GDP Deflator — Value Standard Local Currency, 2015 prices in Serbia
Serbia: GDP Deflator — Value Standard Local Currency, 2015 prices was 153.94 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Serbia, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gdp deflator — value standard local currency, 2015 prices in Serbia is 153.94 SLC, measured in 2024. That is the highest value across all 35 years on record.
That represents a change of up 5.2% on the previous year and up 56.8% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Serbia peaked at 153.94 SLC in 2024 and was at its lowest, 0 SLC, in 1990.
Serbia ranks 70th of 209 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.
GDP Deflator — Value Standard Local Currency, 2015 prices in Serbia, year by year
| Year | SLC | Change |
|---|---|---|
| 1990 | 0 SLC | — |
| 1991 | 0 SLC | — |
| 1992 | 0 SLC | — |
| 1993 | 1.44 SLC | +206362857042.9% |
| 1994 | 1.49 SLC | +3.0% |
| 1995 | 2.58 SLC | +73.5% |
| 1996 | 4.78 SLC | +85.0% |
| 1997 | 5.77 SLC | +20.9% |
| 1998 | 7.18 SLC | +24.4% |
| 1999 | 9.19 SLC | +27.9% |
| 2000 | 16.63 SLC | +81.0% |
| 2001 | 31.07 SLC | +86.8% |
| 2002 | 37.13 SLC | +19.5% |
| 2003 | 41.77 SLC | +12.5% |
| 2004 | 45.16 SLC | +8.1% |
| 2005 | 51.78 SLC | +14.7% |
| 2006 | 58.18 SLC | +12.4% |
| 2007 | 63.25 SLC | +8.7% |
| 2008 | 68.99 SLC | +9.1% |
| 2009 | 74.43 SLC | +7.9% |
| 2010 | 78.7 SLC | +5.7% |
| 2011 | 85.71 SLC | +8.9% |
| 2012 | 91.02 SLC | +6.2% |
| 2013 | 95.69 SLC | +5.1% |
| 2014 | 98.16 SLC | +2.6% |
| 2015 | 100 SLC | +1.9% |
| 2016 | 101.55 SLC | +1.5% |
| 2017 | 104.57 SLC | +3.0% |
| 2018 | 106.63 SLC | +2.0% |
| 2019 | 109.23 SLC | +2.4% |
| 2020 | 111.91 SLC | +2.4% |
| 2021 | 118.37 SLC | +5.8% |
| 2022 | 130.62 SLC | +10.3% |
| 2023 | 146.3 SLC | +12.0% |
| 2024 | 153.94 SLC | +5.2% |
Serbia compared with similar countries
- Serbia's 153.94 SLC is above the median for upper middle income countries, which is 140.19 SLC, 1.1× the median. (51 countries reporting)
- Serbia's 153.94 SLC is above the median for Europe & Central Asia, which is 134.77 SLC, 1.1× the median. (48 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices in Serbia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +206362857042.9% | 0 SLC | 1.44 SLC |
| 2001 | +86.8% | 16.63 SLC | 31.07 SLC |
| 1996 | +85.0% | 2.58 SLC | 4.78 SLC |
| 2000 | +81.0% | 9.19 SLC | 16.63 SLC |
| 1995 | +73.5% | 1.49 SLC | 2.58 SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.24 SLC | 0 SLC | 9.19 SLC | 10 |
| 2000s | 48.84 SLC | 16.63 SLC | 74.43 SLC | 10 |
| 2010s | 97.13 SLC | 78.7 SLC | 109.23 SLC | 10 |
| 2020s | 132.23 SLC | 111.91 SLC | 153.94 SLC | 5 |
Countries ranked near Serbia
- 67 Montenegro 155.12 SLC compare
- 68 Nicaragua 154.79 SLC compare
- 69 Tajikistan 154.65 SLC compare
- 71 Mauritania 152.53 SLC compare
- 72 Honduras 150.65 SLC compare
- 73 Turks and Caicos Islands 150.36 SLC 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)
- SDRs holdings, US dollar, annual growth rate 5.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 2.19 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5822 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.6 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0213 units per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Serbia?
- Gdp deflator — value standard local currency, 2015 prices in Serbia was 153.94 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Serbia?
- The highest recorded value was 153.94 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Serbia?
- The lowest recorded value was 0 SLC in 1990.
- How does Serbia rank for gdp deflator — value standard local currency, 2015 prices?
- Serbia ranks 70th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Serbia?
- Over the last ten years it is up 56.8%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).