Kosovo GDP Growth
Annual percentage growth rate of GDP NY.GDP.MKTP.KD.ZG
Kosovo's gdp growth was 4.57% in 2024, ranked 48th globally. This represents a 12.4% increase from 2023. Data from World Bank, covering 2009–2024.
Overview
Kosovo's gdp growth stood at 4.57% in 2024, a rise of +0.51pp from 2023. Kosovo ranked 48th globally.
Kosovo’s real GDP grew by 4.57 percent in 2024, placing it 48th in the world and slightly below peers such as Kenya’s 4.72 percent and Angola’s 4.42 percent. The 2024 expansion follows a volatile decade in which growth averaged roughly 4.5 percent over 16 years but swung dramatically from a record high of 10.75 percent in 2021 to a sharp contraction of –5.34 percent in 2020, when the COVID‑19 pandemic hit the Balkan economy hard. The post‑pandemic rebound was swift, with growth rebounding to above 5 percent in 2021 before moderating to the current level. Structural reforms, foreign direct investment inflows and continued integration with European markets have underpinned the recent resilience, while fiscal pressures and regional political uncertainty remain risks. Assuming the current reform agenda persists and external demand stays robust, Kosovo is likely to maintain modest but positive growth, though any deterioration in regional stability could reverse the upward trajectory.
Data & projection
| Year | GDP Growth | YoY change | Rank |
|---|---|---|---|
| 2024 | 4.57% | +0.51pp | #48 |
| 2023 | 4.07% | −0.21pp | #71 |
| 2022 | 4.28% | −6.47pp | #101 |
| 2021 | 10.75% | +16.09pp | #29 |
| 2020 | -5.34% | −10.10pp | #127 |
| 2019 | 4.76% | +1.35pp | #54 |
| 2018 | 3.41% | −1.42pp | #99 |
| 2017 | 4.83% | −0.75pp | #52 |
| 2016 | 5.57% | −0.34pp | #43 |
| 2015 | 5.92% | +2.57pp | #34 |
| 2014 | 3.35% | −1.99pp | #101 |
| 2013 | 5.34% | +3.63pp | #53 |
| 2012 | 1.71% | −4.61pp | #130 |
| 2011 | 6.32% | +1.38pp | #52 |
| 2010 | 4.94% | −0.09pp | #90 |
Analysis
Kosovo's gdp growth was 4.57% in 2024, a rise of +0.51pp from 2023.
Frequently Asked Questions
Kosovo's gdp growth was 4.57% in 2024. Ranked 48th globally. This represents a 12.4% increase from the previous year.
Kosovo's gdp growth peaked at 10.75% in 2021.
The lowest gdp growth in Kosovo was -5.34% in 2020.
Kosovo ranks 48th globally in gdp growth as of 2024.
The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.
The gdp growth of Kosovo in 2024 was 4.57%. This ranks 48th in the world.
Cite this page
@misc{historysaid_kosovo_gdp-growth,
title = {Kosovo GDP Growth},
url = {https://historysaid.com/kosovo/gdp-growth/},
publisher = {HistorySaid},
year = {2026}
}