Kosovo is a transition country less affected by the global economic crisis. As donor support decreases, private consumption and investments are becoming the most important factors behind economic growth.
Kosovo has seen an uninterrupted economic growth since 2001, mainly driven by private consumption, improvement in net exports and a significant inflow of remittances from abroad. The Kosovo government has planned to continue the pursuit of market-oriented economic policies and to improve the country’s production capabilities.
Kosovo is one of the few countries outside of the EU-zone that has adopted the EURO as its official currency.
|Real GDP growth (%)||7.2||3.5||3.2||4.4||2.5||3.5||2.7|
|Annual inflation (%)||9.4||-2.4||3.5||7.3||2.5||1.8||0.4|
|Central Budget Balance as % of GDP||-0.2||-0.1||-2.0||-1.8||1.5||-2.9||-2.4|
|Coverage of Imports by Exports (%)||10.3||8.5||13.7||12.8||–||12.0||12.8|
|FDI (€ m)||366.5||287.4||365.8||393.9||291.1||258.9||123.9|
|Unemployment Rate (%)||47||45||–||39||30,9||30||35.3|