Kosovo recorded a Current Account deficit of 8.30 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Kosovo averaged -9.09 percent from 2000 until 2018, reaching an all time high of -3.40 percent in 2013 and a record low of -24.33 percent in 2000.

Current Account to GDP in Kosovo is expected to be -10.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kosovo Current Account to GDP is projected to trend around -9.00 percent in 2020, according to our econometric models.

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Kosovo Current Account to GDP
Kosovo Trade Last Previous Highest Lowest Unit
Balance of Trade -257302.00 -279951.00 -46937.00 -296396.00 EUR Thousand [+]
Current Account 184.50 36.60 184.50 -460.90 EUR Million [+]
Current Account to GDP -8.30 -6.10 -3.40 -24.33 percent [+]
Imports 295724.00 311857.00 336866.00 48559.00 EUR Thousand [+]
Exports 38422.00 31906.00 40470.00 1562.00 EUR Thousand [+]
Capital Flows 124.20 17.20 124.20 -278.00 EUR Million [+]
Remittances 73.80 73.90 608.70 41.60 EUR Million [+]
Terrorism Index 2.69 2.55 2.90 1.74 [+]
Foreign Direct Investment 53.20 35.30 440.70 -19.10 EUR Million [+]
External Debt 2141.66 2037.95 2141.66 520.64 EUR Million [+]


Kosovo Current Account to GDP

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. Kosovo Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on November of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-8.30 -6.10 -3.40 -24.33 2000 - 2018 percent Yearly




Country Last Previous
Singapore 17.70 Dec/18 16
Netherlands 11.20 Dec/18 10.8
Switzerland 10.20 Dec/18 6.7
Saudi Arabia 9.20 Dec/18 1.5
Germany 7.60 Dec/18 8.3
Russia 7.00 Dec/18 2.1
South Korea 4.70 Dec/18 4.9
Japan 3.50 Dec/18 4
Euro Area 3.10 Dec/18 3.1
Italy 2.60 Dec/18 2.7
Spain 1.90 Dec/18 2.7
China 0.40 Dec/18 1.3
France -0.60 Dec/18 -0.6
Brazil -0.77 Dec/18 -0.35
Australia -1.50 Dec/18 -3.4
Mexico -1.80 Dec/18 -1.7
India -2.30 Dec/18 -1.9
United States -2.40 Dec/18 -2.3
Canada -2.60 Dec/18 -2.8
Indonesia -3.00 Dec/18 -1.6
Turkey -3.50 Dec/18 -5.6
South Africa -3.60 Dec/18 -2.5
United Kingdom -4.30 Dec/18 -3.5
Argentina -5.40 Dec/18 -4.9


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