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Economy of Moldova vs Venezuela compared: GDP & Debt

Updated on by Georank team

Moldova has a GDP of $18.2B compared to $120B for Venezuela, ranking 134/197 and 65/197 by economy size, respectively.

Moldova has $7.06B in government debt (38.8% of GDP), compared to $197B (164.3% of GDP) in Venezuela.

Moldova vs Venezuela GDP by year

Moldova
Venezuela
1x
Year GDP, current $
Moldova Venezuela
2024 $18,200,340,854 $119,802,963,258
2023 $16,711,906,746 $102,376,526,556
2022 $14,525,337,524 $89,013,255,585
2021 $13,691,869,264 $56,614,976,855
2020 $11,530,746,234 $42,838,020,721
2019 $11,736,797,055 $73,014,084,091
2018 $11,252,353,421 $102,021,093,965
2017 $9,514,404,016 $115,883,275,163
2016 $7,980,917,076 $112,915,034,262
2015 $7,797,667,197 $125,449,241,571
2014 $9,402,090,138 $214,689,614,733
2013 $9,496,717,876 $258,930,655,486
2012 $8,709,138,635 $372,592,062,768
2011 $8,414,352,020 $316,482,190,800
2010 $6,974,982,370 $393,192,354,511
2009 $5,439,434,272 $329,787,628,928
2008 $6,054,824,248 $315,953,388,511
2007 $4,401,173,152 $230,364,012,576
2006 $3,408,255,451 $183,477,522,124
2005 $2,988,342,907 $145,513,489,652
2004 $2,598,249,556 $112,451,400,425
2003 $1,980,907,435 $83,620,628,582
2002 $1,661,818,168 $92,893,587,734
2001 $1,480,673,594 $122,911,036,747
2000 $1,288,429,392 $117,146,466,003
1999 $1,170,782,957 $97,972,842,462
1998 $1,698,717,505 $91,336,763,255
1997 $1,930,081,169 $85,837,678,560
1996 $1,695,122,174 $70,543,211,119
1995 $1,752,999,370 $77,389,487,770
1994 $1,702,314,268 $58,418,666,667
1993 $2,371,813,324 $60,037,460,783
1992 $2,319,243,436 $60,416,519,620
1991 $3,094,565,871 $53,453,444,787
1990 $3,592,857,043 $48,606,952,195
1989 - $43,536,709,104
1988 - $60,226,413,793
1987 - $48,029,034,483
1986 - $60,516,123,711
1985 - $61,965,466,667
1984 - $59,867,743,468
1983 - $67,556,279,070
1982 - $67,736,744,186
1981 - $66,327,441,860
1980 - $59,116,511,628
1979 - $48,310,930,233
1978 - $39,316,279,070
1977 - $36,210,697,674
1976 - $31,419,534,884
1975 - $27,464,651,163
1974 - $26,100,930,233
1973 - $17,035,581,395
1972 - $13,977,727,273
1971 - $12,986,590,909
1970 - $11,561,111,111
1969 - $10,285,111,111
1968 - $10,034,444,444
1967 - $9,250,000,000
1966 - $8,781,333,333
1965 - $8,427,777,778
1964 - $8,192,413,793
1963 - $9,608,717,288
1962 - $8,814,309,884
1961 - $8,067,267,031
1960 - $7,663,938,303

