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 | 51.41 USD Billion | 2019 |
GDP Annual Growth Rate | -1.4 % | 3Q/20 |
GDP Growth Rate | 7.4 % | 3Q/20 |
GDP per capita | 7213 USD | 2019 |
Inflation Rate YoY | 1.3 % | Dec/20 |
Interest Rate | 1 % | Jan/21 |
Unemployment Rate | 9 % | 3Q/20 |
Wages | 60109 RSD/Month | 617.104 USD/Month | Oct/20 |
Balance of Trade | -707 USD Million | -0.707 B USD | Nov/20 |
Current Account | -266 USD Million | -0.266 B USD | Nov/20 |
Foreign Exchange Reserves | 13500 EUR Million | 16.432 B USD | Dec/20 |
Government Debt | 3134079 RSD Million | 32.176 B USD | Nov/20 |
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 | -1.4 % | 3Q/20 |
GDP Growth Rate | 7.4 % | 3Q/20 |
GDP per capita | 7213 USD | 2019 |
GDP Constant Prices | 1260291 RSD Million | 12.939 B USD | 3Q/20 |
GDP per capita PPP | 18180 USD | 2019 |
GDP From Agriculture | 100050 RSD Million | 1.027 B USD | 3Q/20 |
GDP From Construction | 65819 RSD Million | 0.676 B USD | 3Q/20 |
GDP From Manufacturing | 257880 RSD Million | 2.648 B USD | 3Q/20 |
GDP From Public Administration | 124178 RSD Million | 1.275 B USD | 3Q/20 |
GDP From Services | 212663 RSD Million | 2.183 B USD | 3Q/20 |
Budget Indicators
Indicator | Data | Period |
---|---|---|
Government Debt to GDP | 52 % | 2019 |
Government Spending | 244070 RSD Million | 2.506 USD Billion | 3Q/20 |
Government Debt | 3134079 RSD Million | 32.176 USD Billion | Nov/20 |
Government Budget to GDP | 0.2 % | 2019 |
Government Spending to GDP | 42.3 % | 2019 |
Military Expenditure | 813 USD Million | 0.813 B USD | 2018 |
Inflation Indicators
Indicator | Data | Period |
---|---|---|
Consumer Price Index (CPI) | 201 index points | Dec/20 |
Food Inflation | 1.9 % | Dec/20 |
Gasoline Prices | 1.46 USD/Liter | Dec/20 |
Inflation Rate YoY | 1.3 % | Dec/20 |
Inflation Rate Mom | 0.1 % | Dec/20 |
CPI Housing Utilities | 219 Index Points | Dec/20 |
CPI Transportation | 168 Index Points | Dec/20 |
Trade Indicators
Indicator | Data | Period |
---|---|---|
Current Account to GDP | -6.9 % | 2019 |
Weapons Sales | 27 USD Million | 0.027 M USD | 2018 |
Balance of Trade | -707 USD Million | -0.707 USD Billion | Nov/20 |
Capital Flows | -100 USD Million | -0.1 USD Billion | Nov/20 |
Current Account | -266 USD Million | -0.266 USD Billion | Nov/20 |
Exports | 1900 USD Million | 1.9 USD Billion | Nov/20 |
External Debt | 28418 EUR Million | 34.589 USD Billion | 4Q/19 |
Foreign Exchange Reserves | 13500 EUR Million | 16.432 USD Billion | Dec/20 |
Imports | 2606 USD Million | 2.606 USD Billion | Nov/20 |
Tourist Arrivals | 26851 Persons | 0.027 Million Persons | Nov/20 |
Money Indicators
Indicator | Data | Period |
---|---|---|
Gold Reserves | 31.93 Tonnes | 3Q/20 |
Interbank Rate | 0.89 % | Jan/21 |
Interest Rate | 1 % | Jan/21 |
Loans to Private Sector | 1257326 RSD Million | 12.908 USD Billion | Nov/20 |
Money Supply M0 | 246864 RSD Million | 2.534 USD Billion | Nov/20 |
Money Supply M1 | 1128683 RSD Million | 11.588 USD Billion | Nov/20 |
Money Supply M2 | 1444528 RSD Million | 14.83 USD Billion | Nov/20 |
Money Supply M3 | 3214714 RSD Million | 33.004 USD Billion | Nov/20 |
Deposit Interest Rate | 0.1 % | Jan/21 |
Foreign Direct Investment | 264 EUR Million | 0.321 B USD | Nov/20 |
Labor Indicators
Indicator | Data | Period |
---|---|---|
Minimum Wages | 308 EUR/Month | 374.883 USD/Month | 4Q/19 |
Retirement Age Men | 65 | 2018 |
Retirement Age Women | 62 | 2018 |
Unemployment Rate | 9 % | 3Q/20 |
Wages | 60109 RSD/Month | 617.104 USD/Month | Oct/20 |
Youth Unemployment Rate | 26.5 % | 3Q/20 |
Employed Persons | 2936600 Person | 2.937 Million Person | 3Q/20 |
Employment Rate | 49.9 % | 3Q/20 |
Labor Force Participation Rate | 54.8 % | 3Q/20 |
Unemployed Persons | 493 Thousand Persons | 0.493 Million Persons | Nov/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 | 15 BBL/D/1K | Sep/20 |
Industrial Production | -1.4 % | Nov/20 |
Steel Production | 121 Thousand Tonnes | Nov/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 | 4.1 % | Sep/20 |
Competitiveness Index | 60.85 Index Points | 2019 |
Competitiveness Rank | 72 | 2019 |
Consumer Indicators
Indicator | Data | Period |
---|---|---|
Retail Sales MoM | -2 % | Sep/20 |
Retail Sales YoY | 1.1 % | Nov/20 |
Consumer Credit | 1242594 RSD Million | 12.757 USD Billion | Nov/20 |
Consumer Spending | 945520 RSD Million | 9.707 USD Billion | 3Q/20 |
Government Debt

32.176
USD Billion
#41 from 65 countries
Balance of Trade

-0.707
USD Billion
#113 from 173 countries
Gold Reserves

31.93
Tonnes
#60 from 114 countries
Foreign Exchange Reserves

16.432
USD Billion
#61 from
114 countries
Government Budget Value

N/A
N/A
#N/A from N/A countries
Inflation Rate

1.3
%
#122 from
174 countries
Interest Rate

1
%
#102 from
159 countries
Bank Lending Rate

N/A%
#N/A from
N/A countries
Unemployment Rate

9
%
#42 from
171 countries
Wages

617.104
USD/Month
#60 from
82 countries
Retirement Age


65
62
men
women
Taxes


15%
10%
company profits
income of individuals