Gross National Income — Annual growth Standard Local Currency in Serbia

Serbia: Gross National Income — Annual growth Standard Local Currency was 14.83 % in 2023. ◆ Volatile

Latest (2023)
14.83 %
Change on year
up 24.6%
World rank
39th
of 202 countries
All-time high
153.86 billion %
in 1993
All-time low
1.07 %
in 2014
Years of data
33
1991–2023

Gross National Income — Annual growth Standard Local Currency in Serbia, 1991–2023

050.0B100.0B150.0B1991200720231991: 96.1 %1992: 6.4k %1993: 153.9B %1994: 5.7 %1995: 83.4 %1996: 96.6 %1997: 29.6 %1998: 28.1 %1999: 15.5 %2000: 93.2 %2001: 99.8 %2002: 26.5 %2003: 17.2 %2004: 17.6 %2005: 19.3 %2006: 17.3 %2007: 15.5 %2008: 15.7 %2009: 6.3 %2010: 5.8 %2011: 9.2 %2012: 6.1 %2013: 7.5 %2014: 1.1 %2015: 2.8 %2016: 4 %2017: 4.1 %2018: 8.1 %2019: 6.5 %2020: 4 %2021: 13 %2022: 11.9 %2023: 14.8 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

Serbia recorded 14.83 % for gross national income — annual growth standard local currency in 2023.

Compared with earlier readings it is up 24.6% on the previous year and up 98.4% over ten years.

Over the whole period, gross national income — annual growth standard local currency in Serbia peaked at 153.86 billion % in 1993 and was at its lowest, 1.07 %, in 2014.

Serbia ranks 39th of 202 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross National Income — Annual growth Standard Local Currency in Serbia, year by year

Annual values for Gross National Income — Annual growth Standard Local Currency in Serbia, 1991 to 2023.
Year % Change
1991 96.11 %
1992 6,411 % +6570.0%
1993 153.86 billion % +2400107221.7%
1994 5.67 % -100.0%
1995 83.41 % +1370.4%
1996 96.62 % +15.8%
1997 29.57 % -69.4%
1998 28.08 % -5.0%
1999 15.49 % -44.8%
2000 93.23 % +501.8%
2001 99.78 % +7.0%
2002 26.46 % -73.5%
2003 17.17 % -35.1%
2004 17.63 % +2.6%
2005 19.33 % +9.7%
2006 17.31 % -10.5%
2007 15.51 % -10.4%
2008 15.68 % +1.1%
2009 6.32 % -59.7%
2010 5.79 % -8.3%
2011 9.18 % +58.5%
2012 6.07 % -33.9%
2013 7.48 % +23.3%
2014 1.07 % -85.7%
2015 2.81 % +163.1%
2016 3.99 % +42.1%
2017 4.08 % +2.2%
2018 8.12 % +99.1%
2019 6.54 % -19.5%
2020 4.02 % -38.4%
2021 12.99 % +222.8%
2022 11.91 % -8.3%
2023 14.83 % +24.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 17.10 billion % 5.67 % 153.86 billion % 9
2000s 32.84 % 6.32 % 99.78 % 10
2010s 5.51 % 1.07 % 9.18 % 10
2020s 10.94 % 4.02 % 14.83 % 4

Countries ranked near Serbia

  1. 36 Cayman Islands 15.21 % compare
  2. 37 Croatia 15.11 % compare
  3. 38 Guinea 15.07 % compare
  4. 40 Kiribati 14.23 % compare
  5. 41 Burundi 14.16 % compare
  6. 42 Sri Lanka 14.09 % compare

See the full ranking of 218 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is gross national income — annual growth standard local currency in Serbia?
Gross national income — annual growth standard local currency in Serbia was 14.83 % in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest gross national income — annual growth standard local currency recorded in Serbia?
The highest recorded value was 153.86 billion % in 1993.
What is the lowest gross national income — annual growth standard local currency recorded in Serbia?
The lowest recorded value was 1.07 % in 2014.
How does Serbia rank for gross national income — annual growth standard local currency?
Serbia ranks 39th out of 202 countries with data for 2023.
Is gross national income — annual growth standard local currency rising or falling in Serbia?
Over the last ten years it is up 98.4%. The long-run trend across the full record is volatile.
Where does this Serbia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Annual growth Standard Local Currency. Statizoid updates them automatically from the source API.

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Gross National Income — Annual growth Standard Local Currency in Serbia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 07 September 2026, from https://economy.statizoid.com/stat/gross-national-income-annual-growth-standard-local-currency/serbia/

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About this data

Indicator
Gross National Income — Annual growth Standard Local Currency
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
218 places, 10,637 data points, 1971–2023
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).