IMF cuts Kosovo's 2024 GDP growth projection to 3.8%

Kosovo's gross domestic product (GDP) is expected to increase by 4% in 2025, the IMF said in the April edition of its World Economic Outlook report published on Tuesday.

Kosovo's average consumer price inflation is seen slowing down to 3.5% in 2024 from 5.2% last year, before further abating to 3% in 2025, the IMF said.

The country's current account deficit, which stood at 7.6% of GDP in 2023, is expected to fall to 6.9% of GDP in 2024 and then decline further to 4.6% next year.

The economy of Emerging and Developing Europe area is expected to grow by 3.1% in 2024, the IMF said, increasing its October forecast by 0.9 percentage points.