Kosovo is highly depended on remittances, receiving an amount of more than 10% of GDP on annual basis. The decrease of economic activity in developed countries is surely expected to have an impact on the decrease of this very important source of funding for consumption in our country.
Despite the stable flow of remittances to Kosovo, they marked a decrease in the last global economic crisis, namely in 2009, 2010, 2011; therefore, it remains to be seen how the effects of pandemic crisis are to be manifested in economies where our Diaspora is concentrated in order to have a more specific assessment for the remittances this year.