Moldova's economy faces modest growth and falling foreign investment amid Ormuz tensions

Moldovan Economy Minister Eugen Osmochescu said the country’s GDP rose only 0.4% in the first quarter of 2026, reaching 77.5 billion lei, below the EU average of 0.6%. He linked the tepid performance to lower productivity, a weak construction sector and postponed effects of the Strait of Ormuz crisis, noting that the full impact on trade and logistics is expected later. The IMF has lowered its 2026 growth forecast to 1.5‑1.9%.

Data from the National Bank of Moldova show foreign direct investment dropping by €303 million to €3.42 billion by the end of Q1 2026. External debt rose 4.1% to €10.52 billion, equal to 58% of GDP, underscoring rising financial pressures.