Gross domestic product (GDP), per unit of GDP in Serbia
Serbia: Gross domestic product (GDP), per unit of GDP was 1.83 international-$ in 2021 prices per US$ of GDP in 2023. ▼ Falling
Gross domestic product (GDP), per unit of GDP in Serbia, 1995–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
Serbia recorded 1.83 international-$ in 2021 prices per US$ of GDP for gross domestic product (gdp), per unit of gdp in 2023. That is the lowest value across all 29 years on record.
That represents a change of down 14.7% on the previous year and down 24.3% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Serbia peaked at 10.1 international-$ in 2021 prices per US$ of GDP in 2000 and was at its lowest, 1.83 international-$ in 2021 prices per US$ of GDP, in 2023.
That places Serbia 109th out of 180 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Gross domestic product (GDP), per unit of GDP in Serbia, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1995 | 3.63 international-$ in 2021 prices per US$ of GDP | — |
| 1996 | 2.77 international-$ in 2021 prices per US$ of GDP | -23.6% |
| 1997 | 2.57 international-$ in 2021 prices per US$ of GDP | -7.3% |
| 1998 | 3.54 international-$ in 2021 prices per US$ of GDP | +38.1% |
| 1999 | 3.3 international-$ in 2021 prices per US$ of GDP | -6.8% |
| 2000 | 10.1 international-$ in 2021 prices per US$ of GDP | +205.7% |
| 2001 | 5.31 international-$ in 2021 prices per US$ of GDP | -47.4% |
| 2002 | 4.38 international-$ in 2021 prices per US$ of GDP | -17.5% |
| 2003 | 3.49 international-$ in 2021 prices per US$ of GDP | -20.3% |
| 2004 | 3.23 international-$ in 2021 prices per US$ of GDP | -7.4% |
| 2005 | 3.4 international-$ in 2021 prices per US$ of GDP | +5.2% |
| 2006 | 3.09 international-$ in 2021 prices per US$ of GDP | -9.2% |
| 2007 | 2.35 international-$ in 2021 prices per US$ of GDP | -24.0% |
| 2008 | 2.12 international-$ in 2021 prices per US$ of GDP | -9.7% |
| 2009 | 2.43 international-$ in 2021 prices per US$ of GDP | +14.5% |
| 2010 | 2.63 international-$ in 2021 prices per US$ of GDP | +8.2% |
| 2011 | 2.45 international-$ in 2021 prices per US$ of GDP | -6.7% |
| 2012 | 2.8 international-$ in 2021 prices per US$ of GDP | +14.3% |
| 2013 | 2.41 international-$ in 2021 prices per US$ of GDP | -13.8% |
| 2014 | 2.42 international-$ in 2021 prices per US$ of GDP | +0.2% |
| 2015 | 2.92 international-$ in 2021 prices per US$ of GDP | +20.7% |
| 2016 | 2.91 international-$ in 2021 prices per US$ of GDP | -0.1% |
| 2017 | 2.73 international-$ in 2021 prices per US$ of GDP | -6.3% |
| 2018 | 2.41 international-$ in 2021 prices per US$ of GDP | -11.8% |
| 2019 | 2.57 international-$ in 2021 prices per US$ of GDP | +6.8% |
| 2020 | 2.39 international-$ in 2021 prices per US$ of GDP | -7.1% |
| 2021 | 2.14 international-$ in 2021 prices per US$ of GDP | -10.4% |
| 2022 | 2.14 international-$ in 2021 prices per US$ of GDP | +0.0% |
| 2023 | 1.83 international-$ in 2021 prices per US$ of GDP | -14.7% |
Serbia compared with similar countries
- Serbia's 1.83 international-$ in 2021 prices per US$ of GDP is below the median for upper middle income countries, which is 2.35 international-$ in 2021 prices per US$ of GDP, 78% of the median. (51 countries reporting)
- Serbia's 1.83 international-$ in 2021 prices per US$ of GDP is above the median for Europe & Central Asia, which is 1.5 international-$ in 2021 prices per US$ of GDP, 1.2× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), per unit of GDP 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 |
|---|---|---|---|
| 2000 | +205.7% | 3.3 international-$ in 2021 prices per US$ of GDP | 10.1 international-$ in 2021 prices per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.16 international-$ in 2021 prices per US$ of GDP | 2.57 international-$ in 2021 prices per US$ of GDP | 3.63 international-$ in 2021 prices per US$ of GDP | 5 |
| 2000s | 3.99 international-$ in 2021 prices per US$ of GDP | 2.12 international-$ in 2021 prices per US$ of GDP | 10.1 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 2.63 international-$ in 2021 prices per US$ of GDP | 2.41 international-$ in 2021 prices per US$ of GDP | 2.92 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 2.13 international-$ in 2021 prices per US$ of GDP | 1.83 international-$ in 2021 prices per US$ of GDP | 2.39 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Serbia
- 106 Bulgaria 1.88 international-$ in 2021 prices per US$ of GDP compare
- 107 Poland 1.87 international-$ in 2021 prices per US$ of GDP compare
- 108 Bahrain 1.83 international-$ in 2021 prices per US$ of GDP compare
- 110 Peru 1.81 international-$ in 2021 prices per US$ of GDP compare
- 111 Brazil 1.8 international-$ in 2021 prices per US$ of GDP compare
- 112 Haiti 1.76 international-$ in 2021 prices per US$ of GDP 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$), annual growth rate 12.03 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Serbia?
- Gross domestic product (gdp), per unit of gdp in Serbia was 1.83 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Serbia?
- The highest recorded value was 10.1 international-$ in 2021 prices per US$ of GDP in 2000.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Serbia?
- The lowest recorded value was 1.83 international-$ in 2021 prices per US$ of GDP in 2023.
- How does Serbia rank for gross domestic product (gdp), per unit of gdp?
- Serbia ranks 109th out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Serbia?
- Over the last ten years it is down 24.3%. The long-run trend across the full record is falling.
- Where does this Serbia data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.