While IMF estimates an economic growth of 3.7% for Moldova in 2019, the Vienna Institute of International Economic Studies has more optimistic prediction.
They believe that Moldova will have the highest economic growth over the next three years among all 23 Central and South-Eastern European countries.
According to Austrian experts, this year, our country's Gross Domestic Product will grow by 3.8 percent, 2020 - by 3.6%, 2021 - 3.5%.
Slower economic growth is forecast for Romania. The highest increase is predicted for 2021 - 3.2%. Estimation for Ukraine in 2021 is 2.9% economic growth.
The report of the Institute of International Economic Studies in Vienna also shows that between 2019 and 2021, the additional tariffs imposed by the United States, Brexit and euro area issues could pose a threat to the economies of export-dependent countries.
The most affected could be the Czech Republic, Slovenia, Slovakia and Hungary, countries with strong automotive industry.
Other threats to the 23 countries in Central, Eastern and Southeastern Europe are labor shortages and a possible reduction in European funds.