Moldova External Debt to GNI
External debt stocks as % of GNI DT.DOD.DECT.GN.ZS
Moldova's external debt to gni was 57.32% in 2025, ranked 35th globally. This represents a 0.3% increase from 2024. Data from World Bank, covering 1992–2025.
Overview
Moldova's external debt to gni stood at 57.32% in 2025, a rise of +0.18pp from 2024. Based on recent trends, this figure is projected to reach 57.32% by 2025. Moldova ranked 35th globally.
Moldova’s external debt relative to gross national income has risen sharply from a modest 1.65 % in 1992, the lowest point in the 34‑year series, to 57.32 % in 2025, placing the country 35th worldwide. The metric peaked at 136.19 % in 2000, a level that more than doubled the current figure and reflected a period of aggressive borrowing amid transition‑related fiscal pressures. Since that apex, debt‑to‑GNI has fallen steadily but remains far above the early‑1990s trough, indicating a persistent reliance on external financing for investment and balance‑of‑payments needs. Moldova’s position is closely aligned with peers such as the Maldives (57.66 %) and Nigeria (56.57 %), both of which face similar challenges in managing debt burdens while pursuing growth. The downward trajectory since 2000 suggests a gradual consolidation of external liabilities, yet any resurgence in borrowing or a slowdown in export earnings could reverse this trend, underscoring the importance of fiscal discipline and diversified revenue sources for future stability.
Data & projection
| Year | External Debt to GNI | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 53.08% | - | - |
| 2026* trend | 55.20% | - | - |
| 2025* trend | 57.32% | - | - |
| 2025 | 57.32% | +0.18pp | #35 |
| 2024 | 57.15% | −5.65pp | #74 |
| 2023 | 62.80% | −4.06pp | #80 |
| 2022 | 66.86% | +1.90pp | #88 |
| 2021 | 64.96% | −1.71pp | #83 |
| 2020 | 66.68% | +7.48pp | #76 |
| 2019 | 59.19% | −2.61pp | #76 |
| 2018 | 61.81% | −7.39pp | #81 |
| 2017 | 69.19% | −4.59pp | #84 |
| 2016 | 73.79% | −0.11pp | #94 |
| 2015 | 73.90% | +16.67pp | #97 |
| 2014 | 57.23% | −2.48pp | #87 |
| 2013 | 59.71% | +3.82pp | #87 |
| 2012 | 55.89% | −2.13pp | #81 |
| 2011 | 58.02% | −5.14pp | #91 |
Detected Pattern
Analysis
Moldova matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw external debt to gni improve within 24 months. View full analysis →
Frequently Asked Questions
Moldova's external debt to gni was 57.32% in 2025. Ranked 35th globally. This represents a 0.3% increase from the previous year.
Moldova's external debt to gni peaked at 136.19% in 2000.
The lowest external debt to gni in Moldova was 1.65% in 1992.
Moldova ranks 35th globally in external debt to gni as of 2025.
The World Bank indicator code is DT.DOD.DECT.GN.ZS. Data sourced from World Bank.
Moldova's external debt to gni is projected to reach 57.32% by 2025 based on trend extrapolation.
The external debt to gni of Moldova in 2025 was 57.32%. This ranks 35th in the world.
Cite this page
@misc{historysaid_moldova_external-debt-to-gni,
title = {Moldova External Debt to GNI},
url = {https://historysaid.com/moldova/external-debt-to-gni/},
publisher = {HistorySaid},
year = {2026}
}