Kosovo recorded a government budget deficit of 113.90 EUR Million in the fourth quarter of 2020. source: Kosovo Agency of Statistics

Government Budget Value in Kosovo averaged -1.54 EUR Million from 2002 until 2020, reaching an all time high of 231 EUR Million in the fourth quarter of 2007 and a record low of -200.20 EUR Million in the fourth quarter of 2019. This page provides - Kosovo Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kosovo Government Budget Value - values, historical data and charts - was last updated on July of 2021.

Government Budget Value in Kosovo is expected to be 96.21 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Kosovo to stand at 140.01 in 12 months time. In the long-term, the Kosovo Government Budget Value is projected to trend around 140.01 EUR Million in 2022, according to our econometric models.

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Kosovo Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-113.90 -67.20 231.00 -200.20 2002 - 2020 EUR Million Quarterly
Current Prices, NSA

Kosovo Government Last Previous Highest Lowest Unit
Government Debt To GDP 17.46 16.90 17.46 5.51 percent of GDP [+]
Government Budget -0.30 -2.50 7.17 -4.58 percent of GDP [+]
Government Budget Value -113.90 -67.20 231.00 -200.20 EUR Million [+]
Government Spending 1033.40 939.60 1033.40 620.80 EUR Million [+]
Government Revenues 703.20 512.60 1779.30 402.40 EUR Million [+]
Government Debt 1528.48 1487.69 1528.48 249.01 EUR Million [+]
Fiscal Expenditure 817.10 579.80 1764.70 368.00 EUR Million [+]
Credit Rating 15.00 [+]
Military Expenditure 77.00 65.70 77.00 0.80 USD Million [+]

Kosovo Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.