The gross domestic product of Serbia expanded by 3.9% for the full year of 2024, according to preliminary estimates. Full Year GDP Growth in Serbia averaged 3.23 percent from 1996 until 2024, reaching an all time high of 8.90 percent in 1997 and a record low of -10.30 percent in 1999. source: Statistical Office of the Republic of Serbia

Full Year GDP Growth in Serbia is expected to reach 3.60 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Full Year GDP Growth is projected to trend around 4.00 percent in 2027 and 4.40 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Full Year GDP Growth 3.90 3.80 percent Dec 2024
GDP 99.95 90.09 USD Billion Dec 2025
GDP Growth Rate YoY 3.80 3.20 percent Jun 2026
GDP Constant Prices 1918836.30 1790603.90 RSD Million Jun 2026
GDP from Agriculture 76348.00 67849.70 RSD Million Jun 2026
GDP from Construction 84035.70 60662.00 RSD Million Jun 2026
GDP from Manufacturing 355501.10 352848.90 RSD Million Jun 2026
GDP from Public Administration 231323.80 216863.60 RSD Million Jun 2026
GDP from Services 301812.30 271381.90 RSD Million Jun 2026
GDP Growth Rate 1.50 0.50 percent Jun 2026
Gross Fixed Capital Formation 432354.70 395122.20 RSD Million Jun 2026


Serbia Full Year GDP Growth
On the expenditure side, household consumption is the main component of Serbia's GDP and accounts for 76 percent of its total use, followed by gross fixed capital formation (17 percent) and government expenditure (18 percent). Exports of goods and services account for 44 percent of GDP while imports account for 54 percent, subtracting 10 percent of total GDP.
Actual Previous Highest Lowest Dates Unit Frequency
3.90 3.80 8.90 -10.30 1996 - 2024 percent Yearly
Constant 2021 prices