Kosovo | Economic Forecasts | 2013-2015 Outlook

Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
GDP Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
GDP Constant Prices 4916.40 Jun-12 4928 Dec-12 5100 5117 5133 5147 5968 7975 17663 [+]
Gross Fixed Capital Formation 1238.70 Jun-12 1226 Dec-12 1082 1070 1060 1051 1027 999 998 [+]
GDP 6.24 Dec-12 6.5 Dec-13 6.08 6.07 6.05 6.04 11.1 37.27 1051 [+]
GDP Annual Growth Rate 2.50 Dec-12 0.7 Dec-13 0.99 0.83 1.1 1.1 0.95 2.77 2.51 [+]
GDP per capita 2908.45 Dec-12 3004 Dec-13 2998 3013 3027 3040 5719 20043 573160 [+]
Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
Labour Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
Unemployed Persons 268104.00 Dec-13 268518 Jan-14 269264 270326 270884 270484 264284 270201 269068 [+]
Wages 364.00 Dec-13 363 Jan-14 352 351 347 352 364 361 368 [+]
Population 1.80 Dec-12 1.81 Dec-13 1.81 1.81 1.81 1.81 1.81 1.82 1.82 [+]
Unemployment Rate 30.90 Dec-12 23 Dec-13 23.6 22.7 21.9 21.2 19.2 7.6 9 [+]
Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
Prices Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
Consumer Price Index (CPI) 100.00 Feb-14 100 Mar-14 100 99.13 100 100 115 152 335 [+]
Import Prices 116.20 Nov-13 115 Mar-14 115 116 116 115 116 115 115 [+]
Producer Prices 121.30 Nov-13 120 Mar-14 120 119 119 119 138 183 396 [+]
Inflation Rate 0.30 Mar-14 0.28 Mar-14 0.28 -0.69 -1.19 -0.96 0.45 3.79 4.03 [+]
Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
Trade Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
Capital Flows 140.00 Jun-12 126 Dec-12 -70.88 -79.52 -86.07 -91.05 -102 -52.05 -24.43 [+]
Balance of Trade -136236.00 Feb-14 -143144 Mar-14 -162500 -173379 -181078 -186945 -212212 -280906 -620357 [+]
Current Account -96.50 Sep-13 -122 Dec-13 -71.31 -93.33 -119 -102 -102 -102 -102 [+]
Current Account to GDP -18.31 Dec-12 -17.41 Dec-13 -16.3 -16 -15.72 -15.47 -14.67 -0.28 -0.05 [+]
Exports 22072.00 Feb-14 23427 Mar-14 23392 25461 23637 21297 25711 32793 72691 [+]
Imports 158308.00 Feb-14 189514 Mar-14 185892 198839 204716 208242 237923 313699 693048 [+]
Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
Government Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
Government Budget Value -58.60 Feb-14 -132 Mar-14 -132 -174 -220 -274 -275 -274 -274 [+]
Government Spending 788.30 Jun-12 791 Dec-12 806 804 803 802 916 1207 2666 [+]
Government Budget 1.50 Dec-12 1.74 Dec-13 3.54 3.67 3.77 3.84 3.97 2.77 2.52 [+]
Credit Rating 15.00 [+]
Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
Business Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
Changes in Inventories 148.30 Jun-12 148 Dec-12 142 142 142 142 142 141 141 [+]
Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
Consumer Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
Consumer Spending 4447.60 Jun-12 4471 Dec-12 4726 4752 4775 4796 5587 7518 16661 [+]
Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
Taxes Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
Personal Income Tax Rate 10.00 Jan-13 [+]

Trading Economics forecasts are driven by our own analysts’ expectations and technically projected using an autoregressive integrated moving average (ARIMA) model. First, we model the past behaviour of a time series by using vast amounts of historical data. Then, we adjust the coefficients of the econometric model by taking into account, our own analyst’s assessments and future expectations. While we work hard to make our predictions accurate, please note that past performance of our forecast model is not necessarily indicative of future results. Moreover, please take into account that because countries publish their data releases in different dates and sometimes with significant delays we may have to project past data which has already some time but was not yet released by official sources. If you have any question please email us at contact@tradingeconomics.com



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.
MORE RELATED NEWS

LATEST NEWS

Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News


This page includes economic forecasts for Kosovo. 4/20/2014