PPP conversion factor, GDP in Serbia

Serbia: PPP conversion factor, GDP was 46.8 LCU per international $ in 2025. ▲ Rising

Latest (2025)
46.8 LCU per international $
Change on year
up 3.8%
World rank
59th
of 205 countries
All-time high
46.8 LCU per international $
in 2025
All-time low
1.66 LCU per international $
in 1995
Years of data
31
1995–2025

PPP conversion factor, GDP in Serbia, 1995–2025

010203040501995201020251995: 1.7 LCU per international $1996: 3 LCU per international $1997: 3.5 LCU per international $1998: 4.3 LCU per international $1999: 5.5 LCU per international $2000: 9.6 LCU per international $2001: 17.8 LCU per international $2002: 20.4 LCU per international $2003: 22.6 LCU per international $2004: 24.1 LCU per international $2005: 27 LCU per international $2006: 28.8 LCU per international $2007: 30.4 LCU per international $2008: 31.3 LCU per international $2009: 33.2 LCU per international $2010: 34.8 LCU per international $2011: 36.3 LCU per international $2012: 38 LCU per international $2013: 39.3 LCU per international $2014: 39.8 LCU per international $2015: 40.7 LCU per international $2016: 40.5 LCU per international $2017: 40.8 LCU per international $2018: 41 LCU per international $2019: 39.6 LCU per international $2020: 39.8 LCU per international $2021: 41.1 LCU per international $2022: 42.8 LCU per international $2023: 44.7 LCU per international $2024: 45.1 LCU per international $2025: 46.8 LCU per international $

Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.

Analysis

Serbia recorded 46.8 LCU per international $ for ppp conversion factor, gdp in 2025. That is the highest value across all 31 years on record.

That represents a change of up 3.8% on the previous year and up 14.9% over ten years.

Over the whole period, ppp conversion factor, gdp in Serbia peaked at 46.8 LCU per international $ in 2025 and was at its lowest, 1.66 LCU per international $, in 1995.

That places Serbia 59th out of 205 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 31 years of available data.

PPP conversion factor, GDP in Serbia, year by year

Annual values for PPP conversion factor, GDP (LCU per international $) in Serbia, 1995 to 2025.
Year LCU per international $ Change
1995 1.66 LCU per international $
1996 3.02 LCU per international $ +82.2%
1997 3.5 LCU per international $ +15.9%
1998 4.31 LCU per international $ +23.2%
1999 5.48 LCU per international $ +27.1%
2000 9.6 LCU per international $ +75.2%
2001 17.83 LCU per international $ +85.8%
2002 20.36 LCU per international $ +14.2%
2003 22.64 LCU per international $ +11.2%
2004 24.1 LCU per international $ +6.4%
2005 27.03 LCU per international $ +12.2%
2006 28.83 LCU per international $ +6.7%
2007 30.42 LCU per international $ +5.5%
2008 31.32 LCU per international $ +3.0%
2009 33.25 LCU per international $ +6.1%
2010 34.84 LCU per international $ +4.8%
2011 36.32 LCU per international $ +4.2%
2012 37.98 LCU per international $ +4.6%
2013 39.32 LCU per international $ +3.5%
2014 39.8 LCU per international $ +1.2%
2015 40.74 LCU per international $ +2.4%
2016 40.45 LCU per international $ -0.7%
2017 40.82 LCU per international $ +0.9%
2018 41 LCU per international $ +0.4%
2019 39.65 LCU per international $ -3.3%
2020 39.76 LCU per international $ +0.3%
2021 41.11 LCU per international $ +3.4%
2022 42.82 LCU per international $ +4.2%
2023 44.71 LCU per international $ +4.4%
2024 45.08 LCU per international $ +0.8%
2025 46.8 LCU per international $ +3.8%

Serbia compared with similar countries

  • Serbia's 46.8 LCU per international $ is above the median for upper middle income countries, which is 7.46 LCU per international $, 6.3× the median. (58 countries reporting)
  • Serbia's 46.8 LCU per international $ is above the median for Europe & Central Asia, which is 0.8325 LCU per international $, 56.2× the median. (53 countries reporting)

Biggest year-on-year movements

Years where PPP conversion factor, 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.

YearChange FromTo
2001 +85.8% 9.6 LCU per international $ 17.83 LCU per international $
1996 +82.2% 1.66 LCU per international $ 3.02 LCU per international $
2000 +75.2% 5.48 LCU per international $ 9.6 LCU per international $

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.59 LCU per international $ 1.66 LCU per international $ 5.48 LCU per international $ 5
2000s 24.54 LCU per international $ 9.6 LCU per international $ 33.25 LCU per international $ 10
2010s 39.09 LCU per international $ 34.84 LCU per international $ 41 LCU per international $ 10
2020s 43.38 LCU per international $ 39.76 LCU per international $ 46.8 LCU per international $ 6

Countries ranked near Serbia

  1. 56 Djibouti 82.12 LCU per international $ compare
  2. 57 Guyana 69.03 LCU per international $ compare
  3. 58 Pakistan 67.84 LCU per international $ compare
  4. 60 Cape Verde 46.63 LCU per international $ compare
  5. 61 Kenya 43.55 LCU per international $ compare
  6. 62 Algeria 42.85 LCU per international $ compare

See the full ranking of 205 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is ppp conversion factor, gdp in Serbia?
Ppp conversion factor, gdp in Serbia was 46.8 LCU per international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
What is the highest ppp conversion factor, gdp recorded in Serbia?
The highest recorded value was 46.8 LCU per international $ in 2025.
What is the lowest ppp conversion factor, gdp recorded in Serbia?
The lowest recorded value was 1.66 LCU per international $ in 1995.
How does Serbia rank for ppp conversion factor, gdp?
Serbia ranks 59th out of 205 countries with data for 2025.
Is ppp conversion factor, gdp rising or falling in Serbia?
Over the last ten years it is up 14.9%. The long-run trend across the full record is rising.
Where does this Serbia data come from?
The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.

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PPP conversion factor, GDP in Serbia. Statizoid, drawing on International Comparison Program (ICP), World Bank (WB). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/ppp-conversion-factor-gdp-lcu-per-international/serbia/

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About this data

Indicator
PPP conversion factor, GDP (LCU per international $)
Unit
LCU per international $
Source
International Comparison Program (ICP), World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
205 places, 7,060 data points, 1990–2025
Last refreshed

The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.