Kosovo - BIP Jahreswachstumsrate

Kosovo's gross domestic product advanced 4.1 percent year-on-year in the second quarter of 2019, following an upwardly revised 4.2 percent growth in the prior period, as output rose at a slower pace for both household consumption (0.1 percent from 3.3 percent in Q1) and gross capital formation (4.1 percent from 13.7 percent). Also, government spending contracted (-3.3 percent from 0.6 percent). At the same time, net trade contributed positively to growth, as exports rose 14.4 percent (from 6.6 percent in Q1) while imports fell 0.5 percent (from 6.6 percent in Q1).

Kosovo’s gross domestic product expanded 4.1 percent year-on-year in the first quarter of 2019, accelerating from a 3.8 percent growth in the previous period, as output advanced faster for both government (3.4 percent vs 1.1 percent in Q4) and household consumption (5.0 percent vs 2.3 percent). Meanwhile, gross capital formation rose at a softer pace (7.4 percent vs 9.2 percent) while net trade contributed negatively to growth, as exports increased 6.7 percent (from 7.2 percent in Q4) while imports went up 8.1 percent (from 4.4 percent in Q4).

Kosovo’s gross domestic product expanded 3.8 percent year-on-year in the fourth quarter of 2018, following a 3.4 percent growth in the previous period. Government expenditure rebounded (1.1 percent from -4.6 percent in Q3) and net trade contributed positively to growth, as exports increased 7.2 percent (from -8.0 percent in Q3) while imports rose at a softer 4.4 percent (from 8.4 percent in Q3). On the other hand, output advanced at a softer pace for gross capital formation (9.2 percent from 24.6 percent) and household´s consumption (2.3 percent from 8.4 percent). Considering full 2018, gross domestic product advanced 3.9 percent, compared to a 3.7 percent growth in 2017.