Current Account in Kosovo

Kosovo Current Account | Economic News & Forecasts

Kosovo - Current Account

The economy accelerated in the first quarter according to recent data. Private consumption gained steam, likely supported by a marked fall in the unemployment rate relative to the final quarter of last year, while government spending growth picked up. In less positive news, investment growth—while robust—was the weakest in over one year, potentially weighed on by the escalation of tensions with Serbia and Bosnia-Herzegovina in late 2018. Moreover, the external sector weakened, with export growth slowing and imports accelerating. In other news, the IMF concluded a staff visit in mid-June. While noting that growth is solid, the Fund warned that public wage hikes could put pressure on the fiscal position and also urged the government to carry out structural reforms.

Kosovo - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-3.5  -6.6  -8.5  -7.9  -6.3  

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Kosovo Current Account Chart

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

Kosovo Facts

Bond Yield5.070.0 %May 31
Exchange Rate1.130.65 %Jul 11
Stock Market0.10.0 %Jul 11

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