Kosovo Current Account to GDP

Kosovo recorded a Current Account deficit of 18.31 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Kosovo is reported by the World Bank. From 2000 until 2012, Kosovo Current Account to GDP averaged -12.5 Percent reaching an all time high of -5.8 Percent in December of 2001 and a record low of -24.3 Percent in December of 2000. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Kosovo Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-21

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-18.31 -20.35 -5.83 -24.33 -17.41 | 2013/12 2000 - 2012 Percent Yearly

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Kosovo Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Capital Flows 140.00 2012-06-29 419.60 419.60 -14.90 125.60 2012-12-31 EUR Million [+]
Balance of Trade -136236.00 2014-02-15 -109431.00 -46937.00 -234941.00 -143143.52 2014-03-31 thousand EUR [+]
Current Account -96.50 2013-09-30 -134.20 -13.40 -460.90 -122.49 2013-12-31 EUR Million [+]
Current Account to GDP -18.31 2012-12-31 -20.35 -5.83 -24.33 -17.41 2013-12-31 Percent [+]
Exports 22072.00 2014-02-15 20520.00 33134.00 1562.00 23427.24 2014-03-31 thousand EUR [+]
Imports 158308.00 2014-02-15 129951.00 257619.00 48559.00 189514.15 2014-03-31 thousand EUR [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


RELATED NEWS

Kosovo Inflation Rate at 0.30 Percent  
The inflation rate in Kosovo was recorded at 0.30 percent in March of 2014. Inflation Rate in Kosovo is reported by the Kosovo Agency of Statistics.
Kosovo Import Prices at 116.20 Index Points  
Import Prices in Kosovo remained unchanged at 116.20 Index Points in the fourth quarter of 2013 from 116.20 Index Points in the third quarter of 2013. Import Prices in Kosovo is reported by the Kosovo Agency of Statistics.
Kosovo Producer Prices at 121.30 Index Points  
Producer Prices in Kosovo increased to 121.30 Index Points in the fourth quarter of 2013 from 118.90 Index Points in the third quarter of 2013. Producer Prices in Kosovo is reported by the Kosovo Agency of Statistics.
Kosovo Unemployed Persons at 268104.00  
The number of unemployed persons in Kosovo increased to 268104 in December of 2013 from 267822 in November of 2013. Unemployed Persons in Kosovo is reported by the Cental Bank of Kosovo.
Kosovo Average Monthly Wages at 364.00 EUR  
Wages in Kosovo increased to 364 EUR in December of 2013 from 355 EUR in November of 2013. Wages in Kosovo is reported by the Kosovo Agency of Statistics.
Kosovo Balance of Trade at -136236.00 thousand EUR  
Kosovo recorded a trade deficit of 136236 thousand EUR in February of 2014. Balance of Trade in Kosovo is reported by the Kosovo Agency of Statistics.
Kosovo Exports at 22072.00 thousand EUR  
Exports in Kosovo increased to 22072 thousand EUR in February of 2014 from 20520 thousand EUR in January of 2014. Exports in Kosovo is reported by the Kosovo Agency of Statistics.
Kosovo Imports at 158308.00 thousand EUR  
Imports in Kosovo increased to 158308 thousand EUR in February of 2014 from 129951 thousand EUR in January of 2014. Imports in Kosovo is reported by the Kosovo Agency of Statistics.
Kosovo Capital Flows at 140.00 EUR Million  
Capital Flows in Kosovo decreased to 140 EUR Million in 2012 from 419.60 EUR Million in 2011. Capital Flows in Kosovo is reported by the Cental Bank of Kosovo.
Kosovo Changes in Inventories at 148.30 EUR Million  
Changes in Inventories in Kosovo decreased to 148.30 EUR Million in 2012 from 156.50 EUR Million in 2011. Changes in Inventories in Kosovo is reported by the Kosovo Agency of Statistics.
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