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Systematic Country Diagnostic

A new report looks at the country's potential to boost economic growth, reduce poverty, and improve living standards of citizens.

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For 25 years, the World Bank Group has partnered with the country to boost economic growth and improve shared prosperity for all.

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Ongoing Consultations

We have started consultations for our new partnership framework with the country for the period 2019–2022.

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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. FYR 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 FYR Macedonia

Bojana Naceva

Senior Education Specialist, FYR Macedonia

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Additional Resources

Country Office Contacts

Skopje
Tel: +389 2 55 15 230
+389 2 3117 159
abozinovska@worldbank.org