Kosovo

The new government has a tiny majority and is made up of a diverse set of parties, meaning that significant reform will be difficult. However, the economy is growing strongly, driven in particular by supportive external factors, and this is likely to remain the case over the forecast period. Exports are growing rapidly, but from a very low base, and a significant change in Kosovo’s remittance-dependent growth model is unlikely in the medium term.

map Kosovo
        FORECAST*
Main Economic Indicators201420152016201720182019
Population, 1000 persons181317881778...
GDP, real change in %1.24.14.13.73.83.8
GDP per capita (EUR at PPP)670073007500...
Gross industrial production, real change in %-1.34.82.8...
Unemployment rate - LFS, in %, average35.332.927.529.527.025.2
Average net monthly wages, EUR430451457...
Consumer prices, % p.a.0.4-0.50.31.61.92.3
Fiscal balance in % of GDP-2.91.60.2...
Public debt in % of GDP10.512.914.0...
Current account in % of GDP-6.9-8.6-9.0-10.0-10.6-11.1
FDI inflow, EUR mn151309216...
Gross external debt in % of GDP31.233.333.7...


Basic data are continuously updated.

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

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KOSOVO: New government facing challenges, but growth will remain strong

Richard Grieveson
in: CESEE Back on Track to Convergence
wiiw Forecast Report No. Autumn 2017, November 2017 , pp. 82-85
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Monthly Report No. 7-8/2017

Vasily Astrov, Rumen Dobrinsky, Vladimir Gligorov, Richard Grieveson, Doris Hanzl-Weiss, Peter Havlik, Gabor Hunya, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter and Hermine Vidovic
wiiw Monthly Report No. 7-8, July-August 2017
27 pages including 1 Table and 2 Figures

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