Current Account in Kosovo
Kosovo - Current AccountThe 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
|Current Account (% of GDP)||-3.5||-6.6||-8.5||-7.9||-6.3|
5 years of economic forecasts for more than 30 economic indicators.
Kosovo Current Account Chart
Source: World Bank
|Bond Yield||5.07||0.0 %||May 31|
|Exchange Rate||1.13||0.65 %||Jul 11|
|Stock Market||0.1||0.0 %||Jul 11|
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