Kosovo: Gross fixed capital formation (constant LCU)

Key figures

What the numbers say

In 2024, Kosovo's gross fixed capital formation (constant LCU) rose 7% on 2023 (from 2.03 billion to 2.18 billion).

Across the 15 yearly changes before that (2009 to 2023), the average change was +4.6% and a typical year strayed about 5.8% from that (the standard deviation). This year's change was 0.4 standard deviations above 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 13% in 2021 and the biggest yearly fall was 7.6% 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 2015 to 2024 the straight-line trend is upward, about 62.45 million a year. A straight line explains 85% 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.

A straight-line projection, tested first

Extending that straight line gives about 2.36 billion for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 61.12 million, against 84.07 million for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2024, Kosovo had the 24th highest value of the 31 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 2024 ranking

• Bahrain — 21st of 31: 4.46 billion
• Bahamas, The — 22nd of 31: 3.72 billion
• Solomon Islands — 23rd of 31: 2.5 billion
• Belize — 25th of 31: 1.15 billion
• Bermuda — 26th of 31: 850.3 million
• Timor-Leste — 27th of 31: 480.08 million

What this measures

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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 17 values

Gross fixed capital formation (constant LCU) in nearby economies

• Albania — 572.99 billion (2025)
• Armenia — 1.94 trillion (2025)
• Austria — 96.76 billion (2025)
• Belarus — 53.15 billion (2025)
• Belgium — 125.53 billion (2025)
• Bosnia and Herzegovina — 10.75 billion (2024)
• Bulgaria — 14.29 billion (2025)
• Croatia — 18.55 billion (2025)
• Cyprus — 6 billion (2025)
• Czechia — 1.75 trillion (2025)

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

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Kosovo's gross fixed capital formation (constant LCU)?

2.18 billion in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2008?

It is up 106.64% from 1.05 billion in 2008 (4.64% a year on average, compounded). The highest value was 2.18 billion in 2024 and the lowest 1.05 billion in 2008.

Source

World Bank, World Development Indicators, indicator NE.GDI.FTOT.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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