Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Economy of Serbia. Statistics, Data and Indicators

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


Serbia Major Economic Indicators

Indicator Data Period
GDP Value 63.08 USD Billion 2021
GDP Annual Growth Rate 1 % 3Q/22
GDP Growth Rate -0.7 % 3Q/22
GDP per capita 7114 USD 2021
Inflation Rate YoY 15.1 % Dec/22
Interest Rate 5.25 % Jan/23
Unemployment Rate 8.9 % 3Q/22
Wages 78326 RSD/Month | 727.065 USD/Month Nov/22
Balance of Trade 0 USD Million | 0 B USD Dec/22
Current Account -145 USD Million | -0.145 B USD Nov/22
Foreign Exchange Reserves 19416 EUR Million | 20.96 B USD Dec/22
Government Debt 20406 RSD Million | 0.189 B USD Sep/22


GDP Indicators

Indicator Data Period
GDP Value 63.08 USD Billion 2021
GDP Annual Growth Rate 1 % 3Q/22
GDP Growth Rate -0.7 % 3Q/22
GDP per capita 7114 USD 2021
GDP Constant Prices 1373945 RSD Million | 12.754 B USD 3Q/22
GDP per capita PPP 19831 USD 2021
GDP From Agriculture  85333 RSD Million | 0.792 B USD 3Q/22
GDP From Construction  71551 RSD Million | 0.664 B USD 3Q/22
GDP From Manufacturing  263736 RSD Million | 2.448 B USD 3Q/22
GDP From Public Administration  129774 RSD Million | 1.205 B USD 3Q/22
GDP From Services  255220 RSD Million | 2.369 B USD 3Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 56.5 % 2021
Government Spending 274842 RSD Million | 2.551 USD Billion 3Q/22
Government Debt 20406 RSD Million | 0.189 USD Billion Sep/22
Government Budget to GDP -4.6 % 2021
Government Spending to GDP 47.4 % 2021
Military Expenditure 1271 USD Million | 1.271 B USD 2021


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 250 index points Dec/22
Food Inflation 23.4 % Dec/22
Gasoline Prices 1.59 USD/Liter Jan/23
Inflation Rate YoY 15.1 % Dec/22
Inflation Rate Mom 0.5 % Dec/22
CPI Housing Utilities 280 Index Points Dec/22
CPI Transportation 208 Index Points Dec/22


Trade Indicators

Indicator Data Period
Current Account to GDP -4.4 % 2021
Weapons Sales 33 USD Million | 0.033 M USD 2020
Balance of Trade 0 USD Million | 0 USD Billion Dec/22
Capital Flows 73 USD Million | 0.073 USD Billion Nov/22
Current Account -145 USD Million | -0.145 USD Billion Nov/22
Exports 2437 USD Million | 2.437 USD Billion Dec/22
External Debt 39976 EUR Million | 43.155 USD Billion 3Q/22
Foreign Exchange Reserves 19416 EUR Million | 20.96 USD Billion Dec/22
Imports 3541 USD Million | 3.541 USD Billion Dec/22
Tourist Arrivals 133670 Persons | 0.134 Million Persons Nov/22


Money Indicators

Indicator Data Period
Gold Reserves 38.46 Tonnes 3Q/22
Interbank Rate 5.15 % Feb/23
Interest Rate 5.25 % Jan/23
Loans to Private Sector 1402725 RSD Million | 13.021 USD Billion Dec/22
Money Supply M0 310874 RSD Million | 2.886 USD Billion Dec/22
Money Supply M1 1435708 RSD Million | 13.327 USD Billion Dec/22
Money Supply M2 1876534 RSD Million | 17.419 USD Billion Dec/22
Money Supply M3 4037350 RSD Million | 37.477 USD Billion Dec/22
Deposit Interest Rate 4.25 % Feb/23
Foreign Direct Investment -483 EUR Million | -0.521 B USD Nov/22


Labor Indicators

Indicator Data Period
Minimum Wages 402 EUR/Month | 433.966 USD/Month 3Q/22
Retirement Age Men 65 2022
Retirement Age Women 63.33 2022
Unemployment Rate 8.9 % 3Q/22
Wages 78326 RSD/Month | 727.065 USD/Month Nov/22
Youth Unemployment Rate 18.7 % 2Q/22
Employed Persons 2942000 Person | 2.942 Million Person 3Q/22
Employment Rate  50.8 % 3Q/22
Labor Force Participation Rate 55.8 % 3Q/22
Unemployed Persons 429 Thousand Persons | 0.429 Million Persons Nov/22


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 14 BBL/D/1K Sep/22
Industrial Production 1.8 % Dec/22
Steel Production 119 Thousand Tonnes Dec/20


Business Indicators

Indicator Data Period
Corruption Index 36 index points 2022
Corruption Rank 101 place 2022
Ease of Doing Business 44 place 2019
Manufacturing Production -3.4 % Dec/22
Competitiveness Index 60.85 Index Points 2019
Competitiveness Rank 72 2019


Consumer Indicators

Indicator Data Period
Retail Sales MoM 8 % Dec/22
Retail Sales YoY -0.2 % Dec/22
Consumer Credit 1458056 RSD Million | 13.534 USD Billion Dec/22
Consumer Spending 1256657 RSD Million | 11.665 USD Billion 3Q/22