Serbia Inflation Rate 1995-2020

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 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.
  • Serbia inflation rate for 2016 was 1.12%, a 0.27% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Iran 39.91%
Turkey 15.18%
Belarus 5.60%
Kazakhstan 5.25%
Russia 4.47%
South Africa 4.12%
Jamaica 3.91%
Romania 3.83%
Brazil 3.73%
Namibia 3.73%
Guatemala 3.70%
Mexico 3.64%
Colombia 3.53%
Bulgaria 3.10%
Lebanon 3.01%
China 2.90%
Botswana 2.77%
Paraguay 2.76%
Azerbaijan 2.61%
Gabon 2.46%
Peru 2.14%
Costa Rica 2.10%
Guyana 2.09%
Algeria 1.95%
Serbia 1.85%
Dominican Republic 1.81%
Fiji 1.77%
Armenia 1.44%
Albania 1.41%
Equatorial Guinea 1.24%
Samoa 0.98%
North Macedonia 0.77%
Jordan 0.76%
Thailand 0.71%
Malaysia 0.66%
Bosnia 0.56%
Mauritius 0.41%
Ecuador 0.27%
Maldives 0.22%
Serbia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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%