
2004 57.1 40.6
2003 60 41.3
2002 57.4 36.3
2001 54.9 36.6
2000 59.6 37.2
1999 56.1 39
1998 53.5 42.2
1997 48.9 43
1996 52.5 42.3
1995 33 -

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

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

The Economic Freedom Index for Moldova is 58.1, ranking 112/197, compared to 51.2 for Syria, ranking 155/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Moldova Syria
Services, % of GDP
62.3%
2024
44.9%
2022
Industry, % of GDP
16.8%
2024
12%
2022
Agriculture, forestry, and fishing, % of GDP
7.11%
2024
43.1%
2022
GNI, Atlas method
$16.5B
2024
$18.2B
2023
GNI per capita, PPP
$18,710
2024
$4,480
2023
Total reserves including gold
$5.48B
2024
$20.6B
2010
Total reserves ranking
96/177
2024
62/177
2010
Net foreign direct investment
-$360M
2024
-$1.47B
2010
Net inflows of foreign direct investment
$458M
2024
$0
2024
Net outflows of foreign direct investment
$98.4M
2024
$0
2024
Servicing debt to the IMF, % of GNI
6.22%
2024
0.15%
2023
Poverty at national poverty lines
31.6%
2023
35.2%
2007
Gross capital formation, % of GDP
21.1%
2024
16%
1969

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/syria | 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 (2010–2023, 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.