Kosovo

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Growth is projected to hover at above 4% this year, driven by strong domestic demand. Inflationary pressures have eased significantly and are expected to decline further in the coming months. A solid fiscal performance has helped keep public debt relatively low. The energy sector has had a particularly good year, recording a positive trade balance. However, the overall trade balance is expected to deteriorate as imports continue to outstrip exports.
        FORECAST*
Main Economic Indicators202120222023202420252026
Population, 1000 persons178617681775...
GDP, real change in %10.74.34.14.13.83.9
GDP per capita (EUR at PPP)780086509330...
Gross industrial production, real change in %21.712.39.0...
Unemployment rate - LFS, in %, average20.712.510.910.810.710.6
Average gross monthly wages, EUR484521570...
Consumer prices, % p.a.3.411.64.92.22.12.0
Fiscal balance in % of GDP-1.3-0.5-0.3-0.50.00.5
Public debt in % of GDP21.119.717.2...
Current account in % of GDP-8.7-10.3-7.5-7.8-7.8-7.6
FDI inflow, EUR m421732840...
Gross external debt in % of GDP37.138.639.6...


Basic data are continuously updated.

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

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Monthly Report No. 7-8/2024

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, Zuzana Zavarská and Adam Żurawski
wiiw Monthly Report No. 7-8, July-August 2024
45 pages including 5 Tables and 12 Figures

Details

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Executive summary

Olga Pindyuk
in: The Crisis is Over, but its Scarring Effects are Hindering Recovery
wiiw Forecast Report No. Spring 2024, April 2024 , pp. I-VII
Details


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