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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 53 USD Billion 2019
GDP Annual Growth Rate 6.2 % 4Q/19
GDP Growth Rate 1.7 % 4Q/19
GDP per capita 6880 USD 2018
Inflation Rate YoY 1.9 % Feb/20
Interest Rate 1.75 % Mar/20
Unemployment Rate 9.7 % 4Q/19
Wages 59941 RSD/Month | 558.341 USD/Month Jan/20
Balance of Trade -606 USD Million | -0.606 B USD Feb/20
Current Account -112 USD Million | -0.112 B USD Jan/20
Foreign Exchange Reserves 13459 EUR Million | 14.733 B USD Feb/20
Government Debt 2846450 RSD Million | 26.514 B USD Jan/20


GDP
vvp
53
USD Billion
#88 from 174 countries
GDP per capita
vvp
6880
USD
#80 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 53 USD Billion 2019
GDP Annual Growth Rate 6.2 % 4Q/19
GDP Growth Rate 1.7 % 4Q/19
GDP per capita 6880 USD 2018
GDP Constant Prices 1040493 RSD Million | 9.692 B USD 4Q/19
GDP per capita PPP 16035 USD 2018
GDP From Agriculture  70993 RSD Million | 0.661 B USD 4Q/19
GDP From Construction  70603 RSD Million | 0.658 B USD 4Q/19
GDP From Manufacturing  213140 RSD Million | 1.985 B USD 4Q/19
GDP From Public Administration  117652 RSD Million | 1.096 B USD 4Q/19
GDP From Services  171653 RSD Million | 1.599 B USD 4Q/19


Budget Indicators

Indicator Data Period
Government Debt to GDP 54.5 % 2018
Government Spending 257802 RSD Million | 2.401 USD Billion 4Q/19
Government Debt 2846450 RSD Million | 26.514 USD Billion Jan/20
Government Budget to GDP 0.6 % 2018
Government Spending to GDP 41 % 2018
Military Expenditure 813 USD Million | 0.813 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 201 index points Feb/20
Food Inflation 1.5 % Feb/20
Gasoline Prices 1.37 USD/Liter Mar/20
Inflation Rate YoY 1.9 % Feb/20
Inflation Rate Mom 0.6 % Feb/20
CPI Housing Utilities 217 Index Points Feb/20
CPI Transportation 177 Index Points Feb/20


Trade Indicators

Indicator Data Period
Current Account to GDP -5.2 % 2018
Weapons Sales 2 USD Million | 0.002 M USD 2017
Balance of Trade -606 USD Million | -0.606 USD Billion Feb/20
Capital Flows -127 USD Million | -0.127 USD Billion Jan/20
Current Account -112 USD Million | -0.112 USD Billion Jan/20
Exports 1628 USD Million | 1.628 USD Billion Feb/20
External Debt 28576 EUR Million | 31.281 USD Billion 3Q/19
Foreign Exchange Reserves 13459 EUR Million | 14.733 USD Billion Feb/20
Imports 2234 USD Million | 2.234 USD Billion Feb/20
Tourist Arrivals 138915 Persons | 0.139 Million Persons Dec/19


Money Indicators

Indicator Data Period
Gold Reserves 21.26 Tonnes 4Q/19
Interbank Rate 1.34 % Mar/20
Interest Rate 1.75 % Mar/20
Loans to Private Sector 1171865 RSD Million | 10.916 USD Billion Feb/20
Money Supply M0 204122 RSD Million | 1.901 USD Billion Feb/20
Money Supply M1 868799 RSD Million | 8.093 USD Billion Feb/20
Money Supply M2 1155717 RSD Million | 10.765 USD Billion Feb/20
Money Supply M3 2804079 RSD Million | 26.12 USD Billion Feb/20
Deposit Interest Rate 0.75 % Mar/20
Foreign Direct Investment 245 EUR Million | 0.268 B USD Jan/20


Labor Indicators

Indicator Data Period
Minimum Wages 308 EUR/Month | 337.15 USD/Month 4Q/19
Retirement Age Men 65 2018
Retirement Age Women 62 2018
Unemployment Rate 9.7 % 4Q/19
Wages 59941 RSD/Month | 558.341 USD/Month Jan/20
Youth Unemployment Rate 26 % 3Q/19
Employed Persons 2938200 Person | 2.938 Million Person 4Q/19
Employment Rate  49.7 % 4Q/19
Labor Force Participation Rate 55 % 4Q/19
Unemployed Persons 517 Thousand Persons | 0.517 Million Persons Jan/20


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 16 BBL/D/1K Nov/19
Industrial Production 7.6 % Feb/20
Steel Production 136 Thousand Tonnes Feb/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 7.2 % Jan/20
Competitiveness Index 60.85 Index Points 2019
Competitiveness Rank 72 2019


Consumer Indicators

Indicator Data Period
Retail Sales MoM -20.1 % Jan/20
Retail Sales YoY 13.3 % Feb/20
Consumer Credit 1122703 RSD Million | 10.458 USD Billion Feb/20
Consumer Spending 956438 RSD Million | 8.909 USD Billion 4Q/19


Government Debt
dept_icon
26.514
USD Billion
#41 from 65 countries
Balance of Trade
balance_icon
-0.606
USD Billion
#113 from 173 countries


Gold Reserves
gold_reserve_icon
21.26
Tonnes
#60 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
14.733
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
1.75
%
#102 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
9.7
%
#42 from 171 countries
Wages
salary_icon
558.341
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