Current Account in Kosovo
Kosovo - Current AccountGDP 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
|Current Account (% of GDP)||-6.5||-7.4||-9.0||-||-|
5 years of economic forecasts for more than 30 economic indicators.
Kosovo Current Account Chart
Source: World Bank
|Bond Yield||4.97||0.0 %||Nov 30|
|Exchange Rate||1.14||0.65 %||Jan 16|
|Stock Market||0.2||0.0 %||Nov 26|
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