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Country name:

conventional long form: Republic of Moldova
conventional short form: Moldova
local long form: Republica Moldova
local short form: none
former: Soviet Socialist Republic of Moldova; Moldavia

 

Capital:

Chisinau (Kishinev). Population: 662,200 (official estimate 2004).
 

 

Location:

Eastern Europe, northeast of Romania

 

Area:

33,800 sq km (13,050 sq miles).

 

Description:
Moldova is a small landlocked state in southeastern Europe one of the most highly populated republics of the former USSR. To the north, east and south, Moldova is bound by Ukraine; to the west by Romania. The River Prut constitutes the border with Romania. The country has rich pastures and wooded slopes, ideal for wine-growing.
 

Population:

4.3 million (UN estimate 2005).
 

 

Languages:

Moldovan (official), although considered to be virtually identical to Romanian. Russian is still the most widely-spoken language.
 

 

Climate:

Very mild and pleasant. Temperate with warm summers 20 to 23?�C (68 to 73?�F), crisp, sunny autumns and cold, sometimes snowy, winters.

Economy - overview:

Moldova remains one of the poorest countries in Europe. It has a temperate climate and good farmland but has no major mineral deposits and must import almost all of its energy supplies. As a result, the economy depends heavily on agriculture, particularly fruits, vegetables, wine and tobacco.

GDP grew by 6% or more every year between 2000-05, though this was based largely on consumption fed by money received from Moldovans working outside of the country - about 25% of working-age Moldovans are employed abroad. The country had an unemployment rate of 7.3% in 2005.

The illegal separatist regime in the Transistria region also continues to drag on the Moldovan economy.

Economy:

Moldova remains one of the poorest countries in Europe. It has a temperate climate and good farmland but has no major mineral deposits and must import almost all of its energy supplies. As a result, the economy depends heavily on agriculture, particularly fruits, vegetables, wine and tobacco.

GDP grew by 6% or more every year between 2000-05, though this was based largely on consumption fed by money received from Moldovans working outside of the country - about 25% of working-age Moldovans are employed abroad. The country had an unemployment rate of 7.3% in 2005.

The illegal separatist regime in the Transistria region also continues to drag on the Moldovan economy.
 

 

Industries:

food processing, agricultural machinery, foundry equipment, refrigerators and freezers, washing machines, hosiery, sugar, vegetable oil, shoes, textiles

 

Exports:
Food, textiles and machinery

Imports:
Mineral products and fuel, machinery and equipment, chemicals, and textiles.

Main trade partners: Russia, Romania, Ukraine, Germany and Italy

Exchange rates:
Leu (MDL; symbol (plural) Lei) = 100 bani. Notes are in denominations of Lei500, 200, 100, 50, 20, 10, 5 and Leu1. Coins are in denominations of 50, 25, 10, 5 and 1 bani.
http://www.worldtravelguide.net/country/175/money/Europe/Moldova.html



GDP :
US$2.6 billion (2006).

 

 

Useful links:

 

 

 

 

  Copyright By :  Kish Trade Promotion Center  2002