Kosovo
Kosovo has been one of the fastest growing economies in the region and is likely to remain so. Growth will be supported by consumption and gross fixed capital formation. The 100% tariff imposed on imports from Serbia and Bosnia and Herzegovina in 2019 is likely to remain in place, and will continue to push up prices. The new government could deliver important domestic reforms, and is also likely to shake up international relations in the Western Balkans region.
| FORECAST* | ||||||
|---|---|---|---|---|---|---|
| Main Economic Indicators | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Population, 1000 persons | 1778 | 1791 | 1797 | . | . | . |
| GDP, real change in % | 4.1 | 4.2 | 3.8 | 4.2 | 4.0 | 4.3 |
| GDP per capita (EUR at PPP) | 7600 | 7800 | 8300 | . | . | . |
| Gross industrial production, real change in % | -6.7 | 4.9 | -1.3 | . | . | . |
| Unemployment rate - LFS, in %, average | 27.5 | 30.5 | 29.6 | 25.0 | 23.5 | 21.0 |
| Average gross monthly wages, EUR | 519 | 528 | 558 | . | . | . |
| Consumer prices, % p.a. | 0.3 | 1.5 | 1.1 | 2.7 | 2.5 | 2.5 |
| Fiscal balance in % of GDP | 0.2 | 1.3 | 0.4 | . | . | . |
| Public debt in % of GDP | 14.0 | 15.5 | 16.3 | . | . | . |
| Current account in % of GDP | -7.9 | -5.4 | -7.6 | -7.2 | -7.5 | -7.9 |
| FDI inflow, EUR mn | 220 | 255 | 272 | . | . | . |
| Gross external debt in % of GDP | 33.2 | 32.6 | 30.3 | . | . | . |
Basic data are continuously updated.
* Forecasts are changed beginning of March, July and November.
See Press Conferences.
KOSOVO: Opposition parties triumph
Isilda Mara
in: Braced for Fallout from Global Slowdown
wiiw Forecast Report No. Autumn 2019, November 2019 , pp. 76-79
Details and Buy
Monthly Report No. 6/2019
Vasily Astrov, Rumen Dobrinsky, Richard Grieveson, Doris Hanzl-Weiss, Gabor Hunya, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter, Hermine Vidovic and Goran Vuksic
wiiw Monthly Report No. 6, June 2019
27 pages including 24 Tables and 1 Figure