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

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

GDP per capita in Moldova vs Venezuela by year

Moldova
GDP per capita

GDP per capita, PPP
Venezuela
GDP per capita

GDP per capita, PPP
1x
Year Current $
Moldova Venezuela
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $7,576 $18,615 $4,218 -
2023 $6,800 $17,747 $3,617 -
2022 $5,744 $16,453 $3,155 -
2021 $5,275 $15,682 $2,005 -
2020 $4,376 $13,527 $1,506 -
2019 $4,405 $13,413 $2,523 -
2018 $4,156 $11,868 $3,423 -
2017 $3,453 $11,252 $3,791 -
2016 $2,847 $10,326 $3,670 -
2015 $2,750 $9,198 $4,103 -
2014 $3,290 $8,643 $7,096 -
2013 $3,321 $8,233 $8,656 -
2012 $3,045 $7,255 $12,607 -
2011 $2,941 $6,833 $10,844 $21,241
2010 $2,437 $6,323 $13,646 $20,236
2009 $1,898 $5,827 $11,597 $20,562
2008 $2,111 $6,153 $11,262 $21,402
2007 $1,531 $5,590 $8,332 $20,236
2006 $1,183 $5,271 $6,739 $18,399
2005 $1,034 $4,866 $5,432 $16,511
2004 $897 $4,378 $4,269 $14,757
2003 $682 $3,960 $3,230 $12,359
2002 $571 $3,633 $3,652 $13,375
2001 $507 $3,311 $4,920 $14,714
2000 $441 $3,045 $4,776 $14,174
1999 $399 $2,910 $4,071 $13,623
1998 $579 $2,965 $3,870 $14,568
1997 $657 $3,136 $3,711 $14,655
1996 $575 $3,021 $3,113 $13,824
1995 $594 $3,146 $3,487 $13,890
1994 $574 $3,111 $2,689 $13,370
1993 $797 $4,394 $2,825 $13,702
1992 $778 $4,337 $2,907 $13,652
1991 $1,038 $5,980 $2,633 $12,880
1990 $1,207 $6,895 $2,452 $11,628
1989 - - $2,250 -
1988 - - $3,191 -
1987 - - $2,611 -
1986 - - $3,376 -
1985 - - $3,549 -
1984 - - $3,520 -
1983 - - $4,079 -
1982 - - $4,202 -
1981 - - $4,228 -
1980 - - $3,874 -
1979 - - $3,257 -
1978 - - $2,727 -
1977 - - $2,585 -
1976 - - $2,309 -
1975 - - $2,078 -
1974 - - $2,034 -
1973 - - $1,367 -
1972 - - $1,155 -
1971 - - $1,106 -
1970 - - $1,015 -
1969 - - $932 -
1968 - - $938 -
1967 - - $893 -
1966 - - $876 -
1965 - - $869 -
1964 - - $874 -
1963 - - $1,060 -
1962 - - $1,007 -
1961 - - $954 -
1960 - - $939 -

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

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

Moldova's GDP per capita is $7,576, ranking 99/197, compared to $4,218 in Venezuela, ranking 128/197. Adjusted for purchasing power (GDP per capita PPP), Moldova ranks 100th at $18,615, while Venezuela ranks 93rd at $21,241.

Economic indicators

Moldova Venezuela
Gross domestic product
$18.2B
2024
$120B
2024
GDP rank
134/197
2024
65/197
2024
GDP growth
0.1%
2023-2024
5.3%
2023-2024
GDP per capita
$7,576
2024
$4,218
2024
GDP per capita rank
99/197
2024
128/197
2024
GDP per capita, PPP
$18,615
2024
$21,241
2011
GDP per capita PPP rank
100/197
2024
93/197
2011
Government debt
$7.06B
2024
$197B
2024
Debt-to-GDP ratio
38.8%
2024
164.3%
2024
Government debt per person
$2,938
2024
$6,931
2024
Government debt per person rank
102/185
2024
69/185
2024
Average annual personal income after taxes
$4,291
2026
$3,792
2026
Market capitalization of domestic companies n/a
$3.98B
2002
Number of billionaires n/a
1
2025
Income share by richest 10%
22.8%
2023
33.2%
2006
Income share by poorest 10%
4.3%
2023
1.2%
2006
Government expenditure, % of GDP
38%
2024
17.6%
2024
Consumer prices inflation
4.68%
2023-2024
49%
2023-2024
Central bank interest rate
6%
2025
58.4%
2025
Unemployment rate
1.43%
2024
7.53%
2020
Population
2341166
28661242

