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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 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
vvp
51.41
USD Billion
#88 from 174 countries
GDP per capita
vvp
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



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
dept_icon
32.741
USD Billion
#41 from 65 countries
Balance of Trade
balance_icon
-0.476
USD Billion
#113 from 173 countries


Gold Reserves
gold_reserve_icon
35.47
Tonnes
#60 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
17.178
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
1.8
%
#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
9.9
%
#42 from 171 countries
Wages
salary_icon
647.418
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