Annual growth rate of real GDP per capita in Serbia
Serbia: Annual growth rate of real GDP per capita was 4.4% in 2024. ◆ Volatile
Latest (2024)
4.4%
Change on year
up 7.3%
World rank
40th
of 226 countries
All-time high
9.1%
in 2021
All-time low
-2.8%
in 2009
Years of data
25
2000–2024
Annual growth rate of real GDP per capita in Serbia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Serbia recorded 4.4% for annual growth rate of real gdp per capita in 2024.
Compared with earlier readings it is up 7.3% on the previous year and up 500.0% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Serbia peaked at 9.1% in 2021 and was at its lowest, -2.8%, in 2009.
That places Serbia 40th out of 226 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 6.6% | — |
| 2001 | 7.4% | +12.1% |
| 2002 | 7.0% | -5.4% |
| 2003 | 4.9% | -30.0% |
| 2004 | 7.0% | +42.9% |
| 2005 | 6.3% | -10.0% |
| 2006 | 4.3% | -31.7% |
| 2007 | 8.2% | +90.7% |
| 2008 | 5.6% | -31.7% |
| 2009 | -2.8% | -150.0% |
| 2010 | 2.0% | -171.4% |
| 2011 | 0.5% | -75.0% |
| 2012 | 0.1% | -80.0% |
| 2013 | 1.1% | +1000.0% |
| 2014 | -1.1% | -200.0% |
| 2015 | 2.0% | -281.8% |
| 2016 | 3.7% | +85.0% |
| 2017 | 3.1% | -16.2% |
| 2018 | 5.4% | +74.2% |
| 2019 | 5.6% | +3.7% |
| 2020 | -0.1% | -101.8% |
| 2021 | 9.1% | -9200.0% |
| 2022 | 3.3% | -63.7% |
| 2023 | 4.1% | +24.2% |
| 2024 | 4.4% | +7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.5% | -2.8% | 8.2% | 10 |
| 2010s | 2.2% | -1.1% | 5.6% | 10 |
| 2020s | 4.2% | -0.1% | 9.1% | 5 |
Countries ranked near Serbia
- 38 Croatia 4.5% compare
- 38 Uzbekistan 4.5% compare
- 40 Montserrat 4.4% compare
- 40 Saint Lucia 4.4% compare
- 40 Sri Lanka 4.4% 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)
- 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 rate of real gdp per capita in Serbia?
- Annual growth rate of real gdp per capita in Serbia was 4.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Serbia?
- The highest recorded value was 9.1% in 2021.
- What is the lowest annual growth rate of real gdp per capita recorded in Serbia?
- The lowest recorded value was -2.8% in 2009.
- How does Serbia rank for annual growth rate of real gdp per capita?
- Serbia ranks 40th out of 226 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Serbia?
- Over the last ten years it is up 500.0%. 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 rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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