Kosovo GDP Annual Growth Rate  2006-2016 | Data | Chart | Calendar

The economy of Kosovo advanced 3.8 percent year-on-year in the three months to March of 2016, following 5.0 percent expansion in the previous period. The growth was driven by 22.1 percent rise investments (+15.1 percent in Q4), 5.3 percent increase in household consumption (+4.9 percent in Q4) and rebound in government spending (+0.9 percent from -2.1 percent in Q4). Exports grew 0.6 percent (-8.7 percent in Q4) while imports went up at a faster 13 percent (+2.2 percent in Q4). On the production side, the expansion was led by hotels and restaurants (+14 percent); construction (+8.2 percent); other services (+3.5 percent); transportation (+3.3 percent); wholesale and retail trade (+3.1 percent); utilities (+2.4 percent) and financial activities and insurance (+2.2 percent). GDP Annual Growth Rate in Kosovo averaged 3.36 percent from 2006 until 2015, 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 reported by the Kosovo Agency of Statistics.

Kosovo GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
3.80 5.00 10.90 -4.50 2006 - 2016 percent Quarterly
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 July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-12 01:33 PM Q3 4.0% 4.8% 1.17%
2016-05-26 12:00 PM Q4 5.0% 4.0% 3.4%
2016-07-12 01:45 PM Q1 3.8% 5.0% 5.5%
2016-10-07 12:00 PM Q2 3.8% 4.8%
2016-12-29 12:00 PM Q3 4.2%

Kosovo GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 3.80 5.00 10.90 -4.50 percent [+]
GDP 6.39 7.38 7.38 1.85 USD Billion [+]
GDP Constant Prices 5484.90 5326.60 5484.90 2911.80 EUR Million [+]
Gross Fixed Capital Formation 1293.80 1322.60 1475.90 583.60 EUR Million [+]
GDP per capita 3785.59 3621.70 3785.59 1919.84 USD [+]
GDP Per Capita Ppp 9140.10 8744.41 9140.10 4635.34 USD [+]




