Markets Actual Q3/26 Q4/26 Q1/27 Q2/27
Currency 100.86 101 100 99.89 99.43
Stock Market (points) 1375.23 1360 1324 1303 1282

Overview Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 1.50 0.5 0.6 0.5 0.4
GDP Annual Growth Rate (%) 3.80 3.6 3.8 4.3 4.5
Unemployment Rate (%) 7.20 8.9 9.1 9.4 9.5
Inflation Rate (%) 1.90 4 3.5 2.3 2.2
Interest Rate (%) 5.75 5.75 5.75 5.75 5.75
Balance of Trade (USD Million) -746.90 -670 -1210 -650 -560
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 (%) 1.50 0.5 0.6 0.5 0.4
GDP Annual Growth Rate (%) 3.80 3.6 3.8 4.3 4.5
GDP Constant Prices (RSD Million) 1918836.30 1953983 2037460 1867600 2005184
Gross Fixed Capital Formation (RSD Million) 432354.70 493090 582239 412112 451811
GDP from Public Administration (RSD Million) 231323.80 222474 249271 226189 241733
GDP from Agriculture (RSD Million) 76348.00 99070 92039 70767 79784
GDP from Construction (RSD Million) 84035.70 86883 112718 63270 87817
GDP from Services (RSD Million) 301812.30 311388 326654 283051 315394
GDP from Manufacturing (RSD Million) 355501.10 367495 362369 368021 371499
GDP (USD Billion) 99.95 104
GDP per Capita (USD) 8804.38 9121
GDP per Capita PPP (USD) 27603.39 28597
Full Year GDP Growth (%) 3.90 3.6

Labour Actual Q3/26 Q4/26 Q1/27 Q2/27
Unemployment Rate (%) 7.20 8.9 9.1 9.4 9.5
Wages (RSD/Month) 120401.00 121044 135133 130774 128949
Wage Growth (%) 12.40 10.9 8.9 7.5 7.1
Labour Costs (points) 218.60 199 205 235 234
Population (Million) 6.53 6.51

Prices Actual Q3/26 Q4/26 Q1/27 Q2/27
Inflation Rate (%) 1.90 4 3.5 2.3 2.2
Consumer Price Index CPI (points) 103.00 104 104 104 105
Producer Prices Change (%) 9.00 6 5.9 5.1 4.5
Food Inflation (%) -6.10 -3 2.5 3.8 3.2
Inflation Rate MoM (%) -0.20 0 0.2 0.3 0.3
CPI Transportation (points) 107.10 107 107 108 108

Money Actual Q3/26 Q4/26 Q1/27 Q2/27
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 Q3/26 Q4/26 Q1/27 Q2/27
Balance of Trade (USD Million) -746.90 -670 -1210 -650 -560
Exports (USD Million) 3488.80 3480 3290 4050 3690
Imports (USD Million) 4235.70 4150 4500 4700 4250
Current Account to GDP (% of GDP) -4.90 -5.2

Business Actual Q3/26 Q4/26 Q1/27 Q2/27
Industrial Production (%) -2.30 2.9 3.5 4.2 4

Consumer Actual Q3/26 Q4/26 Q1/27 Q2/27
Retail Sales YoY (%) 8.20 5.1 4.3 2.5 2.8
Consumer Credit (RSD Million) 2141526.00 1914556 2015752 2102513 2205948
Consumer Spending (RSD Million) 1247453.40 1261336 1260033 1132490 1303589
Gasoline Prices (USD/Liter) 1.99 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