BEST BANKS 2014: EUROPE
The region battled continuing recession or, at best, slow growth, a tightening regulatory environment and country-specific banking taxes or fines for past misdemeanors.
Kosovo GDP and Economic Data
Includes Kosovo real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Kosovo economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Kosovo best banks and safest banks are also available.
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International Reserves
USD 0.8 billion (2015)
International Monetary Fund (IMF), data retrieved January 2017
Gross Domestic Product - GDP
USD 6.9 billion (2017, estimate)
GDP (Purchasing Power Parity)
Intl$ 19.5 billion (2017, estimate)
Real GDP growth
| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |
| 3.4% | 8.3% | 4.5% | 3.6% | 3.3% | 4.4% | 2.8% |
| 2013 | 2014 | 2015 | 2016* | 2017* | ||
| 3.4% | 1.2% | 4% | 4.1% | 3.3% |
*Estimate
GDP (PPP) - share of world total
| 1980 | 1990 | 2000 | 2010 | 2017* |
| N/A | N/A | 0.02% | 0.02% | 0.02% |
*Estimate
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GDP - composition by sector
- agriculture: 12.9%
- industry: 22.6%
- services: 64.5%
(2009 estimate)
Inflation
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 1.8% | 0.4% | -0.5% | 0.2% | 0.9% |
*Estimate
Unemployment rate
| 2013 | 2014 | 2015 | 2016 | 2017 |
| N/A | N/A | N/A | N/A | N/A |
*Estimate
Public debt (General government gross debt as a % of GDP)
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 16.2% | 16.7% | 19% | 22.3% | 24.6% |
*Estimate
Public deficit (General government net lending/borrowing as a % of GDP)
| 2013 | 2014 | 2015 | 2016* | 2017* |
| -3.1% | -2.6% | -1.9% | -2% | -3.6% |
*Estimate
Government bond ratings
Standard & Poor's: N/A
Moody's: N/A
Standard & Poor's / Moody's (Updated January 2017)
Source
Market value of publicly traded shares
| 2013 | 2014 | 2015 |
| N/A | N/A | N/A |
Source
Current account balance by percentage of GDP
-9.1% (2017 estimate)
Exports as percent of GDP (Exports of goods and services)
19.4% (2015)
Shares in world total merchandising export
N/A
Shares in world total commercial services export
N/A
Export commodities
Mining and processed metal products, scrap metals, leather products, machinery, appliances, prepared foodstuffs, beverages and tobacco, vegetable products, textiles and apparel
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Import commodities
Foodstuffs, livestock, wood, petroleum, chemicals, machinery, minerals, textiles, stone, ceramic and glass products, electrical equipment
Exports - major partners
Italy 25.8%, Albania 14.6%, Macedonia 9.6%, China 5.5%, Germany 5.4%, Switzerland 5.4%, Turkey 4.1% (2012 estimate)
Imports - major partners
Germany 11.9%, Macedonia 11.5%, Serbia 11.1%, Italy 8.5%, Turkey 9%, China 6.4%, Albania 4.4% (2012 estimate)
FDI inflows
| 2013 | 2014 | 2015 |
| USD 356 million | USD 199 million | USD 360 million |
FDI outflows
| 2013 | 2014 | 2015 |
| N/A | N/A | N/A |
Value of cross-border M&A, by country of purchaser
| 2012 | 2013 | 2014 | 2015 |
| N/A | N/A | N/A | N/A |
Cross-border M&A deals worth over $3 billion completed in 2014
N/A
Cross-border M&A deals worth over $3 billion completed in 2015
N/A
Best countries for doing business
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking: 60 out of 190 countries (2017)
Subcategories:
Starting a business: 13 out of 190 countries
Enforcing Contracts: 44 out of 190 countries
Registering Property: 33 out of 190 countries
Getting Credit: 20 out of 190 countries
Protecting Minority Investors: 63 out of 190 countries
Trading Across Borders: 51 out of 190 countries
Paying Taxes: 43 out of 190 countries
Dealing with Construction Permits: 129 out of 190 countries
Getting Electricity: 114 out of 190 countries
Resolving Insolvency: 163 out of 190 countries
Source
Index of Economic Freedom
Ranking: 84 / Score: 61.37 (Moderately free) (2016)
(100=totally free 0=totally repressed)
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Languages
Albanian (official) 94.5%, Bosnian 1.7%, Serbian (official) 1.6%, Turkish 1.1%, other 0.9% (includes Romani), unspecified 0.1%
Note: in municipalities where a community's mother tongue is not one of Kosovo's official languages, the language of that community may be given official status according to the 2006 Law on the Use of Languages (2011 est.)
Religions
Muslim 95.6%, Roman Catholic 2.2%, Orthodox 1.5%, other 0.07%, none 0.07%, unspecified 0.6% (2011 est.)
Total population
| 1980 | 1990 | 2000 | 2016* | 2021* |
| N/A | N/A | N/A | N/A | N/A |
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Urban population as % of total population
| 1960 | 1980 | 2000 | 2015 |
| N/A | N/A | N/A | N/A |
Literacy
Total population: 91.9%
Male: 96.6%
Female: 87.5% (2003 est.)
(age 15 and over can read and write)
% of population living on less than $3.10 a day
0.8% (2013)
Inequality of wealth distribution (Gini index)
26.7 (2013)
(0=perfect equality, 100=absolute inequality)
Source
Freedom House rating
Political Rights: 3
Civil Liberties: 4 (2017)
(1 represents the most free, 7 the least free rating)
Source