Serbia in figures

Serbia's series start from government debt equal to 200.6% of GDP in 2000 and a 95.0% rise in consumer prices in 2001. Debt was down to 29.4% of GDP by 2008. The economy reached $100.0 billion in current dollars in 2025, while the population fell in every year to 6,549,143 in 2025.

GDP

$100.0 bn

2025

from $7.3 bn in 2000

GDP per person

$15 262

2025

from $975 in 2000

Real growth

2.0%

2025

from 6.1% in 2000

Inflation

3.9%

2025

from 71.1% in 2000

Unemployment

7.1%

2025

from 12.6% in 2000

Government debt

42.4%of GDP

2025

from 200.6% in 2000

Economy

How large Serbia's economy is, how fast it grows and what it is made of

Every year from 2000 to 2008 brought growth of between 3.9% and 7.8%. Then output fell 3.1% in 2009. The next five years brought growth of 0.1% in 2011 and falls of 0.4% in 2012 and 1.8% in 2014. The fastest year was 2021, at 8.0%; growth was 2.0% in 2025, and the IMF projected 2.8% for 2026 and 3.5% from 2027. GDP per person at purchasing power rose from $6,416 in 2000 to $33,910 in 2025. The share of agriculture, forestry and fishing in GDP fell from 14.7% in 2000 to 3.3% in 2025. Manufacturing fell from 28.1% of GDP in 2000 to 12.7% in 2024, and services rose from 42.2% in 2000 to 59.7% in 2025. Industry, construction included, accounted for 22.3% in 2025.

GDP, current US dollars

$100.0 bn2025

World Bank
Data
YearGDP, current US dollars
2025$100.0 bn
2024$90.1 bn
2023$81.3 bn
2022$66.8 bn
2021$66.2 bn
2020$55.9 bn
2019$53.9 bn
2018$52.8 bn
2017$46.0 bn
2016$42.2 bn
2015$41.3 bn
2014$49.1 bn
2013$50.5 bn
2012$45.1 bn
2011$51.3 bn
2010$43.5 bn
2009$47.0 bn
2008$54.2 bn
2007$44.9 bn
2006$33.3 bn
2005$28.3 bn
2004$26.8 bn
2003$23.6 bn
2002$17.9 bn
2001$13.6 bn
2000$7.3 bn

Series World Bank NY.GDP.MKTP.CD

Real GDP growth

2.0%2025

World Bank · IMF World Economic Outlook
Data
YearGrowth
2031 (projection)3.5%
2030 (projection)3.5%
2029 (projection)3.5%
2028 (projection)3.5%
2027 (projection)3.5%
2026 (projection)2.8%
20252.0%
20244.0%
20233.8%
20222.7%
20218.0%
2020−0.9%
20194.8%
20184.7%
20172.4%
20163.0%
20151.3%
2014−1.8%
20130.5%
2012−0.4%
20110.1%
20101.6%
2009−3.1%
20085.2%
20077.8%
20063.9%
20055.9%
20046.7%
20034.6%
20026.5%
20016.8%
20006.1%

Series World Bank NY.GDP.MKTP.KD.ZG · IMF World Economic Outlook NGDP_RPCH

GDP per person

$15 2622025

At market exchange ratesAt purchasing power parity

World Bank
Data
YearGDP per personAt purchasing power
2025$15 262$33 910
2024$13 678$32 832
2023$12 282$29 777
2022$10 025$26 143
2021$9 681$23 406
2020$8 099$21 013
2019$7 756$20 587
2018$7 560$18 469
2017$6 548$17 285
2016$5 982$16 455
2015$5 820$15 546
2014$6 887$15 296
2013$7 040$15 247
2012$6 263$14 506
2011$7 082$14 298
2010$5 971$13 320
2009$6 414$13 038
2008$7 377$13 123
2007$6 081$11 685
2006$4 493$10 463
2005$3 808$9 398
2004$3 597$8 715
2003$3 154$8 023
2002$2 391$7 563
2001$1 812$6 803
2000$975$6 416

Series World Bank NY.GDP.PCAP.CD · World Bank NY.GDP.PCAP.PP.CD

Value added, share of GDP

Manufacturing has its own band and is left out of other industry. The remainder is taxes on products less subsidies, which the national accounts add to reach GDP.

