Kosovo GDP Annual Growth Rate  2006-2017 | Data | Chart | Calendar

The economy of Kosovo advanced 4.6 percent year-on-year in the second quarter of 2017, following 3.9 percent growth in the previous period. It is the highest expansion since the last quarter of 2015 as investment rose faster (17.1 percent compared to 13.7 percent in Q1) and government spending shrank less 1.8 percent (-10.7 percent in Q1). On the other hand, household consumption shrank 3.2 percent (+3.9 percent in Q1), the first fall in nearly two years and net trade contributed negatively to growth as exports grew 19.4 percent (4.5 percent in Q1) and imports advanced 1.2 percent (3.8 percent in Q1). GDP Annual Growth Rate in Kosovo averaged 3.62 percent from 2006 until 2017, 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
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Calendar GMT Actual Previous Consensus TEForecast
2017-04-06 09:30 AM GDP Growth Rate YoY 3% 3.8% 4%
2017-09-28 11:30 AM GDP Growth Rate YoY 3.9% 3% 3.5%
2017-09-28 11:30 AM GDP Growth Rate YoY 4.6% 3.9% 3.6%
2017-12-28 12:00 PM GDP Growth Rate YoY 4.6% 3.2%


Kosovo GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 4.60 3.90 10.90 -4.50 percent [+]
GDP 6.65 6.44 7.39 1.85 USD Billion [+]
GDP Constant Prices 6005.60 5795.50 6005.60 3616.10 EUR Million [+]
Gross Fixed Capital Formation 1450.00 1278.70 1450.00 979.90 EUR Million [+]
GDP per capita 3890.07 3792.29 3890.07 1919.84 USD [+]
GDP Per Capita Ppp 9331.69 9097.14 9331.69 4605.40 USD [+]


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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.60 3.90 10.90 -4.50 2006 - 2017 percent Quarterly




gdp annual growth rate by Country

Last
China 6.80 Sep/17
India 5.70 Jun/17
Turkey 5.10 Jun/17
Indonesia 5.01 Jun/17
Canada 3.70 Jun/17
Netherlands 3.30 Jun/17
Spain 3.10 Jun/17
South Korea 2.70 Jun/17
Russia 2.50 Jun/17
Euro Area 2.30 Jun/17
United States 2.20 Jun/17
Germany 2.10 Jun/17
Australia 1.80 Jun/17
France 1.80 Jun/17
Mexico 1.80 Jun/17
Italy 1.50 Jun/17
United Kingdom 1.50 Jun/17
Japan 1.40 Jun/17
Brazil 0.30 Jun/17
Switzerland 0.30 Jun/17