Kosovo’s gross domestic product expanded 3.4 percent year-on-year in the third quarter of 2018, following a 4.7 percent growth in the previous period. Government expenditure shrank 4.6 percent, after rising 4.7 percent in the second quarter. On the other hand, both household consumption (8.4 percent from 4.4 percent in Q2) and fixed investment (24.6 percent from 12.2 percent) advanced faster. Meanwhile, net trade contributed negatively to growth, as exports fell 8 percent (from 12 percent in Q2) while imports rose 8.4 percent (from 11.7 percent in Q2). GDP Annual Growth Rate in Kosovo averaged 3.71 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.

GDP Annual Growth Rate in Kosovo is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Kosovo to stand at 1.80 in 12 months time. In the long-term, the Kosovo GDP Annual Growth Rate is projected to trend around 2.00 percent in 2020, according to our econometric models.

Kosovo GDP Annual Growth Rate
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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 02:55 PM GDP Growth Rate YoY 3.4% 4.7% 3.1%
2019-04-04 12:00 PM GDP Growth Rate YoY 3.4% 2.5%
2019-06-28 11:00 AM GDP Growth Rate YoY 2%
2019-09-30 11:00 AM GDP Growth Rate YoY 2.2%


Kosovo GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 3.40 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 136.10 186.60 196.60 94.40 EUR Million [+]
GDP From Construction 148.40 153.20 153.20 34.10 EUR Million [+]
GDP From Manufacturing 234.00 181.40 234.00 91.10 EUR Million [+]
GDP From Mining 41.90 44.60 49.60 20.90 EUR Million [+]
GDP From Public Administration 194.50 201.80 226.00 129.40 EUR Million [+]
GDP From Services 277.10 179.30 277.10 97.50 EUR Million [+]
GDP From Transport 73.20 66.30 80.80 35.70 EUR Million [+]
GDP From Utilities 57.30 66.90 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.40 4.70 10.90 -4.50 2006 - 2018 percent Quarterly




Country Last Previous
India 7.10 Sep/18
China 6.50 Sep/18
Indonesia 5.17 Sep/18
United States 3.00 Sep/18
Australia 2.80 Sep/18
Mexico 2.50 Sep/18
Saudi Arabia 2.50 Sep/18
Netherlands 2.40 Sep/18
Spain 2.40 Sep/18
Switzerland 2.40 Sep/18
Singapore 2.20 Dec/18
Canada 2.10 Sep/18
South Korea 2.00 Sep/18
Euro Area 1.60 Sep/18
Turkey 1.60 Sep/18
Russia 1.50 Sep/18
United Kingdom 1.50 Sep/18
France 1.40 Sep/18
Brazil 1.30 Sep/18
Germany 1.10 Sep/18
South Africa 1.10 Sep/18
Italy 0.70 Sep/18
Japan 0.00 Sep/18
Argentina -3.50 Sep/18


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