According to the latest World Economic Outlook report from the International Monetary Fund, the eurozone economy is projected to grow by an average of 1.2% per year from 2027 to 2031. Moreover, the peak, expected in 2028, will reach only 1.4%. The European Union’s economy as a whole looks slightly better: average annual growth is estimated at 1.4%, with the peak also occurring in 2028—at around 1.6%.
However, according to the forecast, five European countries may exceed these modest figures. Among them, Moldova ranks fifth. The country’s economy will grow by an average of 3.5% per year between 2027 and 2031, with 2028 proving to be the strongest year at around 3.7%. This recovery will follow a period of severe upheaval: a war on the border, an energy crisis, and a drought, which led to near-zero growth in the particularly difficult year of 2024. EU funding and reforms will drive this upward trend. According to IMF experts, it is critically important for the country to maintain the pace of reforms, euronews reports.
In addition to Moldova, the IMF has included Serbia (average growth rate of 3.52%), Ukraine (3.8%, with reservations and provided the war ends), Kosovo (4%), and Malta (4%).
