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Economy of Serbia. Statistics, Data and Indicators

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


Serbia Major Economic Indicators

Indicator Data Period
GDP Value 51.41 USD Billion 2019
GDP Annual Growth Rate -6.4 % 2Q/20
GDP Growth Rate -9.2 % 2Q/20
GDP per capita 7213 USD 2019
Inflation Rate YoY 1.9 % Aug/20
Interest Rate 1.25 % Sep/20
Unemployment Rate 7.3 % 2Q/20
Wages 59740 RSD/Month | 592.453 USD/Month Jun/20
Balance of Trade -572 USD Million | -0.572 B USD Jul/20
Current Account -134 USD Million | -0.134 B USD Jul/20
Foreign Exchange Reserves 13400 EUR Million | 15.634 B USD Aug/20
Government Debt 3125489 RSD Million | 30.996 B USD Jul/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 -6.4 % 2Q/20
GDP Growth Rate -9.2 % 2Q/20
GDP per capita 7213 USD 2019
GDP Constant Prices 893373 RSD Million | 8.86 B USD 2Q/20
GDP per capita PPP 18180 USD 2019
GDP From Agriculture  55545 RSD Million | 0.551 B USD 2Q/20
GDP From Construction  46457 RSD Million | 0.461 B USD 2Q/20
GDP From Manufacturing  185565 RSD Million | 1.84 B USD 2Q/20
GDP From Public Administration  119198 RSD Million | 1.182 B USD 2Q/20
GDP From Services  130850 RSD Million | 1.298 B USD 2Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 52 % 2019
Government Spending 265998 RSD Million | 2.638 USD Billion 2Q/20
Government Debt 3125489 RSD Million | 30.996 USD Billion Jul/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) 202 index points Aug/20
Food Inflation 3.5 % Aug/20
Gasoline Prices 1.39 USD/Liter Aug/20
Inflation Rate YoY 1.9 % Aug/20
Inflation Rate Mom -0.1 % Aug/20
CPI Housing Utilities 218 Index Points Aug/20
CPI Transportation 169 Index Points Aug/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 -572 USD Million | -0.572 USD Billion Jul/20
Capital Flows -220 USD Million | -0.22 USD Billion Jul/20
Current Account -134 USD Million | -0.134 USD Billion Jul/20
Exports 1678 USD Million | 1.678 USD Billion Jul/20
External Debt 28418 EUR Million | 33.156 USD Billion 4Q/19
Foreign Exchange Reserves 13400 EUR Million | 15.634 USD Billion Aug/20
Imports 2251 USD Million | 2.251 USD Billion Jul/20
Tourist Arrivals 3639 Persons | 0.004 Million Persons May/20


Money Indicators

Indicator Data Period
Gold Reserves 31.3 Tonnes 2Q/20
Interbank Rate 1.02 % Sep/20
Interest Rate 1.25 % Sep/20
Loans to Private Sector 1241524 RSD Million | 12.312 USD Billion Jul/20
Money Supply M0 250169 RSD Million | 2.481 USD Billion Jul/20
Money Supply M1 1107814 RSD Million | 10.986 USD Billion Jul/20
Money Supply M2 1398682 RSD Million | 13.871 USD Billion Jul/20
Money Supply M3 3106027 RSD Million | 30.803 USD Billion Jul/20
Deposit Interest Rate 1.25 % Sep/20
Foreign Direct Investment 133 EUR Million | 0.155 B USD Jul/20


Labor Indicators

Indicator Data Period
Minimum Wages 308 EUR/Month | 359.347 USD/Month 4Q/19
Retirement Age Men 65 2018
Retirement Age Women 62 2018
Unemployment Rate 7.3 % 2Q/20
Wages 59740 RSD/Month | 592.453 USD/Month Jun/20
Youth Unemployment Rate 25.5 % 1Q/20
Employed Persons 2844200 Person | 2.844 Million Person 2Q/20
Employment Rate  48.2 % 2Q/20
Labor Force Participation Rate 52 % 2Q/20
Unemployed Persons 518 Thousand Persons | 0.518 Million Persons Jul/20


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 15 BBL/D/1K May/20
Industrial Production 0.4 % Jul/20
Steel Production 114 Thousand Tonnes Jul/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 -0.8 % Jul/20
Competitiveness Index 60.85 Index Points 2019
Competitiveness Rank 72 2019


Consumer Indicators

Indicator Data Period
Retail Sales MoM -2.9 % Jul/20
Retail Sales YoY 4.7 % Jul/20
Consumer Credit 1195576 RSD Million | 11.857 USD Billion Jul/20
Consumer Spending 852956 RSD Million | 8.459 USD Billion 2Q/20


Government Debt
dept_icon
30.996
USD Billion
#41 from 65 countries
Balance of Trade
balance_icon
-0.572
USD Billion
#113 from 173 countries


Gold Reserves
gold_reserve_icon
31.3
Tonnes
#60 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
15.634
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
1.9
%
#122 from 174 countries


Interest Rate
discount_rate_icon
1.25
%
#102 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
7.3
%
#42 from 171 countries
Wages
salary_icon
592.453
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