Gross Domestic Product by economic activities and expenditure approach, 2008-2020

  • 17/09/2021

The Kosovo Agency of Statistics (KAS) has published the revised data of Gross Domestic Product (GDP) by two approaches (by economic activities and by expenditure approach), with current prices and prices of the previous year for the period 2008-2020, based on ESA 2010.

GDP at current prices in 2020 was 6 771.6 million Euros.

The real decline in 2020, compared to 2019 was (-5.34%). GDP per capita in 2020 was 3 772 Euros.

Real growth in 2020 was in the following economic activities: Electricity and gas supply (10.5%); Health and social work activities (9.0%); Professional, scientific and technical activities (7.9%); Other services (6.9%); Financial and insurance activities (2.0%); Public administration and defense, compulsory social security (1.6%); Manufacturing industry (1.2%); Real estate business (0.9%); and in Mining industry (0.5%).

Whereas, there was a decrease in the following activities: Hotels and restaurants (-29.8%); Art, entertainment and recreation (-27.1%); Transport and storage (-23.8%); Construction (-9.0%); Water supply (-7.4%); Wholesale and retail trade, repair of motor vehicles and motorcycles (-6.4%); Agriculture, hunting, forestry and fishing (-5.8%); Education (-5.5%); Administrative and support activities (-5.1%); Information and communication (-1.2%).

The real growth according to the main components of GDP by expenditure approach in 2020 was as follows: Exports of goods (21.7%); Final consumption expenditures of households (2.5%); Government final consumption expenditures (2.1%).

There was a decrease in the following components: Exports of services (-41.0%); Import of services (-16.2%); Gross capital formation (-7.1%).