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

The economy of Kosovo advanced 3 percent year-on-year in the fourth quarter of 2016, following 3.8 percent expansion in the previous period. Household consumption increased at a slower 1.4 percent (10.5 percent in Q3) and government spending shrank 2.2 percent (-1.1 percent in Q3). Net trade contributed negatively, exports grew 11.1 percent (-0.7 percent in Q3) and imports advanced 3.5 percent (7.3 percent in Q3). In contrast, investments rose by a faster 8.3 percent (1.8 percent in Q3). In 2016, the GDP advanced 3.4 percent compared to 4.1 percent expansion a year ago. GDP Annual Growth Rate in Kosovo averaged 3.59 percent from 2006 until 2016, 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 Reference Actual Previous Consensus Forecast (i)
2016-10-07 12:00 PM Q2 3.3% 3.8% 4.8%
2016-12-29 12:00 PM Q3 3.8% 3.3% 4.2%
2017-04-06 09:30 AM Q4 3% 3.8% 4%
2017-09-28 12:00 PM Q1 3% 3.5%
2017-11-29 12:00 PM Q2 3.6%
2017-12-28 12:00 PM Q3 3.2%




Kosovo GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 3.00 3.80 10.90 -4.50 percent [+]
GDP 6.40 7.38 7.38 1.85 USD Billion [+]
GDP Constant Prices 5807.00 5484.90 5807.00 2911.80 EUR Million [+]
Gross Fixed Capital Formation 1498.90 1293.80 1498.90 583.60 EUR Million [+]
GDP per capita 3796.23 3621.70 3796.23 1919.84 USD [+]
GDP Per Capita Ppp 9165.80 8744.41 9165.80 4635.34 USD [+]


Kosovo GDP Annual Growth Rate Notes

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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.80 10.90 -4.50 2006 - 2016 percent Quarterly



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