According to the official NBS data, in 2016 the Regional Gross Domestic Product reached MDL 27.316.519 thousand on current prices. NDR ranks second among the development regions according to the GDP and contributes to the National GDP with a share of 18,3%.
From the perspective of the economic development level, NDR is considered to be a developed region with high growth potential. The business sector is characterized by a relatively high number of enterprises, this indicator placing the Region on the third place at national level. SMEs in the NDR continue to represent the backbone of the regional economy, accounting for 98% of enterprises active in the regional economic sectors, making a vital contribution to the growth of the regional economy.
The economy of the Region is mainly based on the tertiary sector (with a high share of trade), industry (representing almost all industrial sectors, mainly manufacturing) and the agricultural sector. Tourism remains a less developed sector for the time being.
The NDR population established on January 1st, 2018 was of 979.690 people, representing about 27,8% of the total population of the country. The highest number of population in the region, about 15% (150.739 people), is concentrated in the municipality of Balti and 10% (100.078 people) in the Soroca rayon, while the Donduseni rayon holds only 4,3% (4.852 people) of the total population of the region.
Population density reaches 98.6 people/sq.km. The highest density is in Balti – 1932.4 people/sq.km, due to a sustained pace of development, which has particularly affected the evolution of the municipality. The lowest density is in Donduseni rayon – 66.5 people/sq.km.
NDR has a favorable geographical location, neighboring Ukraine in the North and having a EU member state (Romania) in the West, which provides a certain level of openness for its future.
The total area of the region is of 10.014 sq.km (the equivalent of about 1.001.394 ha), representing 29,6% of the total area of the country. The region includes 3 municipalities (Balti, Edinet and Soroca) and 11 rayons (Briceni, Edinet, Donduseni, Drochia, Falesti, Floresti, Glodeni, Ocnita, Riscani, Singerei, Soroca)
The region has high fertility soils that allow high yields to agricultural crops. Moreover, there is a wide, diverse range of soil and subsoil resources, which in most cases are used as construction materials.