Serbia Inflation Rate 1995-2021

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Serbia inflation rate for 2020 was 1.58%, a 0.27% decline from 2019.
  • Serbia inflation rate for 2019 was 1.85%, a 0.11% decline from 2018.
  • Serbia inflation rate for 2018 was 1.96%, a 1.17% decline from 2017.
  • Serbia inflation rate for 2017 was 3.13%, a 2.01% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 84.86%
Turkey 12.28%
Kazakhstan 6.75%
Belarus 5.55%
Jamaica 5.23%
Equatorial Guinea 4.77%
Dominican Republic 3.78%
Mexico 3.40%
Russia 3.38%
South Africa 3.22%
Guatemala 3.21%
Brazil 3.21%
Azerbaijan 2.76%
Romania 2.63%
Mauritius 2.58%
Colombia 2.52%
China 2.42%
Algeria 2.42%
Namibia 2.21%
Botswana 1.89%
Peru 1.83%
Paraguay 1.77%
Bulgaria 1.67%
Albania 1.62%
Serbia 1.58%
Gabon 1.37%
Armenia 1.21%
North Macedonia 1.20%
Costa Rica 0.72%
Jordan 0.33%
Montenegro -0.26%
Ecuador -0.34%
Thailand -0.85%
Bosnia -1.05%
Malaysia -1.14%
Maldives -1.37%
Samoa -1.57%
Serbia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2020 1.58% -0.27%
2019 1.85% -0.11%
2018 1.96% -1.17%
2017 3.13% 2.01%
2016 1.12% -0.27%
2015 1.39% -0.69%
2014 2.08% -5.61%
2013 7.69% 0.36%
2012 7.33% -3.81%
2011 11.14% 4.99%
2010 6.14% -1.97%
2009 8.12% -4.29%
2008 12.41% 6.02%
2007 6.39% -5.33%
2006 11.72% -4.40%
2005 16.12% 5.09%
2004 11.03% 1.15%
2003 9.88% -9.61%
2002 19.49% -75.51%
2001 95.01% 23.88%
2000 71.12% 28.67%
1999 42.45% 12.29%
1998 30.16% 6.85%
1997 23.31% -72.29%
1996 95.60% 12.94%
1995 82.66% 12.94%