Inflation, consumer prices in Serbia

Serbia: Inflation, consumer prices was 4.67 in 2024. ◆ Volatile

Latest (2024)
4.67
Change on year
down 62.2%
World rank
20th
of 70 countries
All-time high
95.6
in 1996
All-time low
1.12
in 2016
Years of data
30
1995–2024

Inflation, consumer prices in Serbia, 1995–2024

0204060801001995200920241995: 82.71996: 95.61997: 23.31998: 30.21999: 42.52000: 71.12001: 952002: 19.52003: 9.92004: 112005: 16.12006: 11.72007: 6.42008: 12.42009: 8.12010: 6.12011: 11.12012: 7.32013: 7.72014: 2.12015: 1.42016: 1.12017: 3.12018: 22019: 1.82020: 1.62021: 4.12022: 122023: 12.42024: 4.7

Source: UNICEF.

Analysis

Serbia recorded 4.67 for inflation, consumer prices in 2024.

The figure is down 62.2% on the previous year and up 124.3% over ten years.

Over the whole period, inflation, consumer prices in Serbia peaked at 95.6 in 1996 and was at its lowest, 1.12, in 2016.

Serbia ranks 20th of 70 countries on this measure, in the middle of the range.

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

Inflation, consumer prices in Serbia, year by year

Annual values for Inflation, consumer prices (annual %) in Serbia, 1995 to 2024.
Year Value Change
1995 82.66
1996 95.6 +15.7%
1997 23.31 -75.6%
1998 30.16 +29.4%
1999 42.45 +40.8%
2000 71.12 +67.5%
2001 95.01 +33.6%
2002 19.49 -79.5%
2003 9.88 -49.3%
2004 11.03 +11.6%
2005 16.12 +46.2%
2006 11.72 -27.3%
2007 6.39 -45.5%
2008 12.41 +94.2%
2009 8.12 -34.6%
2010 6.14 -24.3%
2011 11.14 +81.3%
2012 7.33 -34.2%
2013 7.69 +5.0%
2014 2.08 -72.9%
2015 1.39 -33.1%
2016 1.12 -19.4%
2017 3.13 +179.0%
2018 1.96 -37.4%
2019 1.85 -5.6%
2020 1.58 -14.8%
2021 4.09 +159.3%
2022 11.98 +193.3%
2023 12.37 +3.3%
2024 4.67 -62.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 54.84 23.31 95.6 5
2000s 26.13 6.39 95.01 10
2010s 4.38 1.12 11.14 10
2020s 6.94 1.58 12.37 5

Countries ranked near Serbia

  1. 17 Romania 5.72 compare
  2. 18 Kyrgyzstan 5 compare
  3. 19 Republic of Moldova 4.68 compare
  4. 21 Algeria 4.05 compare
  5. 22 Poland 3.79 compare
  6. 23 Hungary 3.7 compare

See the full ranking of 70 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is inflation, consumer prices in Serbia?
Inflation, consumer prices in Serbia was 4.67 in 2024, according to UNICEF.
What is the highest inflation, consumer prices recorded in Serbia?
The highest recorded value was 95.6 in 1996.
What is the lowest inflation, consumer prices recorded in Serbia?
The lowest recorded value was 1.12 in 2016.
How does Serbia rank for inflation, consumer prices?
Serbia ranks 20th out of 70 countries with data for 2024.
Is inflation, consumer prices rising or falling in Serbia?
Over the last ten years it is up 124.3%. The long-run trend across the full record is volatile.
Where does this Serbia data come from?
The figures come from UNICEF, published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.

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Inflation, consumer prices in Serbia. Statizoid, drawing on UNICEF. Retrieved 26 August 2026, from https://economy.statizoid.com/stat/inflation-consumer-prices-annual-percent-2/serbia/

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About this data

Indicator
Inflation, consumer prices (annual %)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
70 places, 3,218 data points, 1960–2024
Last refreshed