Kosovo economy at a glance

The Kosovo economy at a glance provides key information about current economic activity in Kosovo. It contains key figures on developments in economic activity, including: gross domestic product, prices, labor market, external sector, exchange rate, interest rate, loans, government finance, and population.

Description
Unit
Year 2022
Year 2023
Q1
Q2
Q3
Q4
Year 2024
Q1
Q2
Tables in SDMX (*)
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Description
Unit
Year 2022
Year 2023
Q1
Q2
Q3
Q4
Year 2024
Q1
Q2
Tables in SDMX (*)
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Nominal GDP

Million EUR
7,958.0
8,896.0
-
2,275.0
2,752.0
2,692.0
2,094.5
2,423.7

Real GDP

Million EUR
7,499.0
8,298.0
-
2,177.0
2,606.0
2,554.0
2,044.1
2,382.4

GDP Real growth rate

Percentage
10.7
4.3
-
2.4
3.1
4.0
5.6
4.3
Description
Unit
Year 2022
Year 2023
Q1
Q2
Q3
Q4
Year 2024
Q1
Q2
Tables in SDMX (*)
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Consumer prices (HICP)

Percentage
2.5
1.4
-
-0.6
1.3
1.0
0.5
-0.3

Producer price index

Percentage
4.9
9.3
-
-0.1
-1.8
1.4
-0.4
1.7

Import prices index

Percentage
11.1
18.7
-
0.4
0.6
-1.0
2.5
-1.1
Description
Unit
Year 2022
Year 2023
Q1
Q2
Q3
Q4
Year 2024
Q1
Q2
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Employment (ages 15-64)

Thousands
383.0
404.0
-
420.0
433.0
444.0
-
-

Unemployment (ages 15-64)

Thousands
100.0
58.0
-
50.0
51.0
53.0
-
-

Inactive persons (ages 15-64)

Thousands
749.0
734.0
-
701.0
697.0
678.0
-
-
Description
Unit
Year 2022
Year 2023
Q1
Q2
Q3
Q4
Year 2024
Q1
Q2
Tables in SDMX (*)
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Current account balance

Million EUR
-694.7
-917.1
-
-319.0
223.3
-415.5
-318.9
-372.29

Exports of goods and services

Million EUR
2,658.7
3,436.0
-
775.3
1,581.2
771.4
783.5
856.5

Imports of goods and services

Million EUR
5,190.9
6,350.3
-
1,633.0
1,932.2
1,849.0
1,563.4
1,772.3

Remittances (inflows)

Million EUR
1,153.4
1,222.8
-
363.8
374.2
508.4
281.0
349.0

Direct investments in Kosovo

Million EUR
420.7
732.0
-
187.8
247.7
221.3
215.1
204.0
Description
Unit
Year 2022
Year 2023
Q1
Q2
Q3
Q4
Year 2024
Q1
Q2
Tables in SDMX (*)
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Exchange rate EUR vs. USD

Average
1.1827
1.053
-
1.0887
1.0884
1.0751
1.0858
1.0767
Description
Unit
Year 2022
Year 2023
Q1
Q2
Q3
Q4
Year 2024
Q1
Q2
Tables in SDMX (*)
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Three-month funds

Percentage
-0.549
-0.342
-
3.35
3.77
3.957
3.924
3.808
Description
Unit
Year 2022
Year 2023
Q1
Q2
Q3
Q4
Year 2024
Q1
Q2
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Interest rates on new loans

Percentage
6.0
6.0
-
6.4
6.6
6.4
6.3
6.1

Loans to non-financial corporations

Percentage
5.9
6.1
-
6.7
6.9
6.5
6.7
6.4

Loans to households

Percentage
6.1
5.9
-
6.1
6.3
6.2
5.9
5.8
Description
Unit
Year 2022
Year 2023
Q1
Q2
Q3
Q4
Year 2024
Q1
Q2
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Bank loans to the domestic sector

Million EUR
3,748.6
4,348.5
-
4,715.4
4,791.1
4,913.8
5,086.3
5,346.6

Loans to non-financial corporations

Million EUR
2,324.4
2,688.7
-
2,904.7
2,911.1
2,953.6
3,051.7
3,180.3

Loans to households

Million EUR
1,399.1
1,632.3
-
1,779.5
1,848.0
1,914.7
1,997.4
2,127.4
Description
Unit
Year 2022
Year 2023
Q1
Q2
Q3
Q4
Year 2024
Q1
Q2
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Revenue (including loans)

Million EUR
2,486.5
2,623.3
-
654.6
724.0
806.9
685.6
782.7

Expense (including repayment of loans)

Million EUR
2,378.3
2,624.3
-
644.3
706.0
1,066.0
599.3
677.4

Debt stock value

Million EUR
-
-
-
1,673.79
1,620.78
1,663.04
1,643.01
1,662.6

Debt as % of GDP

Percentage
-
-
-
17.3
16.7
17.1
15.61
15.79

Stock of government securities

Million EUR
-
-
-
1,009.93
965.1
970.19
944.99
956.33
Description
Unit
Year 2022
Year 2023
Q1
Q2
Q3
Q4
Year 2024
Q1
Q2
Tables in SDMX (*)
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Kosovo population

Thousands
-
-
-
-
-
-
-
-

(1) Source of data: Kosovo Agency of Statistics

(2) Source: ECB. Averages based on daily euro foreign exchange reference rate

(3) Including non-profit organisations serving households

(4) Averages

(5) Source: Reuters

(6) Source: Ministry of Finance

(7) The latest figures are provisional