Kosovo | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Kosovo including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Kosovo economy.


Overview Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 27.50 26.4 26.4 26.4 25.2 24 percent [+]
Inflation Rate 1.50 1.3 1.4 1.5 1.6 2.6 percent [+]
Balance of Trade -245829.00 -222316 -207211 -210649 -210709 -210571 EUR Thousand [+]
Government Debt To GDP 15.02 15.5 15.5 15.5 16.1 19.6 percent [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 3.00 3.6 3.2 3.2 3 2 percent [+]
GDP 6.40 6.5 6.58 6.57 6.4 7.45 USD Billion [+]
GDP Constant Prices 5807.00 5888 5975 6063 6126 7041 EUR Million [+]
Gross Fixed Capital Formation 1498.90 1451 1502 1553 1567 1771 EUR Million [+]
GDP per capita 3796.23 3823 3866 3910 3938 4365 USD [+]
GDP Per Capita Ppp 9142.15 9259 9487 9716 9832 11145 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 27.50 26.4 26.4 26.4 25.2 24 percent [+]
Unemployed Persons 108385.00 109522 109452 109449 109449 109449 [+]
Wages 449.00 446 446 446 447 447 EUR/Month [+]
Population 1.80 1.8 1.81 1.82 1.82 1.82 Million [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 1.50 1.3 1.4 1.5 1.6 2.6 percent [+]
Consumer Price Index CPI 101.20 101 101 101 101 101 Index Points [+]
Producer Prices 114.20 117 119 121 123 137 Index Points [+]
Import Prices 114.40 115 115 115 116 116 Index Points [+]
Producer Prices Change 0.90 2.6 3.2 3.6 2.9 2.3 percent [+]
Inflation Rate Mom -0.80 -0.19 0.25 0.18 0.12 0.14 percent [+]
Food Inflation 1.90 2.12 2.22 2.21 2.21 2.21 percent [+]
Cpi Transportation 100.40 100 100 100 100 100 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Banks Balance Sheet 3682.85 3719 3773 3828 3882 4479 EUR Million [+]
Loans To Private Sector 1466.70 1496 1518 1539 1561 1774 EUR Million [+]
Central Bank Balance Sheet 1595.38 1627 1610 1609 1611 1611 EUR Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -245829.00 -222316 -207211 -210649 -210709 -210571 EUR Thousand [+]
Exports 33492.00 31141 30009 29568 29435 29332 EUR Thousand [+]
Imports 279322.00 255069 233757 239131 239594 239171 EUR Thousand [+]
Current Account -76.70 -58.34 -80.96 -71.7 -76.4 -74.93 EUR Million [+]
Current Account to GDP -10.30 -9.2 -9.2 -9.2 -8.6 -6.1 percent [+]
Capital Flows -35.90 -4.74 -41.29 -22.79 -31.76 -28.26 EUR Million [+]
Remittances 50.70 57.16 59.75 60.67 60.6 59.94 EUR Million [+]
Terrorism Index 2.21 1.96 1.85 1.73 1.87 2.05 [+]
Foreign Direct Investment 23.90 36.59 42.81 38.5 42.92 39.62 EUR Million [+]
External Debt 2045.00 2105 2126 2151 2173 2333 EUR Million [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt To GDP 15.02 15.5 15.5 15.5 16.1 19.6 percent [+]
Government Budget -1.30 -1.44 -1.31 -1.18 -0.99 -1.7 percent of GDP [+]
Government Budget Value 93.80 30.63 62.05 93.46 79.65 0.22 EUR Million [+]
Government Spending 895.20 897 873 850 848 839 EUR Million [+]
Government Revenues 1706.10 1428 1464 1500 1518 1514 EUR Million [+]
Government Debt 942.70 982 1032 1064 1104 1482 EUR Million [+]
Fiscal Expenditure 1612.30 1546 1580 1614 1621 1626 EUR Million [+]
Military Expenditure 52.00 51.74 52.21 52.68 52.29 51.54 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Changes in Inventories 102.40 119 113 107 110 149 EUR Million [+]
Industrial Production 3.20 5.52 13.55 2.96 5.16 1.13 percent [+]
Mining Production 54.10 -32.65 8.69 13.31 31.04 -16.75 percent [+]
Corruption Index 36.00 35 35 34 34 37 Points [+]
Corruption Rank 95.00 100 101 101 101 93 [+]
Ease Of Doing Business 60.00 63.12 63.5 63.88 63.51 62.75 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Consumer Spending 5045.10 5203 5196 5188 5241 5885 EUR Million [+]
Consumer Credit 816.30 835 853 870 887 1072 EUR Million [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Personal Income Tax Rate 10.00 10 10 10 10 10 percent [+]
Sales Tax Rate 18.00 18 18 18 18 18 percent [+]
Social Security Rate 10.00 10 10 10 10 10 percent [+]
Social Security Rate For Companies 5.00 5 5 5 5 5 percent [+]
Social Security Rate For Employees 5.00 5 5 5 5 5 percent [+]
Corporate Tax Rate 10.00 10 10 10 10 10 percent [+]