200042%28%15%8%
202560%22%15%
  • Services
  • Manufacturing
  • Other industry and construction
  • Agriculture, forestry, fishing
  • Taxes less subsidies
World Bank

Prices and work

What prices and jobs did

Inflation dropped from 95.0% in 2001 to 19.5% in 2002. It did not stay down. It returned to double figures at 16.1% in 2005 and 12.4% in 2008, and reached its low of 1.1% in 2016. Consumer prices went up 12.0% in 2022 and 12.4% in 2023, and 3.9% in 2025. Joblessness hit 24.0% in 2012 and fell to 7.1% in 2025, its lowest; among people aged 15 to 24 it went from 51.2% to 20.9% over those years.

Inflation, consumer prices

3.9%2025

World Bank · IMF World Economic Outlook
Data
YearInflation
2031 (projection)3.0%
2030 (projection)3.0%
2029 (projection)3.0%
2028 (projection)3.0%
2027 (projection)4.9%
2026 (projection)5.2%
20253.9%
20244.7%
202312.4%
202212.0%
20214.1%
20201.6%
20191.9%
20182.0%
20173.1%
20161.1%
20151.4%
20142.1%
20137.7%
20127.3%
201111.1%
20106.1%
20098.1%
200812.4%
20076.4%
200611.7%
200516.1%
200411.0%
20039.9%
200219.5%
200195.0%
200071.1%

Series World Bank FP.CPI.TOTL.ZG · IMF World Economic Outlook PCPIPCH

Unemployment

7.1%2025

All agesAges 15 to 24

World Bank
Data
YearUnemploymentAges 15 to 24
20257.1%20.9%
20247.2%21.4%
20238.3%24.1%
20228.4%23.3%
20219.8%24.5%
20209.0%26.6%
201910.4%27.5%
201812.7%29.7%
201713.5%31.9%
201615.3%35.0%
201517.7%43.2%
201419.2%47.6%
201322.1%49.5%
201224.0%51.2%
201123.0%51.2%
201019.2%46.4%
200916.1%41.4%
200813.7%35.1%
200718.1%43.6%
200620.9%48.0%
200520.9%47.1%
200418.5%41.7%
200315.2%35.1%
200213.8%31.3%
200112.8%28.7%
200012.6%28.0%

Series World Bank SL.UEM.TOTL.ZS · World Bank SL.UEM.1524.ZS

Trade

How open the economy is

Exports equalled 8.2% of GDP in 2000 and imports 12.9%; in 2001 they were 19.7% and 34.2%. Both peaked in 2022, at 60.7% and 71.2%. In 2025 exports came to 54.3% of GDP and imports to 58.6%. The current account deficit reached 19.4% of GDP in 2008 and was 4.9% in 2025.

Exports and imports, share of GDP

54.3%2025

ExportsImports

World Bank
Data
YearExports of goods and servicesImports
202554.3%58.6%
202453.6%58.1%
202355.1%59.4%
202260.7%71.2%
202152.3%60.0%
202046.1%54.2%
201949.0%58.6%
201848.7%56.9%
201748.1%54.6%
201646.5%51.2%
201543.4%50.1%
201440.3%48.1%
201338.2%46.1%
201234.4%47.6%
201131.7%44.0%
201031.0%42.7%
200925.3%38.2%
200827.4%48.4%
200726.3%46.5%
200629.0%46.6%
200527.6%44.4%
200424.5%47.8%
200322.1%36.2%
200219.2%35.1%
200119.7%34.2%
20008.2%12.9%

Series World Bank NE.EXP.GNFS.ZS · World Bank NE.IMP.GNFS.ZS

Current account balance, share of GDP

−4.9%2025

World Bank
Data
YearCurrent account balance
2025−4.9%
2024−4.6%
2023−2.4%
2022−6.7%
2021−4.0%
2020−3.9%
2019−6.6%
2018−4.7%
2017−5.0%
2016−2.8%
2015−3.3%
2014−5.4%
2013−5.5%
2012−10.5%
2011−9.9%
2010−6.2%
2009−6.0%
2008−19.4%
2007−16.8%

