Moldova Table of Contents
General Character: Centralized. Government efforts to privatize and establish market economy slow.
National Material Product (NMP): In 1991 about US$13.1 billion; real growth rate -11.9 percent in 1992. Agriculture accounted for 42 percent of NMP in 1991, followed by industry with 38 percent, and other sectors with 24 percent.
Agriculture: State and collective farms transformed into joint-stock companies. Primary crops: fruits and berries, grains, grapes, tobacco, vegetables, sugar beets, potatoes, and sunflowers. Cattle, hogs, poultry, and lambs raised.
Industry: Food, machinery and metalworking, light industry, building materials, tractors, and wood products.
Minerals: No commercial mineral deposits.
Energy: Primary energy sources (minor hydroelectric and thermal power plants, and firewood) meet only 1 percent of domestic needs. Highly dependent on Russia for nearly all oil, gasoline, coal, and natural gas needed to fuel electric-power generation plants.
Foreign Trade: In 1994 nearly three-quarters of foreign trade with other members of Commonwealth of Independent States. Most imports and the vast majority of exports still directed toward territories of former Soviet Union. Imports: industrial raw materials, fossil fuels, and manufactured goods. Exports: wine and spirits, processed foods, and clothing and textiles.
Fiscal Year: Calendar year.
Currency and Exchange Rate: The leu (pl., lei), introduced in November 1993. In January 1995, 4.27 lei per US$1.
Data as of June 1995