Growth will average close to 4% during the forecast period, driven by consumption and investment, making Kosovo one of the fastest growing economies in the region. Remittance inflows will remain elevated and a key means of financing consumption. FDI inflows are likely to continue to flow largely into the non-tradable sector; exports are very low as a share of GDP, and the current account deficit will widen further. Reform of the business environment, judiciary and education will remain slow.

map Kosovo
Main Economic Indicators201420152016201720182019
Population, 1000 persons181317881778...
GDP, real change in %
GDP per capita (EUR at PPP)670073007500...
Gross industrial production, real change in %-1.35.0-1.1...
Unemployment rate - LFS, in %, average35.332.927.525.825.525.2
Average net monthly wages, EUR429458453...
Consumer prices, % p.a.0.4-
Fiscal balance in % of GDP-
Public debt in % of GDP10.512.914.2...
Current account in % of GDP-6.9-8.6-9.2-10.0-10.6-11.1
FDI inflow, EUR mn151309216...
Gross external debt in % of GDP31.233.334.2...

Basic data are continuously updated.

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


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



KOSOVO: Remittances to continue driving growth

Richard Grieveson
in: Cautious Upturn in CESEE: Haunted by the Spectre of Uncertainty
wiiw Forecast Report No. Spring 2017, March 2017 , pp. 81-85
Details and Buy