Economy of Serbia. Statistics, Data and Indicators
Serbia
| 36BB | Credit rank #78 |
| 123.48 | Quality of life #45 |
| 91 | Corruption rank#79 |
| 44 | Ease of doing business#48 |
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
53
USD Billion
#88 from 174 countries
GDP per capita
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
| 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 | 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
26.514
USD Billion
#41 from 65 countries
Balance of Trade
-0.606
USD Billion
#113 from 173 countries
Gold Reserves
21.26
Tonnes
#60 from 114 countries
Foreign Exchange Reserves
14.733
USD Billion
#61 from
114 countries
Government Budget Value
N/A
N/A
#N/A from N/A countries
Inflation Rate
1.9
%
#122 from
174 countries
Interest Rate
1.75
%
#102 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
9.7
%
#42 from
171 countries
Wages
558.341
USD/Month
#60 from
82 countries
Retirement Age
65
62
men
women
Taxes
15%
10%
company profits
income of individuals
