GDP in Kosovo

Kosovo GDP | Economic News & Forecasts

Kosovo - GDP

Economic growth rose to 16.3% year-on-year in Q2 from 4.2% in Q1. The reading reflected skyrocketing exports as well as firming domestic demand, with fixed investment and household spending growth picking up pace. Private consumption benefited from the easing of restrictions from 1 June and increased employment levels. Industrial activity also gained steam in the quarter, with growth in virtually all subsectors. Turning to Q3, the panorama turned less rosy. Consumer loans contracted on average in July–August, while merchandise exports also dropped in the same period. Moreover, a recent flare-up of tensions with Serbia over a border dispute could weigh on sentiment and activity, and derail progress in normalizing relations. Lastly, lingering Covid-19 restrictions will limit activity somewhat heading into Q4.

Kosovo - GDP Data

2015   2016   2017   2018   2019  
Economic Growth (GDP, annual variation in %)4.1  4.1  4.2  3.8  4.2  

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Kosovo GDP Chart

Kosovo GDP
Note: Annual variation of gross domestic product (GDP) in %.

Kosovo Facts

Value Change Date
Bond Yield4.740.0 %Nov 30
Exchange Rate1.120.65 %Dec 31
Stock Market0.10.0 %Jan 07

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