Kosovo Economic Outlook
October 4, 2016The latest indicators from the Statistical Institute suggest that the Kosovar economy held up in Q2 after losing steam in the first quarter of the year, when it was dragged down by a deteriorating external sector. In Q2, retail sales expanded and industrial production grew by double digits. Domestic demand, the main engine of growth, remains resilient on the back of higher government and private consumption. Regarding the external sector, exports contracted while imports expanded in August, reflecting robust private consumption of consumer goods in the Balkan country.
Kosovo Economy Data
|GDP per capita (USD)||3,897||3,557||3,809||3,961||-|
|GDP per capita (EUR)||2,688||2,803||2,930||3,054||-|
|GDP (USD bn)||7.0||6.4||6.9||7.2||-|
|GDP (EUR bn)||4.8||5.1||5.3||5.6||-|
|Economic Growth (GDP, annual variation in %)||4.4||2.8||3.4||1.2||3.5|
|Fiscal Balance (% of GDP)||-1.8||-2.4||-3.0||-2.5||-|
|Public Debt (% of GDP)||14.6||17.1||17.6||18.5||-|
|Inflation Rate (CPI, annual variation in %)||7.4||2.5||1.8||0.4||-0.5|
|Current Account (% of GDP)||-14.7||-7.5||-6.5||-7.8||-|
|Current Account Balance (EUR bn)||-0.7||-0.4||-0.3||-0.4||-|
|Trade Balance (EUR billion)||-2.2||-2.2||-2.2||-2.2||-2.3|
|Exports (EUR billion)||0.3||0.3||0.3||0.3||0.3|
|Imports (USD billion)||3.6||3.2||3.2||3.5||2.9|
|Imports (EUR billion)||2.5||2.5||2.4||2.5||2.6|
|Exports (annual variation in %)||7.8||-13.5||6.5||10.5||0.0|
|Imports (annual variation in %)||15.5||0.6||-2.4||3.6||3.8|
|International Reserves (EUR)||0.6||0.8||0.8||0.7||0.9|
5 years of Kosovo economic forecasts for more than 30 economic indicators.
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|Bond Yield||5.48||0.0 %||Jun 30|
|Exchange Rate||1.10||-0.06 %||Oct 19|
Kosovo Economic Growth
October 4, 2016Solid domestic demand in Kosovo should propel growth this year and next. FocusEconomics panelists expect GDP to grow 3.3% in 2016 and 4.1% in 2017.