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Economy of Serbia. Statistics, Data and Indicators

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Serbia
36BB Credit rank #78
123.48 Quality of life #45
96 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 4.4 % 1Q/22
GDP Growth Rate -0.5 % 1Q/22
GDP per capita 6533 USD 2020
Inflation Rate YoY 10.4 % May/22
Interest Rate 2.5 % Jun/22
Unemployment Rate 10.6 % 1Q/22
Wages 73012 RSD/Month | 647.87 USD/Month Apr/22
Balance of Trade -1201 USD Million | -1.201 B USD May/22
Current Account -506 USD Million | -0.506 B USD Apr/22
Foreign Exchange Reserves 13904 EUR Million | 14.499 B USD May/22
Government Debt 3191562 RSD Million | 28.32 B USD Jan/21


GDP Indicators

Indicator Data Period
GDP Value 52.96 USD Billion 2020
GDP Annual Growth Rate 4.4 % 1Q/22
GDP Growth Rate -0.5 % 1Q/22
GDP per capita 6533 USD 2020
GDP Constant Prices 1273004 RSD Million | 11.296 B USD 1Q/22
GDP per capita PPP 18210 USD 2020
GDP From Agriculture  58110 RSD Million | 0.516 B USD 1Q/22
GDP From Construction  55494 RSD Million | 0.492 B USD 1Q/22
GDP From Manufacturing  274437 RSD Million | 2.435 B USD 1Q/22
GDP From Public Administration  135020 RSD Million | 1.198 B USD 1Q/22
GDP From Services  230928 RSD Million | 2.049 B USD 1Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 56.5 % 2021
Government Spending 269218 RSD Million | 2.389 USD Billion 1Q/22
Government Debt 3191562 RSD Million | 28.32 USD Billion Jan/21
Government Budget to GDP -8.4 % 2020
Government Spending to GDP 49.4 % 2020
Military Expenditure 1086 USD Million | 1.086 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 229 index points May/22
Food Inflation 16 % May/22
Gasoline Prices 1.71 USD/Liter May/22
Inflation Rate YoY 10.4 % May/22
Inflation Rate Mom 1.2 % May/22
CPI Housing Utilities 243 Index Points May/22
CPI Transportation 207 Index Points May/22


Trade Indicators

Indicator Data Period
Current Account to GDP -4.3 % 2020
Weapons Sales 33 USD Million | 0.033 M USD 2020
Balance of Trade -1201 USD Million | -1.201 USD Billion May/22
Capital Flows -287 USD Million | -0.287 USD Billion Apr/22
Current Account -506 USD Million | -0.506 USD Billion Apr/22
Exports 2483 USD Million | 2.483 USD Billion May/22
External Debt 36536 EUR Million | 38.099 USD Billion 4Q/21
Foreign Exchange Reserves 13904 EUR Million | 14.499 USD Billion May/22
Imports 3684 USD Million | 3.684 USD Billion May/22
Tourist Arrivals 72444 Persons | 0.072 Million Persons Feb/22


Money Indicators

Indicator Data Period
Gold Reserves 37.78 Tonnes 1Q/22
Interbank Rate 2.32 % Jul/22
Interest Rate 2.5 % Jun/22
Loans to Private Sector 1366758 RSD Million | 12.128 USD Billion May/22
Money Supply M0 265721 RSD Million | 2.358 USD Billion May/22
Money Supply M1 1273395 RSD Million | 11.299 USD Billion May/22
Money Supply M2 1595724 RSD Million | 14.16 USD Billion May/22
Money Supply M3 3687150 RSD Million | 32.718 USD Billion May/22
Deposit Interest Rate 1 % Jun/22
Foreign Direct Investment 247 EUR Million | 0.258 B USD Feb/22


Labor Indicators

Indicator Data Period
Minimum Wages 401 EUR/Month | 418.153 USD/Month 1Q/22
Retirement Age Men 65 2021
Retirement Age Women 63.17 2021
Unemployment Rate 10.6 % 1Q/22
Wages 73012 RSD/Month | 647.87 USD/Month Apr/22
Youth Unemployment Rate 28.7 % 4Q/21
Employed Persons 2869700 Person | 2.87 Million Person 1Q/22
Employment Rate  50 % 4Q/21
Labor Force Participation Rate 55.4 % 4Q/21
Unemployed Persons 462 Thousand Persons | 0.462 Million Persons Apr/22


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 15 BBL/D/1K Feb/22
Industrial Production 8.7 % May/22
Steel Production 119 Thousand Tonnes Dec/20


Business Indicators

Indicator Data Period
Corruption Index 38 index points 2021
Corruption Rank 96 place 2021
Ease of Doing Business 44 place 2019
Manufacturing Production 2.1 % Feb/22
Competitiveness Index 60.85 Index Points 2019
Competitiveness Rank 72 2019


Consumer Indicators

Indicator Data Period
Retail Sales MoM 1.6 % Feb/22
Retail Sales YoY 5.1 % May/22
Consumer Credit 1423480 RSD Million | 12.631 USD Billion May/22
Consumer Spending 990734 RSD Million | 8.791 USD Billion 1Q/22