Africa's Development: Annual real GDP growth rate Growth rate … 02 in Serbia
Serbia: Africa's Development: Annual real GDP growth rate Growth rate … 02 was 4 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Serbia, 1998–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
Serbia recorded 4 Percent per annum for africa's development dynamics (afdd) table 02 - annual real gdp in 2029.
That represents a change of down 0.5% on the previous year and down 7.6% over ten years.
Over the whole period, africa's development dynamics (afdd) table 02 - annual real gdp in Serbia peaked at 9.03 Percent per annum in 2004 and was at its lowest, -9.42 Percent per annum, in 1999.
Serbia ranks 49th of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development: Annual real GDP growth rate Growth rate … 02 in Serbia, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1998 | 3.34 Percent per annum | — |
| 1999 | -9.42 Percent per annum | -382.1% |
| 2000 | 6.13 Percent per annum | -165.1% |
| 2001 | 6.88 Percent per annum | +12.2% |
| 2002 | 6.38 Percent per annum | -7.2% |
| 2003 | 4.39 Percent per annum | -31.2% |
| 2004 | 9.03 Percent per annum | +105.8% |
| 2005 | 5.53 Percent per annum | -38.7% |
| 2006 | 5.11 Percent per annum | -7.6% |
| 2007 | 6.44 Percent per annum | +26.1% |
| 2008 | 5.66 Percent per annum | -12.2% |
| 2009 | -2.73 Percent per annum | -148.3% |
| 2010 | 0.731 Percent per annum | -126.8% |
| 2011 | 2.04 Percent per annum | +178.5% |
| 2012 | -0.6815 Percent per annum | -133.5% |
| 2013 | 2.89 Percent per annum | -524.4% |
| 2014 | -1.59 Percent per annum | -155.0% |
| 2015 | 1.81 Percent per annum | -213.6% |
| 2016 | 3.34 Percent per annum | +84.9% |
| 2017 | 2.1 Percent per annum | -37.1% |
| 2018 | 4.5 Percent per annum | +113.9% |
| 2019 | 4.33 Percent per annum | -3.6% |
| 2020 | -0.9032 Percent per annum | -120.9% |
| 2021 | 7.73 Percent per annum | -955.4% |
| 2022 | 2.55 Percent per annum | -67.0% |
| 2023 | 2.53 Percent per annum | -0.9% |
| 2024 | 3.46 Percent per annum | +37.1% |
| 2025 | 4.45 Percent per annum | +28.5% |
| 2026 | 4.01 Percent per annum | -10.0% |
| 2027 | 4 Percent per annum | -0.2% |
| 2028 | 4.02 Percent per annum | +0.6% |
| 2029 | 4 Percent per annum | -0.5% |
Serbia compared with similar countries
- Serbia's 4 Percent per annum is above the median for upper middle income countries, which is 2.7 Percent per annum, 1.5× the median. (50 countries reporting)
- Serbia's 4 Percent per annum is above the median for Europe & Central Asia, which is 2.3 Percent per annum, 1.7× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Africa's Development: Annual real GDP growth rate Growth rate … 02 in Serbia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +955.4% | -0.9032 Percent per annum | 7.73 Percent per annum |
| 2013 | +524.4% | -0.6815 Percent per annum | 2.89 Percent per annum |
| 1999 | -382.1% | 3.34 Percent per annum | -9.42 Percent per annum |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -3.04 Percent per annum | -9.42 Percent per annum | 3.34 Percent per annum | 2 |
| 2000s | 5.28 Percent per annum | -2.73 Percent per annum | 9.03 Percent per annum | 10 |
| 2010s | 1.95 Percent per annum | -1.59 Percent per annum | 4.5 Percent per annum | 10 |
| 2020s | 3.59 Percent per annum | -0.9032 Percent per annum | 7.73 Percent per annum | 10 |
Countries ranked near Serbia
More economy & growth data for Serbia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.7 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 2.19 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5822 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.6 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0213 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 325.68 units per person (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 02 - annual real gdp in Serbia?
- Africa's development dynamics (afdd) table 02 - annual real gdp in Serbia was 4 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Serbia?
- The highest recorded value was 9.03 Percent per annum in 2004.
- What is the lowest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Serbia?
- The lowest recorded value was -9.42 Percent per annum in 1999.
- How does Serbia rank for africa's development dynamics (afdd) table 02 - annual real gdp?
- Serbia ranks 49th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 02 - annual real gdp rising or falling in Serbia?
- Over the last ten years it is down 7.6%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP growth rate — Growth rate of real gross domestic product. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 2 shows the full time series of annual real GDP growth, up to present, and including projected real GDP growth rates over the next five years.