Inflation, consumer prices in Serbia
Serbia: Inflation, consumer prices was 3.9% in 2025. ◆ Volatile
Inflation, consumer prices in Serbia, 1995–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
Serbia recorded 3.9% for inflation, consumer prices in 2025.
The figure is down 16.7% on the previous year and up 179.4% over ten years.
Over the whole period, inflation, consumer prices in Serbia peaked at 95.6% in 1996 and was at its lowest, 1.1%, in 2016.
That places Serbia 67th out of 191 countries with data for 2025, putting it 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
| Year | annual % | Change |
|---|---|---|
| 1995 | 82.7% | — |
| 1996 | 95.6% | +15.7% |
| 1997 | 23.3% | -75.6% |
| 1998 | 30.2% | +29.4% |
| 1999 | 42.5% | +40.8% |
| 2000 | 71.1% | +67.5% |
| 2001 | 95.0% | +33.6% |
| 2002 | 19.5% | -79.5% |
| 2003 | 9.9% | -49.3% |
| 2004 | 11.0% | +11.6% |
| 2005 | 16.1% | +46.2% |
| 2006 | 11.7% | -27.3% |
| 2007 | 6.4% | -45.5% |
| 2008 | 12.4% | +94.2% |
| 2009 | 8.1% | -34.6% |
| 2010 | 6.1% | -24.3% |
| 2011 | 11.1% | +81.3% |
| 2012 | 7.3% | -34.2% |
| 2013 | 7.7% | +5.0% |
| 2014 | 2.1% | -72.9% |
| 2015 | 1.4% | -33.1% |
| 2016 | 1.1% | -19.4% |
| 2017 | 3.1% | +179.0% |
| 2018 | 2.0% | -37.4% |
| 2019 | 1.8% | -5.6% |
| 2020 | 1.6% | -14.8% |
| 2021 | 4.1% | +159.3% |
| 2022 | 12.0% | +193.3% |
| 2023 | 12.4% | +3.3% |
| 2024 | 4.7% | -62.2% |
| 2025 | 3.9% | -16.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 54.8% | 23.3% | 95.6% | 5 |
| 2000s | 26.1% | 6.4% | 95.0% | 10 |
| 2010s | 4.4% | 1.1% | 11.1% | 10 |
| 2020s | 6.4% | 1.6% | 12.4% | 6 |
Countries ranked near Serbia
- 64 Jamaica 4.0% compare
- 65 Slovakia 4.0% compare
- 66 Montenegro 3.9% compare
- 68 United Kingdom 3.9% compare
- 69 Dominican Republic 3.9% compare
- 70 Georgia 3.9% 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)
- GDP (current US$), annual growth rate 10.95 % change on previous year (2025)
- GDP (current US$), per capita 15,262 current US$ per person (2025)
- GDP (current LCU), annual growth rate 6.61 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 103.98 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 1.59 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 2.03 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.5769 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 8,804 constant 2015 US$ per person (2025)
Frequently asked questions
- What is inflation, consumer prices in Serbia?
- Inflation, consumer prices in Serbia was 3.9% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- 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 1.1% in 2016.
- How does Serbia rank for inflation, consumer prices?
- Serbia ranks 67th out of 191 countries with data for 2025.
- Is inflation, consumer prices rising or falling in Serbia?
- Over the last ten years it is up 179.4%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.