Kosovo’s gross domestic product advanced 4.7 percent year-on-year in the second quarter of 2018, following a 3.5 percent growth in the previous period. It was the strongest pace of expansion since the last quarter of 2015, as output rose faster for household consumption (4.4 percent from 1.4 percent in Q1) and fixed investment (12.2 percent from 10 percent). On the other hand, output slowed for government expenditure (4.7 percent from 5.2 percent). Meanwhile, net trade contributed positively to growth (11.5 percent from 3.3 percent), as exports increased 12 percent (16.2 percent in Q1) and import went up at a softer 11.7 percent (7.8 percent in Q1). GDP Annual Growth Rate in Kosovo averaged 3.70 percent from 2006 until 2018, reaching an all time high of 10.90 percent in the first quarter of 2011 and a record low of -4.50 percent in the first quarter of 2012.

Kosovo GDP Annual Growth Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-04-04 01:05 PM GDP Growth Rate YoY 3.2% 4.4% 4%
2018-06-28 12:40 PM GDP Growth Rate YoY 3.5% 3.2% 4%
2018-09-28 02:00 PM GDP Growth Rate YoY 4.7% 3.5% 3.2%
2018-12-28 11:30 AM GDP Growth Rate YoY 4.7% 3.1%


Kosovo GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 3.50 4.70 10.90 -4.50 percent [+]
GDP 7.13 6.72 7.39 1.85 USD Billion [+]
GDP Constant Prices 6296.90 6043.40 6296.90 3616.10 EUR Million [+]
Gross Fixed Capital Formation 1827.20 1721.30 1827.20 979.90 EUR Million [+]
GDP per capita 4068.21 3925.38 4068.21 1919.84 USD [+]
GDP Per Capita Ppp 9795.83 9451.91 9795.83 4622.77 USD [+]
GDP From Agriculture 186.60 117.40 196.60 94.40 EUR Million [+]
GDP From Construction 153.20 76.50 153.20 34.10 EUR Million [+]
GDP From Manufacturing 181.40 108.50 215.30 91.10 EUR Million [+]
GDP From Mining 44.60 43.60 49.60 20.90 EUR Million [+]
GDP From Public Administration 201.80 188.50 226.00 129.40 EUR Million [+]
GDP From Services 179.30 153.70 261.90 97.50 EUR Million [+]
GDP From Transport 66.30 42.30 80.80 35.70 EUR Million [+]
GDP From Utilities 66.90 74.20 74.20 31.00 EUR Million [+]


Kosovo GDP Annual Growth Rate

The private sector consumption and investments are the most important factors behind economic growth in Kosovo. The country is plagued by a high rate of unemployment, it’s assumed that the shadow economy employs most of the registered unemployed. On the expenditure side, household consumption is the main component of GDP and accounts for 88 percent of its total use, followed by gross capital formation (26 percent) and government expenditure (17 percent). Exports of goods and services account for 20 percent of GDP while imports account for 51 percent, subtracting 31 percent of total GDP. Kosovo is one of the few counties outside the EU that has introduced the Euro as its official currency. This page provides the latest reported value for - Kosovo GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kosovo GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.50 4.70 10.90 -4.50 2006 - 2018 percent Quarterly




Country Last
India 8.20 Jun/18
China 6.50 Sep/18
Turkey 5.20 Jun/18
Indonesia 5.17 Sep/18
Australia 3.40 Jun/18
Switzerland 3.40 Jun/18
United States 3.00 Sep/18
Mexico 2.60 Sep/18
Singapore 2.60 Sep/18
Spain 2.50 Sep/18
Netherlands 2.40 Sep/18
South Korea 2.00 Sep/18
Canada 1.90 Jun/18
Euro Area 1.70 Sep/18
Saudi Arabia 1.61 Jun/18
France 1.50 Sep/18
United Kingdom 1.50 Sep/18
Russia 1.30 Sep/18
Germany 1.10 Sep/18
Brazil 1.00 Jun/18
Italy 0.80 Sep/18
South Africa 0.40 Jun/18
Japan 0.30 Sep/18
Argentina -4.20 Jun/18


Related

Latest