Gross domestic product (GDP) in Serbia
Serbia: Gross domestic product (GDP) was 116.83 billion international-$ in 2011 prices in 2022. ▲ Rising
Latest (2022)
116.83 billion international-$ in 2011 prices
Change on year
up 2.3%
World rank
81st
of 166 countries
All-time high
116.83 billion international-$ in 2011 prices
in 2022
All-time low
12.40 billion international-$ in 2011 prices
in 1952
Years of data
71
1952–2022
Gross domestic product (GDP) in Serbia, 1952–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
In 2022, gross domestic product (gdp) in Serbia stood at 116.83 billion international-$ in 2011 prices. That is the highest value across all 71 years on record.
The figure is up 2.3% on the previous year and up 29.2% over ten years.
Over the whole period, gross domestic product (gdp) in Serbia peaked at 116.83 billion international-$ in 2011 prices in 2022 and was at its lowest, 12.40 billion international-$ in 2011 prices, in 1952.
Serbia ranks 81st of 166 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 71 years of available data.
Gross domestic product (GDP) in Serbia, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1952 | 12.40 billion international-$ in 2011 prices | — |
| 1953 | 14.50 billion international-$ in 2011 prices | +16.9% |
| 1954 | 13.96 billion international-$ in 2011 prices | -3.7% |
| 1955 | 16.31 billion international-$ in 2011 prices | +16.8% |
| 1956 | 15.62 billion international-$ in 2011 prices | -4.3% |
| 1957 | 20.30 billion international-$ in 2011 prices | +30.0% |
| 1958 | 19.70 billion international-$ in 2011 prices | -2.9% |
| 1959 | 25.60 billion international-$ in 2011 prices | +29.9% |
| 1960 | 26.29 billion international-$ in 2011 prices | +2.7% |
| 1961 | 27.17 billion international-$ in 2011 prices | +3.3% |
| 1962 | 28.75 billion international-$ in 2011 prices | +5.8% |
| 1963 | 32.25 billion international-$ in 2011 prices | +12.2% |
| 1964 | 35.65 billion international-$ in 2011 prices | +10.5% |
| 1965 | 36.40 billion international-$ in 2011 prices | +2.1% |
| 1966 | 39.64 billion international-$ in 2011 prices | +8.9% |
| 1967 | 40.34 billion international-$ in 2011 prices | +1.8% |
| 1968 | 41.09 billion international-$ in 2011 prices | +1.8% |
| 1969 | 45.87 billion international-$ in 2011 prices | +11.6% |
| 1970 | 47.22 billion international-$ in 2011 prices | +3.0% |
| 1971 | 51.76 billion international-$ in 2011 prices | +9.6% |
| 1972 | 53.91 billion international-$ in 2011 prices | +4.2% |
| 1973 | 56.86 billion international-$ in 2011 prices | +5.5% |
| 1974 | 61.58 billion international-$ in 2011 prices | +8.3% |
| 1975 | 63.15 billion international-$ in 2011 prices | +2.5% |
| 1976 | 66.24 billion international-$ in 2011 prices | +4.9% |
| 1977 | 71.41 billion international-$ in 2011 prices | +7.8% |
| 1978 | 74.93 billion international-$ in 2011 prices | +4.9% |
| 1979 | 81.40 billion international-$ in 2011 prices | +8.6% |
| 1980 | 81.37 billion international-$ in 2011 prices | -0.0% |
| 1981 | 82.96 billion international-$ in 2011 prices | +1.9% |
| 1982 | 83.71 billion international-$ in 2011 prices | +0.9% |
| 1983 | 82.13 billion international-$ in 2011 prices | -1.9% |
| 1984 | 83.62 billion international-$ in 2011 prices | +1.8% |
| 1985 | 83.67 billion international-$ in 2011 prices | +0.1% |
| 1986 | 86.53 billion international-$ in 2011 prices | +3.4% |
| 1987 | 85.11 billion international-$ in 2011 prices | -1.6% |
| 1988 | 83.85 billion international-$ in 2011 prices | -1.5% |
| 1989 | 85.29 billion international-$ in 2011 prices | +1.7% |
| 1990 | 75.95 billion international-$ in 2011 prices | -10.9% |
| 1991 | 68.07 billion international-$ in 2011 prices | -10.4% |
| 1992 | 50.21 billion international-$ in 2011 prices | -26.2% |
| 1993 | 35.71 billion international-$ in 2011 prices | -28.9% |
| 1994 | 37.49 billion international-$ in 2011 prices | +5.0% |
| 1995 | 40.61 billion international-$ in 2011 prices | +8.3% |
| 1996 | 43.63 billion international-$ in 2011 prices | +7.5% |
| 1997 | 47.96 billion international-$ in 2011 prices | +9.9% |
| 1998 | 50.25 billion international-$ in 2011 prices | +4.8% |
| 1999 | 42.11 billion international-$ in 2011 prices | -16.2% |
| 2000 | 45.97 billion international-$ in 2011 prices | +9.2% |
