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Economy of Moldova vs Uzbekistan compared: GDP & Debt

Updated on by Georank team

Moldova has a GDP of $18.2B compared to $115B for Uzbekistan, ranking 134/197 and 66/197 by economy size, respectively.

Moldova has $7.06B in government debt (38.8% of GDP), compared to $37.5B (32.7% of GDP) in Uzbekistan.

Moldova vs Uzbekistan GDP by year

Moldova
Uzbekistan
1x
Year GDP, current $
Moldova Uzbekistan
2024 $18,200,340,854 $114,965,293,467
2023 $16,711,906,746 $102,641,879,249
2022 $14,525,337,524 $90,095,926,567
2021 $13,691,869,264 $77,340,060,003
2020 $11,530,746,234 $66,443,265,418
2019 $11,736,797,055 $67,293,639,798
2018 $11,252,353,421 $58,695,899,092
2017 $9,514,404,016 $69,703,222,283
2016 $7,980,917,076 $86,138,288,644
2015 $7,797,667,197 $86,196,264,755
2014 $9,402,090,138 $80,845,385,809
2013 $9,496,717,876 $73,180,037,915
2012 $8,709,138,635 $67,517,349,212
2011 $8,414,352,020 $60,178,909,297
2010 $6,974,982,370 $49,765,676,402
2009 $5,439,434,272 $33,689,223,673
2008 $6,054,824,248 $29,549,438,884
2007 $4,401,173,152 $22,311,393,928
2006 $3,408,255,451 $17,330,833,853
2005 $2,988,342,907 $14,307,509,839
2004 $2,598,249,556 $12,030,023,548
2003 $1,980,907,435 $10,134,453,435
2002 $1,661,818,168 $9,687,788,513
2001 $1,480,673,594 $11,401,421,329
2000 $1,288,429,392 $13,760,513,969
1999 $1,170,782,957 $17,078,465,982
1998 $1,698,717,505 $14,988,971,211
1997 $1,930,081,169 $14,744,603,774
1996 $1,695,122,174 $13,948,892,216
1995 $1,752,999,370 $13,350,461,265
1994 $1,702,314,268 $12,899,074,922
1993 $2,371,813,324 $13,099,920,056
1992 $2,319,243,436 $12,953,801,760
1991 $3,094,565,871 $13,800,167,712
1990 $3,592,857,043 $13,362,340,338
1989 - $11,948,815,258
1988 - $10,722,799,639
1987 - $8,523,160,593

Data sources: World Bank | Economy & Growth (1987–2024, retrieved 2026-04-06).

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

GDP per capita in Moldova vs Uzbekistan by year

Moldova
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Moldova Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $7,576 $18,615 $3,162 $11,879
2023 $6,800 $17,747 $2,879 $11,107
2022 $5,744 $16,453 $2,579 $10,293
2021 $5,275 $15,682 $2,259 $9,248
2020 $4,376 $13,527 $1,978 $8,452
2019 $4,405 $13,413 $2,041 $8,544
2018 $4,156 $11,868 $1,813 $8,129
2017 $3,453 $11,252 $2,191 $7,818
2016 $2,847 $10,326 $2,753 $6,919
2015 $2,750 $9,198 $2,803 $6,800
2014 $3,290 $8,643 $2,675 $6,610
2013 $3,321 $8,233 $2,462 $6,413
2012 $3,045 $7,255 $2,307 $6,168
2011 $2,941 $6,833 $2,088 $5,949
2010 $2,437 $6,323 $1,753 $5,505
2009 $1,898 $5,827 $1,206 $5,135
2008 $2,111 $6,153 $1,075 $4,800
2007 $1,531 $5,590 $824 $4,386
2006 $1,183 $5,271 $649 $3,956
2005 $1,034 $4,866 $543 $3,618
2004 $897 $4,378 $462 $3,321
2003 $682 $3,960 $394 $3,047
2002 $571 $3,633 $381 $2,902
2001 $507 $3,311 $454 $2,782
2000 $441 $3,045 $555 $2,644
1999 $399 $2,910 $698 $2,522
1998 $579 $2,965 $621 $2,418
1997 $657 $3,136 $621 $2,329
1996 $575 $3,021 $597 $2,214
1995 $594 $3,146 $583 $2,178
1994 $574 $3,111 $574 $2,197
1993 $797 $4,394 $596 $2,318
1992 $778 $4,337 $603 $2,371
1991 $1,038 $5,980 $658 $2,676
1990 $1,207 $6,895 $653 $2,665
1989 - - $598 -
1988 - - $551 -
1987 - - $450 -

Data sources: World Bank | Economy & Growth (1987–2024, retrieved 2026-04-06).

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

Moldova's GDP per capita is $7,576, ranking 99/197, compared to $3,162 in Uzbekistan, ranking 139/197. Adjusted for purchasing power (GDP per capita PPP), Moldova ranks 100th at $18,615, while Uzbekistan ranks 125th at $11,879.

