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Indicators of economy in Serbia

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.181 US Dollar per capita. The GDP in Serbia reached 7.412 US Dollar per capita. The gross national product has been at 7.030 US Dollar per capita. Serbia is therefore currently ranked 88 of the major economies.

Inflation in Serbia was in 2019 at around 1.85%. For the the EU, the average of the same was year at 1.63%.

Compared to Germany, the prices for convenience goods are approximately 46.90% lower.
The Corruption Perceptions Index for the public sector counts 39 and is compared to other countries bad.


Back to overview: Serbia

Unemployment rates in percent 1991 - 2020

Economic performance 2019

 Serbia
Total
Serbia
per capita
EU
Total
EU
per capita
GDP51.48 bn USD7,411.84 USD15,626.45 tn USD30,381.17 USD
Gross national product48.85 bn USD7,033.59 USD16,026.52 tn USD31,158.99 USD


Serbia ranked 48th in the Bloomberg Innovation Index in 2021. The index is calculated annually and most recently included 60 countries. The front-runner was South Korea.

Development of the Gross domestic product in billion US Dollar 1995 - 2019



Im- and Exports 2019

 Serbia
Total
Serbia
per capita
EU
Total
EU
per capita
Imports31.29 bn USD4,505.80 USD8,073.39 bn USD15,696.41 USD
Exports26.18 bn USD3,770.10 USD8,622.21 bn USD16,763.44 USD


Development of imports and exports in billion US dollars 2007 - 2019

Exports
Imports