Kosovo recorded a Current Account deficit of 7.60 percent of the country's Gross Domestic Product in 2023. Current Account to GDP in Kosovo averaged -8.96 percent of GDP from 2000 until 2023, reaching an all time high of -3.50 percent of GDP in 2013 and a record low of -24.33 percent of GDP in 2000. source: Central Bank of the Republic of Kosovo

Current Account to GDP in Kosovo is expected to reach -7.90 percent of GDP by the end of 2024, 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 -7.00 percent of GDP in 2025 and -6.60 percent of GDP in 2026, according to our econometric models.




Related Last Previous Unit Reference
Capital Flows -79.20 -33.60 EUR Million Oct 2024
Current Account -165.00 -58.40 EUR Million Oct 2024
Current Account to GDP -7.60 -10.50 percent of GDP Dec 2023
External Debt 3976.25 3980.77 EUR Million Sep 2024
Foreign Direct Investment 68.50 92.90 EUR Million Oct 2024
Remittances 101.30 111.20 EUR Million Nov 2024

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.
Actual Previous Highest Lowest Dates Unit Frequency
-7.60 -10.50 -3.50 -24.33 2000 - 2023 percent of GDP Yearly