GDP in Kosovo

Kosovo GDP | Economic News & Forecasts

Kosovo - GDP

Kosovo put an end to months of political stalemate after former Prime Minister Ramush Haradinaj’s minority government was endorsed on 9 September by 61 MPs in the 120-seat legislature. The road ahead for Prime Minister Haradinaj is challenging. He faces the daunting tasks of improving diplomatic relations with neighboring countries to progress in EU accession talks; lowering unemployment, which currently stands at 30%; and presenting ambitious reform to overhaul Kosovo’s tax, health and education system to parliament. The formation of a government should, however, mitigate political uncertainty to an extent. Despite the turmoil, the economy still expanded a healthy 4.6% annually in Q2 (Q1: +3.9%). Q2’s acceleration from the previous quarter reflects double-digit growth in gross capital formation and exports, the latter of which expanded at the fastest pace since Q4 2014.

Kosovo - GDP Data

2012  2013  2014  2015  2016  
Economic Growth (GDP, annual variation in %)2.8  3.4  1.2  4.0  3.4  

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Kosovo GDP Chart


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

Kosovo Facts

ValueChangeDate
Bond Yield5.610.0 %Aug 31
Exchange Rate1.190.65 %Oct 19
Stock Market0.10.0 %Oct 19

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