Kosovo's external debt stocks, total (DOD, current US$) was US$4.4 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 108.88% from US$2.1 billion in 2014 (7.64% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$4.4 billion | 2024 |
| Five years earlier | US$2.42 billion | 2019 |
| Ten years earlier | US$2.1 billion | 2014 |
| Highest | US$4.4 billion | 2024 |
| Lowest | US$69.58 million | 2001 |
| Average since 2015 | US$3.02 billion | 2015–2024 |
| First recorded | US$75.99 million |
What the numbers say
In 2024, Kosovo's external debt stocks, total (DOD, current US$) rose 3.6% on 2023 (from US$4.24 billion to US$4.4 billion).
Across the 24 yearly changes before that (2000 to 2023), the average change was +34.5% and a typical year strayed about 112.1% from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 542% in 2007 and the biggest yearly fall was 8% in 2005. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about US$272.48 million a year. A straight line explains 92% 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 2024, Kosovo had the 85th highest value of the 118 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.
| Value | Year | |
|---|---|---|
| Kosovo | US$4.4 billion | 2024 |
| Upper middle income | US$6.36 trillion | 2024 |
Closest to Kosovo in the 2024 ranking
- Syrian Arab Republic — 81st of 118: US$4.76 billion
- Maldives — 82nd of 118: US$4.69 billion
- Mauritania — 83rd of 118: US$4.46 billion
- Togo — 85th of 118: US$4.29 billion
- Fiji — 86th of 118: US$3.87 billion
- Malawi — 87th of 118: US$3.74 billion
What this measures
Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 26 values
| Year | External debt stocks, total (DOD, current US$) |
|---|---|
| 2024 | 4,395,488,576 |
| 2023 | 4,240,846,708 |
| 2022 | 3,660,395,633 |
| 2021 | 3,345,673,086 |
| 2020 | 3,088,370,306 |
| 2019 | 2,417,453,907 |
| 2018 | 2,325,432,781 |
| 2017 | 2,504,211,068 |
| 2016 | 2,124,679,280 |
| 2015 | 2,102,921,437 |
External debt stocks, total (DOD, current US$) in nearby economies
- Albania — US$10.71 billion (2024)
- Armenia — US$16.4 billion (2024)
- Azerbaijan — US$12.2 billion (2024)
- Belarus — US$34.22 billion (2024)
- Bosnia and Herzegovina — US$13.89 billion (2024)
- Bulgaria — US$47.21 billion (2022)
- Georgia — US$25.16 billion (2024)
- Kazakhstan — US$167.54 billion (2024)
- Kyrgyz Republic — US$11.69 billion (2024)
- Moldova
More economic policy & debt data for Kosovo
- Short-term debt (% of total external debt) — 35.58% (2024)
- IFC, private nonguaranteed (NFL, current US$) — −US$4.03 million (2024)
- Adjusted savings, mineral depletion (current US$) — US$28.35 million (2021)
- Use of IMF credit (DOD, current US$) — 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$1.52 billion (2025)
- Total reserves, excluding gold (current US$) — US$1.52 billion (2025)
Reading data like this
Questions people ask
- What is Kosovo's external debt stocks, total (DOD, current US$)?
- US$4.4 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1999?
- It is up 5,684% from US$75.99 million in 1999 (17.62% a year on average, compounded). The highest value was US$4.4 billion in 2024 and the lowest US$69.58 million in 2001.
- How does Kosovo rank?
- 85th highest of 118 economies with data for 2024.
- Is the latest change in external debt stocks, total (DOD, current US$) unusual for Kosovo?
- In 2024, Kosovo's external debt stocks, total (DOD, current US$) rose 3.6% on 2023 (from US$4.24 billion to US$4.4 billion). Across the 24 yearly changes before that (2000 to 2023), the average change was +34.5% and a typical year strayed about 112.1% from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator DT.DOD.DECT.CD, licensed CC BY 4.0. Original source: International Debt Statistics, 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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