Economic indicators

Moldova Uzbekistan
Gross domestic product
$18.2B
2024
$115B
2024
GDP rank
134/197
2024
66/197
2024
GDP growth
0.1%
2023-2024
6.5%
2023-2024
GDP per capita
$7,576
2024
$3,162
2024
GDP per capita rank
99/197
2024
139/197
2024
GDP per capita, PPP
$18,615
2024
$11,879
2024
GDP per capita PPP rank
100/197
2024
125/197
2024
Government debt
$7.06B
2024
$37.5B
2024
Debt-to-GDP ratio
38.8%
2024
32.7%
2024
Government debt per person
$2,938
2024
$1,032
2024
Government debt per person rank
102/185
2024
141/185
2024
Average annual personal income after taxes
$4,291
2026
$3,658
2026
Market capitalization of domestic companies n/a
$18.8B
2024
Income share by richest 10%
22.8%
2023
25.7%
2024
Income share by poorest 10%
4.3%
2023
2.3%
2024
Government expenditure, % of GDP
38%
2024
27.6%
2024
Consumer prices inflation
4.68%
2023-2024
9.6%
2023-2024
Central bank interest rate
6%
2025
14%
2025
Unemployment rate
1.43%
2024
5.29%
2020
Population
2341166
37939105

Spending and national debt comparison by year

Moldova
Spending

Debt
Uzbekistan
Spending

Debt
1x
Year % of GDP
Moldova Uzbekistan
Government spending Government debt Government spending Government debt
2024 38% 38.8% 27.6% 32.7%
2023 38.8% 34.9% 29.9% 32.2%
2022 36.6% 35% 31.3% 30.5%
2021 34.6% 33.6% 27.4% 31.7%
2020 36.7% 36.6% 26% 33.7%
2019 32% 28.8% 24.4% 25.4%
2018 31.5% 31.8% 22.2% 17.5%
2017 31% 34.9% 19.9% 17.3%
2016 30.5% 39.7% 23.3% 8.19%
2015 31.7% 42.1% 24.6% 6.72%
2014 33.8% 35.4% 24.9% 6.09%
2013 32.4% 30% 25.2% 6.23%
2012 33.7% 31.3% 23.9% 6.76%
2011 32.6% 24.2% 23.7% 6.33%
2010 34.1% 25.5% 26.4% 6.61%
2009 45.3% 32.6% 27.5% 7.3%
2008 41.5% 22.2% 26.5% 8.33%
2007 42.7% 28.3% 24.8% 9.56%
2006 40.3% 35% 24.7% 13.5%
2005 37.1% 40.4% 28.1% 21%
2004 34.8% 49.3% 29.4% 26.9%
2003 33.5% 68.1% 31.5% 31.4%
2002 30.7% 80.3% 34.6% 41.6%
2001 29.5% 85.4% 30.6% 44.8%
2000 34% 89.1% 32.9% 29.5%
1999 33% 150.7% 33.6% 18.4%
1998 39.1% 159.4% 35.1% 18%
1997 46% 89% 31.8% 15.3%
1996 43.3% 87.5% 35.1% -
1995 42% 79.5% 29.4% -
1994 - - 27.1% -
1993 - - 39.6% -
1992 - - 18% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20).

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

In 2024, Moldova's government spending was $6.91B, accounting for 38% of its GDP, while Uzbekistan spent $31.7B, or 27.6% of GDP.

Debt-to-GDP ratio is 38.8% in Moldova and 32.7% in Uzbekistan, ranking 137/185 and 152/185, respectively.

Government deficit by year

Deficit/surplus
Moldova

Uzbekistan
1x
Year Deficit/surplus, % of GDP
Moldova Uzbekistan
2024 -3.88% -2.37%
2023 -5.13% -4.03%
2022 -3.24% -3.65%
2021 -2.62% -4.1%
2020 -5.32% -2.95%
2019 -1.47% -0.3%
2018 -0.85% 1.64%
2017 -0.65% 1.04%
2016 -1.56% 0.7%
2015 -1.93% -0.28%
2014 -1.6% 1.9%
2013 -1.57% 2.15%
2012 -1.93% 5.89%
2011 -2.05% 5.11%
2010 -2.18% 2.56%
2009 -6.38% 1.82%
2008 -0.87% 5.97%
2007 0.15% 3.55%
2006 -0.42% 2.72%
2005 1.44% -3.52%
2004 0.59% -3.74%
2003 0.47% -4.87%
2002 -1.18% -6.31%
2001 -0.34% -3.28%
2000 -3.55% -3.66%
1999 -2.64% -2.91%
1998 -1.52% -3.04%
1997 -7.47% -2.05%
1996 -7.42% -1.57%
1995 -2.58% -1.77%
1994 - -4.47%
1993 - -12%
1992 - 7.15%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20).

GeoRank.org/economy/moldova/uzbekistan | 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 Uzbekistan's deficit of $2.72B, or 2.37% of GDP.

Over the past 30 years, Moldova recorded a fiscal deficit in 26 of those years, while Uzbekistan ran a deficit in 18 years. On average, Moldova posted an annual deficit equal to 2.26% of GDP, compared to deficit of 0.64% of GDP for Uzbekistan.

