The current account deficit of the balance of payments of Moldova in the third quarter of 2020 was US$333.03 million. The capital account recorded a negative balance of US$23.45 million, while the financial account resulted in net capital inflows of US$412.20 million. According to the National Bank of Moldova, the current account deficit of the balance of payments in the first nine months of 2020 declined by 39.9% to US$556.61 million on January-September 2019. The current account was -6.4% of the GDP, IPN reports.

The deficit of trade in goods was US$2 179,02 million, down 11.0% compared with January-September 2019. Despite the considerable decline in the physical volume of exported goods, exports declined to a lesser extent owing to the rise in the prices of exported goods.

The outflows of primary revenues, especially the revenues for being paid to foreign investors, declined. The surplus of the secondary revenues rose by 18.1% on January-September 2019.

The personal transfers received by resident Moldovans from abroad grew by 7.2%. The value of humanitarian assistance and grants received within the international cooperation for all the institutional sectors increased by 17.2%.

The financial account in January-September 2020 ended in net capital inflows of US$652.12 million.

The public administration in nine months took out foreign loans totaling US$367.55 million. The commitments in the form of commercial loans and the advances received from nonresident commercial partners rose by US$85.91 million. The commitments in the form of foreign direct investment grew by US$22.74 million.