Markets Actual Q3/26 Q4/26 Q1/27 Q2/27
Currency 101.44 101 101 100 99.61
Stock Market (points) 1307.07 1252 1229 1212 1196

Overview Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 0.20 0.5 0.6 0.5 0.4
GDP Annual Growth Rate (%) 3.60 3.6 3.8 4.3 4.5
Unemployment Rate (%) 8.90 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) -898.70 -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 (%) 0.20 0.5 0.6 0.5 0.4
GDP Annual Growth Rate (%) 3.60 3.6 3.8 4.3 4.5
GDP Constant Prices (RSD Million) 1790603.90 1953983 2037460 1867600 1871181
Gross Fixed Capital Formation (RSD Million) 395122.20 493090 582239 412112 412903
GDP from Services (RSD Million) 271381.90 311388 326654 283051 283594
GDP from Public Administration (RSD Million) 216863.60 222474 249271 226189 226622
GDP from Construction (RSD Million) 63774.50 86883 112718 66517 66644
GDP from Agriculture (RSD Million) 65107.90 99070 92039 67908 68038
GDP from Manufacturing (RSD Million) 351715.50 367495 362369 366839 367543
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 (%) 8.90 8.9 9.1 9.4 9.5
Wages (RSD/Month) 118398.00 121044 135133 130774 126804
Wage Growth (%) 9.90 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 (%) 6.20 6 5.9 5.1 4.5
Inflation Rate MoM (%) -0.20 0 0.2 0.3 0.3
Food Inflation (%) -6.10 -3 2.5 3.8 3.2
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) -898.70 -670 -1210 -650 -560
Exports (USD Million) 3708.10 3480 3290 4050 3690
Imports (USD Million) 4606.80 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 (%) 0.80 2.9 3.5 4.2 4

Consumer Actual Q3/26 Q4/26 Q1/27 Q2/27
Retail Sales YoY (%) 4.30 5.1 4.3 2.5 2.8
Consumer Credit (RSD Million) 2110955.00 1914556 2015752 2102513 2205948
Consumer Spending (RSD Million) 1085800.30 1261336 1260033 1132490 1134661
Gasoline Prices (USD/Liter) 1.91 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