This statistic shows the share of economic sectors in the gross domestic product (GDP) in Serbia from 2013 to 2023. In 2023, the share of agriculture in Serbia's gross domestic product was 3.79 percent, industry contributed approximately 23.97 percent and the services sector contributed about 57.58 percent.

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

The gross domestic product (GDP) in current prices in Serbia was forecast to continuously increase between 2024 and 2029 by in total 35 billion U.S. dollars (+42.4 percent). After the fourteenth consecutive increasing year, the GDP is estimated to reach 117.55 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.Find more key insights for the gross domestic product (GDP) in current prices in countries like Romania, Turkey, and Bulgaria.

The Gross Domestic Product per capita in Serbia was last recorded at 8210.55 US dollars in 2023. The GDP per Capita in Serbia is equivalent to 65 percent of the world's average. This dataset provides the latest reported value for - Serbia GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The growth of the real gross domestic product (GDP) in Serbia was forecast to increase between 2024 and 2029 by in total 0.1 percentage points. This overall increase does not happen continuously, notably not in 2026 and 2028. The growth is estimated to amount to four percent in 2029. This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.Find more key insights for the growth of the real gross domestic product (GDP) in countries like Bulgaria, Albania, and Montenegro.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.

Serbia RS: GDP: GNI per Capita data was reported at 591,539.017 RSD in 2017. This records an increase from the previous number of 568,483.635 RSD for 2016. Serbia RS: GDP: GNI per Capita data is updated yearly, averaging 312,550.607 RSD from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 591,539.017 RSD in 2017 and a record low of 18,812.884 RSD in 1997. Serbia RS: GDP: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Serbia – Table RS.World Bank: Gross Domestic Product: Nominal. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Serbia RS: GDP: PPP data was reported at 105,966.213 Intl $ mn in 2017. This records an increase from the previous number of 102,451.265 Intl $ mn for 2016. Serbia RS: GDP: PPP data is updated yearly, averaging 71,235.807 Intl $ mn from Dec 1995 (Median) to 2017, with 23 observations. The data reached an all-time high of 105,966.213 Intl $ mn in 2017 and a record low of 37,181.996 Intl $ mn in 1995. Serbia RS: GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Serbia – Table RS.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;

The Gross Domestic Product (GDP) in Serbia expanded 1.10 percent in the fourth quarter of 2024 over the previous quarter. This dataset provides - Serbia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.

Key information about Serbia Private Consumption: % of GDP

• Serbia Private Consumption accounted for 66.2 % of its Nominal GDP in Dec 2022, compared with a ratio of 69.3 % in the previous quarter.
• Serbia Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1995 to Dec 2022, with an average share of 73.5 %.
• The data reached an all-time high of 91.2 % in Jun 1999 and a record low of 63.8 % in Mar 2021.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. Private Consumption Expenditure is calculated as the sum of Household and NPISHs consumption. The Statistical Office of the Republic of Serbia provides Private Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about Serbia Private Consumption: % of GDP

• In the latest reports, Serbia GDP expanded 4.5 % YoY in Sep 2019.
• Its Nominal GDP reached 17.1 USD bn in Dec 2022.
• Serbia GDP Per Capita reached 9,221.0 USD in Dec 2021.
• Its Gross Savings Rate was measured at 17.8 % in Dec 2022.

Contains data from the World Bank's data portal covering the following topics which also exist as individual datasets on HDX: Agriculture and Rural Development, Aid Effectiveness, Economy and Growth, Education, Energy and Mining, Environment, Financial Sector, Health, Infrastructure, Social Protection and Labor, Poverty, Private Sector, Public Sector, Science and Technology, Social Development, Urban Development, Gender, Climate Change, External Debt, Trade.

Serbia RS: GDP: % of GDP: Exports of Goods and Services data was reported at 52.450 % in 2017. This records an increase from the previous number of 50.023 % for 2016. Serbia RS: GDP: % of GDP: Exports of Goods and Services data is updated yearly, averaging 27.141 % from Dec 1995 (Median) to 2017, with 23 observations. The data reached an all-time high of 52.450 % in 2017 and a record low of 8.107 % in 1995. Serbia RS: GDP: % of GDP: Exports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Serbia – Table RS.World Bank.WDI: Gross Domestic Product: Share of GDP. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Graph and download economic data for Real Gross Domestic Product (Euro/ECU Series) for Serbia (CLVMEURSCAB1GQRS) from Q1 1995 to Q4 2024 about Serbia, real, and GDP.

Serbia recorded a Government Debt to GDP of 52 percent of the country's Gross Domestic Product in 2023. This dataset provides - Serbia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Serbia RS: Gross Domestic Product (GDP) data was reported at 4,464,628.950 RSD mn in 2017. This records an increase from the previous number of 4,261,927.450 RSD mn for 2016. Serbia RS: Gross Domestic Product (GDP) data is updated yearly, averaging 2,055,198.100 RSD mn from Dec 1995 (Median) to 2017, with 23 observations. The data reached an all-time high of 4,464,628.950 RSD mn in 2017 and a record low of 59,295.000 RSD mn in 1995. Serbia RS: Gross Domestic Product (GDP) data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Serbia – Table RS.IMF.IFS: Gross Domestic Product: by Expenditure: Annual.

The Gross Domestic Product per capita in Serbia was last recorded at 25718.43 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Serbia, when adjusted by Purchasing Power Parity is equivalent to 145 percent of the world's average. This dataset provides the latest reported value for - Serbia GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The value of cash currency that circulated in the Serbian economy decreased in 2019, now making up almost four percent of the country's GDP. This so-called CIC/GDP ratio roughly measures the use of cash money in the country. Due to the anonymity of cash transactions, sources struggle to find exact volumes on this. The ratio mentioned here is quite popular in that regard, as the data it needs is relatively easy to find. Some industry experts mention, however, that this ratio is too general and does not necessarily reflect retail payments.

GDP from Manufacturing in Serbia increased to 358527.30 RSD Million in the fourth quarter of 2024 from 341709.90 RSD Million in the third quarter of 2024. This dataset provides - Serbia Gdp From Industry- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP from Services in Serbia increased to 316396 RSD Million in the fourth quarter of 2024 from 300202.60 RSD Million in the third quarter of 2024. This dataset provides - Serbia Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.