Series World Bank BN.CAB.XOKA.GD.ZS

Foreign direct investment, net inflows, share of GDP

3.9%2025

World Bank
Data
YearForeign direct investment, net inflows
20253.9%
20246.2%
20236.1%
20226.9%
20217.0%
20206.2%
20197.9%
20187.7%
20176.3%
20165.6%
20155.7%
20144.1%
20134.1%
20122.8%
20119.6%
20103.9%
20096.2%
20087.5%
20079.8%

Series World Bank BX.KLT.DINV.WD.GD.ZS

Public finances

What the state owes and borrows

Debt dropped from 200.6% of GDP in 2000 to 29.4% in 2008, climbed to 67.1% in 2015 and was 42.4% in 2025. The IMF projected little change. For 2031 it projected 42.1%. In 2017 the budget showed a surplus of 1.3% of GDP; in 2020 the deficit was 6.9%. Taxes brought in 23.9% of GDP in 2022, against 20.5% in 2007.

General government gross debt, share of GDP

42.4%2025

IMF World Economic Outlook
Data
YearGeneral government gross debt
2031 (projection)42.1%
2030 (projection)42.4%
2029 (projection)42.6%
2028 (projection)42.7%
2027 (projection)43.0%
2026 (projection)42.6%
202542.4%
202444.1%
202345.7%
202250.9%
202153.6%
202054.3%
201949.5%
201851.1%
201755.3%
201665.0%
201567.1%
201463.5%
201361.2%
201258.0%
201146.0%
201042.4%
200935.3%
200829.4%
200730.0%
200637.0%
200550.1%
200457.6%
200364.4%
200268.4%
200195.9%
2000200.6%

Series IMF World Economic Outlook GGXWDG_NGDP

Government net lending or borrowing, share of GDP

−2.2%2025

Below zero the government borrowed.

IMF World Economic Outlook
Data
YearGeneral government net lending or borrowing
2031 (projection)−1.9%
2030 (projection)−1.9%
2029 (projection)−2.4%
2028 (projection)−2.5%
2027 (projection)−2.9%
2026 (projection)−2.9%
2025−2.2%
2024−1.7%
2023−1.2%
2022−0.1%
2021−3.2%
2020−6.9%
20190.0%
20180.8%
20171.3%
2016−1.1%
2015−3.2%
2014−5.6%
2013−4.8%
2012−6.1%
2011−3.8%
2010−3.3%
2009−3.3%
2008−4.3%
2007−0.8%
2006−0.9%
20051.0%
20040.1%
2003−2.4%
2002−2.3%
20010.3%
2000−0.1%

Series IMF World Economic Outlook GGXCNL_NGDP

Tax revenue, share of GDP

23.9%2022

World Bank
Data
YearTax revenue
202223.9%
202119.7%
202022.4%
201923.0%
201822.6%
201723.1%
201622.4%
201521.5%
201421.1%
201320.0%
201217.8%
201118.3%
201019.4%
200919.2%
200820.4%
200720.5%

Series World Bank GC.TAX.TOTL.GD.ZS

People

Who lives in Serbia

The population fell every year. World Bank estimates put it at 7,516,346 in 2000 and 6,549,143 in 2025, and the steepest fall, 2.5%, came in 2022. Net migration was negative from 2012 to 2021, with an outflow of 18,891 in 2019, and positive in 2022, at 40,118. Deaths reached 20.0 per 1,000 people in 2021 and were 14.9 in 2024, against 9.2 births. Births per woman reached 1.64 in 2024, the most in the series. People aged 65 or over made up 23.1% of residents in 2025.

Population

6.55 m2025

The axis does not start at zero, so the change looks larger than it is.

World Bank
Data
YearPopulation
20256.55 m
20246.59 m
20236.62 m
20226.66 m
20216.83 m
20206.90 m
20196.95 m
20186.98 m
20177.02 m
20167.06 m
20157.10 m
20147.13 m
20137.17 m
20127.20 m
20117.24 m
20107.29 m
20097.32 m
20087.35 m
20077.38 m
20067.41 m
20057.44 m
20047.46 m
20037.48 m
20027.50 m
20017.50 m
20007.52 m

