Kosovo Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
Kosovo's inflation rate was 1.62% in 2024, ranked 44th globally. This represents a 67.2% decrease from 2023. Data from World Bank, covering 2003–2024.
Overview
Kosovo's inflation rate stood at 1.62% in 2024, a decline of +3.32pp from 2023. Kosovo ranked 44th globally.
Kosovo’s inflation rate has moderated to 1.62 % in 2024, placing it 44th worldwide and closely aligning with peers such as Finland (1.57 %) and Malta (1.65 %). The 22‑year series shows a dramatic swing from a deflationary low of –2.41 % in 2009 to an all‑time peak of 11.58 % in 2022, reflecting the combined impact of post‑conflict reconstruction, volatile energy prices and regional supply shocks. After the 2022 surge, monetary tightening and gradual fiscal consolidation have curbed price pressures, driving the rate down to a modest positive level. The early‑2000s’ occasional negative inflation, exemplified by –1.08 % in 2003, underscores Kosovo’s historical susceptibility to external price dynamics. Continued adherence to prudent fiscal policy and stabilization of external commodity markets are likely to keep inflation near the current low‑single‑digit range, barring unforeseen geopolitical or energy‑price disruptions.
Data & projection
| Year | Inflation Rate | YoY change | Rank |
|---|---|---|---|
| 2024 | 1.62% | −3.32pp | #44 |
| 2023 | 4.94% | −6.64pp | #79 |
| 2022 | 11.58% | +8.23pp | #142 |
| 2021 | 3.35% | +3.16pp | #94 |
| 2020 | 0.20% | −2.48pp | #43 |
| 2019 | 2.68% | +1.62pp | #114 |
| 2018 | 1.05% | −0.43pp | #40 |
| 2017 | 1.49% | +1.22pp | #64 |
| 2016 | 0.27% | +0.81pp | #56 |
| 2015 | -0.54% | −0.97pp | #31 |
| 2014 | 0.43% | −1.34pp | #42 |
| 2013 | 1.77% | −0.71pp | #71 |
| 2012 | 2.48% | −4.86pp | #55 |
| 2011 | 7.34% | +3.86pp | #145 |
| 2010 | 3.48% | +5.89pp | #106 |
Analysis
Kosovo's inflation rate was 1.62% in 2024, a decline of −3.32pp from 2023.
Frequently Asked Questions
Kosovo's inflation rate was 1.62% in 2024. Ranked 44th globally. This represents a 67.2% decrease from the previous year.
Kosovo's inflation rate peaked at 11.58% in 2022.
The lowest inflation rate in Kosovo was -2.41% in 2009.
Kosovo ranks 44th globally in inflation rate as of 2024.
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
The inflation rate of Kosovo in 2024 was 1.62%. This ranks 44th in the world.
Cite this page
@misc{historysaid_kosovo_inflation-rate,
title = {Kosovo Inflation Rate},
url = {https://historysaid.com/kosovo/inflation-rate/},
publisher = {HistorySaid},
year = {2026}
}