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- Among the poorest countries in EuropeMoldova is a small lower-middle-income economy and is among the poorest countries in Europe12. The country has made significant progress in reducing poverty and promoting inclusive growth since the early 2000s1. The economy has expanded by an average of 4.6 percent annually in the past 20 years, driven by consumption and fueled by remittances1. Around 20 percent of Moldova’s 3.5 million people are poor2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
Moldova is a small lower-middle-income economy. Although it is among the poorest countries in Europe, it has made significant progress in reducing poverty and promoting inclusive growth since the early 2000s. The economy has expanded by an average of 4.6 percent annually in the past 20 years, driven by consumption and fueled by remittances.
www.worldbank.org/en/country/moldova/overviewMoldova is the poorest country in Europe. Its gross domestic product per capita stands at only $5,200. Around 20 percent of Moldova’s 3.5 million people are poor. There are several causes of poverty in Moldova. Here are a few: Poverty is more common among farming families. The country’s history can partly explain why this is.
borgenproject.org/causes-of-poverty-in-moldova/ - See moreSee all on Wikipedia
Poverty in Moldova - Wikipedia
Moldova is considered one of the poorest countries in Europe despite substantial progress. According to the UN Development Program's 2016 report, 9.6% of the population was living in absolute national poverty (as defined by the National Bureau of Statistics [NBS]) and the World Bank reports that 0.2% and … See more
A major concern of the state is that a lot of specialized labour is migrating out of the country. Due to the low number of opportunities for post … See more
Roma continued to be one of the most vulnerable minority groups in the country and faced a higher risk of marginalization, under-representation … See more
The majority of the population that is employed in the agricultural sector are contract employees. In 2014, the average monthly salary for these employees is MDL 2773.9 which is 33.5% lower than the national average. Rural workers from agricultural sectors … See more
Child poverty is one of the most important problems in Moldova. Children living in rural areas have an extremely high risk of poverty especially if the family has three or more children. … See more
Wikipedia text under CC-BY-SA license Moldova Overview: Development news, research, data | World Bank
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