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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 -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



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