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 | 51.41 USD Billion | 2019 |
| GDP Annual Growth Rate | -1.1 % | 4Q/20 |
| GDP Growth Rate | 2.2 % | 4Q/20 |
| GDP per capita | 7213 USD | 2019 |
| Inflation Rate YoY | 1.8 % | Mar/21 |
| Interest Rate | 1 % | Apr/21 |
| Unemployment Rate | 9.9 % | 4Q/20 |
| Wages | 63109 RSD/Month | 647.418 USD/Month | Jan/21 |
| Balance of Trade | -476 USD Million | -0.476 B USD | Feb/21 |
| Current Account | -58.7 USD Million | -0.059 B USD | Feb/21 |
| Foreign Exchange Reserves | 14276 EUR Million | 17.178 B USD | Mar/21 |
| Government Debt | 3191562 RSD Million | 32.741 B USD | Jan/21 |
GDP
51.41
USD Billion
#88 from 174 countries
GDP per capita
7213
USD
#80 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 51.41 USD Billion | 2019 |
| GDP Annual Growth Rate | -1.1 % | 4Q/20 |
| GDP Growth Rate | 2.2 % | 4Q/20 |
| GDP per capita | 7213 USD | 2019 |
| GDP Constant Prices | 1311669 RSD Million | 13.456 B USD | 4Q/20 |
| GDP per capita PPP | 18180 USD | 2019 |
| GDP From Agriculture | 91922 RSD Million | 0.943 B USD | 4Q/20 |
| GDP From Construction | 82934 RSD Million | 0.851 B USD | 4Q/20 |
| GDP From Manufacturing | 266551 RSD Million | 2.734 B USD | 4Q/20 |
| GDP From Public Administration | 136698 RSD Million | 1.402 B USD | 4Q/20 |
| GDP From Services | 221770 RSD Million | 2.275 B USD | 4Q/20 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 52 % | 2019 |
| Government Spending | 278897 RSD Million | 2.861 USD Billion | 4Q/20 |
| Government Debt | 3191562 RSD Million | 32.741 USD Billion | Jan/21 |
| Government Budget to GDP | 0.2 % | 2019 |
| Government Spending to GDP | 42.3 % | 2019 |
| Military Expenditure | 1173 USD Million | 1.173 B USD | 2019 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 204 index points | Mar/21 |
| Food Inflation | 0.3 % | Mar/21 |
| Gasoline Prices | 1.48 USD/Liter | Mar/21 |
| Inflation Rate YoY | 1.8 % | Mar/21 |
| Inflation Rate Mom | 0.5 % | Mar/21 |
| CPI Housing Utilities | 227 Index Points | Mar/21 |
| CPI Transportation | 176 Index Points | Mar/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 | -476 USD Million | -0.476 USD Billion | Feb/21 |
| Capital Flows | 178 USD Million | 0.178 USD Billion | Jan/21 |
| Current Account | -58.7 USD Million | -0.059 USD Billion | Feb/21 |
| Exports | 1911 USD Million | 1.911 USD Billion | Feb/21 |
| External Debt | 30813 EUR Million | 37.078 USD Billion | 4Q/20 |
| Foreign Exchange Reserves | 14276 EUR Million | 17.178 USD Billion | Mar/21 |
| Imports | 2387 USD Million | 2.387 USD Billion | Feb/21 |
| Tourist Arrivals | 31810 Persons | 0.032 Million Persons | Feb/21 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 35.47 Tonnes | 4Q/20 |
| Interbank Rate | 0.88 % | Apr/21 |
| Interest Rate | 1 % | Apr/21 |
| Loans to Private Sector | 1256579 RSD Million | 12.891 USD Billion | Feb/21 |
| Money Supply M0 | 261478 RSD Million | 2.682 USD Billion | Feb/21 |
| Money Supply M1 | 1180395 RSD Million | 12.109 USD Billion | Feb/21 |
| Money Supply M2 | 1503161 RSD Million | 15.421 USD Billion | Feb/21 |
| Money Supply M3 | 3328508 RSD Million | 34.146 USD Billion | Feb/21 |
| Deposit Interest Rate | 0.1 % | Apr/21 |
| Foreign Direct Investment | 232 EUR Million | 0.279 B USD | Jan/21 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 366 EUR/Month | 440.412 USD/Month | 1Q/21 |
| Retirement Age Men | 65 | 2021 |
| Retirement Age Women | 63.17 | 2021 |
| Unemployment Rate | 9.9 % | 4Q/20 |
| Wages | 63109 RSD/Month | 647.418 USD/Month | Jan/21 |
| Youth Unemployment Rate | 32.4 % | 4Q/20 |
| Employed Persons | 2920900 Person | 2.921 Million Person | 4Q/20 |
| Employment Rate | 49.7 % | 4Q/20 |
| Labor Force Participation Rate | 55.1 % | 4Q/20 |
| Unemployed Persons | 514 Thousand Persons | 0.514 Million Persons | Feb/21 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 15 % | 2019 |
| Personal Income Tax Rate | 10 % | 2019 |
| Sales Tax Rate | 20 % | 2020 |
| Social Security Rate | 37.05 % | 2019 |
| Social Security Rate For Companies | 17.15 % | 2019 |
| Social Security Rate For Employees | 19.9 % | 2019 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 15 BBL/D/1K | Dec/20 |
| Industrial Production | 2.6 % | Feb/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 | 1.4 % | Feb/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 | 2.8 % | Feb/21 |
| Consumer Credit | 1250831 RSD Million | 12.832 USD Billion | Feb/21 |
| Consumer Spending | 948574 RSD Million | 9.731 USD Billion | 4Q/20 |
Government Debt
32.741
USD Billion
#41 from 65 countries
Balance of Trade
-0.476
USD Billion
#113 from 173 countries
Gold Reserves
35.47
Tonnes
#60 from 114 countries
Foreign Exchange Reserves
17.178
USD Billion
#61 from
114 countries
Government Budget Value
N/A
N/A
#N/A from N/A countries
Inflation Rate
1.8
%
#122 from
174 countries
Interest Rate
1
%
#102 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
9.9
%
#42 from
171 countries
Wages
647.418
USD/Month
#60 from
82 countries
Retirement Age
65
63.17
men
women
Taxes
15%
10%
company profits
income of individuals
