The Central Bank of the Republic of Kosovo released external sector statistics for the third quarter of 2025 and balance of payments data through October 2025, showing a current account deficit of EUR 734.04 million by end-October, up EUR 197.60 million (36.8%) from the same period a year earlier. The goods trade deficit reached EUR 4.64 billion through October, 16.5% higher year on year, as exports fell 0.23% to EUR 785.96 million while imports rose 13.77% to EUR 5.43 billion. Offsetting items included a services surplus of EUR 1.95 billion (up 21.15%), a primary income surplus of EUR 230.38 million (up about 28.60%), and a secondary income surplus of EUR 1.73 billion (up 4.23%), with remittances of EUR 1.17 billion through October (up EUR 48.51 million, or 4.32%); preliminary estimates put November remittances at around EUR 104.85 million, taking the year-to-date total to EUR 1.28 billion through end-November, with 56.06% routed via IFJB, 16.88% via commercial banks and 27.06% via other channels. Financial account assets recorded a positive balance of EUR 836.03 million and liabilities EUR 1.25 billion, while direct investment in Kosovo reached EUR 846.75 million (up 27.85%) and direct investment abroad totalled EUR 301.65 million; reserve assets increased by EUR 356.76 million through October, driven by a EUR 376.56 million rise in deposits and a EUR 19.80 million decline in securities investments due to maturities. For the third quarter of 2025, the international investment position showed international assets rising by EUR 831.76 million and liabilities by EUR 420.00 million, and gross external debt reached EUR 4.61 billion, up EUR 142.08 million from the prior quarter, reflecting a EUR 145.21 million increase in private sector debt and a EUR 3.12 million decrease in public debt.
Central Bank of the Republic of Kosovo 2026-01-05
Central Bank of the Republic of Kosovo publishes Q3 2025 external sector statistics and October 2025 balance of payments showing a wider current account deficit
The Central Bank of the Republic of Kosovo reported a current account deficit of EUR 734.04 million by end-October 2025, a 36.8% increase from the previous year, with a goods trade deficit of EUR 4.64 billion and surpluses in services, primary, and secondary income. Direct investment in Kosovo rose 27.85% to EUR 846.75 million, while reserve assets increased by EUR 356.76 million, and gross external debt reached EUR 4.61 billion, driven by rising private sector debt.