Share of household consumption in GDP vs. GDP per capita in Serbia

Serbia: Share of household consumption in GDP vs. GDP per capita was 60.8% in 2023. ▼ Falling

Latest (2023)
60.8%
Change on year
down 3.6%
World rank
95th
of 184 countries
All-time high
75.5%
in 1996
All-time low
60.2%
in 2020
Years of data
34
1990–2023

Share of household consumption in GDP vs. GDP per capita in Serbia, 1990–2023

0204060801990200620231990: 72.1 % of GDP1991: 71.6 % of GDP1992: 71.8 % of GDP1993: 73 % of GDP1994: 72.8 % of GDP1995: 72.3 % of GDP1996: 75.5 % of GDP1997: 71.9 % of GDP1998: 68.4 % of GDP1999: 66.5 % of GDP2000: 64.6 % of GDP2001: 66.8 % of GDP2002: 66.5 % of GDP2003: 64.2 % of GDP2004: 68.1 % of GDP2005: 63.7 % of GDP2006: 65.1 % of GDP2007: 66.8 % of GDP2008: 66.3 % of GDP2009: 64.9 % of GDP2010: 65.8 % of GDP2011: 65.3 % of GDP2012: 66 % of GDP2013: 64.2 % of GDP2014: 64.9 % of GDP2015: 63.5 % of GDP2016: 62.7 % of GDP2017: 61.7 % of GDP2018: 61.4 % of GDP2019: 61 % of GDP2020: 60.2 % of GDP2021: 60.6 % of GDP2022: 63.1 % of GDP2023: 60.8 % of GDP

Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for share of household consumption in gdp vs. gdp per capita in Serbia is 60.8%, measured in 2023.

The figure is down 3.6% on the previous year and down 5.3% over ten years.

Over the whole period, share of household consumption in gdp vs. gdp per capita in Serbia peaked at 75.5% in 1996 and was at its lowest, 60.2%, in 2020.

Serbia ranks 95th of 184 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 34 years of available data.

Share of household consumption in GDP vs. GDP per capita in Serbia, year by year

Annual values for Share of household consumption in GDP vs. GDP per capita in Serbia, 1990 to 2023.
Year % of GDP Change
1990 72.1%
1991 71.6% -0.6%
1992 71.8% +0.2%
1993 73.0% +1.6%
1994 72.8% -0.3%
1995 72.3% -0.6%
1996 75.5% +4.4%
1997 71.9% -4.7%
1998 68.4% -5.0%
1999 66.5% -2.8%
2000 64.6% -2.8%
2001 66.8% +3.4%
2002 66.5% -0.5%
2003 64.2% -3.5%
2004 68.1% +6.1%
2005 63.7% -6.4%
2006 65.1% +2.2%
2007 66.8% +2.6%
2008 66.3% -0.7%
2009 64.9% -2.2%
2010 65.8% +1.3%
2011 65.3% -0.7%
2012 66.0% +1.1%
2013 64.2% -2.8%
2014 64.9% +1.1%
2015 63.5% -2.2%
2016 62.7% -1.2%
2017 61.7% -1.6%
2018 61.4% -0.5%
2019 61.0% -0.7%
2020 60.2% -1.2%
2021 60.6% +0.6%
2022 63.1% +4.1%
2023 60.8% -3.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 71.6% 66.5% 75.5% 10
2000s 65.7% 63.7% 68.1% 10
2010s 63.7% 61.0% 66.0% 10
2020s 61.2% 60.2% 63.1% 4

Countries ranked near Serbia

  1. 92 Lao People's Democratic Republic 61.7% compare
  2. 93 Nigeria 61.3% compare
  3. 94 Peru 61.0% compare
  4. 96 Curaçao 60.5% compare
  5. 97 United Kingdom of Great Britain and Northern Ireland 60.5% compare
  6. 98 Costa Rica 60.0% compare

See the full ranking of 184 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is share of household consumption in gdp vs. gdp per capita in Serbia?
Share of household consumption in gdp vs. gdp per capita in Serbia was 60.8% in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
What is the highest share of household consumption in gdp vs. gdp per capita recorded in Serbia?
The highest recorded value was 75.5% in 1996.
What is the lowest share of household consumption in gdp vs. gdp per capita recorded in Serbia?
The lowest recorded value was 60.2% in 2020.
How does Serbia rank for share of household consumption in gdp vs. gdp per capita?
Serbia ranks 95th out of 184 countries with data for 2023.
Is share of household consumption in gdp vs. gdp per capita rising or falling in Serbia?
Over the last ten years it is down 5.3%. The long-run trend across the full record is falling.
Where does this Serbia data come from?
The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Share of household consumption in GDP vs. GDP per capita. Statizoid updates them automatically from the source API.

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Share of household consumption in GDP vs. GDP per capita in Serbia. Statizoid, drawing on Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Retrieved 11 September 2026, from https://economy.statizoid.com/stat/share-of-household-consumption-in-gdp-vs-gdp-per-capita/serbia/

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About this data

Indicator
Share of household consumption in GDP vs. GDP per capita
Unit
% of GDP
Source
Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed

Household consumption divided by gross domestic product, expressed as a percentage.