[ Nominal GDP in billions of USD ]
Year -
$11.20 billions
Kosovo GDP expanded from 2008 to 2024, increasing from $5.18 billion to $11.20 billion.The compound annual growth rate (CAGR) averaged 4.94% over the period. The economy recorded its peak level in 2024 and its lowest level in 2009. Growth volatility remained high. The maximum drawdown reached 10.89%, indicating the largest cyclical decline from peak levels. The country experienced 5 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 11.20 Billions | $ 28.48 Int Billions |
| Growth (YoY) | 6.964% | 7.102% |
| Net Change vs Previous Year | $ 0.73 Billion | $ 1.89 Int Billion |
| % of World GDP | 0.01% | 0.01% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | - | - | - | - | - | - |
| 1966 | - | - | - | - | - | - |
| 1967 | - | - | - | - | - | - |
| 1968 | - | - | - | - | - | - |
| 1969 | - | - | - | - | - | - |
| 1970 | - | - | - | - | - | - |
| 1971 | - | - | - | - | - | - |
| 1972 | - | - | - | - | - | - |
| 1973 | - | - | - | - | - | - |
| 1974 | - | - | - | - | - | - |
| 1975 | - | - | - | - | - | - |
| 1976 | - | - | - | - | - | - |
| 1977 | - | - | - | - | - | - |
| 1978 | - | - | - | - | - | - |
| 1979 | - | - | - | - | - | - |
| 1980 | - | - | - | - | - | - |
| 1981 | - | - | - | - | - | - |
| 1982 | - | - | - | - | - | - |
| 1983 | - | - | - | - | - | - |
| 1984 | - | - | - | - | - | - |
| 1985 | - | - | - | - | - | - |
| 1986 | - | - | - | - | - | - |
| 1987 | - | - | - | - | - | - |
| 1988 | - | - | - | - | - | - |
| 1989 | - | - | - | - | - | - |
| 1990 | - | - | - | - | - | - |
| 1991 | - | - | - | - | - | - |
| 1992 | - | - | - | - | - | - |
| 1993 | - | - | - | - | - | - |
| 1994 | - | - | - | - | - | - |
| 1995 | - | - | - | - | - | - |
| 1996 | - | - | - | - | - | - |
| 1997 | - | - | - | - | - | - |
| 1998 | - | - | - | - | - | - |
| 1999 | - | - | - | - | - | - |
| 2000 | - | - | - | - | - | - |
| 2001 | - | - | - | - | - | - |
| 2002 | - | - | - | - | - | - |
| 2003 | - | - | - | - | - | - |
| 2004 | - | - | - | - | - | - |
| 2005 | - | - | - | - | - | - |
| 2006 | - | - | - | - | - | - |
| 2007 | - | - | - | - | - | - |
| 2008 | 5.18 | - | - | 11.44 | - | - |
| 2009 | 5.02 | -0.17 | -3.201 % | 12.09 | 0.65 | 5.683 % |
| 2010 | 5.34 | 0.33 | 6.54 % | 12.84 | 0.75 | 6.215 % |
| 2011 | 6.34 | 1 | 18.669 % | 13.94 | 1.09 | 8.513 % |
| 2012 | 6.16 | -0.18 | -2.809 % | 14.27 | 0.34 | 2.417 % |
| 2013 | 6.74 | 0.57 | 9.278 % | 14.71 | 0.44 | 3.069 % |
| 2014 | 7.07 | 0.34 | 5.034 % | 14.87 | 0.16 | 1.059 % |
| 2015 | 6.3 | -0.78 | -11.005 % | 15.58 | 0.72 | 4.836 % |
| 2016 | 6.68 | 0.39 | 6.144 % | 16.28 | 0.69 | 4.444 % |
| 2017 | 7.18 | 0.5 | 7.453 % | 16.8 | 0.52 | 3.22 % |
| 2018 | 7.88 | 0.7 | 9.72 % | 18 | 1.2 | 7.161 % |
| 2019 | 7.9 | 0.02 | 0.266 % | 19.43 | 1.42 | 7.913 % |
| 2020 | 7.72 | -0.18 | -2.311 % | 18.85 | -0.57 | -2.957 % |
| 2021 | 9.41 | 1.7 | 21.98 % | 22.08 | 3.23 | 17.107 % |
| 2022 | 9.35 | -0.06 | -0.621 % | 24.67 | 2.59 | 11.713 % |
| 2023 | 10.47 | 1.11 | 11.901 % | 26.59 | 1.93 | 7.812 % |
| 2024 | 11.2 | 0.73 | 6.964 % | 28.48 | 1.89 | 7.102 % |
Between 2008 to 2024, Kosovo experienced the following economic phases:
The most remarkable growth occurred in 2021 with an increase of 21.98%, while the largest decline was in 2015 at -11.005%.