Kosovo has the biggest GDP growth in the region

Kosovo has the biggest GDP growth in the region

Pristina, September 12, 2014/Independent Balkan News Agency

By Elton Tota

GDP per capita in Kosovo has seen a growth from 2008 until 2013. GDP has also seen a growth compared to 2008.

This was declared during the presentation of a report by the Agency for Statistics of Kosovo (ASK) about GDP for the period from 2008 until 2013.

But, in spite of these increases, ASK officials said that the living standards of the citizens of Kosovo are far from those in the European countries.

The head of the Agency for Statistics of Kosovo, Isa Krasniqi, declared on Friday during a press conference that these are important data for the Republic of Kosovo.

He said that GDP has been estimated based on  ESA 2010 and Sna 2018 the methodology.

Krasniqi said that based on these calculations, there was a growth in GDP.

“For 2013, GDP amounted to 5 billion and 326,6 million Euros, while in 2008, it was 3 billion and 882,8 million Euros. Meanwhile GDP per capita in 2013 went up to 2935 Euros as opposed to 2258 Euros in 2008. In 2013, the real GDP growth in Kosovo was 3,4%”, said Krasniqi.

Meanwhile, Ilir Berisha, head of the Department of Economic Statistics and National Accounts at ASK, said that for EU aspiring countries, September is the time for the corrections according to the new methodology.

He said that Kosovo has the biggest rate of GDP growth in the region. /ibna/