Series World Bank SP.POP.TOTL

Age structure, share of the population
65 and over23.1%15 to 6462.7%Under 1514.3%
World Bank
Data
YearAged 0 to 1415 to 6465 and over
202514.3%62.7%23.1%
202414.3%63.0%22.7%
202314.3%63.3%22.3%
202214.3%63.6%22.1%
202114.3%63.8%21.9%
202014.3%64.2%21.6%
201914.3%64.7%21.1%
201814.3%65.3%20.5%
201714.3%65.8%19.9%
201614.3%66.3%19.4%
201514.3%66.8%18.9%
201414.3%67.3%18.4%
201314.3%67.7%17.9%
201214.3%68.1%17.6%
201114.4%68.2%17.4%
201014.5%68.2%17.4%
200914.6%68.0%17.4%
200814.7%67.8%17.4%
200714.9%67.7%17.4%
200615.0%67.6%17.4%
200515.2%67.5%17.3%
200415.4%67.4%17.2%
200315.6%67.4%17.0%
200215.8%67.5%16.7%
200116.1%67.5%16.4%
200016.4%67.5%16.1%

Series World Bank SP.POP.0014.TO.ZS · World Bank SP.POP.1564.TO.ZS · World Bank SP.POP.65UP.TO.ZS

Births per woman

1.642024

World Bank
Data
YearBirths per woman
20241.64
20231.62
20221.59
20211.52
20201.48
20191.52
20181.49
20171.49
20161.46
20151.46
20141.46
20131.43
20121.45
20111.40
20101.40
20091.44
20081.40
20071.38
20061.43
20051.45
20041.57
20031.59
20021.57
20011.58
20001.48

Series World Bank SP.DYN.TFRT.IN

Life expectancy at birth

76.0 years2024

World Bank
Data
YearLife expectancy at birth
202476.0 years
202376.1 years
202275.2 years
202172.8 years
202074.5 years
201975.9 years
201875.9 years
201775.5 years
201675.7 years
201575.3 years
201475.3 years
201375.2 years
201274.8 years
201174.5 years
201074.3 years
200974.0 years
200873.9 years
200773.6 years
200673.4 years
200572.8 years
200472.7 years
200372.4 years
200272.3 years
200172.2 years
200071.6 years

Series World Bank SP.DYN.LE00.IN

Net migration

−13 0862025

People arriving less people leaving, each year. The largest net inflow in the series was 40 118 people, in 2022.

World Bank
Data
YearNet migration
2025−13 086
2024−8 132
20234 348
202240 118
2021−8 974
2020−10 220
2019−18 891
2018−18 883
2017−18 651
2016−18 322
2015−18 789
2014−18 846
2013−17 866
2012−18 513
2011611
20103 632
20096 043
20087 070
20077 045
20068 018
20057 945
20047 300
20036 854
20021 562
2001−12 007
2000−14 368

Series World Bank SM.POP.NETM

Living standards

Health, schooling, the internet and inequality

Internet use, first recorded at 23.5% of people in 2004, reached 87.7% in 2024. The Gini coefficient went from 27.6 in 2008 to 40.5 in 2015 and was 32.8 in 2023. Health spending was 8.0% of GDP in 2023 and public spending on education 3.4%. Adult literacy reached 99.3% in 2022.

Health spending, share of GDP

8.0%2023

World Bank
Data
YearHealth spending
20238.0%
20228.6%
20219.2%
20208.3%
20198.3%
20188.2%
20177.9%
20168.2%
20158.5%
20148.9%
20138.9%
20129.0%
20118.8%
20109.2%
20099.0%
20089.1%
20079.0%
20068.3%
20058.1%
20047.6%
20037.3%
20027.3%
20016.2%
20005.8%

Series World Bank SH.XPD.CHEX.GD.ZS

Public spending on education, share of GDP

3.4%2023

World Bank
Data
YearPublic spending on education
20233.4%
20223.1%
20213.1%
20193.5%
20183.4%
20173.6%
20163.5%
20114.1%
20094.3%
20074.0%

Series World Bank SE.XPD.TOTL.GD.ZS

Using the internet

87.7%2024

World Bank
Data
YearUsing the internet
202487.7%
202385.4%
202283.5%
202181.2%
202078.4%
201977.4%
201873.4%
201770.3%
201667.1%
201565.3%
201462.1%
201353.5%
201248.1%
201142.2%
201040.9%
200938.1%
200835.6%
200733.1%
200627.2%
200526.3%
200423.5%

