Cityscape in Kosovo

Kosovo Fiscal Balance (% of GDP)

Fiscal Balance in Kosovo

After picking up in Q4, activity was likely upbeat in Q1 too. In January–February, energy consumption contracted at a significantly slower pace than in Q4. Furthermore, consumer loans and exports rebounded in annual terms in Q1, while remittance growth accelerated. Moreover, inflation decelerated over the same period, reducing pressure on real incomes and private consumption. In politics, the diplomatic crisis with Serbia worsened over the past month. In early May, Prime Minister Kurti dismissed the team—headed by a Serbian MP—behind plans for a community of Serb-majority municipalities in the north of the country, boding poorly for normalizing relations with Serbia. The dismissal came shortly after an EU-brokered meeting in Brussels with Serbian President Vucic. Meanwhile, in April, the EU Parliament approved visa-free travel for Kosovan citizens from 2024 onwards.

Kosovo Fiscal Balance Chart

This chart displays Fiscal Balance (% of GDP) for Kosovo from 2012 to 2021.

Kosovo Fiscal Balance Data

2017 2018 2019 2020 2021
Fiscal Balance (% of GDP) -1.2 -2.6 -2.7 -7.6 -0.9

Free sample report

Interested in economic reports, analysis and data? FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. Request your free sample report now.

Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest