October 8 (SeeNews) - The International Monetary Fund reiterated its April forecast that Moldova and Turkey will post the highest economic growth in Southeast Europe (SEE) this year, keeping Moldova's outlook at 4.0% and raising Turkey's by 0.4 percentage points to 3.8%.
At the bottom of the table, Slovenia and Croatia will see their economies shrink this year by 2.6% and 0.6%, respectively, the International Monetary Fund (IMF) said in the October edition of its semiannual World Economic Outlook. Previously, the IMF had forecast a 0.2% GDP decline for Croatia and a 2.0% contraction for Slovenia.
Details from the IMF's autumn World Economic Outlook follow:
GDP GROWTH (in pct)
|
2012 |
2013 |
2014 |
2018 |
Albania |
1.6 |
1.7 |
2.1 |
2.5 |
Bosnia and Herzegovina |
-0.7 |
0.5 |
2.0 |
4.0 |
Bulgaria |
0.8 |
0.5 |
1.6 |
3.0 |
Croatia |
-2.0 |
-0.6 |
1.5 |
2.5 |
Kosovo |
2.3 |
2.6 |
4.2 |
4.5 |
Macedonia |
-0.3 |
2.2 |
3.2 |
4.0 |
Moldova |
-0.8 |
4.0 |
4.0 |
5.0 |
Montenegro |
-0.5 |
1.5 |
2.2 |
2.7 |
Romania |
0.7 |
2.0 |
2.2 |
3.5 |
Serbia |
-1.7 |
2.0 |
2.0 |
3.0 |
Slovenia |
-2.5 |
-2.6 |
-1.4 |
2.6 |
Turkey |
2.2 |
3.8 |
3.5 |
4.5 |
CONSUMER PRICE INFLATION (annual average, in pct)
|
2012 |
2013 |
2014 |
2018 |
Albania |
2.0 |
2.2 |
2.7 |
3.0 |
Bosnia and Herzegovina |
2.0 |
1.8 |
1.8 |
2.2 |
Bulgaria |
2.4 |
1.4 |
1.5 |
2.5 |
Croatia |
3.4 |
3.0 |
2.5 |
3.0 |
Kosovo |
2.5 |
2.1 |
1.8 |
1.5 |
Macedonia |
3.3 |
2.8 |
2.1 |
2.0 |
Moldova |
4.6 |
4.4 |
4.3 |
5.0 |
Montenegro |
3.6 |
2.8 |
2.9 |
2.3 |
Romania |
3.3 |
4.5 |
2.8 |
2.5 |
Serbia |
7.3 |
8.5 |
5.0 |
3.5 |
Slovenia |
2.6 |
2.3 |
1.8 |
2.1 |
Turkey |
8.9 |
6.6 |
5.3 |
5.0 |
CURRENT ACCOUNT BALANCE (as pct of GDP)
|
2012 |
2013 |
2014 |
2018 |
Albania |
-10.5 |
-9.3 |
-10.5 |
-7.4 |
Bosnia and Herzegovina |
-9.7 |
-8.7 |
-7.9 |
-5.0 |
Bulgaria |
-1.3 |
1.2 |
0.3 |
-3.2 |
Croatia |
0.1 |
0.4 |
-0.7 |
-2.5 |
Kosovo |
-7.6 |
-10.5 |
-8.7 |
-8.1 |
Macedonia |
-3.9 |
-5.8 |
-6.2 |
-4.8 |
Moldova |
-7.0 |
-7.6 |
-8.8 |
-8.8 |
Montenegro |
-17.9 |
-16.7 |
-16.2 |
-16.1 |
Romania |
-3.9 |
-2.0 |
-2.5 |
-3.5 |
Serbia |
-10.5 |
-7.5 |
-6.5 |
-8.8 |
Slovenia |
3.3 |
5.4 |
7.0 |
6.3 |
Turkey |
-6.1 |
-7.4 |
-7.2 |
-8.3 |