Series World Bank IT.NET.USER.ZS

Gini coefficient

32.82023

World Bank
Data
YearGini coefficient
202332.8
202232.8
202133.1
202035.0
201934.5
201835.0
201736.1
201638.8
201540.5
201440.4
201339.4
201239.9
201029.0
200928.0
200827.6
200728.7
200629.7
200536.5
200435.5
200332.8
200232.7

Series World Bank SI.POV.GINI

Living in towns and cities

62.6%2025

World Bank
Data
YearLiving in towns and cities
202562.6%
202462.4%
202362.1%
202261.9%
202161.4%
202061.2%
201961.0%
201860.8%
201760.6%
201660.4%
201560.1%
201459.9%
201359.6%
201259.4%
201159.4%
201059.4%
200959.2%
200858.9%
200758.6%
200658.2%
200557.8%
200457.3%
200356.9%
200256.5%
200156.0%
200055.6%

Series World Bank SP.URB.TOTL.IN.ZS

Energy and environment

Energy, emissions and forest

In 2021, 35.0% of electricity came from renewable sources, after a low of 24.0% in 2011, and renewables supplied 27.2% of final energy use. Forest covered 32.4% of the land in 2023, against 29.9% in 2006. The World Bank series carry no carbon dioxide figure for Serbia.

Electricity from renewable sources

35.0%2021

World Bank
Data
YearElectricity from renewable sources
202135.0%
202028.9%
201929.9%
201831.2%
201726.7%
201629.5%
201528.3%
201434.2%
201327.3%
201227.0%
201124.0%
201033.0%
200929.1%
200827.1%
200727.5%
200630.1%
200533.0%
200429.5%
200326.3%
200230.9%
200131.9%
200031.8%

Series World Bank EG.ELC.RNEW.ZS

Renewable share of final energy use

27.2%2021

World Bank
Data
YearRenewable share of final energy use
202127.2%
202026.0%
201921.4%
201821.0%
201720.0%
201620.9%
201521.2%
201423.2%
201320.0%
201219.5%
201117.4%
201020.5%
200920.7%
200815.5%
200714.0%
200615.3%
200516.1%
200414.6%
200315.7%
200218.0%
200119.6%
200022.1%

Series World Bank EG.FEC.RNEW.ZS

Forest cover

32.4%2023

World Bank
Data
YearForest cover
202332.4%
202232.4%
202132.4%
202032.4%
201931.1%
201831.1%
201731.1%
201631.1%
201531.1%
201431.1%
201331.1%
201231.1%
201131.0%
201031.0%
200930.7%
200830.4%
200730.1%
200629.9%

Series World Bank AG.LND.FRST.ZS

Codes

Serbia's codes and memberships

The state

Status
Sovereign state
State since
2006
Official language
Serbian
United Nations
Member

Identifiers

RSISO alpha-2
SRBISO alpha-3
688ISO numeric
Calling code
+381
Internet domain
.rs · .срб
Time zone
UTC+01:00

Questions

Questions about Serbia in figures

What is Serbia's GDP?

The World Bank measured Serbia's GDP at $100.0 billion for 2025 in current US dollars, or $15,262 per person. At purchasing power parity that rises to $33,910 per person in 2025.

How fast is Serbia's economy growing?

Real growth was 4.0% in 2024 and 2.0% in 2025 in World Bank data, and the IMF projected 2.8% for 2026 and 3.5% for 2027.

How high was inflation in Serbia in 2001?

The World Bank recorded a 95.0% rise in consumer prices in 2001. Inflation fell to 1.1% by 2016, rose to 12.4% in 2023 and was 3.9% in 2025; the IMF projected 5.2% for 2026.

How has Serbia's government debt changed since 2000?

The IMF put it at 200.6% of GDP in 2000, 29.4% in 2008 and 42.4% in 2025, and projected 42.1% for 2031.

What population does Serbia have?

There were 6,549,143 people in Serbia in 2025 by the World Bank's estimate.

How old are Serbia's residents?

People 65 and older made up 23.1% of residents in 2025 and children under 15 made up 14.3%, according to the World Bank. In 2024 life expectancy at birth was 76.0 years.

Record generated 2026-08-31, series 2026-09-27 · Q403 · World Bank data · Europe