Chis¸inau is the main commercial center, with a well-developed system for product distribution. Both national and foreign firms have a strong presence within the retail sector. Since two-thirds of Moldova is rural, local farm markets play an important role in the domestic economy. A great deal of progress had been made in liberalizing and privatizing the economy. With US assistance, nearly all of the nation's farmlands were under private ownership as of 2000. As of January 2003, nearly 2,000 small, medium, and large-sized enterprises had also been transferred to private ownership.
In purchasing power parity terms, per capita gross domestic product (GDP) was $3,000 in 2002.