Markets Actual Q2/26 Q3/26 Q4/26 Q1/27
Currency 101.13 101 100 99.89 99.37
Stock Market (points) 1224.54 1222 1194 1179 1164

Overview Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Growth Rate (%) 0.20 1 0.8 0.7 1.1
GDP Annual Growth Rate (%) 3.20 3.5 3.6 3.8 4.3
Unemployment Rate (%) 8.90 8.4 8 8.3 8.3
Inflation Rate (%) 3.50 3.7 3.3 3.2 3.1
Interest Rate (%) 5.75 5.75 5.75 5.75 5.75
Balance of Trade (USD Million) -902.90 -790 -930 -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 Q2/26 Q3/26 Q4/26 Q1/27
GDP Growth Rate (%) 0.20 1 0.8 0.7 1.1
GDP Annual Growth Rate (%) 3.20 3.5 3.6 3.8 4.3
GDP Constant Prices (RSD Million) 1790603.90 1913052 1953983 2037460 1867600
Gross Fixed Capital Formation (RSD Million) 395122.20 433425 493090 582239 412112
GDP from Public Administration (RSD Million) 216863.60 233899 222474 249271 226189
GDP from Services (RSD Million) 271381.90 299158 311388 326654 283051
GDP from Construction (RSD Million) 63774.50 79753 86883 112718 66517
GDP from Agriculture (RSD Million) 65107.90 70475 99070 92039 67908
GDP from Manufacturing (RSD Million) 351715.50 362679 367495 362369 366839
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 Q2/26 Q3/26 Q4/26 Q1/27
Unemployment Rate (%) 8.90 8.4 8 8.3 8.3
Wages (RSD/Month) 121650.00 114570 116242 132775 130166
Wage Growth (%) 12.60 7 6.5 7 7
Labour Costs (points) 188.50 203 191 202 202
Population (Million) 6.57 6.51

Prices Actual Q2/26 Q3/26 Q4/26 Q1/27
Inflation Rate (%) 3.50 3.7 3.3 3.2 3.1
Consumer Price Index CPI (points) 103.00 104 103 104 105
Inflation Rate MoM (%) 0.30 0.1 0 0.2 0.3
Food Inflation (%) -1.50 2.5 4.2 4 3.8
Producer Prices Change (%) 8.40 9.1 10 8.8 7.5
CPI Transportation (points) 106.30 106 106 107 107

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

Trade Actual Q2/26 Q3/26 Q4/26 Q1/27
Balance of Trade (USD Million) -902.90 -790 -930 -1400 -1400
Exports (USD Million) 3494.00 2710 2750 2370 2370
Imports (USD Million) 4396.90 3500 3680 3770 3770
Current Account to GDP (% of GDP) -4.90 -5.2

Business Actual Q2/26 Q3/26 Q4/26 Q1/27
Industrial Production (%) 3.40 2.8 3.2 3.5 4.2

Consumer Actual Q2/26 Q3/26 Q4/26 Q1/27
Retail Sales YoY (%) 5.60 3.7 3 2.9 2.5
Consumer Credit (RSD Million) 2047559.00 1820774 1914556 2015752 2102513
Consumer Spending (RSD Million) 1085800.30 1241262 1261336 1260033 1132490
Gasoline Prices (USD/Liter) 1.90 2.52 2.16 1.8 1.8

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