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USD/JPY

103.77

0%

USD/CHF

0.8851

0%

AUD/USD

0.7715

0%

GBP/USD

1.3682

0%

EUR/USD

1.2170

0%

USD/CAD

1.2733

0%

Economy of Serbia. Statistics, Data and Indicators

Serbia

36BB	Credit rank #78
123.48	Quality of life #45
91	Corruption rank#79
44	Ease of doing business#48

Serbia

Business Indicators
Budget Indicators
Money Indicators

Taxes
GDP Indicators
Labor Indicators

Inflation Indicators
Trade Indicators
Consumer Indicators

Production Indicators

Serbia Major Economic Indicators

Indicator	Data	Period
GDP Value	51.41 USD Billion	2019
GDP Annual Growth Rate	-1.4 %	3Q/20
GDP Growth Rate	7.4 %	3Q/20
GDP per capita	7213 USD	2019
Inflation Rate YoY	1.3 %	Dec/20
Interest Rate	1 %	Jan/21
Unemployment Rate	9 %	3Q/20
Wages	60109 RSD/Month \| 617.104 USD/Month	Oct/20
Balance of Trade	-707 USD Million \| -0.707 B USD	Nov/20
Current Account	-266 USD Million \| -0.266 B USD	Nov/20
Foreign Exchange Reserves	13500 EUR Million \| 16.432 B USD	Dec/20
Government Debt	3134079 RSD Million \| 32.176 B USD	Nov/20

GDP

vvp

51.41

USD Billion

#88 from 174 countries

GDP per capita

vvp

7213

USD

#80 from 169 countries

GDP Indicators

Indicator	Data	Period
GDP Value	51.41 USD Billion	2019
GDP Annual Growth Rate	-1.4 %	3Q/20
GDP Growth Rate	7.4 %	3Q/20
GDP per capita	7213 USD	2019
GDP Constant Prices	1260291 RSD Million \| 12.939 B USD	3Q/20
GDP per capita PPP	18180 USD	2019
GDP From Agriculture	100050 RSD Million \| 1.027 B USD	3Q/20
GDP From Construction	65819 RSD Million \| 0.676 B USD	3Q/20
GDP From Manufacturing	257880 RSD Million \| 2.648 B USD	3Q/20
GDP From Public Administration	124178 RSD Million \| 1.275 B USD	3Q/20
GDP From Services	212663 RSD Million \| 2.183 B USD	3Q/20

Budget Indicators

Indicator	Data	Period
Government Debt to GDP	52 %	2019
Government Spending	244070 RSD Million \| 2.506 USD Billion	3Q/20
Government Debt	3134079 RSD Million \| 32.176 USD Billion	Nov/20
Government Budget to GDP	0.2 %	2019
Government Spending to GDP	42.3 %	2019
Military Expenditure	813 USD Million \| 0.813 B USD	2018

Inflation Indicators

Indicator	Data	Period
Consumer Price Index (CPI)	201 index points	Dec/20
Food Inflation	1.9 %	Dec/20
Gasoline Prices	1.46 USD/Liter	Dec/20
Inflation Rate YoY	1.3 %	Dec/20
Inflation Rate Mom	0.1 %	Dec/20
CPI Housing Utilities	219 Index Points	Dec/20
CPI Transportation	168 Index Points	Dec/20

Trade Indicators

Indicator	Data	Period
Current Account to GDP	-6.9 %	2019
Weapons Sales	27 USD Million \| 0.027 M USD	2018
Balance of Trade	-707 USD Million \| -0.707 USD Billion	Nov/20
Capital Flows	-100 USD Million \| -0.1 USD Billion	Nov/20
Current Account	-266 USD Million \| -0.266 USD Billion	Nov/20
Exports	1900 USD Million \| 1.9 USD Billion	Nov/20
External Debt	28418 EUR Million \| 34.589 USD Billion	4Q/19
Foreign Exchange Reserves	13500 EUR Million \| 16.432 USD Billion	Dec/20
Imports	2606 USD Million \| 2.606 USD Billion	Nov/20
Tourist Arrivals	26851 Persons \| 0.027 Million Persons	Nov/20

