Kosovo | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 32.90 31.8 31.4 31.2 30.8 27.5 percent [+]
Inflation Rate 1.70 0.9 0.8 1 1.3 2.2 percent [+]
Balance of Trade -174189.00 -177392 -200239 -196708 -196747 -196827 EUR Thousand [+]
Government Debt To GDP 13.58 15.09 15.47 15.83 16.16 19.28 percent [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Annual Growth Rate 3.80 3.5 3.6 3.4 3.2 2 percent [+]
GDP 6.40 6.48 6.5 6.57 6.57 7.45 USD Billion [+]
GDP Constant Prices 5807.00 5800 5888 5975 6063 7041 EUR Million [+]
Gross Fixed Capital Formation 1498.90 1410 1468 1525 1583 1862 EUR Million [+]
GDP per capita 3796.23 3763 3806 3849 3891 4306 USD [+]
GDP Per Capita Ppp 9165.80 9175 9208 9242 9276 10321 USD [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 32.90 31.8 31.4 31.2 30.8 27.5 percent [+]
Unemployed Persons 145807.00 145718 145769 145770 145771 145771 [+]
Wages 453.00 457 462 466 471 526 EUR/Month [+]
Population 1.80 1.79 1.8 1.81 1.82 1.82 Million [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 1.70 0.9 0.8 1 1.3 2.2 percent [+]
Consumer Price Index CPI 102.30 103 102 102 102 102 Index Points [+]
Producer Prices 113.70 115 117 119 121 137 Index Points [+]
Import Prices 112.90 114 114 114 114 114 Index Points [+]
Inflation Rate Mom 0.20 0.34 0.1 0.14 0.15 0.14 percent [+]
Producer Prices Change -0.10 2.1 3.4 4.9 3.6 2.3 percent [+]
Food Inflation 1.10 1.3 1.33 1.32 1.32 1.32 percent [+]
Cpi Transportation 100.70 102 105 106 106 124 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Banks Balance Sheet 3640.63 3663 3717 3772 3826 4477 EUR Million [+]
Loans To Private Sector 1407.80 1413 1426 1440 1453 1594 EUR Million [+]
Central Bank Balance Sheet 1485.98 1473 1490 1488 1486 1486 EUR Million [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -174189.00 -177392 -200239 -196708 -196747 -196827 EUR Thousand [+]
Exports 23696.00 24976 24768 24975 25006 25030 EUR Thousand [+]
Imports 197885.00 199005 227531 222260 221860 222217 EUR Thousand [+]
Current Account -96.40 -60.69 -74.92 -65.46 -71.5 -69.27 EUR Million [+]
Current Account to GDP -7.60 -8.93 -8.56 -8.18 -7.81 -6.84 percent [+]
Capital Flows -38.10 -8.49 -16.93 -13.24 -18.34 -15.83 EUR Million [+]
Remittances 65.00 76.74 80.48 82.19 82.67 83.03 EUR Million [+]
Terrorism Index 2.21 1.73 1.87 2.01 2.15 2.05 [+]
Foreign Direct Investment 15.00 13.02 12.99 13.01 13.01 13.01 EUR Million [+]
External Debt 2014.22 2054 2080 2091 2108 2244 EUR Million [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt To GDP 13.58 15.09 15.47 15.83 16.16 19.28 percent [+]
Government Budget -1.30 -1.57 -1.44 -1.31 -1.18 -1.7 percent of GDP [+]
Government Budget Value 93.80 -0.78 30.63 62.05 93.46 0.22 EUR Million [+]
Government Spending 895.20 920 897 873 850 839 EUR Million [+]
Government Revenues 1706.10 1392 1428 1464 1500 1514 EUR Million [+]
Government Debt 799.20 939 972 999 1019 1189 EUR Million [+]
Fiscal Expenditure 1612.30 1512 1546 1580 1614 1626 EUR Million [+]
Military Expenditure 60.10 63.61 61.64 59.67 59.24 53.59 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Changes in Inventories 102.40 125 119 113 107 149 EUR Million [+]
Industrial Production -4.80 3.25 3.26 3.26 3.26 3.26 percent [+]
Mining Production 65.90 0.87 0.87 0.87 0.87 0.87 percent [+]
Ease Of Doing Business 60.00 62.74 63.12 63.5 63.88 62.75 [+]
Corruption Index 36.00 36 35 35 34 37 Points [+]
Corruption Rank 95.00 107 109 111 113 107 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Consumer Spending 5045.10 5220 5258 5295 5333 6373 EUR Million [+]
Consumer Credit 797.50 806 821 836 852 1035 EUR Million [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 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 [+]





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. 3/30/2017