Kosovo Economic Statistics and Indicators

03, Jul 2015, EDT. Welcome to the Kosovo economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Kosovo › Change country
National or Regional Currency: Euro, EUR
Year of data: 2014 › Change year
Number of Indicators Listed: 24
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 1,859,203 (July 2014 est.)
Area: total: 10,887 sq km ; land: 10,887 sq km ; water: 0 sq km
Natural Resources: nickel, lead, zinc, magnesium, lignite, kaolin, chrome, bauxite
Capital: name: Pristina (Prishtine, Prishtina) ; geographic coordinates: 42 40 N, 21 10 E ; time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time) ; daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October

Kosovo's economy has shown significant progress in transitioning to a market-based system and maintaining macroeconomic stability, but it is still highly dependent on the international community and the diaspora for financial and technical assistance. Kosovo's citizens are the poorest in Europe with a per capita GDP (PPP) of $7,600 in 2013. An unemployment rate of 45% encourages emigration and fuels a significant informal, unreported economy. Remittances from the diaspora - located mainly in Germany, Switzerland, and the Nordic countries - are estimated to account for about 15% of GDP, and donor-financed activities and aid for approximately 10%. Most of Kosovo's population lives in rural towns outside of the capital, Pristina. Inefficient, near-subsistence farming is common - the result of small plots, limited mechanization, and lack of technical expertise. With international assistance, Kosovo has been able to privatize a majority of its state-owned-enterprises. Minerals and metals - including lignite, lead, zinc, nickel, chrome, aluminum, magnesium, and a wide variety of construction materials - once formed the backbone of industry, but output has declined because of ageing equipment and insufficient investment. A limited and unreliable electricity supply due to technical and financial problems is a major impediment to economic development, but Kosovo has received technical assistance to help improve accounting and controls and, in 2012, privatized its distribution network. The US Government is cooperating with the Ministry for Energy and Mines and the World Bank to prepare commercial tenders for the construction of a new power plant, rehabilitation of an old plant, and the development of a coal mine that could supply both. In July 2008, Kosovo received pledges of $1.9 billion from 37 countries in support of its reform priorities, but the global financial crisis has limited this assistance and also negatively affected remittance inflows. In June 2009, Kosovo joined the World Bank and International Monetary Fund, and Kosovo began servicing its share of the former Yugoslavia's debt. In order to help integrate Kosovo into regional economic structures, UNMIK signed (on behalf of Kosovo) its accession to the Central Europe Free Trade Area (CEFTA) in 2006. Serbia and Bosnia previously had refused to recognize Kosovo's customs stamp or extend reduced tariff privileges for Kosovo products under CEFTA, but both countries resumed trade with Kosovo in 2011. The official currency of Kosovo is the euro, but the Serbian dinar is also used illegally in Serb enclaves. Kosovo's tie to the euro has helped keep core inflation low. Kosovo maintained a budget surplus until 2011, when government expenditures climbed sharply. In 2013 Kosovo signed a Free Trade Agreement with Turkey and is negotiating liberalization of trade with EU as part of a Stabilization and Association Agreement.
More on the Kosovo Economy
More on the Kosovo Export, Import and Trade

Economic Indicators for Kosovo 2014

GDP (Constant Prices, National Currency) for Kosovo in year 2014 is EUR 5.473 Billion.

GDP Growth (Constant Prices, National Currency) for Kosovo in year 2014 is 2.738 %.

GDP (Current Prices, National Currency) for Kosovo in year 2014 is EUR 5.526 Billion.

GDP (Current Prices, US Dollars) for Kosovo in year 2014 is US$ 7.485 Billion.

GDP Deflator for Kosovo in year 2014 is 100.983 (Index, Base Year as per country's accounts = 100).

GDP (PPP), US Dollars for Kosovo in year 2014 is US$ 16.893 Billion.

GDP Share of World Total (PPP) for Kosovo in year 2014 is 0.016 %.

Implied PPP Conversion Rate for Kosovo in year 2014 is 0.327 .

Inflation, Average Consumer Prices (Indexed to Year 2000) for Kosovo in year 2014 is 100.976 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Kosovo in year 2014 is 0.976 %.

Inflation, End of Year (Indexed to Year 2000) for Kosovo in year 2014 is 101.741 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Kosovo in year 2014 is 1.741 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Kosovo in year 2014 is 4.315 %.

Import Volumes of Goods Only (Percent Change) for Kosovo in year 2014 is 4.364 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Kosovo in year 2014 is 4.964 %.

Export Volumes of Goods Only (Percent Change) for Kosovo in year 2014 is 5.046 %.

General government revenue (National Currency) for Kosovo in year 2014 is EUR 1.366 Billions.

General government revenue (% of GDP) for Kosovo in year 2014 is 24.717 %.

General government total expenditure (National Currency) for Kosovo in year 2014 is EUR 1.486 Billions.

General government total expenditure (% of GDP) for Kosovo in year 2014 is 26.89 %.

