Оценка вклада предприятий с иностранными инвестициями в экономику Республики Молдова

Abstract

The purpose of this article is to analyze the indicators of the contribution of enterprises with foreign investment to the economy of the Republic of Moldova, based on data from the National Bureau of Statistics and the National Bank of Moldova. The analysis showed that enterprises with foreign direct investment (FDI) participate in the creation of gross domestic product (GDP): in 2019, the share of FDI flows in GDP was 4.2%; the share of FDI stocks in GDP amounted to 39.6%. Enterprises with FDI are present not only in sectors with high gross value added, but also in activities with a relatively low share in value added. Due to their higher productivity, enterprises with FDI contribute to the development of these sectors. With a relatively low share of enterprises with FDI in the total number of enterprises (7.5%), this group of enterprises create jobs for 16.3% of the workforce employed in Moldovan enterprises; at the same time, their share in sales income is 28.4%, which illustrates high labor productivity. Enterprises with FDI make a significant contribution to the formation of the budget, paying 29.4% of income tax. They own 27.4% of fixed assets for both industrial and social purposes. They also pay the highest wages to their workers, helping to raise their standard of living and probably curbing the growth of emigration.