Spending and national debt comparison by year

Moldova
Spending

Debt
Venezuela
Spending

Debt
1x
Year % of GDP
Moldova Venezuela
Government spending Government debt Government spending Government debt
2024 38% 38.8% 17.6% 164.3%
2023 38.8% 34.9% 13.1% 138.5%
2022 36.6% 35% 15.1% 164.4%
2021 34.6% 33.6% 13.1% 254.2%
2020 36.7% 36.6% 11.2% 337%
2019 32% 28.8% 21% 206%
2018 31.5% 31.8% 37.9% 175.3%
2017 31% 34.9% 21.8% 133.6%
2016 30.5% 39.7% 19.7% 138.4%
2015 31.7% 42.1% 22.9% 129.8%
2014 33.8% 35.4% 31.6% 84.9%
2013 32.4% 30% 36.5% 85.4%
2012 33.7% 31.3% 38% 58.4%
2011 32.6% 24.2% 39.4% 52.5%
2010 34.1% 25.5% 31.1% 37.7%
2009 45.3% 32.6% 33.3% 27.6%
2008 41.5% 22.2% 34.9% 20.3%
2007 42.7% 28.3% 35.9% 26.4%
2006 40.3% 35% 39.3% 25.7%
2005 37.1% 40.4% 33.5% 34.9%
2004 34.8% 49.3% 31.9% 41.8%
2003 33.5% 68.1% 32.2% 56%
2002 30.7% 80.3% 31% 48.2%
2001 29.5% 85.4% 31.9% 30.7%
2000 34% 89.1% 28.3% 27.7%
1999 33% 150.7% 26.1% 29.6%
1998 39.1% 159.4% 28.8% 30.7%
1997 46% 89% 31% 34.8%
1996 43.3% 87.5% 27.7% 45.9%
1995 42% 79.5% 32.9% 45.9%
1994 - - 42.2% 63.9%
1993 - - 27.7% 57.7%
1992 - - 30.6% 54.8%
1991 - - 33.9% 62.2%
1990 - - 31.9% 63.3%
1989 - - 32.5% 61.8%
1988 - - 33.2% 46.3%
1987 - - 25.1% 58.3%
1986 - - 21.5% 45.9%
1985 - - 20.3% 34.1%
1984 - - 19.7% 36.4%
1983 - - 25.3% 21.4%
1982 - - 29% 18.6%
1981 - - 29.6% 18.9%
1980 - - 22% 16.6%
1979 - - 22.3% 19.2%
1978 - - 29.2% 16.6%
1977 - - 30.6% 12.7%
1976 - - 26.6% 9.64%
1975 - - 33.8% 8.31%
1974 - - 35.3% 7.72%
1973 - - 20% 9.78%
1972 - - 21.3% 10.6%
1971 - - 19.6% 9.64%
1970 - - 19.5% 10.6%
1969 - - 21% 9.91%
1968 - - 19.8% 7.84%
1967 - - 19.8% 6.74%
1966 - - 19.1% 5.84%
1965 - - 18.7% 5.46%
1964 - - 17.9% 4.95%
1963 - - 18.7% 6.3%
1962 - - 17.6% 7.24%
1961 - - 11.8% 8.79%
1960 - - 23.7% 8.28%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1997, retrieved 2026-02-20).

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

In 2024, Moldova's government spending was $6.91B, accounting for 38% of its GDP, while Venezuela spent $21.1B, or 17.6% of GDP.

Debt-to-GDP ratio is 38.8% in Moldova and 164.3% in Venezuela, ranking 137/185 and 5/185, respectively.

