Moldova shifts toward service-led growth model

Moldova shifts toward service-led growth model

Business

Moldova’s service exports recorded robust growth in the January–September 2025 period, surpassing goods exports.

In real terms, service exports increased by 9.7%, contributing 1.4 percentage points to the 2% GDP growth recorded in the same period, CE Report quotes MOLDPRES.

As a result, service exports account for roughly 16% of GDP and exceeded goods exports by about 5%, strengthening the services sector’s position as the main driver of Moldova’s foreign trade.

The sectors with the highest growth were IT, travel services, and business services.

According to the Ministry of Economic Development and Digitalization (MDED), available data confirm a transition toward a service-based economic growth model, focusing on knowledge-intensive, skill-intensive, and high-value-added areas.

In this context, MDED emphasized that public policies should continue supporting human capital development, digitalization of the economy, improving the business climate, and promoting the internationalization of Moldovan services to fully capitalize on the potential of this strategic sector.

As reported by CE Report, statistical data show that over the past five years, the services sector has become one of the most dynamic pillars of Moldova’s economy. Between 2020 and 2024, its volume doubled, increasing from $1.27 billion to $2.7 billion.

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