Kosovo - Inflation, consumer prices (annual %) 2003 - 2022
Kosovo's inflation, consumer prices (annual %) is currently 11.58%, according to the most recent World Bank data for the country (2022).
Definition
The consumer price index gauges inflation by indicating the yearly percentage shift in the expenses for an average consumer to procure a collection of goods and services, which could either remain constant or alter at specified periods like annually; typically employing the Laspeyres formula.- Kosovo's inflation, consumer prices (annual %) for 2022 was 11.581%, a 245.31% increase from 2021, with a +8 difference.
- In 2021 it was 3.354%, a 1,591.84% increase from 2020, with a +3 difference.
- In 2020 it was 0.198%, a -92.59% increase from 2019.
- In 2019 it was 2.676%, a 153.94% increase from 2018.
- In 2018 it was 1.054%, a -29.19% increase from 2017.
Measure: Percent
Average, Lowest, and Highest Recorded Values
The average inflation, consumer prices (annual %), value for Kosovo is currently 2.1981% (average of years with recorded data) with a lowest recorded value of -2.4103% in 2009 and a highest value of 11.5805% in 2022.
Kosovo's Inflation, consumer prices (annual %) - Historical Data
| Year | Inflation, consumer prices (annual %) | Average Growth Rate (%) |
|---|---|---|
| 2003 | -1.085% | |
| 2004 | -1.065% | 1.85% |
| 2005 | -1.385% | -30.10% |
| 2006 | 0.622% | 144.88% |
| 2007 | 4.358% | 601.12% |
| 2008 | 9.35% | 114.53% |
| 2009 | -2.41% | -125.78% |
| 2010 | 3.481% | 244.40% |
| 2011 | 7.336% | 110.79% |
| 2012 | 2.477% | -66.24% |
| 2013 | 1.767% | -28.64% |
| 2014 | 0.429% | -75.73% |
| 2015 | -0.537% | -225.17% |
| 2016 | 0.273% | 150.88% |
| 2017 | 1.488% | 444.80% |
| 2018 | 1.054% | -29.19% |
| 2019 | 2.676% | 153.94% |
| 2020 | 0.198% | -92.59% |
| 2021 | 3.354% | 1,591.84% |
| 2022 | 11.581% | 245.31% |
Expand
Comparison with Countries in the Europe & Central Asia Region.
Among countries in the same World Bank Europe & Central Asia (ECA) region, Kosovo comes in 21st with 11.581% inflation, consumer prices (annual %).
- Within the same region, Poland comes in 11th with 14.43%, inflation, consumer prices (annual %).
- North Macedonia comes in 12th with 14.205%.
- Bosnia and Herzegovina comes in 13th with 14.021%.
- Kyrgyz Republic comes in 14th with 13.923%.
- Azerbaijan comes in 15th with 13.852%.
- Romania comes in 16th with 13.796%.
- Montenegro comes in 17th with 13.04%.
- Slovak Republic comes in 18th with 12.774%.
- Serbia comes in 19th with 11.982%.
- Georgia comes in 20th with 11.898%.
- Uzbekistan comes in 22nd with 11.447%.
- Croatia comes in 23rd with 10.781%.
- Netherlands comes in 24th with 10.001%.
- Greece comes in 25th with 9.645%.
- Belgium comes in 26th with 9.598%.
- Slovenia comes in 27th with 8.834%.
- Armenia comes in 28th with 8.641%.
- Austria comes in 29th with 8.547%.
- Cyprus comes in 30th with 8.395%.
- And Spain comes in 31st with 8.391%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 10 Countries in the Europe & Central Asia Region.
Top 10 Countries in the Europe & Central Asia Region.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Turkiye | 72.31% | 2022 |
| 2 | Moldova | 28.74% | 2022 |
| 3 | Ukraine | 20.18% | 2022 |
| 4 | Lithuania | 19.70% | 2022 |
| 5 | Estonia | 19.40% | 2022 |
| 6 | Latvia | 17.31% | 2022 |
| 7 | Bulgaria | 15.33% | 2022 |
| 8 | Belarus | 15.21% | 2022 |
| 9 | Czechia | 15.10% | 2022 |
| 10 | Hungary | 14.61% | 2022 |
Comparison with Countries in the Upper middle income Group.
Among countries in the same World Bank Upper middle income (UMI) group, Kosovo comes in 15th with 11.581% inflation, consumer prices (annual %).
- Within the same income group, Bulgaria comes in 5th with 15.325%, inflation, consumer prices (annual %).
- Belarus comes in 6th with 15.21%.
- North Macedonia comes in 7th with 14.205%.
- Bosnia and Herzegovina comes in 8th with 14.021%.
- Azerbaijan comes in 9th with 13.852%.
- Montenegro comes in 10th with 13.04%.
- Palau comes in 11th with 12.353%.
- Serbia comes in 12th with 11.982%.
- Georgia comes in 13th with 11.898%.
- Botswana comes in 14th with 11.666%.
- Tonga comes in 16th with 10.971%.
- Mauritius comes in 17th with 10.774%.
- Jamaica comes in 18th with 10.35%.
- Colombia comes in 19th with 10.177%.
- Paraguay comes in 20th with 9.766%.
- Brazil comes in 21st with 9.28%.
- Dominican Republic comes in 22nd with 8.811%.
- Armenia comes in 23rd with 8.641%.
- Peru comes in 24th with 8.334%.
- And Costa Rica comes in 25th with 8.275%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 14 Countries in the Upper middle income Group.
Top 14 Countries in the Upper middle income Group.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Venezuela, RB | 254.949% | 2016 |
| 2 | Turkiye | 72.309% | 2022 |
| 3 | Suriname | 52.446% | 2022 |
| 4 | Moldova | 28.737% | 2022 |
| 5 | Bulgaria | 15.325% | 2022 |
| 6 | Belarus | 15.210% | 2022 |
| 7 | North Macedonia | 14.205% | 2022 |
| 8 | Bosnia and Herzegovina | 14.021% | 2022 |
| 9 | Azerbaijan | 13.852% | 2022 |
| 10 | Montenegro | 13.040% | 2022 |
| 11 | Palau | 12.353% | 2022 |
| 12 | Serbia | 11.982% | 2022 |
| 13 | Georgia | 11.898% | 2022 |
| 14 | Botswana | 11.666% | 2022 |