Development of inflation rates in Serbia
The inflation rate for consumer prices in Serbia moved over the past 24 years between 1.1% and 95.6%. For 2019, an inflation rate of 1.8% was calculated.
During the observation period from 1995 to 2019, the average inflation rate was 24.1%
per year. Overall, the price increase was 10,087.76 %. An item that cost 100 Dinar in 1995 was so charged 10,187.76 Dinar in the beginning of 2020.
In only a very few countries, the price increase is that high. The rate of 95.6% in 1996 means, that compared to the previous year all prices have been increased by an average of 95.6%. In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.Back to overview: Serbia