Final consumption expenditure in Serbia

Serbia: Final consumption expenditure was 47.42 billion constant 2015 US$ in 2025. ▲ Rising

Latest (2025)
47.42 billion constant 2015 US$
Change on year
up 3.1%
World rank
80th
of 172 countries
All-time high
47.42 billion constant 2015 US$
in 2025
All-time low
22.05 billion constant 2015 US$
in 1995
Years of data
31
1995–2025

Final consumption expenditure in Serbia, 1995–2025

010.0B20.0B30.0B40.0B50.0B1995201020251995: 22.1B constant 2015 US$1996: 22.9B constant 2015 US$1997: 24.5B constant 2015 US$1998: 25.8B constant 2015 US$1999: 23.5B constant 2015 US$2000: 25.3B constant 2015 US$2001: 26.6B constant 2015 US$2002: 28.7B constant 2015 US$2003: 29.4B constant 2015 US$2004: 32.2B constant 2015 US$2005: 32.4B constant 2015 US$2006: 35.3B constant 2015 US$2007: 38.0B constant 2015 US$2008: 39.5B constant 2015 US$2009: 38.3B constant 2015 US$2010: 38.2B constant 2015 US$2011: 38.3B constant 2015 US$2012: 37.8B constant 2015 US$2013: 37.0B constant 2015 US$2014: 36.9B constant 2015 US$2015: 36.4B constant 2015 US$2016: 36.9B constant 2015 US$2017: 37.7B constant 2015 US$2018: 38.8B constant 2015 US$2019: 40.2B constant 2015 US$2020: 39.9B constant 2015 US$2021: 42.6B constant 2015 US$2022: 43.9B constant 2015 US$2023: 43.8B constant 2015 US$2024: 46.0B constant 2015 US$2025: 47.4B constant 2015 US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.

Analysis

The most recent figure for final consumption expenditure in Serbia is 47.42 billion constant 2015 US$, measured in 2025. That is the highest value across all 31 years on record.

The figure is up 3.1% on the previous year and up 30.1% over ten years.

Over the whole period, final consumption expenditure in Serbia peaked at 47.42 billion constant 2015 US$ in 2025 and was at its lowest, 22.05 billion constant 2015 US$, in 1995.

That places Serbia 80th out of 172 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 31 years of available data.

Final consumption expenditure in Serbia, year by year

Annual values for Final consumption expenditure (constant 2015 US$) in Serbia, 1995 to 2025.
Year constant 2015 US$ Change
1995 22.05 billion constant 2015 US$ —
1996 22.89 billion constant 2015 US$ +3.8%
1997 24.51 billion constant 2015 US$ +7.1%
1998 25.77 billion constant 2015 US$ +5.1%
1999 23.53 billion constant 2015 US$ -8.7%
2000 25.31 billion constant 2015 US$ +7.6%
2001 26.55 billion constant 2015 US$ +4.9%
2002 28.66 billion constant 2015 US$ +7.9%
2003 29.37 billion constant 2015 US$ +2.5%
2004 32.20 billion constant 2015 US$ +9.6%
2005 32.42 billion constant 2015 US$ +0.7%
2006 35.26 billion constant 2015 US$ +8.8%
2007 38.02 billion constant 2015 US$ +7.8%
2008 39.51 billion constant 2015 US$ +3.9%
2009 38.27 billion constant 2015 US$ -3.1%
2010 38.16 billion constant 2015 US$ -0.3%
2011 38.26 billion constant 2015 US$ +0.3%
2012 37.78 billion constant 2015 US$ -1.3%
2013 37.03 billion constant 2015 US$ -2.0%
2014 36.88 billion constant 2015 US$ -0.4%
2015 36.44 billion constant 2015 US$ -1.2%
2016 36.86 billion constant 2015 US$ +1.2%
2017 37.67 billion constant 2015 US$ +2.2%
2018 38.80 billion constant 2015 US$ +3.0%
2019 40.23 billion constant 2015 US$ +3.7%
2020 39.86 billion constant 2015 US$ -0.9%
2021 42.61 billion constant 2015 US$ +6.9%
2022 43.88 billion constant 2015 US$ +3.0%
2023 43.82 billion constant 2015 US$ -0.1%
2024 45.98 billion constant 2015 US$ +4.9%
2025 47.42 billion constant 2015 US$ +3.1%

Serbia compared with similar countries

  • Serbia's 47.42 billion constant 2015 US$ is below the median for upper middle income countries, which is 52.86 billion constant 2015 US$, 90% of the median. (47 countries reporting)
  • Serbia's 47.42 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 104.02 billion constant 2015 US$, 46% of the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 23.75 billion constant 2015 US$ 22.05 billion constant 2015 US$ 25.77 billion constant 2015 US$ 5
2000s 32.56 billion constant 2015 US$ 25.31 billion constant 2015 US$ 39.51 billion constant 2015 US$ 10
2010s 37.81 billion constant 2015 US$ 36.44 billion constant 2015 US$ 40.23 billion constant 2015 US$ 10
2020s 43.93 billion constant 2015 US$ 39.86 billion constant 2015 US$ 47.42 billion constant 2015 US$ 6

Countries ranked near Serbia

  1. 77 Belarus 52.86 billion constant 2015 US$ compare
  2. 78 Tanzania 50.18 billion constant 2015 US$ compare
  3. 79 Panama 47.75 billion constant 2015 US$ compare
  4. 81 Tunisia 47.34 billion constant 2015 US$ compare
  5. 82 Yemen 46.02 billion constant 2015 US$ compare
  6. 83 Uganda 44.48 billion constant 2015 US$ compare

See the full ranking of 214 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is final consumption expenditure in Serbia?
Final consumption expenditure in Serbia was 47.42 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest final consumption expenditure recorded in Serbia?
The highest recorded value was 47.42 billion constant 2015 US$ in 2025.
What is the lowest final consumption expenditure recorded in Serbia?
The lowest recorded value was 22.05 billion constant 2015 US$ in 1995.
How does Serbia rank for final consumption expenditure?
Serbia ranks 80th out of 172 countries with data for 2025.
Is final consumption expenditure rising or falling in Serbia?
Over the last ten years it is up 30.1%. The long-run trend across the full record is rising.
Where does this Serbia data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.

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Final consumption expenditure in Serbia. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 27 September 2026, from https://economy.statizoid.com/stat/final-consumption-expenditure-constant-2015-us/serbia/

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About this data

Indicator
Final consumption expenditure (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
214 places, 9,114 data points, 1960–2025
Last refreshed

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.