Gross domestic product (GDP) in Serbia
Serbia: Gross domestic product (GDP) was 148.60 billion international-$ in 2021 prices in 2023. ▲ Rising
Gross domestic product (GDP) in Serbia, 1990–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Serbia is 148.60 billion international-$ in 2021 prices, measured in 2023. That is the highest value across all 34 years on record.
Compared with earlier readings it is up 3.8% on the previous year and up 22.1% over ten years.
Over the whole period, gross domestic product (gdp) in Serbia peaked at 148.60 billion international-$ in 2021 prices in 2023 and was at its lowest, 59.92 billion international-$ in 2021 prices, in 1993.
That places Serbia 83rd out of 184 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 80.86 billion international-$ in 2021 prices | 59.92 billion international-$ in 2021 prices | 136.88 billion international-$ in 2021 prices | 10 |
| 2000s | 92.73 billion international-$ in 2021 prices | 72.27 billion international-$ in 2021 prices | 114.91 billion international-$ in 2021 prices | 10 |
| 2010s | 124.15 billion international-$ in 2021 prices | 114.29 billion international-$ in 2021 prices | 138.65 billion international-$ in 2021 prices | 10 |
| 2020s | 141.74 billion international-$ in 2021 prices | 133.58 billion international-$ in 2021 prices | 148.60 billion international-$ in 2021 prices | 4 |
Countries ranked near Serbia
- 80 Syria 168.13 billion international-$ in 2021 prices compare
- 81 Panama 164.68 billion international-$ in 2021 prices compare
- 82 Nepal 150.85 billion international-$ in 2021 prices compare
- 84 Tunisia 147.77 billion international-$ in 2021 prices compare
- 85 Uganda 146.24 billion international-$ in 2021 prices compare
- 86 Croatia 142.37 billion international-$ in 2021 prices compare
More economy & growth data for Serbia
- External balance on goods and services as a percent of GDP -4.3% (2025)
- Inflation of consumer prices 3.9% (2025)
- GDP per capita 8,804 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 12.7% (2024)
- Gross domestic product (GDP) 57.66 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 8,804 constant 2015 US$ (2025)
- DEC alternative conversion factor 103.97 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 637.18 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 6.13 billion current US$ (2025)
- Taxes less subsidies on products 1.52 trillion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Serbia?
- Gross domestic product (gdp) in Serbia was 148.60 billion international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Serbia?
- The highest recorded value was 148.60 billion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in Serbia?
- The lowest recorded value was 59.92 billion international-$ in 2021 prices in 1993.
- How does Serbia rank for gross domestic product (gdp)?
- Serbia ranks 83rd out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Serbia?
- Over the last ten years it is up 22.1%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – 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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CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.