GDP growth in Serbia
Serbia: GDP growth was 3.95 in 2024. ◆ Volatile
Latest (2024)
3.95
Change on year
up 5.4%
World rank
17th
of 74 countries
All-time high
8.93
in 1997
All-time low
-10.33
in 1999
Years of data
29
1996–2024
GDP growth in Serbia, 1996–2024
Source: UNICEF.
Analysis
The most recent figure for gdp growth in Serbia is 3.95, measured in 2024.
That represents a change of up 5.4% on the previous year and up 318.9% over ten years.
Over the whole period, gdp growth in Serbia peaked at 8.93 in 1997 and was at its lowest, -10.33, in 1999.
That places Serbia 17th out of 74 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.
GDP growth in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 6.16 | — |
| 1997 | 8.93 | +44.9% |
| 1998 | 5.34 | -40.2% |
| 1999 | -10.33 | -293.3% |
| 2000 | 6.06 | -158.6% |
| 2001 | 6.78 | +11.9% |
| 2002 | 6.54 | -3.5% |
| 2003 | 4.56 | -30.3% |
| 2004 | 6.69 | +46.7% |
| 2005 | 5.9 | -11.7% |
| 2006 | 3.9 | -33.9% |
| 2007 | 7.83 | +100.8% |
| 2008 | 5.16 | -34.1% |
| 2009 | -3.14 | -160.9% |
| 2010 | 1.61 | -151.3% |
| 2011 | 0.0543 | -96.6% |
| 2012 | -0.444 | -918.0% |
| 2013 | 0.4516 | -201.7% |
| 2014 | -1.8 | -499.5% |
| 2015 | 1.3 | -171.8% |
| 2016 | 2.98 | +129.6% |
| 2017 | 2.36 | -20.6% |
| 2018 | 4.65 | +96.7% |
| 2019 | 4.75 | +2.2% |
| 2020 | -0.95 | -120.0% |
| 2021 | 7.95 | -936.7% |
| 2022 | 2.7 | -66.0% |
| 2023 | 3.75 | +38.6% |
| 2024 | 3.95 | +5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.53 | -10.33 | 8.93 | 4 |
| 2000s | 5.03 | -3.14 | 7.83 | 10 |
| 2010s | 1.59 | -1.8 | 4.75 | 10 |
| 2020s | 3.48 | -0.95 | 7.95 | 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)
- GDP (current US$), annual growth rate 10.95 % change on previous year (2025)
- GDP (current US$), per capita 15,262 current US$ per person (2025)
- GDP (current LCU), annual growth rate 6.61 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 103.98 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 1.59 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 2.03 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.5769 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 8,804 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gdp growth in Serbia?
- Gdp growth in Serbia was 3.95 in 2024, according to UNICEF.
- What is the highest gdp growth recorded in Serbia?
- The highest recorded value was 8.93 in 1997.
- What is the lowest gdp growth recorded in Serbia?
- The lowest recorded value was -10.33 in 1999.
- How does Serbia rank for gdp growth?
- Serbia ranks 17th out of 74 countries with data for 2024.
- Is gdp growth rising or falling in Serbia?
- Over the last ten years it is up 318.9%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from UNICEF, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
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