Economy of Serbia. Statistics, Data and Indicators
Serbia
| 36BB | Credit rank #78 |
| 123.48 | Quality of life #45 |
| 96 | Corruption rank#79 |
| 44 | Ease of doing business#48 |
Serbia Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 52.96 USD Billion | 2020 |
| GDP Annual Growth Rate | 4.4 % | 1Q/22 |
| GDP Growth Rate | -0.5 % | 1Q/22 |
| GDP per capita | 6533 USD | 2020 |
| Inflation Rate YoY | 10.4 % | May/22 |
| Interest Rate | 2.5 % | Jun/22 |
| Unemployment Rate | 10.6 % | 1Q/22 |
| Wages | 73012 RSD/Month | 647.87 USD/Month | Apr/22 |
| Balance of Trade | -1201 USD Million | -1.201 B USD | May/22 |
| Current Account | -506 USD Million | -0.506 B USD | Apr/22 |
| Foreign Exchange Reserves | 13904 EUR Million | 14.499 B USD | May/22 |
| Government Debt | 3191562 RSD Million | 28.32 B USD | Jan/21 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 52.96 USD Billion | 2020 |
| GDP Annual Growth Rate | 4.4 % | 1Q/22 |
| GDP Growth Rate | -0.5 % | 1Q/22 |
| GDP per capita | 6533 USD | 2020 |
| GDP Constant Prices | 1273004 RSD Million | 11.296 B USD | 1Q/22 |
| GDP per capita PPP | 18210 USD | 2020 |
| GDP From Agriculture | 58110 RSD Million | 0.516 B USD | 1Q/22 |
| GDP From Construction | 55494 RSD Million | 0.492 B USD | 1Q/22 |
| GDP From Manufacturing | 274437 RSD Million | 2.435 B USD | 1Q/22 |
| GDP From Public Administration | 135020 RSD Million | 1.198 B USD | 1Q/22 |
| GDP From Services | 230928 RSD Million | 2.049 B USD | 1Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 56.5 % | 2021 |
| Government Spending | 269218 RSD Million | 2.389 USD Billion | 1Q/22 |
| Government Debt | 3191562 RSD Million | 28.32 USD Billion | Jan/21 |
| Government Budget to GDP | -8.4 % | 2020 |
| Government Spending to GDP | 49.4 % | 2020 |
| Military Expenditure | 1086 USD Million | 1.086 B USD | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 229 index points | May/22 |
| Food Inflation | 16 % | May/22 |
| Gasoline Prices | 1.71 USD/Liter | May/22 |
| Inflation Rate YoY | 10.4 % | May/22 |
| Inflation Rate Mom | 1.2 % | May/22 |
| CPI Housing Utilities | 243 Index Points | May/22 |
| CPI Transportation | 207 Index Points | May/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -4.3 % | 2020 |
| Weapons Sales | 33 USD Million | 0.033 M USD | 2020 |
| Balance of Trade | -1201 USD Million | -1.201 USD Billion | May/22 |
| Capital Flows | -287 USD Million | -0.287 USD Billion | Apr/22 |
| Current Account | -506 USD Million | -0.506 USD Billion | Apr/22 |
| Exports | 2483 USD Million | 2.483 USD Billion | May/22 |
| External Debt | 36536 EUR Million | 38.099 USD Billion | 4Q/21 |
| Foreign Exchange Reserves | 13904 EUR Million | 14.499 USD Billion | May/22 |
| Imports | 3684 USD Million | 3.684 USD Billion | May/22 |
| Tourist Arrivals | 72444 Persons | 0.072 Million Persons | Feb/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 37.78 Tonnes | 1Q/22 |
| Interbank Rate | 2.32 % | Jul/22 |
| Interest Rate | 2.5 % | Jun/22 |
| Loans to Private Sector | 1366758 RSD Million | 12.128 USD Billion | May/22 |
| Money Supply M0 | 265721 RSD Million | 2.358 USD Billion | May/22 |
| Money Supply M1 | 1273395 RSD Million | 11.299 USD Billion | May/22 |
| Money Supply M2 | 1595724 RSD Million | 14.16 USD Billion | May/22 |
| Money Supply M3 | 3687150 RSD Million | 32.718 USD Billion | May/22 |
| Deposit Interest Rate | 1 % | Jun/22 |
| Foreign Direct Investment | 247 EUR Million | 0.258 B USD | Feb/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 401 EUR/Month | 418.153 USD/Month | 1Q/22 |
| Retirement Age Men | 65 | 2021 |
| Retirement Age Women | 63.17 | 2021 |
| Unemployment Rate | 10.6 % | 1Q/22 |
| Wages | 73012 RSD/Month | 647.87 USD/Month | Apr/22 |
| Youth Unemployment Rate | 28.7 % | 4Q/21 |
| Employed Persons | 2869700 Person | 2.87 Million Person | 1Q/22 |
| Employment Rate | 50 % | 4Q/21 |
| Labor Force Participation Rate | 55.4 % | 4Q/21 |
| Unemployed Persons | 462 Thousand Persons | 0.462 Million Persons | Apr/22 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 15 % | 2021 |
| Personal Income Tax Rate | 10 % | 2021 |
| Sales Tax Rate | 20 % | 2021 |
| Social Security Rate | 36.55 % | 2021 |
| Social Security Rate For Companies | 16.65 % | 2021 |
| Social Security Rate For Employees | 19.9 % | 2021 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 15 BBL/D/1K | Feb/22 |
| Industrial Production | 8.7 % | May/22 |
| Steel Production | 119 Thousand Tonnes | Dec/20 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 38 index points | 2021 |
| Corruption Rank | 96 place | 2021 |
| Ease of Doing Business | 44 place | 2019 |
| Manufacturing Production | 2.1 % | Feb/22 |
| Competitiveness Index | 60.85 Index Points | 2019 |
| Competitiveness Rank | 72 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Retail Sales MoM | 1.6 % | Feb/22 |
| Retail Sales YoY | 5.1 % | May/22 |
| Consumer Credit | 1423480 RSD Million | 12.631 USD Billion | May/22 |
| Consumer Spending | 990734 RSD Million | 8.791 USD Billion | 1Q/22 |
