Kosovo: Trade (% of GDP)
In , Kosovo's Trade (% of GDP) was 113.79.
That's up 3.5% from 2023, the highest value on record.
The global average for this indicator in 2024 was 92.19 . Kosovo ranks #41 globally out of 160 reporting countries. Within Europe & Central Asia, it ranks #19 of 49.
Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2024
Trend (2008–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 113.79
- Trough
- 74.02
- 1-year change
- +3.5%
- 5-year change
- +32.7%
- +5.8% / yr
- 10-year change
- +47.6%
- +4.0% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 113.7897 | |
| 109.9519 | |
| 110.0120 | |
| 98.6384 | |
| 75.6080 | |
| 85.7534 | |
| 86.3151 | |
| 80.4101 | |
| 75.0188 | |
| 74.0204 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Kosovo's Trade (% of GDP) in 2024?
- In 2024, Kosovo's Trade (% of GDP) was 113.79, according to World Bank Open Data.
- Is Kosovo's Trade (% of GDP) rising or falling?
- Kosovo's Trade (% of GDP) rose 3.5% from 2023 to 2024.
- How does Kosovo rank globally on Trade (% of GDP)?
- In 2024, Kosovo ranked #41 out of 160 countries reporting Trade (% of GDP).
- How does Kosovo's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Kosovo is above the world average. Within Europe & Central Asia, it ranks #19 of 49.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.