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 Indicators202220232024202520262027
Population, 1000 persons17681775....
GDP, real change in %4.34.14.33.83.9.
GDP per capita (EUR at PPP)87509750....
Gross industrial production, real change in %12.39.0....
Unemployment rate - LFS, in %, average12.510.910.810.710.6.
Average gross monthly wages, EUR521570....
Consumer prices, % p.a.11.64.91.62.12.0.
Fiscal balance in % of GDP-0.5-0.3-0.50.00.5.
Public debt in % of GDP19.717.2....
Current account in % of GDP-10.3-7.5-7.8-7.8-7.6.
FDI inflow, EUR m732840....
Gross external debt in % of GDP38.639.6....


Basic data are continuously updated.

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

publication_icon

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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