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Ivory Coast 10.30 Dec/15
Ethiopia 9.60 Dec/15
Papua New Guinea 9.00 Dec/15
Palestine 8.00 Mar/16
India 7.90 Mar/16
Uzbekistan 7.80 Jun/16
Congo 7.70 Dec/15
Rwanda 7.30 Mar/16
Monaco 7.20 Dec/14
Tanzania 7.10 Dec/15
Bangladesh 7.05 Dec/16
Laos 7.00 Dec/15
Myanmar 7.00 Dec/15
Cambodia 6.90 Dec/15
Philippines 6.90 Mar/16
China 6.70 Jun/16
Djibouti 6.70 Dec/15
Tajikistan 6.50 Mar/16
Turkmenistan 6.50 Dec/15
Senegal 6.40 Mar/16
Dominican Republic 6.10 Dec/15
Togo 6.00 Dec/15
Bolivia 5.95 Dec/15
Kenya 5.90 Mar/16
Cape Verde 5.80 Mar/16
Benin 5.70 Dec/15
Chad 5.60 Dec/15
Vietnam 5.55 Jun/16
Bhutan 5.50 Dec/15
Sri Lanka 5.50 Mar/16
Mozambique 5.30 Mar/16
Sao Tome and Principe 5.30 Dec/15
Malta 5.20 Mar/16
Guinea Bissau 5.00 Dec/15
Zambia 5.00 Dec/15
Indonesia 4.92 Mar/16
Angola 4.90 Dec/15
Central African Republic 4.90 Dec/15
Ghana 4.90 Mar/16
Niger 4.90 Dec/15
Sudan 4.90 Dec/15
Costa Rica 4.80 Mar/16
Turkey 4.80 Mar/16
Gambia 4.70 Dec/15
Mali 4.70 Dec/15
Panama 4.60 Mar/16
Bahrain 4.50 Mar/16
Armenia 4.40 Mar/16
Luxembourg 4.40 Mar/16
Peru 4.40 Mar/16
Cuba 4.30 Dec/15
East Timor 4.30 Dec/15
Romania 4.30 Mar/16
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Pakistan 4.24 Dec/15
Burkina Faso 4.20 Dec/15
Gabon 4.20 Dec/15
Iceland 4.20 Mar/16
Malaysia 4.20 Mar/16
Sweden 4.20 Mar/16
Nicaragua 4.10 Mar/16
Fiji 4.00 Dec/15
Qatar 4.00 Dec/15
Algeria 3.90 Dec/15
United Arab Emirates 3.90 Dec/15
Egypt 3.80 Dec/15
Kosovo 3.80 Mar/16
Mauritius 3.70 Mar/16
Brunei 3.60 Mar/16
Honduras 3.60 Dec/15
Namibia 3.50 Mar/16
Serbia 3.50 Mar/16
Lesotho 3.40 Dec/15
Slovakia 3.40 Mar/16
Spain 3.40 Mar/16
Comoros 3.20 Dec/15
South Korea 3.20 Jun/16
Thailand 3.20 Mar/16
Australia 3.10 Mar/16
Mauritania 3.10 Dec/15
Mongolia 3.10 Mar/16
Albania 3.00 Mar/16
Czech Republic 3.00 Mar/16
Guyana 3.00 Dec/15
Madagascar 3.00 Dec/15
Poland 3.00 Mar/16
Bulgaria 2.90 Mar/16
Malawi 2.90 Dec/15
Maldives 2.90 Dec/15
Botswana 2.80 Mar/16
Guatemala 2.80 Mar/16
New Zealand 2.80 Mar/16
Croatia 2.70 Mar/16
Cyprus 2.70 Mar/16
Cameroon 2.60 Dec/15
El Salvador 2.60 Dec/15
Georgia 2.60 Mar/16
Mexico 2.60 Mar/16
Somalia 2.60 Dec/14
Colombia 2.50 Mar/16
Lithuania 2.50 Mar/16
Slovenia 2.50 Mar/16
Iraq 2.40 Dec/15
Ireland 2.30 Mar/16
Jordan 2.30 Mar/16
Singapore 2.20 Jun/16
United Kingdom 2.20 Jun/16
Afghanistan 2.10 Dec/15
Bosnia and Herzegovina 2.10 Mar/16
Latvia 2.10 Mar/16
United States 2.10 Mar/16
Chile 2.00 Mar/16
Macedonia 2.00 Mar/16
Cayman Islands 1.90 Sep/15
European Union 1.80 Mar/16
Estonia 1.70 Mar/16
Euro Area 1.70 Mar/16
Haiti 1.70 Dec/15
Israel 1.70 Mar/16
Swaziland 1.70 Dec/15
Austria 1.60 Mar/16
Finland 1.60 Mar/16
Belgium 1.50 Mar/16
Netherlands 1.50 Mar/16
Paraguay 1.50 Mar/16
Saudi Arabia 1.50 Mar/16
Zimbabwe 1.50 Dec/15
Morocco 1.40 Jun/16
France 1.30 Mar/16
Germany 1.30 Mar/16
Bahamas 1.20 Dec/15
Republic of the Congo 1.20 Dec/15
Canada 1.10 Mar/16
Montenegro 1.10 Mar/16
Italy 1.00 Mar/16
Lebanon 1.00 Dec/15
Tunisia 1.00 Mar/16
Barbados 0.90 Dec/15
Hungary 0.90 Mar/16
Portugal 0.90 Mar/16
Hong Kong 0.80 Mar/16
Moldova 0.80 Mar/16
Nepal 0.77 Dec/15
Jamaica 0.70 Dec/15
Norway 0.70 Mar/16
Switzerland 0.70 Mar/16
Iran 0.60 Mar/15
Argentina 0.49 Mar/16
Denmark 0.30 Mar/16
Eritrea 0.30 Dec/15
Liberia 0.30 Dec/15
New Caledonia 0.30 Dec/14
Suriname 0.20 Dec/15
Guinea 0.10 Dec/15
Japan 0.10 Mar/16
Kazakhstan 0.10 Jun/16
Ukraine 0.10 Mar/16
South Africa -0.20 Mar/16
Nigeria -0.40 Mar/16
Uruguay -0.50 Mar/16
Puerto Rico -0.60 Dec/15
Taiwan -0.68 Mar/16
Liechtenstein -0.80 Dec/14
North Korea -1.10 Dec/15
Russia -1.20 Mar/16
Greece -1.30 Mar/16
Uganda -1.30 Mar/16
Kuwait -1.60 Dec/14
Belize -1.96 Mar/16
Kyrgyzstan -2.30 Jun/16
Syria -2.30 Dec/11
Ecuador -3.00 Mar/16
Trinidad and Tobago -3.00 Dec/15
Azerbaijan -3.50 Mar/16
Belarus -3.60 Mar/16
Burundi -4.10 Dec/15
South Sudan -5.30 Dec/15
Brazil -5.40 Mar/16
Libya -6.00 Dec/15
Venezuela -7.10 Sep/15
Equatorial Guinea -10.60 Dec/15
Macau -13.30 Mar/16
Oman -14.10 Dec/15
Sierra Leone -21.50 Dec/15
Yemen -28.10 Dec/15