Kosovo
| FORECAST* | ||||||
|---|---|---|---|---|---|---|
| Main Economic Indicators | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
| Population, 1000 persons | 1605 | 1594 | . | . | . | . |
| GDP, real change in % | 4.1 | 4.6 | 3.6 | 3.8 | 4.1 | . |
| GDP per capita (EUR at PPP) | 10750 | 11440 | . | . | . | . |
| Gross industrial production, real change in % | 9.0 | 5.0 | . | . | . | . |
| Unemployment rate - LFS, in %, average | 10.9 | 10.8 | 10.7 | 10.6 | 10.5 | . |
| Average gross monthly wages, EUR | 570 | 639 | . | . | . | . |
| Consumer prices, % p.a. | 4.9 | 1.6 | 3.9 | 2.5 | 2.0 | . |
| Fiscal balance in % of GDP | -0.3 | -0.3 | -0.3 | -0.5 | -0.5 | . |
| Public debt in % of GDP | 17.2 | 16.8 | 17.5 | . | . | . |
| Current account in % of GDP | -7.2 | -8.4 | -10.0 | -8.9 | -8.4 | . |
| FDI inflow, EUR m | 840 | 794 | . | . | . | . |
| Gross external debt in % of GDP | 39.6 | 40.7 | 39.0 | . | . | . |
Basic data are continuously updated.
* Forecasts are changed beginning of January, April, July and November.
See Press Conferences.
publication_icon
Monthly Report No. 12/2025
Vasily Astrov, Vladislav L. Inozemtsev, Birgit Niessner and Roman Römisch
wiiw Monthly Report No. 12, December 2025
53 pages including 30 Figures
publication_icon
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
The economy is expected to grow by 3.9% in 2025 – a moderate deceleration from the 4.5% expansion of 2024. Inflation picked up during Q2 and Q3 2025, and exposure to import price shocks remains high, given the country’s heavy dependence on imports. The trade imbalance will lead to a persistent current account deficit. Domestic demand, public investment and services exports remain the primary growth engines, but downside risks from the political deadlock, inflationary risks and trade headwinds remain elevated.