Economy of Serbia. Statistics, Data and Indicators
Serbia
| 36BB | Credit rank #78 |
| 123.48 | Quality of life #45 |
| 94 | 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 | 1.7 % | 1Q/21 |
| GDP Growth Rate | 2.2 % | 4Q/20 |
| GDP per capita | 7197 USD | 2020 |
| Inflation Rate YoY | 3.3 % | Jun/21 |
| Interest Rate | 1 % | Jul/21 |
| Unemployment Rate | 12.8 % | 1Q/21 |
| Wages | 64948 RSD/Month | 654.923 USD/Month | Apr/21 |
| Balance of Trade | -729 USD Million | -0.729 B USD | May/21 |
| Current Account | -212 USD Million | -0.212 B USD | Apr/21 |
| Foreign Exchange Reserves | 14092 EUR Million | 16.656 B USD | Jun/21 |
| Government Debt | 3191562 RSD Million | 32.183 B USD | Jan/21 |
GDP
52.96
USD Billion
#88 from 174 countries
GDP per capita
7197
USD
#80 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 52.96 USD Billion | 2020 |
| GDP Annual Growth Rate | 1.7 % | 1Q/21 |
| GDP Growth Rate | 2.2 % | 4Q/20 |
| GDP per capita | 7197 USD | 2020 |
| GDP Constant Prices | 1220112 RSD Million | 12.303 B USD | 1Q/21 |
| GDP per capita PPP | 18210 USD | 2020 |
| GDP From Agriculture | 62732 RSD Million | 0.633 B USD | 1Q/21 |
| GDP From Construction | 59461 RSD Million | 0.6 B USD | 1Q/21 |
| GDP From Manufacturing | 268460 RSD Million | 2.707 B USD | 1Q/21 |
| GDP From Public Administration | 131360 RSD Million | 1.325 B USD | 1Q/21 |
| GDP From Services | 207420 RSD Million | 2.092 B USD | 1Q/21 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 52 % | 2019 |
| Government Spending | 260784 RSD Million | 2.63 USD Billion | 1Q/21 |
| Government Debt | 3191562 RSD Million | 32.183 USD Billion | Jan/21 |
| Government Budget to GDP | 0.2 % | 2019 |
| Government Spending to GDP | 42.3 % | 2019 |
| Military Expenditure | 1086 USD Million | 1.086 B USD | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 208 index points | Jun/21 |
| Food Inflation | 1.2 % | Jun/21 |
| Gasoline Prices | 1.56 USD/Liter | Jun/21 |
| Inflation Rate YoY | 3.3 % | Jun/21 |
| Inflation Rate Mom | 0.3 % | Jun/21 |
| CPI Housing Utilities | 228 Index Points | Jun/21 |
| CPI Transportation | 180 Index Points | Jun/21 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -6.9 % | 2019 |
| Weapons Sales | 33 USD Million | 0.033 M USD | 2020 |
| Balance of Trade | -729 USD Million | -0.729 USD Billion | May/21 |
| Capital Flows | 23 USD Million | 0.023 USD Billion | Apr/21 |
| Current Account | -212 USD Million | -0.212 USD Billion | Apr/21 |
| Exports | 2014 USD Million | 2.014 USD Billion | May/21 |
| External Debt | 30813 EUR Million | 36.42 USD Billion | 4Q/20 |
| Foreign Exchange Reserves | 14092 EUR Million | 16.656 USD Billion | Jun/21 |
| Imports | 2743 USD Million | 2.743 USD Billion | May/21 |
| Tourist Arrivals | 31810 Persons | 0.032 Million Persons | Feb/21 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 36.04 Tonnes | 1Q/21 |
| Interbank Rate | 0.88 % | Jul/21 |
| Interest Rate | 1 % | Jul/21 |
| Loans to Private Sector | 1254456 RSD Million | 12.65 USD Billion | May/21 |
| Money Supply M0 | 263939 RSD Million | 2.662 USD Billion | May/21 |
| Money Supply M1 | 1240232 RSD Million | 12.506 USD Billion | May/21 |
| Money Supply M2 | 1578902 RSD Million | 15.921 USD Billion | May/21 |
| Money Supply M3 | 3450626 RSD Million | 34.795 USD Billion | May/21 |
| Deposit Interest Rate | 0.1 % | Jul/21 |
| Foreign Direct Investment | 232 EUR Million | 0.274 B USD | Jan/21 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 366 EUR/Month | 432.604 USD/Month | 1Q/21 |
| Retirement Age Men | 65 | 2021 |
| Retirement Age Women | 63.17 | 2021 |
| Unemployment Rate | 12.8 % | 1Q/21 |
| Wages | 64948 RSD/Month | 654.923 USD/Month | Apr/21 |
| Youth Unemployment Rate | 32.4 % | 4Q/20 |
| Employed Persons | 2722200 Person | 2.722 Million Person | 1Q/21 |
| Employment Rate | 49.7 % | 4Q/20 |
| Labor Force Participation Rate | 55.1 % | 4Q/20 |
| Unemployed Persons | 548 Thousand Persons | 0.548 Million Persons | May/21 |
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 | 14 BBL/D/1K | Mar/21 |
| Industrial Production | 9.4 % | May/21 |
| Steel Production | 119 Thousand Tonnes | Dec/20 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 38 index points | 2020 |
| Corruption Rank | 94 place | 2020 |
| Ease of Doing Business | 44 place | 2019 |
| Manufacturing Production | 11.1 % | May/21 |
| Competitiveness Index | 60.85 Index Points | 2019 |
| Competitiveness Rank | 72 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Retail Sales MoM | -1.3 % | Feb/21 |
| Retail Sales YoY | 12 % | May/21 |
| Consumer Credit | 1291894 RSD Million | 13.027 USD Billion | May/21 |
| Consumer Spending | 851942 RSD Million | 8.591 USD Billion | 1Q/21 |
Government Debt
32.183
USD Billion
#41 from 65 countries
Balance of Trade
-0.729
USD Billion
#113 from 173 countries
Gold Reserves
36.04
Tonnes
#60 from 114 countries
Foreign Exchange Reserves
16.656
USD Billion
#61 from
114 countries
Government Budget Value
N/A
N/A
#N/A from N/A countries
Inflation Rate
3.3
%
#122 from
174 countries
Interest Rate
1
%
#102 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
12.8
%
#42 from
171 countries
Wages
654.923
USD/Month
#60 from
82 countries
Retirement Age
65
63.17
men
women
Taxes
15%
10%
company profits
income of individuals
