Kosovo GDP: Top 5 Amazing Facts

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Kosovo GDP

Kosovo country overview

before we start to discuss Kosovo GDP first we discuss Kosovo country overview, so Kosovo is officially called the Republic of Kosovo.

Kosovo GDP
Kosovo GDP

It is located in Southeast Europe. Its capital and largest city name are Pristina. Its official language is Albanian and Serbian. In ethnic groups, 92% of Albanians and 8% of other ethnic-related groups live in Kosovo.

In the religious divide, 97% of Islam and 3% of other religion-related peoples live in Kosovo. Kosovo’s government system is the Unitary parliamentary republic.

Its president name is Vjosa Osmani. Its prime minister’s name is Albin Kurti. Kosovo’s total land area is 10,888 km2. Its land area rank is 171th in the world.

Its total population is 1,935,200 in the year 2021. Its population rank is 152nd in the world. Kosovo’s population density is 159/km2. 

Kosovo Economy

Kosovo’s currency is called the Euro. Kosovo’s economy is called the developed and emerging economy and an upper-middle-income economy.

Kosovo’s inflation rate is 1.3% in the year 2021. 18% of its population lives below the poverty line. Kosovo’s HDI rate is 0.750 which is considered the middle HDI rate in the world countries.

The unemployment rate in Kosovo is 26% in the year 2019. Its gross external debt is $1 million in the year 2017.  

Kosovo GDP

Its total GDP is $8,6 billion (nominal) and $21.6 billion (PPP) in the year 2021. Its GDP growth rate is 5.2% in the year 2021.

Kosovo’s GDP per capita is $4,860 (nominal) and $11,900 (PPP) in the year 2021. When we talk about its GDP by sector, so agriculture was 13%, industry 23%, and services 64% in the year 2016. 

Kosovo Exports

Kosovo’s total exports are $576 million in the year 2020. Its main export goods are minerals, food products, machinery, and others. Its main export partners are Albania, India, Switzerland, and others. 

Kosovo Imports

Its total imports are $3.7 billion in the year 2018. Its main import goods are food products, minerals. Its main import partners are European Union, Turkey, China, Albania, and others. 

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