Annual growth of general government final consumption expenditure in Serbia
Serbia: Annual growth of general government final consumption expenditure was -2.41 in 2023. ◆ Volatile
Latest (2023)
-2.41
Change on year
down 284.0%
World rank
141st
of 167 countries
All-time high
7.4
in 2000
All-time low
-4.42
in 2005
Years of data
24
2000–2023
Annual growth of general government final consumption expenditure in Serbia, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for annual growth of general government final consumption expenditure in Serbia is -2.41, measured in 2023.
The figure is down 284.0% on the previous year and up 11.1% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Serbia peaked at 7.4 in 2000 and was at its lowest, -4.42, in 2005.
That places Serbia 141st out of 167 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of general government final consumption expenditure in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 7.4 | — |
| 2001 | 7.17 | -3.1% |
| 2002 | 4.61 | -35.7% |
| 2003 | 2.08 | -54.9% |
| 2004 | 2.12 | +1.9% |
| 2005 | -4.42 | -308.5% |
| 2006 | 3.08 | -169.7% |
| 2007 | 6.95 | +125.6% |
| 2008 | 3.82 | -45.0% |
| 2009 | -0.68 | -117.8% |
| 2010 | 0.79 | -216.2% |
| 2011 | 0.32 | -59.5% |
| 2012 | 2.02 | +531.2% |
| 2013 | -2.71 | -234.2% |
| 2014 | -0.91 | -66.4% |
| 2015 | -4.14 | +354.9% |
| 2016 | -1.71 | -58.7% |
| 2017 | 2.29 | -233.9% |
| 2018 | 3.81 | +66.4% |
| 2019 | 3.75 | -1.6% |
| 2020 | 3.2 | -14.7% |
| 2021 | 4.16 | +30.0% |
| 2022 | 1.31 | -68.5% |
| 2023 | -2.41 | -284.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.21 | -4.42 | 7.4 | 10 |
| 2010s | 0.351 | -4.14 | 3.81 | 10 |
| 2020s | 1.56 | -2.41 | 4.16 | 4 |
Countries ranked near Serbia
- 138 Iran, Islamic Republic of -1.69 compare
- 139 North Macedonia -1.75 compare
- 140 Bhutan -2.32 compare
- 142 Brunei Darussalam -2.42 compare
- 143 Tunisia -2.44 compare
- 144 Guinea-Bissau -2.6 compare
More economy & growth data for Serbia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.7 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate 8.02 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.4474 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 6,829 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -4.62 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -0.5247 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 10.4 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 3.42 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 52,129 current LCU per person (2025)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Serbia?
- Annual growth of general government final consumption expenditure in Serbia was -2.41 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Serbia?
- The highest recorded value was 7.4 in 2000.
- What is the lowest annual growth of general government final consumption expenditure recorded in Serbia?
- The lowest recorded value was -4.42 in 2005.
- How does Serbia rank for annual growth of general government final consumption expenditure?
- Serbia ranks 141st out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Serbia?
- Over the last ten years it is up 11.1%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
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