Serbia GDP Growth Rate 1996-2024

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Serbia gdp growth rate for 2023 was 2.53%, a 0.02% decline from 2022.
  • Serbia gdp growth rate for 2022 was 2.55%, a 5.18% decline from 2021.
  • Serbia gdp growth rate for 2021 was 7.73%, a 8.63% increase from 2020.
  • Serbia gdp growth rate for 2020 was -0.90%, a 5.23% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Guyana 33.02%
Armenia 8.70%
Fiji 8.03%
Samoa 7.99%
Mauritius 6.95%
Turkmenistan 6.30%
St. Vincent and the Grenadines 6.02%
Montenegro 5.98%
China 5.20%
Costa Rica 5.11%
Kazakhstan 5.10%
Iran 4.95%
Grenada 4.81%
Paraguay 4.71%
Dominica 4.71%
Belize 4.54%
Turkey 4.52%
Namibia 4.16%
Algeria 4.10%
Maldives 3.97%
Belarus 3.89%
Tuvalu 3.85%
Malaysia 3.68%
Russia 3.60%
Guatemala 3.48%
Albania 3.44%
Mexico 3.23%
Marshall Islands 3.23%
St. Lucia 3.19%
Brazil 2.91%
Botswana 2.73%
Jordan 2.62%
Serbia 2.53%
Dominican Republic 2.36%
Ecuador 2.36%
Gabon 2.26%
Jamaica 2.20%
Romania 2.15%
Suriname 2.08%
Thailand 1.88%
Bulgaria 1.85%
Bosnia 1.68%
Azerbaijan 1.12%
North Macedonia 1.03%
Nauru 0.70%
Colombia 0.61%
South Africa 0.60%
Peru -0.55%
Libya -1.67%
Iraq -2.94%
Equatorial Guinea -5.69%
Serbia GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2023 2.53% -0.02%
2022 2.55% -5.18%
2021 7.73% 8.63%
2020 -0.90% -5.23%
2019 4.33% -0.16%
2018 4.50% 2.39%
2017 2.10% -1.24%
2016 3.34% 1.53%
2015 1.81% 3.40%
2014 -1.59% -4.48%
2013 2.89% 3.57%
2012 -0.68% -2.72%
2011 2.04% 1.31%
2010 0.73% 3.46%
2009 -2.73% -8.39%
2008 5.66% -0.78%
2007 6.44% 1.33%
2006 5.11% -0.42%
2005 5.53% -3.50%
2004 9.03% 4.64%
2003 4.39% -1.99%
2002 6.38% -0.50%
2001 6.88% 0.75%
2000 6.13% 15.56%
1999 -9.42% -12.77%
1998 3.34% -3.87%
1997 7.21% 0.94%
1996 6.26% 0.94%