The economy of Serbia is a developing service-based upper-middle income economy, with the tertiary sector accounting for two-thirds of total gross domestic product (GDP). The economy functions on the principles of the free market.

Oct 22, 2024 · Economic Outlook. The Serbian economy is expected to grow at around 4% over the medium-term, driven primarily by consumption and to some extent by investment. There are both up and downside risks. Downside risks relate to the impact of climate change on agriculture and infrastructure.

Real GDP growth will pick up in 2024-28, averaging more than 3% per year, as positive pass-through effects from capital inflows support the economy. Read more: SNS secures a strong mandate for government in Serbia. Read more: Serbia between East and West in 2024

Find Serbia’s latest economic outlook here - with historical data, analysis and expert forecasts from the world’s leading economists.

Discover Serbia's dynamic economy, with a GDP of over $63 billion and a diverse landscape of agriculture, manufacturing, and services. Explore its growth potential and challenges ahead!

Serbia's economic growth accelerated in the first half of 2024 leading to an increase in projected GDP growth for the year to 3.8%—higher than the previously projected figure of 3.5% thanks to a better-than-expected performance of the construction and services sectors in …

Worldwide gross domestic product in 2023 was at about 13,164 USD per capita. GDP in Serbia, on the other hand, reached USD 12,282 per capita, or 81.34 billion USD for the whole country. Serbia is therefore currently ranked 79 of the major economies. Inflation in Serbia in 2023 was around 12.37%.

GDP growth (annual %) - Serbia. World Bank national accounts data, and OECD National Accounts data files. License: CC BY-4.0 ...

Data ranges from -9.42 to 9.03. Data Source: World Development Indicators | Download Dataset. For Regional and Income Group breakdowns, visit: World Bank Country and Lending Groups. Explore Serbia economic data on Prosperity Data360.

Serbia economy rankings: GDP - 84, GDP growth 5-year average - 131, GPD per capita - 90, economic freedom index - 69, business freedom index - 54 ...