Kosovo's external balance on goods and services (constant LCU) was -2.01 billion in 2025, the latest year in the World Bank's World Development Indicators. That is down 39.57% from -1.44 billion in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -2.01 billion | 2025 |
| Five years earlier | -1.95 billion | 2020 |
| Ten years earlier | -1.44 billion | 2015 |
| Highest | -1.39 billion | 2017 |
| Lowest | -2.01 billion | 2025 |
| Average since 2016 | -1.71 billion | 2016–2025 |
| First recorded | -1.5 billion |
What the numbers say
In 2025, Kosovo's external balance on goods and services (constant LCU) fell 196.68 million on 2024 (from -1.81 billion to -2.01 billion).
Across the 16 yearly changes before that (2009 to 2024), the average change was −19.59 million and a typical year strayed about 140.57 million from that (the standard deviation). This year's change was 1.3 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 234.3 million in 2022 and the biggest yearly fall was 368.24 million in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is downward, about 50.17 million a year. A straight line explains 55% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Kosovo had the 42nd highest value of the 95 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Kosovo in the 2025 ranking
- Sudan — 38th of 95: -1.14 billion
- Estonia — 39th of 95: -1.22 billion
- Latvia — 40th of 95: -1.6 billion
- Montenegro — 42nd of 95: -2.05 billion
- São Tomé and Principe — 43rd of 95: -2.57 billion
- Portugal — 44th of 95: -3.84 billion
What this measures
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 18 values
| Year | External balance on goods and services (constant LCU) |
|---|---|
| 2025 | -2,008,321,869 |
| 2024 | -1,811,644,000 |
| 2023 | -1,689,973,200 |
| 2022 | -1,686,779,100 |
| 2021 | -1,921,074,900 |
| 2020 | -1,953,349,900 |
| 2019 | -1,585,108,700 |
| 2018 | -1,571,365,800 |
| 2017 | -1,388,568,300 |
| 2016 | -1,513,846,500 |
External balance on goods and services (constant LCU) in nearby economies
More economic policy & debt data for Kosovo
- Short-term debt (% of total external debt) — 35.58% (2024)
- IFC, private nonguaranteed (NFL, current US$) — −US$4.03 million (2024)
- Adjusted savings, mineral depletion (current US$) — US$28.35 million (2021)
- External debt stocks, total (DOD, current US$) — US$4.4 billion (2024)
- Use of IMF credit (DOD, current US$) — US$259.61 million (2024)
- External debt stocks, short-term (DOD, current US$) — US$1.56 billion (2024)
- Debt service on external debt, total (TDS, current US$) — US$376.95 million (2024)
- IMF repurchases and charges (TDS, current US$) — US$37.92 million (2024)
- Total reserves, including gold (current US$) — US$1.52 billion (2025)
Reading data like this
Questions people ask
- What is Kosovo's external balance on goods and services (constant LCU)?
- -2.01 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2008?
- It is down 34.05% from -1.5 billion in 2008. The highest value was -1.39 billion in 2017 and the lowest -2.01 billion in 2025.
- How does Kosovo rank?
- 42nd highest of 95 economies with data for 2025.
- Is the latest change in external balance on goods and services (constant LCU) unusual for Kosovo?
- In 2025, Kosovo's external balance on goods and services (constant LCU) fell 196.68 million on 2024 (from -1.81 billion to -2.01 billion). Across the 16 yearly changes before that (2009 to 2024), the average change was −19.59 million and a typical year strayed about 140.57 million from that (the standard deviation). This year's change was 1.3 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NE.RSB.GNFS.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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