Current Account in Kosovo

Kosovo Current Account | Economic News & Forecasts

Kosovo - Current Account

GDP growth moderated in the third quarter in annual terms, following a robust second-quarter print. A sharp downturn in exports was a key factor behind the slowdown, while a contraction in government consumption also hampered growth. On a more positive note, a surge in household consumption thanks to higher remittances, tourism and rising wages contributed to a solid GDP result. Moreover, investment growth more than doubled in Q3, supported by surging construction activity. Turning to political developments, on 28 December Kosovo levied additional tariffs on Serbian imports, now targeting foreign-produced goods. The move will likely further stall negotiations required to qualify for EU accession.

Kosovo - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-6.5  -7.4  -9.0  -     -     

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Kosovo Current Account Chart

Kosovo Current Account
Note: Current account balance as % of GDP.
Source: World Bank

Kosovo Facts

Bond Yield4.970.0 %Nov 30
Exchange Rate1.140.65 %Jan 16
Stock Market0.20.0 %Nov 26

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