Economy of Serbia. Statistics, Data and Indicators
Serbia
| 36BB | Credit rank #78 |
| 123.48 | Quality of life #45 |
| 101 | Corruption rank#79 |
| 44 | Ease of doing business#48 |
Serbia Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 63.08 USD Billion | 2021 |
| GDP Annual Growth Rate | 1 % | 3Q/22 |
| GDP Growth Rate | -0.7 % | 3Q/22 |
| GDP per capita | 7114 USD | 2021 |
| Inflation Rate YoY | 15.1 % | Dec/22 |
| Interest Rate | 5.25 % | Jan/23 |
| Unemployment Rate | 8.9 % | 3Q/22 |
| Wages | 78326 RSD/Month | 727.065 USD/Month | Nov/22 |
| Balance of Trade | 0 USD Million | 0 B USD | Dec/22 |
| Current Account | -145 USD Million | -0.145 B USD | Nov/22 |
| Foreign Exchange Reserves | 19416 EUR Million | 20.96 B USD | Dec/22 |
| Government Debt | 20406 RSD Million | 0.189 B USD | Sep/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 63.08 USD Billion | 2021 |
| GDP Annual Growth Rate | 1 % | 3Q/22 |
| GDP Growth Rate | -0.7 % | 3Q/22 |
| GDP per capita | 7114 USD | 2021 |
| GDP Constant Prices | 1373945 RSD Million | 12.754 B USD | 3Q/22 |
| GDP per capita PPP | 19831 USD | 2021 |
| GDP From Agriculture | 85333 RSD Million | 0.792 B USD | 3Q/22 |
| GDP From Construction | 71551 RSD Million | 0.664 B USD | 3Q/22 |
| GDP From Manufacturing | 263736 RSD Million | 2.448 B USD | 3Q/22 |
| GDP From Public Administration | 129774 RSD Million | 1.205 B USD | 3Q/22 |
| GDP From Services | 255220 RSD Million | 2.369 B USD | 3Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 56.5 % | 2021 |
| Government Spending | 274842 RSD Million | 2.551 USD Billion | 3Q/22 |
| Government Debt | 20406 RSD Million | 0.189 USD Billion | Sep/22 |
| Government Budget to GDP | -4.6 % | 2021 |
| Government Spending to GDP | 47.4 % | 2021 |
| Military Expenditure | 1271 USD Million | 1.271 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 250 index points | Dec/22 |
| Food Inflation | 23.4 % | Dec/22 |
| Gasoline Prices | 1.59 USD/Liter | Jan/23 |
| Inflation Rate YoY | 15.1 % | Dec/22 |
| Inflation Rate Mom | 0.5 % | Dec/22 |
| CPI Housing Utilities | 280 Index Points | Dec/22 |
| CPI Transportation | 208 Index Points | Dec/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -4.4 % | 2021 |
| Weapons Sales | 33 USD Million | 0.033 M USD | 2020 |
| Balance of Trade | 0 USD Million | 0 USD Billion | Dec/22 |
| Capital Flows | 73 USD Million | 0.073 USD Billion | Nov/22 |
| Current Account | -145 USD Million | -0.145 USD Billion | Nov/22 |
| Exports | 2437 USD Million | 2.437 USD Billion | Dec/22 |
| External Debt | 39976 EUR Million | 43.155 USD Billion | 3Q/22 |
| Foreign Exchange Reserves | 19416 EUR Million | 20.96 USD Billion | Dec/22 |
| Imports | 3541 USD Million | 3.541 USD Billion | Dec/22 |
| Tourist Arrivals | 133670 Persons | 0.134 Million Persons | Nov/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 38.46 Tonnes | 3Q/22 |
| Interbank Rate | 5.15 % | Feb/23 |
| Interest Rate | 5.25 % | Jan/23 |
| Loans to Private Sector | 1402725 RSD Million | 13.021 USD Billion | Dec/22 |
| Money Supply M0 | 310874 RSD Million | 2.886 USD Billion | Dec/22 |
| Money Supply M1 | 1435708 RSD Million | 13.327 USD Billion | Dec/22 |
| Money Supply M2 | 1876534 RSD Million | 17.419 USD Billion | Dec/22 |
| Money Supply M3 | 4037350 RSD Million | 37.477 USD Billion | Dec/22 |
| Deposit Interest Rate | 4.25 % | Feb/23 |
| Foreign Direct Investment | -483 EUR Million | -0.521 B USD | Nov/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 402 EUR/Month | 433.966 USD/Month | 3Q/22 |
| Retirement Age Men | 65 | 2022 |
| Retirement Age Women | 63.33 | 2022 |
| Unemployment Rate | 8.9 % | 3Q/22 |
| Wages | 78326 RSD/Month | 727.065 USD/Month | Nov/22 |
| Youth Unemployment Rate | 18.7 % | 2Q/22 |
| Employed Persons | 2942000 Person | 2.942 Million Person | 3Q/22 |
| Employment Rate | 50.8 % | 3Q/22 |
| Labor Force Participation Rate | 55.8 % | 3Q/22 |
| Unemployed Persons | 429 Thousand Persons | 0.429 Million Persons | Nov/22 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 15 % | 2022 |
| Personal Income Tax Rate | 10 % | 2021 |
| Sales Tax Rate | 20 % | 2022 |
| Social Security Rate | 36.05 % | 2022 |
| Social Security Rate For Companies | 16.15 % | 2022 |
| Social Security Rate For Employees | 19.9 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 14 BBL/D/1K | Sep/22 |
| Industrial Production | 1.8 % | Dec/22 |
| Steel Production | 119 Thousand Tonnes | Dec/20 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 36 index points | 2022 |
| Corruption Rank | 101 place | 2022 |
| Ease of Doing Business | 44 place | 2019 |
| Manufacturing Production | -3.4 % | Dec/22 |
| Competitiveness Index | 60.85 Index Points | 2019 |
| Competitiveness Rank | 72 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Retail Sales MoM | 8 % | Dec/22 |
| Retail Sales YoY | -0.2 % | Dec/22 |
| Consumer Credit | 1458056 RSD Million | 13.534 USD Billion | Dec/22 |
| Consumer Spending | 1256657 RSD Million | 11.665 USD Billion | 3Q/22 |
