Fiscal Balance in Kosovo

Kosovo Fiscal Balance | Economic News & Forecasts

Kosovo - Fiscal Balance

Growth was likely strong in the second quarter, as robust family remittances in April–May and healthy annual consumer credit growth in June should have supported household spending, while government consumption likely also provided support. Turning to the third quarter, the external sector had a good start, with July’s merchandise exports surging. Meanwhile, in late August, Kosovo’s president called for snap elections for 6 October, after Parliament voted to dissolve itself following the resignation of Ramush Haradinaj as prime minister. Recent polls suggest no party will form a majority; as a result, protracted collation talks will likely follow, which could weigh on business sentiment. Ongoing tensions with Serbia, which show no sign of abating, could also rattle firms’ confidence.

Kosovo - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-3.0  -2.3  -1.6  -1.1  -1.1  

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Kosovo Fiscal Balance Chart


Kosovo Fiscal
Note: Fiscal balance as % of GDP
Source: Ministry of Finance

Kosovo Facts

ValueChangeDate
Bond Yield5.360.0 %Jun 30
Exchange Rate1.100.65 %Sep 04
Stock Market0.10.0 %Sep 04

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