| 2001 | 49.55 billion international-$ in 2011 prices | +7.8% |
| 2002 | 54.17 billion international-$ in 2011 prices | +9.3% |
| 2003 | 57.67 billion international-$ in 2011 prices | +6.5% |
| 2004 | 64.12 billion international-$ in 2011 prices | +11.2% |
| 2005 | 69.08 billion international-$ in 2011 prices | +7.7% |
| 2006 | 74.08 billion international-$ in 2011 prices | +7.2% |
| 2007 | 80.24 billion international-$ in 2011 prices | +8.3% |
| 2008 | 86.43 billion international-$ in 2011 prices | +7.7% |
| 2009 | 85.54 billion international-$ in 2011 prices | -1.0% |
| 2010 | 88.05 billion international-$ in 2011 prices | +2.9% |
| 2011 | 91.03 billion international-$ in 2011 prices | +3.4% |
| 2012 | 90.41 billion international-$ in 2011 prices | -0.7% |
| 2013 | 93.03 billion international-$ in 2011 prices | +2.9% |
| 2014 | 91.55 billion international-$ in 2011 prices | -1.6% |
| 2015 | 93.20 billion international-$ in 2011 prices | +1.8% |
| 2016 | 96.31 billion international-$ in 2011 prices | +3.3% |
| 2017 | 98.34 billion international-$ in 2011 prices | +2.1% |
| 2018 | 102.76 billion international-$ in 2011 prices | +4.5% |
| 2019 | 107.21 billion international-$ in 2011 prices | +4.3% |
| 2020 | 106.24 billion international-$ in 2011 prices | -0.9% |
| 2021 | 114.26 billion international-$ in 2011 prices | +7.5% |
| 2022 | 116.83 billion international-$ in 2011 prices | +2.3% |
Serbia compared with similar countries
- Serbia's 116.83 billion international-$ in 2011 prices is below the median for upper middle income countries, which is 146.22 billion international-$ in 2011 prices, 80% of the median. (47 countries reporting)
- Serbia's 116.83 billion international-$ in 2011 prices is below the median for Europe & Central Asia, which is 245.02 billion international-$ in 2011 prices, 48% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 17.30 billion international-$ in 2011 prices | 12.40 billion international-$ in 2011 prices | 25.60 billion international-$ in 2011 prices | 8 |
| 1960s | 35.35 billion international-$ in 2011 prices | 26.29 billion international-$ in 2011 prices | 45.87 billion international-$ in 2011 prices | 10 |
| 1970s | 62.85 billion international-$ in 2011 prices | 47.22 billion international-$ in 2011 prices | 81.40 billion international-$ in 2011 prices | 10 |
| 1980s | 83.82 billion international-$ in 2011 prices | 81.37 billion international-$ in 2011 prices | 86.53 billion international-$ in 2011 prices | 10 |
| 1990s | 49.20 billion international-$ in 2011 prices | 35.71 billion international-$ in 2011 prices | 75.95 billion international-$ in 2011 prices | 10 |
| 2000s | 66.69 billion international-$ in 2011 prices | 45.97 billion international-$ in 2011 prices | 86.43 billion international-$ in 2011 prices | 10 |
| 2010s | 95.19 billion international-$ in 2011 prices | 88.05 billion international-$ in 2011 prices | 107.21 billion international-$ in 2011 prices | 10 |
| 2020s | 112.45 billion international-$ in 2011 prices | 106.24 billion international-$ in 2011 prices | 116.83 billion international-$ in 2011 prices | 3 |
Countries ranked near Serbia
- 78 Bulgaria 138.39 billion international-$ in 2011 prices compare
- 79 Tunisia 129.46 billion international-$ in 2011 prices compare
- 80 Cote d'Ivoire 121.47 billion international-$ in 2011 prices compare
- 82 Puerto Rico 113.89 billion international-$ in 2011 prices compare
- 83 Croatia 102.28 billion international-$ in 2011 prices compare
- 84 Uganda 102.00 billion international-$ in 2011 prices 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$), annual growth rate 12.03 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Serbia?
- Gross domestic product (gdp) in Serbia was 116.83 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Serbia?
- The highest recorded value was 116.83 billion international-$ in 2011 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in Serbia?
- The lowest recorded value was 12.40 billion international-$ in 2011 prices in 1952.
- How does Serbia rank for gross domestic product (gdp)?
- Serbia ranks 81st out of 166 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in Serbia?
- Over the last ten years it is up 29.2%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.