Markets Actual Q3/26 Q4/26 Q1/27 Q2/27
Currency 102.61 102 102 101 101
Stock Market (points) 1209.60 1195 1180 1166 1151

Overview Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 0.20 0.8 0.7 1.1 1.1
GDP Annual Growth Rate (%) 3.20 3.6 3.8 4.3 4.3
Unemployment Rate (%) 8.90 8 8.3 8.3 8.3
Inflation Rate (%) 3.50 3.3 3.2 3.1 3.1
Interest Rate (%) 5.75 5.75 5.75 5.75 5.5
Balance of Trade (USD Million) -720.40 -930 -1400 -1400 -1400
Current Account to GDP (% of GDP) -4.90 -5.2
Government Debt to GDP (% of GDP) 44.40 46.7
Government Budget (% of GDP) -2.60 -3

GDP Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 0.20 0.8 0.7 1.1 1.1
GDP Annual Growth Rate (%) 3.20 3.6 3.8 4.3 4.3
GDP Constant Prices (RSD Million) 1790603.90 1953983 2037460 1867600 1867600
Gross Fixed Capital Formation (RSD Million) 395122.20 493090 582239 412112 412112
GDP from Public Administration (RSD Million) 216863.60 222474 249271 226189 226189
GDP from Services (RSD Million) 271381.90 311388 326654 283051 283051
GDP from Manufacturing (RSD Million) 351715.50 367495 362369 366839 366839
GDP from Construction (RSD Million) 63774.50 86883 112718 66517 66517
GDP from Agriculture (RSD Million) 65107.90 99070 92039 67908 67908
GDP (USD Billion) 89.08 92.64
GDP per Capita (USD) 8575.55 8919
GDP per Capita PPP (USD) 26884.46 27960
Full Year GDP Growth (%) 3.90 4

Labour Actual Q3/26 Q4/26 Q1/27 Q2/27
Unemployment Rate (%) 8.90 8 8.3 8.3 8.3
Wages (RSD/Month) 121805.00 116242 132775 130166 130331
Wage Growth (%) 11.50 6.5 7 7 7
Labour Costs (points) 218.60 191 202 234 234
Population (Million) 6.57 6.51

Prices Actual Q3/26 Q4/26 Q1/27 Q2/27
Inflation Rate (%) 3.50 3.3 3.2 3.1 3.1
Consumer Price Index CPI (points) 103.00 103 104 105 106
Food Inflation (%) -1.50 4.2 4 3.8 3.2
Producer Prices Change (%) 8.40 10 8.8 7.5 6
Inflation Rate MoM (%) 0.30 0 0.2 0.3 0.3
CPI Transportation (points) 106.30 106 107 107 107

Money Actual Q3/26 Q4/26 Q1/27 Q2/27
Interest Rate (%) 5.75 5.75 5.75 5.75 5.5
Deposit Interest Rate (%) 4.50 4.5 4.5 4.5 4.25
Lending Rate (%) 7.00 7 7 7 6.75

Trade Actual Q3/26 Q4/26 Q1/27 Q2/27
Balance of Trade (USD Million) -720.40 -930 -1400 -1400 -1400
Exports (USD Million) 3312.80 2750 2370 2370 2370
Imports (USD Million) 4033.20 3680 3770 3770 3770
Current Account to GDP (% of GDP) -4.90 -5.2

Business Actual Q3/26 Q4/26 Q1/27 Q2/27
Industrial Production (%) 0.30 3.2 3.5 4.2 4.2

Consumer Actual Q3/26 Q4/26 Q1/27 Q2/27
Retail Sales YoY (%) 6.20 3 2.9 2.5 2.8
Consumer Credit (RSD Million) 2082086.00 1914556 2015752 2102513 2171616
Consumer Spending (RSD Million) 1085800.30 1261336 1260033 1132490 1132490
Gasoline Prices (USD/Liter) 1.88 2.16 1.8 1.8 1.8

Government Actual Q3/26 Q4/26 Q1/27 Q2/27
Government Debt to GDP (% of GDP) 44.40 46.7
Government Budget (% of GDP) -2.60 -3