The Central Bank of the Republic of Kosovo published external sector position statistics for the second quarter of 2025 and balance of payments data through July 2025, showing a current account deficit of EUR 742.18 million by end-July, EUR 206.40 million wider than the same period a year earlier. The goods trade deficit reached EUR 3.19 billion, up 19.03% year on year, with exports down 1.71% to EUR 528.27 million and imports up 15.57% to EUR 3.72 billion. Offsetting factors included a services surplus of EUR 1.11 billion (up 22.25%), a primary income surplus of EUR 184.93 million (from EUR 113.88 million), and a secondary income surplus of EUR 1.15 billion (up 2.74%), with remittances at EUR 785.06 million (up 4.15%); preliminary estimates put August remittances at around EUR 143.4 million, taking the preliminary eight-month total to EUR 928.48 million. In the financial account, assets posted a positive balance of EUR 376.32 million and liabilities EUR 900.63 million; direct investment in Kosovo totalled EUR 540.94 million (up 24.24%), while direct investment abroad was EUR 212.78 million. Reserve assets increased by EUR 201.48 million, supported by a EUR 264.06 million rise in deposits, partly offset by a EUR 62.58 million decline in securities holdings due to maturities. For the international investment position in the second quarter of 2025, international assets rose by EUR 280.91 million and liabilities by EUR 468.12 million, bringing the end-June stocks to EUR 8.41 billion and EUR 10.96 billion, respectively. Gross external debt reached EUR 4.43 billion at end-Q2 2025, up EUR 218.19 million from the previous quarter, driven mainly by the private sector (up EUR 133.13 million), while public sector external debt rose by EUR 85.05 million to EUR 1.02 billion, or 23.03% of the total.

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