Divergence of GDP per capita among latecomers to the capitalist revolution in Serbia
Serbia: Divergence of GDP per capita among latecomers to the capitalist revolution was 14,124 2011$ in 2018. ▲ Rising
Latest (2018)
14,124 2011$
Change on year
up 4.7%
World rank
68th
of 145 countries
All-time high
14,124 2011$
in 2018
All-time low
2,032 2011$
in 1952
Years of data
67
1952–2018
Divergence of GDP per capita among latecomers to the capitalist revolution in Serbia, 1952–2018
Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011$.
Analysis
In 2018, divergence of gdp per capita among latecomers to the capitalist revolution in Serbia stood at 14,124 2011$. That is the highest value across all 67 years on record.
The figure is up 4.7% on the previous year and up 21.2% over ten years.
Over the whole period, divergence of gdp per capita among latecomers to the capitalist revolution in Serbia peaked at 14,124 2011$ in 2018 and was at its lowest, 2,032 2011$, in 1952.
That places Serbia 68th out of 145 countries with data for 2018, putting it in the middle of the range.
The long-run direction has been consistently rising across the 67 years of available data.
Divergence of GDP per capita among latecomers to the capitalist revolution in Serbia, year by year
| Year | 2011$ | Change |
|---|---|---|
| 1952 | 2,032 2011$ | — |
| 1953 | 2,348 2011$ | +15.6% |
| 1954 | 2,236 2011$ | -4.8% |
| 1955 | 2,584 2011$ | +15.6% |
| 1956 | 2,447 2011$ | -5.3% |
| 1957 | 3,147 2011$ | +28.6% |
| 1958 | 3,022 2011$ | -4.0% |
| 1959 | 3,885 2011$ | +28.6% |
| 1960 | 3,948 2011$ | +1.6% |
| 1961 | 4,038 2011$ | +2.3% |
| 1962 | 4,237 2011$ | +4.9% |
| 1963 | 4,713 2011$ | +11.2% |
| 1964 | 5,166 2011$ | +9.6% |
| 1965 | 5,231 2011$ | +1.3% |
| 1966 | 5,649 2011$ | +8.0% |
| 1967 | 5,703 2011$ | +1.0% |
| 1968 | 5,761 2011$ | +1.0% |
| 1969 | 6,379 2011$ | +10.7% |
| 1970 | 6,515 2011$ | +2.1% |
| 1971 | 7,084 2011$ | +8.7% |
| 1972 | 7,347 2011$ | +3.7% |
| 1973 | 7,716 2011$ | +5.0% |
| 1974 | 8,322 2011$ | +7.9% |
| 1975 | 8,498 2011$ | +2.1% |
| 1976 | 8,877 2011$ | +4.5% |
| 1977 | 9,529 2011$ | +7.3% |
| 1978 | 9,958 2011$ | +4.5% |
| 1979 | 10,772 2011$ | +8.2% |
| 1980 | 10,724 2011$ | -0.4% |
| 1981 | 10,888 2011$ | +1.5% |
| 1982 | 10,949 2011$ | +0.6% |
| 1983 | 10,707 2011$ | -2.2% |
| 1984 | 10,866 2011$ | +1.5% |
| 1985 | 10,839 2011$ | -0.2% |
| 1986 | 11,180 2011$ | +3.1% |
| 1987 | 10,973 2011$ | -1.9% |
| 1988 | 10,793 2011$ | -1.6% |
| 1989 | 10,963 2011$ | +1.6% |
| 1990 | 9,754 2011$ | -11.0% |
| 1991 | 8,858 2011$ | -9.2% |
| 1992 | 6,568 2011$ | -25.9% |
| 1993 | 4,674 2011$ | -28.8% |
| 1994 | 4,911 2011$ | +5.1% |
| 1995 | 5,325 2011$ | +8.4% |
| 1996 | 5,710 2011$ | +7.2% |
| 1997 | 6,288 2011$ | +10.1% |
| 1998 | 6,604 2011$ | +5.0% |
| 1999 | 5,533 2011$ | -16.2% |
| 2000 | 6,060 2011$ | +9.5% |
| 2001 | 6,543 2011$ | +8.0% |
| 2002 | 7,156 2011$ | +9.4% |
| 2003 | 7,638 2011$ | +6.7% |
| 2004 | 8,512 2011$ | +11.4% |
| 2005 | 9,198 2011$ | +8.1% |
| 2006 | 9,902 2011$ | +7.7% |
| 2007 | 10,769 2011$ | +8.8% |
| 2008 | 11,650 2011$ | +8.2% |
| 2009 | 11,577 2011$ | -0.6% |
| 2010 | 11,964 2011$ | +3.3% |
| 2011 | 12,463 2011$ | +4.2% |
| 2012 | 12,384 2011$ | -0.6% |
| 2013 | 12,764 2011$ | +3.1% |
| 2014 | 12,606 2011$ | -1.2% |
| 2015 | 12,765 2011$ | +1.3% |
| 2016 | 13,184 2011$ | +3.3% |
| 2017 | 13,489 2011$ | +2.3% |
| 2018 | 14,124 2011$ | +4.7% |
Serbia compared with similar countries
- Serbia's 14,124 2011$ is above the median for upper middle income countries, which is 13,242 2011$, 1.1× the median. (42 countries reporting)
- Serbia's 14,124 2011$ is below the median for Europe & Central Asia, which is 27,056 2011$, 52% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 2,713 2011$ | 2,032 2011$ | 3,885 2011$ | 8 |
| 1960s | 5,082 2011$ | 3,948 2011$ | 6,379 2011$ | 10 |
| 1970s | 8,462 2011$ | 6,515 2011$ | 10,772 2011$ | 10 |
| 1980s | 10,888 2011$ | 10,707 2011$ | 11,180 2011$ | 10 |
| 1990s | 6,422 2011$ | 4,674 2011$ | 9,754 2011$ | 10 |
| 2000s | 8,900 2011$ | 6,060 2011$ | 11,650 2011$ | 10 |
| 2010s | 12,860 2011$ | 11,964 2011$ | 14,124 2011$ | 9 |
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$), annual growth rate 12.03 % change on previous year (2025)
Frequently asked questions
- What is divergence of gdp per capita among latecomers to the capitalist revolution in Serbia?
- Divergence of gdp per capita among latecomers to the capitalist revolution in Serbia was 14,124 2011$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
- What is the highest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Serbia?
- The highest recorded value was 14,124 2011$ in 2018.
- What is the lowest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Serbia?
- The lowest recorded value was 2,032 2011$ in 1952.
- How does Serbia rank for divergence of gdp per capita among latecomers to the capitalist revolution?
- Serbia ranks 68th out of 145 countries with data for 2018.
- Is divergence of gdp per capita among latecomers to the capitalist revolution rising or falling in Serbia?
- Over the last ten years it is up 21.2%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid updates them automatically from the source API.
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About this data
Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]