Total Government Net Lending/ Borrowing (National Currency) for Kosovo in year 2014 is EUR -0.12 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Kosovo in year 2014 is -2.173 %.

Fiscal Year Gross Domestic Product, Current Prices for Kosovo in year 2014 is EUR 5.526 Billions.

Current Account Balance (US Dollars) for Kosovo in year 2014 is US$ -0.542 Billion.

Current Account Balance (% GDP) for Kosovo in year 2014 is -7.24 %.

* Source: IMF
Aggregate Indicators for Kosovo
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Kosovo
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Kosovo
  Natural Resources, Agricultural Products, Land Use and Water Use for Kosovo
  Nationality, Ethnic Groups, Languages and Religions for Kosovo
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Kosovo
  Age Structure, Median Age, Gender and Urbanization for Kosovo
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Kosovo
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Kosovo
  HIV, AIDS and Other Major Infectious Disease Rates for Kosovo
  Literacy Rate, Educational Expenditure and School Life Expectancy for Kosovo
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Kosovo
  Industries and Industrial Growth Production Rate for Kosovo
  Labor Force by Occupation for Kosovo
  Poverty Line, Gini Index, Household Income and Consumption for Kosovo
  National Budget and Public Debt for Kosovo
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Kosovo
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Kosovo
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Kosovo
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Kosovo
  Foreign Exchange Reserves and Gold Reserves for Kosovo
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Kosovo
  Exchange Rate Statistics for Kosovo
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Kosovo
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Kosovo
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Kosovo
  Television and Radio Statistics (TV Stats, Radio Stats) for Kosovo
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Kosovo
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Kosovo
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Kosovo
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Kosovo
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Kosovo
* Source: CIA
Internet Indicators for Kosovo
Indicators
  Number of Internet Users for Kosovo
  Internet Penetration Rate for Kosovo
  Number of Facebook Accounts for Kosovo
  Facebook Penetration Rate for Kosovo
* Source: IWS
Economic Freedom Indicators for Kosovo
Indicators
  Economic Freedom World Rank for Kosovo
  Economic Freedom Regional Ranking for Kosovo
  Business Freedom for Kosovo
  Trade Freedom for Kosovo
  Fiscal Freedom for Kosovo
  Government Spending for Kosovo
  Monetary Freedom for Kosovo
  Investment Freedom for Kosovo
  Financial Freedom for Kosovo
  Property Rights for Kosovo
  Freedom from Corruption for Kosovo
  Labor Freedom for Kosovo
  Tariff Rate for Kosovo
  Income Tax Rate for Kosovo
  Corporate Tax Rate for Kosovo
  Tax Burden % of GDP for Kosovo
  Government Expenditure % of GDP for Kosovo
* Source: HFO
Corruption Perceptions Index Rank and Score for Kosovo
Indicator
  Corruption Perceptions Index Rank and Score for Kosovo
* Source: TIO
Kosovo Economic Indicators in other Years
  Kosovo Economic Indicators for Year 2019 (Forecast)
  Kosovo Economic Indicators for Year 2018 (Forecast)
  Kosovo Economic Indicators for Year 2017 (Forecast)
  Kosovo Economic Indicators for Year 2016 (Forecast)
  Kosovo Economic Indicators for Year 2015 (Forecast)
Kosovo Economic Indicators for Year 2014 (Current)
  Kosovo Economic Indicators for Year 2013
  Kosovo Economic Indicators for Year 2012
  Kosovo Economic Indicators for Year 2011
  Kosovo Economic Indicators for Year 2010
  Kosovo Economic Indicators for Year 2009
  Kosovo Economic Indicators for Year 2008
  Kosovo Economic Indicators for Year 2007
  Kosovo Economic Indicators for Year 2006
  Kosovo Economic Indicators for Year 2005
  Kosovo Economic Indicators for Year 2004
  Kosovo Economic Indicators for Year 2003
  Kosovo Economic Indicators for Year 2002
  Kosovo Economic Indicators for Year 2001
  Kosovo Economic Indicators for Year 2000
  Kosovo Economic Indicators for Year 1999
  Kosovo Economic Indicators for Year 1998
  Kosovo Economic Indicators for Year 1997
  Kosovo Economic Indicators for Year 1996
  Kosovo Economic Indicators for Year 1995
  Kosovo Economic Indicators for Year 1994
  Kosovo Economic Indicators for Year 1993
  Kosovo Economic Indicators for Year 1992
  Kosovo Economic Indicators for Year 1991
  Kosovo Economic Indicators for Year 1990
  Kosovo Economic Indicators for Year 1989
  Kosovo Economic Indicators for Year 1988
  Kosovo Economic Indicators for Year 1987
  Kosovo Economic Indicators for Year 1986
  Kosovo Economic Indicators for Year 1985
  Kosovo Economic Indicators for Year 1984
  Kosovo Economic Indicators for Year 1983
  Kosovo Economic Indicators for Year 1982
  Kosovo Economic Indicators for Year 1981
  Kosovo Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International