Kosovo GDP Annual Growth Rate

Last Release

Dec 31, 2022

Actual

3.55

Units In

2.07

Frequency

Quarterly

Next Release

Mar 13, 2026

Time to Release

2 Months 25 Days 16 Hours

Highest	Lowest	Average	Date Range	Source
16.28 Jun 2021	-9.07 Jun 2020	3.72 %	2006-2022	Kosovo Agency of Statistics

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.

Latest Updates

Kosovo’s economy expanded 3.08% year-on-year in third quarter 2025, slowing from 4.58% in the previous quarter. Growth in Q3 was supported by strong domestic investment and consumption, with gross fixed capital formation up 13.1% and household final consumption rising 4.16%. External trade remained active, as exports of goods and services increased 2.48% and imports rose 7.39%. Government final consumption decreased by 1.7%. By sector, the primary sector grew 3.42%, led by agriculture, forestry, and fisheries. The secondary sector recorded robust gains, driven by construction (+7.19%), manufacturing (+3.16%), and extractive industries, utilities, and related activities (+1.32%). The tertiary sector advanced overall, with financial and insurance activities (+8.13%), professional, scientific, and administrative services (+4.76%), and information and communication (+2.95%) leading the growth.