Kosovo's terms of trade adjustment (constant LCU) was -355.02 million in 2025, the latest year in the World Bank's World Development Indicators. That is down 240.97% from -104.12 million in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -355.02 million | 2025 |
| Five years earlier | -65.95 million | 2020 |
| Ten years earlier | -104.12 million | 2015 |
| Highest | 0 | 2008 |
| Lowest | -462.25 million | 2022 |
| Average since 2016 | -244.82 million | 2016–2025 |
| First recorded | 0 |
What the numbers say
In 2025, Kosovo's terms of trade adjustment (constant LCU) rose 73.49 million on 2024 (from -428.52 million to -355.02 million).
Across the 16 yearly changes before that (2009 to 2024), the average change was −26.78 million and a typical year strayed about 76.81 million from that (the standard deviation). This year's change was 1.3 standard deviations above 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 77.26 million in 2020 and the biggest yearly fall was 216.83 million in 2022. 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 46.12 million a year. A straight line explains 72% 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 79th highest value of the 128 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
- West Bank and Gaza — 76th of 128: -41.99 million
- Bulgaria — 77th of 128: -68.12 million
- Bosnia and Herzegovina — 78th of 128: -180.02 million
- Central African Republic — 80th of 128: -872.72 million
- Brunei Darussalam — 81st of 128: -970.77 million
- Comoros — 82nd of 128: -1.26 billion
What this measures
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. 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 | Terms of trade adjustment (constant LCU) |
|---|---|
| 2025 | -355,022,879 |
| 2024 | -428,516,896 |
| 2023 | -448,667,521 |
| 2022 | -462,250,558 |
| 2021 | -245,423,285 |
| 2020 | -65,953,972 |
| 2019 | -143,211,241 |
| 2018 | -123,661,586 |
| 2017 | -116,677,425 |
| 2016 | -58,804,917 |
| 2015 |
Terms of trade adjustment (constant LCU) in nearby economies
- Albania — 90.65 billion (2025)
- Armenia — -348.18 billion (2025)
- Austria — -7.2 billion (2025)
- Belarus — -4.07 billion (2025)
- Belgium — -20.53 billion (2025)
- Bosnia and Herzegovina — -180.02 million (2025)
- Bulgaria — -68.12 million (2025)
- Croatia — 259.43 million (2025)
- Cyprus — 85.17 million (2025)
- Czechia — 47.02 billion (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
Questions people ask
- What is Kosovo's terms of trade adjustment (constant LCU)?
- -355.02 million in 2025, according to the World Bank (World Development Indicators).
- How does Kosovo rank?
- 79th highest of 128 economies with data for 2025.
- Is the latest change in terms of trade adjustment (constant LCU) unusual for Kosovo?
- In 2025, Kosovo's terms of trade adjustment (constant LCU) rose 73.49 million on 2024 (from -428.52 million to -355.02 million). Across the 16 yearly changes before that (2009 to 2024), the average change was −26.78 million and a typical year strayed about 76.81 million from that (the standard deviation). This year's change was 1.3 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
- Where does this data come from?
- The World Bank's World Development Indicators, 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).
Source
World Bank, World Development Indicators, indicator NY.TTF.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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