Government deficit by year

Deficit/surplus
Moldova

Venezuela
1x
Year Deficit/surplus, % of GDP
Moldova Venezuela
2024 -3.88% -3.6%
2023 -5.13% -1.25%
2022 -3.24% -5.29%
2021 -2.62% -5.85%
2020 -5.32% -6.63%
2019 -1.47% -10.9%
2018 -0.85% -31%
2017 -0.65% -13.3%
2016 -1.56% -8.46%
2015 -1.93% -8.06%
2014 -1.6% -9.81%
2013 -1.57% -10.4%
2012 -1.93% -9.86%
2011 -2.05% -8.24%
2010 -2.18% -4.74%
2009 -6.38% -8.69%
2008 -0.87% -3.46%
2007 0.15% -2.82%
2006 -0.42% -1.6%
2005 1.44% 4.09%
2004 0.59% 2.47%
2003 0.47% 0.17%
2002 -1.18% -1.48%
2001 -0.34% -4.59%
2000 -3.55% 4.45%
1999 -2.64% 0.74%
1998 -1.52% -4.49%
1997 -7.47% 2.58%
1996 -7.42% 7.94%
1995 -2.58% -5.86%
1994 - -11.2%
1993 - -2.92%
1992 - -6.37%
1991 - -2.28%
1990 - 3.84%
1989 - -0.91%
1988 - -9.24%
1987 - -7.47%
1986 - 0.82%
1985 - 6.97%
1984 - 5.33%
1983 - 1.24%
1982 - -0.17%
1981 - 4.74%
1980 - 4.41%
1979 - -3.07%
1978 - -5.44%
1977 - -4.69%
1976 - 1.65%
1975 - 0.88%
1974 - 2.76%
1973 - 1.98%
1972 - 0.42%
1971 - 0.78%
1970 - -1.22%
1969 - -2.17%
1968 - -0.32%
1967 - 0.51%
1966 - 0.23%
1965 - 0.39%
1964 - 1.91%
1963 - 1.92%
1962 - 2.14%
1961 - -1.91%
1960 - -4.08%
1959 - -4.98%
1958 - -4.86%
1957 - 6.7%
1956 - 0.76%
1955 - 0.38%
1954 - 1.84%
1953 - 0.03%
1952 - -0.5%
1951 - -0.24%
1950 - -0.23%
1949 - 0.15%
1948 - 1.27%
1947 - 0.09%
1946 - -0.9%
1945 - 2.9%
1944 - 1.85%
1943 - -0.27%
1942 - 0.2%
1941 - 0.01%
1940 - -1.07%
1939 - -0.78%
1938 - 0.68%
1937 - 0.73%
1936 - -0.52%
1935 - -2.23%
1934 - 1.34%
1933 - 1.03%
1932 - 0.51%
1931 - 1.02%
1930 - -2.03%
1929 - -0.34%
1928 - -0.68%
1927 - 1.55%
1926 - 0.14%
1925 - 0.54%
1924 - 0.37%
1923 - 1.32%
1922 - 1.57%
1921 - -0.97%
1920 - -1.75%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1920–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/moldova/venezuela | 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 Venezuela's deficit of $4.31B, or 3.6% of GDP.

Over the past 30 years, Moldova recorded a fiscal deficit in 26 of those years, while Venezuela ran a deficit in 23 years. On average, Moldova posted an annual deficit equal to 2.26% of GDP, compared to deficit of 4.93% of GDP for Venezuela.

Inflation comparison by year

Inflation
Moldova

Venezuela
1x
Year Consumer prices inflation
Moldova Venezuela
2024 4.68% 49%
2023 13.4% 338%
2022 28.7% 186.5%
2021 5.11% 1,589%
2020 3.77% 2,355%
2019 4.84% 19,906%
2018 3.05% 65,374%
2017 6.57% 438%
2016 6.36% 254.9%
2015 9.68% 121.7%
2014 5.09% 62.2%
2013 4.6% 40.6%
2012 4.55% 21.1%
2011 7.69% 26.1%
2010 7.48% 28.2%
2009 -0.06% 26%
2008 12.8% 31.4%
2007 12.4% 18.7%
2006 12.8% 13.7%
2005 12% 16%
2004 12.5% 21.7%
2003 11.7% 31.1%
2002 5.3% 22.4%
2001 9.76% 12.5%
2000 31.3% 16.2%
1999 39.3% 23.6%
1998 7.7% 35.8%
1997 11.8% 50%

