Inflation of consumer prices in Serbia

Serbia: Inflation of consumer prices was 3.89 in 2025. ◆ Volatile

Latest (2025)
3.89
Change on year
down 16.7%
World rank
67th
of 190 countries
All-time high
95.6
in 1996
All-time low
1.12
in 2016
Years of data
31
1995–2025

Inflation of consumer prices in Serbia, 1995–2025

0204060801001995201020251995: 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: 4.72025: 3.9

Source: Our World in Data.

Analysis

In 2025, inflation of consumer prices in Serbia stood at 3.89.

Compared with earlier readings it is down 16.7% on the previous year and up 179.4% over ten years.

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

That places Serbia 67th out of 190 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 of consumer prices in Serbia, year by year

Annual values for Inflation of consumer prices in Serbia, 1995 to 2025.
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%
2025 3.89 -16.7%

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 6.43 1.58 12.37 6

Countries ranked near Serbia

  1. 64 Jamaica 4 compare
  2. 65 Slovakia 4 compare
  3. 66 Montenegro 3.9 compare
  4. 68 United Kingdom 3.88 compare
  5. 69 Dominican Republic 3.87 compare
  6. 70 Georgia 3.87 compare

See the full ranking of 190 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is inflation of consumer prices in Serbia?
Inflation of consumer prices in Serbia was 3.89 in 2025, according to Our World in Data.
What is the highest inflation of consumer prices recorded in Serbia?
The highest recorded value was 95.6 in 1996.
What is the lowest inflation of consumer prices recorded in Serbia?
The lowest recorded value was 1.12 in 2016.
How does Serbia rank for inflation of consumer prices?
Serbia ranks 67th out of 190 countries with data for 2025.
Is inflation of 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 Our World in Data, published as part of Inflation of consumer prices. Statizoid updates them automatically from the source API.

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Inflation of consumer prices in Serbia. Statizoid, drawing on Our World in Data. Retrieved 27 August 2026, from https://economy.statizoid.com/stat/inflation-of-consumer-prices/serbia/

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About this data

Indicator
Inflation of consumer prices
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
190 places, 9,110 data points, 1960–2025
Last refreshed