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

The economy of Kosovo advanced 4.0 percent year-on-year in the three months to September of 2015, following an upwardly revised 4.8 percent expansion in the previous period. The growth was boosted by 23.4 percent rise investments while private and government consumption contracted by 1 percent and 6.3 percent respectively. Exports shrank 1.7 percent and imports dropped 0.9 percent. On the production side, the expansion was boosted by rise in retail and wholesale trade (+2.6 percent), agriculture (+2.2 percent), manufacturing (+1.3 percent), construction (+25.8 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
4.00 3.40 10.90 -4.50 2006 - 2015 percent Quarterly
Kosovo is one of the few counties outside the EU that has introduced the Euro as its official currency. The private sector consumption and investments are the most important factors behind economic growth and although the country is plagued by a high rate of unemployment, it’s assumed that the shadow economy employs most of the registered unemployed. In 2014, total consumption has marked a considerable growth driven by remittances, consumer loans and public sector wages. While total investments fell due to the reduction in public investments and lower foreign direct investments. 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. 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 February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2013-09-19 12:00 PM 2012 2.5% 4.4%
2016-02-12 01:33 PM Q3 4.0% 4.8% 1.17%
2016-05-26 12:00 PM Q4 4.0% 2.79%
2016-07-12 12:00 PM Q1 3.19%
2016-10-07 12:00 PM Q2 1.29%

Kosovo GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 4.00 3.40 10.90 -4.50 percent [+]
GDP 7.39 7.07 7.39 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 2863.47 2801.34 2863.47 1511.79 USD [+]
GDP Per Capita Ppp 8804.00 8612.99 8804.00 4648.15 USD [+]




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South Sudan 15.90 Dec/14
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Chad 11.20 Dec/14
Ethiopia 10.30 Dec/13
Ivory Coast 10.00 Sep/15
Palestine 9.60 Sep/15
Congo 9.50 Dec/14
Myanmar 8.70 Dec/14
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Monaco 7.20 Dec/14
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Vietnam 7.01 Dec/15
Cambodia 7.00 Dec/14
Ireland 7.00 Sep/15
Mauritania 6.90 Dec/14
China 6.80 Dec/15
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Turkmenistan 6.70 Dec/15
Afghanistan 6.40 Dec/14
Tanzania 6.30 Sep/15
Bangladesh 6.12 Dec/14
Rwanda 6.10 Sep/15
Malawi 6.00 Dec/14
Republic of the Congo 6.00 Dec/14
Tajikistan 6.00 Dec/15
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Kenya 5.80 Sep/15
Philippines 5.80 Dec/15
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Malta 5.40 Sep/15
Benin 5.10 Sep/15
Gabon 5.10 Dec/14
Indonesia 5.04 Dec/15
Bolivia 5.01 Jun/15
Uganda 4.90 Sep/15
Sri Lanka 4.82 Sep/15
Niger 4.80 Sep/15
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Angola 4.70 Dec/14
Czech Republic 4.70 Sep/15
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Spain 3.50 Dec/15
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Armenia 3.30 Sep/15
Colombia 3.20 Sep/15
Hungary 3.20 Dec/15
Madagascar 3.20 Dec/14
Bosnia and Herzegovina 3.10 Sep/15
Bulgaria 3.10 Dec/15
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Costa Rica 3.00 Sep/15
Latvia 3.00 Dec/15
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South Korea 3.00 Dec/15
Albania 2.98 Sep/15
Georgia 2.90 Dec/15
Peru 2.90 Sep/15
Thailand 2.90 Sep/15
Nigeria 2.84 Sep/15
Croatia 2.80 Sep/15
Haiti 2.80 Dec/14
Seychelles 2.80 Dec/14
Cyprus 2.70 Dec/15
Sudan 2.70 Dec/14
El Salvador 2.60 Sep/15
Iceland 2.60 Sep/15
Jordan 2.60 Sep/15
Mongolia 2.60 Sep/15
Somalia 2.60 Dec/14
Israel 2.52 Sep/15
Australia 2.50 Sep/15
Mexico 2.50 Dec/15
Slovenia 2.50 Sep/15
Swaziland 2.50 Dec/14
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Argentina 2.30 Jun/15
Hong Kong 2.30 Sep/15
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Chile 2.20 Sep/15
Germany 2.10 Dec/15
Lebanon 2.00 Dec/14
Lithuania 2.00 Dec/15
Paraguay 2.00 Sep/15
Singapore 2.00 Dec/15
Brunei 1.90 Sep/15
Eritrea 1.90 Dec/14
United Kingdom 1.90 Dec/15
European Union 1.80 Dec/15
United States 1.80 Dec/15
Cayman Islands 1.60 Jun/15
Japan 1.60 Sep/15
Netherlands 1.60 Dec/15
Euro Area 1.50 Dec/15
France 1.50 Dec/15
Jamaica 1.50 Sep/15
Cape Verde 1.40 Sep/15
Belgium 1.30 Dec/15
Serbia 1.30 Dec/15
Canada 1.20 Sep/15
Kazakhstan 1.20 Dec/15
Portugal 1.20 Dec/15
Austria 1.10 Dec/15
Azerbaijan 1.00 Dec/15
Central African Republic 1.00 Dec/14
Ecuador 1.00 Jun/15
Italy 1.00 Dec/15
North Korea 1.00 Dec/14
South Africa 1.00 Sep/15
Bahamas 0.93 Dec/14
Switzerland 0.80 Sep/15
Estonia 0.70 Dec/15
Liberia 0.70 Dec/14
Iran 0.60 Mar/15
Uruguay 0.56 Sep/15
Denmark 0.50 Sep/15
New Caledonia 0.30 Dec/14
Barbados 0.20 Dec/14
Tunisia -0.10 Sep/15
Yemen -0.20 Dec/14
Taiwan -0.28 Dec/15
Finland -0.30 Dec/15
Puerto Rico -0.90 Dec/14
Belize -1.00 Sep/15
Gambia -1.40 Dec/14
Kuwait -1.60 Dec/14
Greece -2.00 Dec/15
Trinidad and Tobago -2.00 Sep/15
Equatorial Guinea -2.10 Dec/14
Syria -2.30 Dec/11
Iraq -2.40 Dec/14
Botswana -3.50 Sep/15
Moldova -3.70 Sep/15
Russia -3.80 Dec/15
Belarus -3.90 Jan/16
Brazil -4.50 Sep/15
Venezuela -7.10 Sep/15
Burundi -7.20 Dec/15
Ukraine -7.20 Sep/15
Libya -21.80 Dec/14
Macau -24.20 Sep/15