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/venezuela | CC BY

Over the past 28 years, Moldova has recorded an average annual inflation rate of 10.5%, compared with 3,254% in Venezuela. In 2024, inflation was 4.68% in Moldova and 49% in Venezuela.

Balance of trade

Moldova Venezuela
Current account balance
-$3.01B
2024
-$3.87B
2016
Current account balance ranking
156/190
2024
161/190
2016
Current account balance, % of GDP
-16.6%
2024
-3.43%
2016
Goods imports
$8.63B
2024
$16.3B
2016
Goods exports
$3.01B
2024
$27.4B
2016
Service imports
$1.8B
2024
$9.47B
2016
Service exports
$2.73B
2024
$1.28B
2016
Imports of goods and services, % of GDP
57.3%
2024
9.22%
2024
Exports of goods and services, % of GDP
31.4%
2024
16.9%
2024

Economic freedom indices

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

Moldova Venezuela
Economic freedom 58.1 27.3
Economic freedom ranking 112/197 194/197
Property rights 40.4 0
Government integrity 45.1 6.9
Judicial effectiveness 32.4 5.1
Tax burden 87.9 73.4
Government spending 57.2 93
Fiscal health 70.3 29.1
Business freedom 68.3 31.1
Labor freedom 48.1 35.5
Monetary freedom 66 0
Trade freedom 76.8 43.2
Investment freedom 55 0
Financial freedom 50 10

Economic freedom comparison by year

Moldova
Venezuela
1x
Year Economic freedom index
Moldova Venezuela
2026 58.1 27.3
2025 58.3 27.6
2024 57.1 28.1
2023 58.5 25.8
2022 61.3 24.8
2021 62.5 24.7
2020 62 25.2
2019 59.1 25.9
2018 58.4 25.2
2017 58 27
2016 57.4 33.7
2015 57.5 34.3
2014 57.3 36.3
2013 55.5 36.1
2012 54.4 38.1
2011 55.7 37.6
2010 53.7 37.1
2009 54.9 39.9
2008 57.9 44.7
2007 58.7 47.9
2006 58 44.6
2005 57.4 45.2
2004 57.1 46.7
2003 60 54.8
2002 57.4 54.7
2001 54.9 54.6
2000 59.6 57.4
1999 56.1 56.1
1998 53.5 54
1997 48.9 52.8
1996 52.5 54.5
1995 33 59.8

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

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

The Economic Freedom Index for Moldova is 58.1, ranking 112/197, compared to 27.3 for Venezuela, ranking 194/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Moldova Venezuela
Services, % of GDP
62.3%
2024
51.7%
2014
Industry, % of GDP
16.8%
2024
37.2%
2014
Agriculture, forestry, and fishing, % of GDP
7.11%
2024
5.03%
2014
GNI, Atlas method
$16.5B
2024
$109B
2024
GNI per capita, PPP
$18,710
2024
$20,800
2011
Total reserves including gold
$5.48B
2024
$9.79B
2017
Total reserves ranking
96/177
2024
77/177
2017
Net foreign direct investment
-$360M
2024
-$27M
2016
Net inflows of foreign direct investment
$458M
2024
$1.63B
2024
Net outflows of foreign direct investment
$98.4M
2024
$2.6B
2024
Servicing debt to the IMF, % of GNI
6.22%
2024
n/a
Poverty at national poverty lines
31.6%
2023
33.1%
2015
Gross capital formation, % of GDP
21.1%
2024
4.9%
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/venezuela | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1920–1997, 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. 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.