In 2023, Kosovo's GDP was largely driven by the services sector, contributing approximately 33.8%, followed by mining, manufacturing, and utilities at 21.5%. The wholesale, retail trade, restaurants, and hotels constituted 16.77%, while agriculture, hunting, forestry, and fishing made up 13.01%. Construction accounted for 8.1%, with transport, storage, and communication at 6.8%. Over the past two years, services saw a steady growth, while the construction sector experienced a moderate decline. The five-year CAGR showed the services sector growing at a steady pace, with notable resilience in wholesale and retail trade, and moderate performance in other sectors.
Future trends to watch include the potential expansion of the services sector due to increased regional integration and digitalization. Continued investment in infrastructure could bolster the construction sector, while reforms in the mining and manufacturing industries may propel growth. Agriculture's contribution may stabilize as sustainable practices are adopted. Monitoring these trends will provide insights into Kosovo’s economic reshaping.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Services | 33.8 | 2016 | |
| 2 | 2 Mining, Manufacturing, Utilities | 21.5 | 2016 | |
| 3 | 3 Wholesale, retail trade, restaurants and hotels | 16.77 | 2016 | |
| 4 | 4 Agriculture, hunting, forestry, fishing | 13.01 | 2016 | |
| 5 | 5 Construction | 8.1 | 2016 | |
| 6 | 6 Transport, storage and communication | 6.8 | 2016 |