Money Indicators

Indicator	Data	Period
Gold Reserves	31.93 Tonnes	3Q/20
Interbank Rate	0.89 %	Jan/21
Interest Rate	1 %	Jan/21
Loans to Private Sector	1257326 RSD Million \| 12.908 USD Billion	Nov/20
Money Supply M0	246864 RSD Million \| 2.534 USD Billion	Nov/20
Money Supply M1	1128683 RSD Million \| 11.588 USD Billion	Nov/20
Money Supply M2	1444528 RSD Million \| 14.83 USD Billion	Nov/20
Money Supply M3	3214714 RSD Million \| 33.004 USD Billion	Nov/20
Deposit Interest Rate	0.1 %	Jan/21
Foreign Direct Investment	264 EUR Million \| 0.321 B USD	Nov/20

Labor Indicators

Indicator	Data	Period
Minimum Wages	308 EUR/Month \| 374.883 USD/Month	4Q/19
Retirement Age Men	65	2018
Retirement Age Women	62	2018
Unemployment Rate	9 %	3Q/20
Wages	60109 RSD/Month \| 617.104 USD/Month	Oct/20
Youth Unemployment Rate	26.5 %	3Q/20
Employed Persons	2936600 Person \| 2.937 Million Person	3Q/20
Employment Rate	49.9 %	3Q/20
Labor Force Participation Rate	54.8 %	3Q/20
Unemployed Persons	493 Thousand Persons \| 0.493 Million Persons	Nov/20

Taxes

Indicator	Data	Period
Corporate Tax Rate	15 %	2019
Personal Income Tax Rate	10 %	2019
Sales Tax Rate	20 %	2020
Social Security Rate	37.05 %	2019
Social Security Rate For Companies	17.15 %	2019
Social Security Rate For Employees	19.9 %	2019

Production Indicators

Indicator	Data	Period
Crude Oil Production	15 BBL/D/1K	Sep/20
Industrial Production	-1.4 %	Nov/20
Steel Production	121 Thousand Tonnes	Nov/20

Business Indicators

Indicator	Data	Period
Corruption Index	39 index points	2019
Corruption Rank	91 place	2019
Ease of Doing Business	44 place	2019
Manufacturing Production	4.1 %	Sep/20
Competitiveness Index	60.85 Index Points	2019
Competitiveness Rank	72	2019

Consumer Indicators

Indicator	Data	Period
Retail Sales MoM	-2 %	Sep/20
Retail Sales YoY	1.1 %	Nov/20
Consumer Credit	1242594 RSD Million \| 12.757 USD Billion	Nov/20
Consumer Spending	945520 RSD Million \| 9.707 USD Billion	3Q/20

Government Debt

dept_icon

32.176

USD Billion

#41 from 65 countries

Balance of Trade

balance_icon

-0.707

USD Billion

#113 from 173 countries

Gold Reserves

gold_reserve_icon

31.93

Tonnes

#60 from 114 countries

Foreign Exchange Reserves

gold_reserve_icon

16.432

USD Billion

#61 from 114 countries

Government Budget Value

balance_icon

N/A

N/A

#N/A from N/A countries

Inflation Rate

inflation_icon

1.3

%

#122 from 174 countries

Interest Rate

discount_rate_icon

1

%

#102 from 159 countries

Bank Lending Rate

credit_rate_icon

N/A%

#N/A from N/A countries

Unemployment Rate

unemployment_icon

9

%

#42 from 171 countries

Wages

salary_icon

617.104

USD/Month

#60 from 82 countries

Retirement Age

man_icon

woman_icon

65

62

men

women

Taxes

company_icon

private_icon

15%

10%

company profits

income of individuals

1

2

3

4

5

6

7

8

9

10