Kosovo External Debt
Total external debt stocks DT.DOD.DECT.CD
Kosovo's external debt was $4.8B in 2025, ranked 83rd globally. This represents a 9.2% increase from 2024. Data from World Bank, covering 1999–2025.
Overview
Kosovo's external debt stood at $4.8B in 2025, a rise of +$403.5M from 2024. Based on recent trends, this figure is projected to reach $4.8B by 2025. Kosovo ranked 83rd globally.
Kosovo’s external debt has risen sharply from the modest 75,993,698.10 recorded in 1999 to an all‑time peak of 4,798,977,910.44 in 2025, placing the country at rank 83 globally. The upward trajectory accelerated after the early‑2000s trough of 69,583,145.70, reflecting expanded borrowing to finance infrastructure, public‑sector wages and post‑conflict reconstruction. Over the 27‑year coverage period, debt growth outpaced that of many peers; for example, the Syrian Arab Republic recorded a comparable level of 4,807,409,617.29, while the Maldives stood slightly lower at 4,677,938,551.81. The rapid accumulation suggests a reliance on external financing to sustain fiscal deficits, yet it also raises vulnerability to external shocks and exchange‑rate fluctuations. If Kosovo can diversify its revenue base, improve debt‑service capacity and attract higher‑quality investment, the steep increase may moderate; otherwise, the current trend points toward continued debt expansion.
Data & projection
| Year | External Debt | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $5.5B | - | - |
| 2026* trend | $5.1B | - | - |
| 2025* trend | $4.8B | - | - |
| 2025 | $4.8B | +$403.5M | #83 |
| 2024 | $4.4B | +$154.6M | #35 |
| 2023 | $4.2B | +$580.5M | #37 |
| 2022 | $3.7B | +$314.7M | #33 |
| 2021 | $3.3B | +$257.3M | #30 |
| 2020 | $3.1B | +$670.9M | #31 |
| 2019 | $2.4B | +$92.0M | #27 |
| 2018 | $2.3B | −$178.8M | #30 |
| 2017 | $2.5B | +$379.5M | #32 |
| 2016 | $2.1B | +$21.8M | #30 |
| 2015 | $2.1B | −$1.4M | #30 |
| 2014 | $2.1B | −$116.5M | #32 |
| 2013 | $2.2B | +$214.8M | #32 |
| 2012 | $2.0B | +$61.1M | #34 |
| 2011 | $1.9B | +$244.0M | #30 |
Analysis
Kosovo's external debt was $4.8B in 2025, a rise of +$403.5M from 2024. Based on trends, estimated $4.8B by 2025.
Frequently Asked Questions
Kosovo's external debt was $4.8B in 2025. Ranked 83rd globally. This represents a 9.2% increase from the previous year.
Kosovo's external debt peaked at $4.8B in 2025.
The lowest external debt in Kosovo was $69.6M in 2001.
Kosovo ranks 83rd globally in external debt as of 2025.
The World Bank indicator code is DT.DOD.DECT.CD. Data sourced from World Bank.
Kosovo's external debt is projected to reach $4.8B by 2025 based on trend extrapolation.
Kosovo's external debt was approximately 4.8 billion ($4.8B) in 2025.
The external debt of Kosovo in 2025 was $4.8B. This ranks 83rd in the world.
Cite this page
@misc{historysaid_kosovo_external-debt,
title = {Kosovo External Debt},
url = {https://historysaid.com/kosovo/external-debt/},
publisher = {HistorySaid},
year = {2026}
}