Moldova Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Moldova's government debt to gdp was 37.80% in 2025, ranked 134th globally. This represents a 2.5% decrease from 2024. Data from IMF WEO, covering 1995–2025.
Overview
Moldova's government debt to gdp stood at 37.80% in 2025, a decline of +0.98% from 2024. The IMF projects 37.80% by 2025. Moldova ranked 134th globally.
Moldova’s general government debt stood at 37.80 % of GDP in 2025, placing it 134th in the world and virtually identical to the Kyrgyz Republic’s 37.81 % share. The debt ratio has fallen sharply from its all‑time peak of 159.41 % in 1998, a period marked by severe fiscal imbalances and external shocks, to a historic low of 22.20 % in 2008 during a brief window of fiscal consolidation. Over the 31‑year span from 1995 to 2025, the indicator has shown a long‑term downward trajectory, reflecting successive reforms, improved tax collection and limited reliance on external borrowing. Nevertheless, the recent stabilization around the high‑30s suggests that Moldova is now operating at a higher debt level than the 2008 trough, albeit far below the late‑1990s crisis point. Continued fiscal discipline, stronger revenue mobilization and a resilient growth environment will be crucial to keep the debt‑to‑GDP ratio on a declining path.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 42.71% | - | - |
| 2029* IMF | 42.99% | - | - |
| 2028* IMF | 42.48% | - | - |
| 2027* IMF | 40.99% | - | - |
| 2026* IMF | 39.15% | - | - |
| 2025* IMF | 37.80% | - | - |
| 2025 | 37.80% | −0.98% | #134 |
| 2024 | 38.78% | +3.83% | #51 |
| 2023 | 34.95% | −0.10% | #41 |
| 2022 | 35.04% | +1.40% | #42 |
| 2021 | 33.64% | −2.99% | #29 |
| 2020 | 36.63% | +7.84% | #32 |
| 2019 | 28.79% | −3.01% | #32 |
| 2018 | 31.80% | −3.06% | #40 |
| 2017 | 34.86% | −4.82% | #49 |
| 2016 | 39.68% | −2.42% | #65 |
| 2015 | 42.10% | +6.73% | #86 |
| 2014 | 35.36% | +5.39% | #78 |
| 2013 | 29.97% | −1.36% | #65 |
| 2012 | 31.33% | +7.13% | #73 |
| 2011 | 24.20% | −1.27% | #50 |
Detected Pattern
Analysis
Moldova matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Moldova's government debt to gdp was 37.80% in 2025. Ranked 134th globally. This represents a 2.5% decrease from the previous year.
Moldova's government debt to gdp peaked at 159.41% in 1998.
The lowest government debt to gdp in Moldova was 22.20% in 2008.
Moldova ranks 134th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Moldova's government debt to gdp is projected to reach 37.80% by 2025 based on IMF projection.
The government debt to gdp of Moldova in 2025 was 37.80%. This ranks 134th in the world.
Cite this page
@misc{historysaid_moldova_government-debt-to-gdp,
title = {Moldova Government Debt to GDP},
url = {https://historysaid.com/moldova/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}