International Reserves in Kosovo
Kosovo - International ReservesThe economy lost considerable steam in the first quarter due to the initial effects from the Covid-19 outbreak and related containment measures, with a much worse impact expected for the second quarter. Annual GDP growth ebbed to a near six-year low of 1.3% (Q4 2019: +3.9% year-on-year) due to weaker private consumption and a collapse in investment. A surge in exports, however, cushioned the slowdown somewhat. Turning to Q2, household and capital spending were likely pummeled further as the full weight of social distancing measures and closure of non-essential businesses took their toll, reflected in part by the crash in consumer and investment loans in April–May. Meanwhile, in early June, the new government lifted all trade barriers against Serbia, paving the way for a resumption of talks to normalize relations between both countries after they were derailed almost two years ago.
Kosovo - International Reserves Data
|International Reserves (EUR)||0.7||0.6||0.7||0.8||0.9|
5 years of economic forecasts for more than 30 economic indicators.
Kosovo International Reserves Chart
|Bond Yield||4.74||0.0 %||Nov 30|
|Exchange Rate||1.12||0.65 %||Dec 31|
|Stock Market||0.1||0.0 %||Jan 07|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.