Inflation comparison by year

Inflation
Moldova

Uzbekistan
1x
Year Consumer prices inflation
Moldova Uzbekistan
2024 4.68% 9.6%
2023 13.4% 10%
2022 28.7% 11.4%
2021 5.11% 10.8%
2020 3.77% 12.9%
2019 4.84% 14.5%
2018 3.05% 17.5%
2017 6.57% 13.9%
2016 6.36% 8.8%
2015 9.68% 8.5%
2014 5.09% 9.1%
2013 4.6% 11.7%
2012 4.55% 11.9%
2011 7.69% 12.4%
2010 7.48% 12.3%
2009 -0.06% 12.3%
2008 12.8% 13.1%
2007 12.4% 11.2%
2006 12.8% 13.1%
2005 12% 10.7%
2004 12.5% 7.3%
2003 11.7% 12.5%
2002 5.3% 27.3%
2001 9.76% 27.3%
2000 31.3% 25%
1999 39.3% 29.1%
1998 7.7% 29%
1997 11.8% 70.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Moldova has recorded an average annual inflation rate of 10.5%, compared with 16.6% in Uzbekistan. In 2024, inflation was 4.68% in Moldova and 9.6% in Uzbekistan.

Top exports between countries

Moldova
Export category Export value
Chemicals & pharma $3M
Processed food, beverages & tobacco $532K
Raw agricultural goods $476K
Machinery & equipment $438K
Textiles & consumer goods $289K
Animal & marine products $129K
Wood & paper products $103K
Raw materials & minerals $23K
Metals $9K
Miscellaneous $8K
Uzbekistan
Export category Export value
Textiles & consumer goods $15.2M
Raw agricultural goods $1.65M
Metals $1.48M
Machinery & equipment $913K
Processed food, beverages & tobacco $821K
Raw materials & minerals $716K
Chemicals & pharma $444K
Animal & marine products $44K
Miscellaneous $1K

Balance of trade

Moldova Uzbekistan
Current account balance
-$3.01B
2024
-$5.71B
2024
Current account balance ranking
156/190
2024
169/190
2024
Current account balance, % of GDP
-16.6%
2024
-4.97%
2024
Goods imports
$8.63B
2024
$33.2B
2024
Goods exports
$3.01B
2024
$19.6B
2024
Service imports
$1.8B
2024
$10.5B
2024
Service exports
$2.73B
2024
$6.55B
2024
Imports of goods and services, % of GDP
57.3%
2024
38%
2024
Exports of goods and services, % of GDP
31.4%
2024
22.8%
2024

Economic freedom indices

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

Moldova Uzbekistan
Economic freedom 58.1 60.3
Economic freedom ranking 112/197 94/197
Property rights 40.4 43.1
Government integrity 45.1 32
Judicial effectiveness 32.4 13.7
Tax burden 87.9 95
Government spending 57.2 73.7
Fiscal health 70.3 79.9
Business freedom 68.3 62.5
Labor freedom 48.1 48.4
Monetary freedom 66 65.1
Trade freedom 76.8 80.6
Investment freedom 55 70
Financial freedom 50 60

Economic freedom comparison by year

Moldova
Uzbekistan
1x
Year Economic freedom index
Moldova Uzbekistan
2026 58.1 60.3
2025 58.3 58
2024 57.1 55.9
2023 58.5 56.5
2022 61.3 55.7
2021 62.5 58.3
2020 62 57.2
2019 59.1 53.3
2018 58.4 51.5
2017 58 52.3
2016 57.4 46
2015 57.5 47
2014 57.3 46.5
2013 55.5 46
2012 54.4 45.8
2011 55.7 45.8
2010 53.7 47.5
2009 54.9 50.5
2008 57.9 51.9
2007 58.7 51.5
2006 58 48.7
2005 57.4 45.8
2004 57.1 39.1
2003 60 38.3
2002 57.4 38.5
2001 54.9 38.2
2000 59.6 38.1
1999 56.1 33.8
1998 53.5 31.5
1997 48.9 -
1996 52.5 -
1995 33 -

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

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

The Economic Freedom Index for Moldova is 58.1, ranking 112/197, compared to 60.3 for Uzbekistan, ranking 94/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Moldova Uzbekistan
Services, % of GDP
62.3%
2024
45.2%
2024
Industry, % of GDP
16.8%
2024
31.8%
2024
Agriculture, forestry, and fishing, % of GDP
7.11%
2024
18.3%
2024
GNI, Atlas method
$16.5B
2024
$110B
2024
GNI per capita, PPP
$18,710
2024
$12,000
2024
Total reserves including gold
$5.48B
2024
$41.2B
2024
Total reserves ranking
96/177
2024
50/177
2024
Net foreign direct investment
-$360M
2024
-$2.81B
2024
Net inflows of foreign direct investment
$458M
2024
$2.99B
2024
Net outflows of foreign direct investment
$98.4M
2024
$36.7M
2024
Servicing debt to the IMF, % of GNI
6.22%
2024
9.88%
2024
Poverty at national poverty lines
31.6%
2023
8.9%
2024
Gross capital formation, % of GDP
21.1%
2024
33.3%
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/uzbekistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, 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 (2022–2024, 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.