Kosovo GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$7,023.07

Source: world bank Nominal/PPP
Summary:

Kosovo GDP Per Capita expanded from 2008 to 2024, increasing from $2,877.39 to $7,023.07 .The compound annual growth rate (CAGR) averaged 5.74% over the period. The economy recorded its peak level in 2024 and its lowest level in 2009. Growth volatility remained high. The maximum drawdown reached 9.79%, indicating the largest cyclical decline from peak levels. The country experienced 4 recession episode(s) during the observed period.

Latest GDP Per Capita of Kosovo 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 7,023.07 dollars$ 17,864.42 Int dollars
Growth (YoY)12.889%13.034%
Net Change vs Previous Year$ 801.86 dollars$ 2,060.01 Int dollars
% of World GDP Per Capita6.33%8.95%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Kosovo GDP | Kosovo GDP Growth

Kosovo Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
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20082877.39--6352.65--
20092794.87-82.53-2.868 %6736.76384.116.046 %
20102987.55192.686.894 %7179.22442.466.568 %
20113538.95551.418.457 %7776.47597.258.319 %
20123410.66-128.29-3.625 %7897.57121.091.557 %
20133704.56293.98.617 %8090.76193.192.446 %
20143902.49197.945.343 %8200.47109.711.356 %
20153520.63-381.87-9.785 %8714.92514.456.273 %
20163759.45238.826.783 %9157.05442.135.073 %
20174009.32249.876.646 %9380.94223.892.445 %
20184384.19374.879.35 %10018.74637.86.799 %
2019441631.810.726 %10861.05842.318.407 %
20204310.89-105.11-2.38 %10532.51-328.55-3.025 %
20215270.43959.5422.259 %12362.421829.9217.374 %
20225290.9520.520.389 %13950.91588.4812.849 %
20236221.21930.2617.582 %15804.411853.5113.286 %
20247023.07801.8612.889 %17864.422060.0113.034 %

Kosovo Economic Phases (2008 - 2024)

From 2008 to 2024, Kosovo economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (2010–2011) indicating robust economic expansion
  • High Growth (2013–2014) indicating robust economic expansion
  • High Growth (2016–2018) indicating robust economic expansion
  • High Growth (2023–2024) indicating robust economic expansion

The most remarkable growth occurred in 2021 with an increase of 22.259%, while the largest decline was in 2015 at -9.785%.