OREANDA-NEWS. June 16, 2010. Moldova’s GDP in the first quarter of 2010 amounted to 14 billion 498 million leis (USD1.1 billion), up 4.7 percent against the same period last year.

According to the National Statistics Office, in particular, the gross added value created in the goods production sector and sector of services exceeded the level of the same period last year by 5.1 percent and 1.3 percent respectively, increasing the GDP by 1% and 0.9%.

The contribution of the gross added value of the sector of goods to GDP formation increased by 0.2 percentage points compared to January-March 2009 while the contribution of the gross added value of the services sector reduced by 0.5 percentage points.

The receipt of taxes on products (including import taxes) by the national public budget rose by 17.4 percent compared to the same period last year resulting in the GDP growth by 2.8 percent. The contribution of taxes on products to GDP formation in the reporting period was 16.5 percent against 16.1 percent in January-March 2009.

The final consumption grew by 1.5 percent compared to the same period last year, increasing the GDP by 2 percent. The growth was determined by the 2.5 percent increase in the final consumption of households. The gross accumulation of the fixed capital reduced by 20.3 percent compared to January-March 2009 making up 10.9 percent in the GDP in the reporting period against 15.2 percent in the respective period of the last year.

Export and import of goods and services rose by 4.7 percent and 1.3 percent, respectively, in comparison with the respective period of 2009. As it was reported earlier, Moldova’s GDP in 2009 amounted to 60 billion 43 million leis (USD4.7 billio), down 6.5 percent against the previous year.