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Regional Economic Outlook

Growth in the Western Balkans accelerated from 2.6% in 2017 to 3.8% in 2018 and is projected to average 3.7 percent in 2019-20.

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A new strategy aims to assist the country in moving on a path toward more sustainable, export-oriented, and inclusive growth.

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Kosovo in Figures

Find data and facts about the country's development progress.

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Growth projections in the Western Balkans region for 2018 have been revised upward and are now estimated to reach 3.5%. Growth was stimulated by higher public investment and consumption, while countries with higher growth rates boosted them mostly by investment and exports. Over 90,000 jobs were created in the first half of 2018, with new employment mostly in industry and services.

 

Kosovo and Albania are expected to grow at 4% this year. At 3.8%, Montenegro’s growth is projected to be 1 percentage point higher, although still lower than last year. Growth in Bosnia and Herzegovina continues to be stable at an estimated 3.2%. Serbia’s economy has rebounded to 3.5% growth after last year’s weather-related slowdown. Macedonia’s growth also rebounded to 2.5%, as investor confidence was Restored.

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Experts

Marco Mantovanelli

Country Manager for Kosovo and North Macedonia

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Country Office Contacts

Pristina, Kosovo
Rruga Prishtin? - Fush?
Kosov? 10060 Pristina
+383-38-224-454-1100
[email protected]
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