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Economy of Serbia. Statistics, Data and Indicators

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


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
vvp
52.96
USD Billion
#88 from 174 countries
GDP per capita
vvp
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



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
dept_icon
32.183
USD Billion
#41 from 65 countries
Balance of Trade
balance_icon
-0.729
USD Billion
#113 from 173 countries


Gold Reserves
gold_reserve_icon
36.04
Tonnes
#60 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
16.656
USD Billion
#61 from 114 countries


Government Budget Value
balance_icon
N/A
N/A
#N/A from N/A countries
Inflation Rate
inflation_icon
3.3
%
#122 from 174 countries


Interest Rate
discount_rate_icon
1
%
#102 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
12.8
%
#42 from 171 countries
Wages
salary_icon
654.923
USD/Month
#60 from 82 countries


Retirement Age
man_icon
woman_icon
65
63.17
men
women
Taxes
company_icon
private_icon
15%
10%
company profits
income of individuals