Kosovo
Kosovo will be among the fastest growing CESEE economies in 2019. Growth will accelerate above 4% thanks to government and household consumption, rising FDI inflows and new infrastructure projects. The 100% tariff imposed on imports from Serbia and Bosnia and Herzegovina will not be suspended; first adverse effects – e.g. on prices – are already emerging. The border change idea has not the support of Germany and France, but another summit with WB6 leaders on the Kosovo-Serbia dialogue will convene in July.
| FORECAST* | ||||||
|---|---|---|---|---|---|---|
| Main Economic Indicators | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Population, 1000 persons | 1778 | 1791 | 1813 | . | . | . |
| GDP, real change in % | 4.1 | 3.7 | 3.9 | 4.1 | 4.1 | 4.0 |
| GDP per capita (EUR at PPP) | 7600 | 7700 | 8000 | . | . | . |
| Gross industrial production, real change in % | -6.7 | 4.9 | 3.0 | . | . | . |
| Unemployment rate - LFS, in %, average | 27.5 | 30.5 | 29.6 | 29.5 | 29.0 | 28.0 |
| Average gross monthly wages, EUR | 519 | 528 | 530 | . | . | . |
| Consumer prices, % p.a. | 0.3 | 1.5 | 1.1 | 1.6 | 1.6 | 1.6 |
| Fiscal balance in % of GDP | 0.2 | 1.4 | 0.4 | . | . | . |
| Public debt in % of GDP | 14.0 | 15.9 | 17.2 | . | . | . |
| Current account in % of GDP | -7.9 | -6.1 | -8.3 | -8.6 | -9.3 | -9.0 |
| FDI inflow, EUR mn | 220 | 255 | 214 | . | . | . |
| Gross external debt in % of GDP | 33.2 | 33.2 | 30.8 | . | . | . |
Basic data are continuously updated.
* Forecasts are changed beginning of March, July and November.
See Press Conferences.
Monthly Report No. 6/2019
Vasily Astrov, Rumen Dobrinsky, Richard Grieveson, Doris Hanzl-Weiss, Gabor Hunya, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter, Hermine Vidovic and Goran Vuksic
wiiw Monthly Report No. 6, June 2019
27 pages including 24 Tables and 1 Figure
KOSOVO: 2019 a decisive year for relations with Serbia
Isilda Mara
in: Moving Into the Slow Lane
wiiw Forecast Report No. Spring 2019, March 2019 , pp. 96-99
Details and Buy