Annual growth of the general government final consumption expenditure in Serbia
Serbia: Annual growth of the general government final consumption expenditure was 4.0% in 2024. ◆ Volatile
Latest (2024)
4.0%
Change on year
up 264.7%
World rank
60th
of 181 countries
All-time high
7.4%
in 2000
All-time low
-4.4%
in 2005
Years of data
25
2000–2024
Annual growth of the general government final consumption expenditure in Serbia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of the general government final consumption expenditure in Serbia stood at 4.0%.
That represents a change of up 264.7% on the previous year and up 534.4% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Serbia peaked at 7.4% in 2000 and was at its lowest, -4.4%, in 2005.
Serbia ranks 60th of 181 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.
Annual growth of the general government final consumption expenditure in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 7.4% | — |
| 2001 | 7.2% | -3.1% |
| 2002 | 4.6% | -35.7% |
| 2003 | 2.1% | -54.8% |
| 2004 | 2.1% | +1.9% |
| 2005 | -4.4% | -308.1% |
| 2006 | 3.1% | -169.6% |
| 2007 | 6.9% | +125.9% |
| 2008 | 3.8% | -45.1% |
| 2009 | -0.7% | -117.8% |
| 2010 | 0.8% | -217.0% |
| 2011 | 0.3% | -59.5% |
| 2012 | 2.0% | +530.4% |
| 2013 | -2.7% | -234.2% |
| 2014 | -0.9% | -66.4% |
| 2015 | -4.1% | +353.1% |
| 2016 | -1.7% | -58.7% |
| 2017 | 2.3% | -233.7% |
| 2018 | 3.8% | +66.8% |
| 2019 | 3.7% | -1.8% |
| 2020 | 3.2% | -14.6% |
| 2021 | 4.2% | +30.1% |
| 2022 | 1.3% | -68.6% |
| 2023 | -2.4% | -284.2% |
| 2024 | 4.0% | -264.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.2% | -4.4% | 7.4% | 10 |
| 2010s | 0.4% | -4.1% | 3.8% | 10 |
| 2020s | 2.0% | -2.4% | 4.2% | 5 |
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)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.33 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0133 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 203.25 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.94 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -29.57 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0394 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 600.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.03 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Serbia?
- Annual growth of the general government final consumption expenditure in Serbia was 4.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Serbia?
- The highest recorded value was 7.4% in 2000.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Serbia?
- The lowest recorded value was -4.4% in 2005.
- How does Serbia rank for annual growth of the general government final consumption expenditure?
- Serbia ranks 60th out of 181 countries with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Serbia?
- Over the last ten years it is up 534.4%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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