Annual GDP growth in Serbia
Serbia: Annual GDP growth was 2.0% in 2025. ◆ Volatile
Annual GDP growth in Serbia, 1998–2025
Source: International Monetary Fund (2026) – with minor processing by Our World in Data. Measured in %.
Analysis
The most recent figure for annual gdp growth in Serbia is 2.0%, measured in 2025.
That represents a change of down 48.6% on the previous year and up 56.6% over ten years.
Over the whole period, annual gdp growth in Serbia peaked at 7.9% in 2021 and was at its lowest, -10.3%, in 1999.
That places Serbia 146th out of 196 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.
Annual GDP growth in Serbia, year by year
| Year | % | Change |
|---|---|---|
| 1998 | 5.3% | — |
| 1999 | -10.3% | -293.3% |
| 2000 | 6.1% | -158.6% |
| 2001 | 6.8% | +12.0% |
| 2002 | 6.5% | -3.5% |
| 2003 | 4.6% | -30.3% |
| 2004 | 6.7% | +46.6% |
| 2005 | 5.9% | -11.7% |
| 2006 | 3.9% | -33.9% |
| 2007 | 7.8% | +100.8% |
| 2008 | 5.2% | -34.1% |
| 2009 | -3.1% | -160.9% |
| 2010 | 1.6% | -151.3% |
| 2011 | 0.1% | -96.6% |
| 2012 | -0.4% | -922.2% |
| 2013 | 0.5% | -201.8% |
| 2014 | -1.8% | -499.1% |
| 2015 | 1.3% | -171.8% |
| 2016 | 3.0% | +129.6% |
| 2017 | 2.4% | -20.6% |
| 2018 | 4.6% | +96.7% |
| 2019 | 4.8% | +2.2% |
| 2020 | -0.9% | -120.0% |
| 2021 | 7.9% | -936.7% |
| 2022 | 2.7% | -66.0% |
| 2023 | 3.7% | +38.7% |
| 2024 | 4.0% | +5.4% |
| 2025 | 2.0% | -48.6% |
Serbia compared with similar countries
- Serbia's 2.0% is below the median for upper middle income countries, which is 3.5%, 58% of the median. (57 countries reporting)
- Serbia's 2.0% is below the median for Europe & Central Asia, which is 2.5%, 80% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth 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.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +936.7% | -0.9% | 7.9% |
| 2012 | -922.2% | 0.1% | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -2.5% | -10.3% | 5.3% | 2 |
| 2000s | 5.0% | -3.1% | 7.8% | 10 |
| 2010s | 1.6% | -1.8% | 4.8% | 10 |
| 2020s | 3.2% | -0.9% | 7.9% | 6 |
Countries ranked near Serbia
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.33 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0133 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 203.25 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.94 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -29.57 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0394 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 600.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.03 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Serbia?
- Annual gdp growth in Serbia was 2.0% in 2025, according to International Monetary Fund (2026) – with minor processing by Our World in Data.
- What is the highest annual gdp growth recorded in Serbia?
- The highest recorded value was 7.9% in 2021.
- What is the lowest annual gdp growth recorded in Serbia?
- The lowest recorded value was -10.3% in 1999.
- How does Serbia rank for annual gdp growth?
- Serbia ranks 146th out of 196 countries with data for 2025.
- Is annual gdp growth rising or falling in Serbia?
- Over the last ten years it is up 56.6%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from International Monetary Fund (2026) – with minor processing by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
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About this data
Annual percent change in gross domestic product. This data is adjusted for inflation.