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Kosovo Real GDP

Kosovo's real GDP rose to $8.97 billion in 2024, up from $8.59 billion in 2023, according to World Bank. This represents an increase of 4.4% ($378.89 million) from the previous year and accounts for 0.01% of the world's total real GDP. Kosovo has real GDP lower than the global median ($8.97 billion vs median $29.34 billion). Compared with the median in Europe, Kosovo is lower ($8.97 billion vs regional median $78.54 billion) and ranks 41st out of 47 countries in Europe.

Kosovo's GDP per capita rose to $5,869.82 in 2024, up from $5,102.75 in 2023.

Yearly Historical Data (2008-2024)

(in Billion USD)
Year Real GDP (Billion USD)
2024 8.97
2023 8.59
2022 8.25
2021 7.91
2020 7.14
2019 7.55
2018 7.2
2017 6.97
2016 6.65
2015 6.3
2014 5.94
2013 5.75
2012 5.46
2011 5.37
2010 5.05
2009 4.81
2008 4.58
Kosovo Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in Kosovo, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.