map Kosovo
Economic growth for 2023 will be around 3.2% and will be driven by domestic demand. Consumer price inflation has fallen substantially, though there is still upward pressure from food prices and energy costs. The uneasy dialogue with Serbia and the sanctions imposed by the EU are having repercussions for the economy, with a slowing of trade relations and EU investment.
Main Economic Indicators202020212022202320242025
Population, 1000 persons179017861782...
GDP, real change in %-5.310.
GDP per capita (EUR at PPP)741086909470...
Gross industrial production, real change in %
Unemployment rate - LFS, in %, average25.920.712.512.412.312.0
Average gross monthly wages, EUR466484521...
Consumer prices, % p.a.0.23.411.
Fiscal balance in % of GDP-7.6-1.3-0.5-0.5-1.4-2.0
Public debt in % of GDP22.021.119.6...
Current account in % of GDP-7.0-8.7-10.2-8.9-7.9-7.6
FDI inflow, EUR m346421778...
Gross external debt in % of GDP37.037.138.4...

Basic data are continuously updated.

* Forecasts are changed beginning of January, April, July and November.
See Press Conferences.


Executive summary

Branimir Jovanović
in: Beneath the Veneer of Calm
wiiw Forecast Report No. Autumn 2023, October 2023 , pp. I-VI


Monthly Report No. 7-8/2023

Vasily Astrov, Alexandra Bykova, Rumen Dobrinsky, Selena Duraković, Meryem Gökten, Richard Grieveson, Doris Hanzl-Weiss, Gabor Hunya, Branimir Jovanović, Niko Korpar, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Sandor Richter, Bernd Christoph Ströhm, Maryna Tverdostup, Nina Vujanović, Zuzana Zavarská and Adam Żurawski
wiiw Monthly Report No. 7-8, July-August 2023
51 pages including 3 Tables, 24 Figures and 1 Box