Gross domestic product (GDP), Constant prices, Purchasing power in Serbia
Serbia: Gross domestic product (GDP), Constant prices, Purchasing power was 4.25 % change on previous year in 2019. ◆ Volatile
Gross domestic product (GDP), Constant prices, Purchasing power in Serbia, 1991–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2019, gross domestic product (gdp), constant prices, purchasing power in Serbia stood at 4.25 % change on previous year.
The figure is down 5.5% on the previous year and up 255.6% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Serbia peaked at 9.03 % change on previous year in 2004 and was at its lowest, -30.43 % change on previous year, in 1993.
That places Serbia 57th out of 193 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Constant prices, Purchasing power in Serbia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -11.66 % change on previous year | — |
| 1992 | -28.14 % change on previous year | +141.2% |
| 1993 | -30.43 % change on previous year | +8.1% |
| 1994 | 2.59 % change on previous year | -108.5% |
| 1995 | 5.69 % change on previous year | +119.2% |
| 1996 | 6.26 % change on previous year | +10.1% |
| 1997 | 7.21 % change on previous year | +15.1% |
| 1998 | 3.34 % change on previous year | -53.6% |
| 1999 | -9.42 % change on previous year | -382.1% |
| 2000 | 6.13 % change on previous year | -165.1% |
| 2001 | 6.88 % change on previous year | +12.2% |
| 2002 | 6.38 % change on previous year | -7.2% |
| 2003 | 4.39 % change on previous year | -31.2% |
| 2004 | 9.03 % change on previous year | +105.8% |
| 2005 | 5.53 % change on previous year | -38.7% |
| 2006 | 5.11 % change on previous year | -7.6% |
| 2007 | 6.44 % change on previous year | +26.1% |
| 2008 | 5.66 % change on previous year | -12.2% |
| 2009 | -2.73 % change on previous year | -148.3% |
| 2010 | 0.731 % change on previous year | -126.8% |
| 2011 | 2.04 % change on previous year | +178.6% |
| 2012 | -0.6816 % change on previous year | -133.5% |
| 2013 | 2.89 % change on previous year | -524.4% |
| 2014 | -1.59 % change on previous year | -155.0% |
| 2015 | 1.81 % change on previous year | -213.6% |
| 2016 | 3.34 % change on previous year | +84.9% |
| 2017 | 2.1 % change on previous year | -37.1% |
| 2018 | 4.5 % change on previous year | +114.0% |
| 2019 | 4.25 % change on previous year | -5.5% |
Serbia compared with similar countries
- Serbia's 4.25 % change on previous year is above the median for upper middle income countries, which is 2.68 % change on previous year, 1.6× the median. (57 countries reporting)
- Serbia's 4.25 % change on previous year is above the median for Europe & Central Asia, which is 2.4 % change on previous year, 1.8× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -6.06 % change on previous year | -30.43 % change on previous year | 7.21 % change on previous year | 9 |
| 2000s | 5.28 % change on previous year | -2.73 % change on previous year | 9.03 % change on previous year | 10 |
| 2010s | 1.94 % change on previous year | -1.59 % change on previous year | 4.5 % change on previous year | 10 |
Countries ranked near Serbia
- 54 Madagascar 4.41 % change on previous year compare
- 55 Lithuania 4.34 % change on previous year compare
- 56 Malaysia 4.3 % change on previous year compare
- 58 India 4.23 % change on previous year compare
- 59 Romania 4.15 % change on previous year compare
- 60 Montenegro 4.06 % change on previous year 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)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0156 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 237.81 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0147 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 224.3 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), constant prices, purchasing power in Serbia?
- Gross domestic product (gdp), constant prices, purchasing power in Serbia was 4.25 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Serbia?
- The highest recorded value was 9.03 % change on previous year in 2004.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Serbia?
- The lowest recorded value was -30.43 % change on previous year in 1993.
- How does Serbia rank for gross domestic product (gdp), constant prices, purchasing power?
- Serbia ranks 57th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Serbia?
- Over the last ten years it is up 255.6%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP), Constant prices, Purchasing power International Monetary Fund
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.