Serbia GDP Growth Rate  1996-2017 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Serbia expanded 0.10 percent in the first quarter of 2017 over the previous quarter. GDP Growth Rate in Serbia averaged 0.63 percent from 1996 until 2017, reaching an all time high of 6.90 percent in the fourth quarter of 1997 and a record low of -13.30 percent in the second quarter of 1999.

Serbia GDP Growth Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2013-09-30 11:00 AM Q2 2013 0.3% 1.9% 0.35%
2013-12-30 11:00 AM Q3 2013 1.4% 0.1%(R) 1.07%
2014-03-31 11:00 AM Q4 2013 -1.0% 1.4% 1.28%




Serbia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.10 0.30 6.90 -13.30 percent [+]
GDP Annual Growth Rate 1.20 2.50 21.10 -21.30 percent [+]
GDP 37.16 44.21 49.26 6.54 USD Billion [+]
GDP Constant Prices 758441.50 844891.90 844891.90 410507.00 RSD Million [+]
Gross Fixed Capital Formation 169305.10 200196.20 212492.50 2729.30 RSD Million [+]
GDP per capita 5852.08 5663.39 5852.08 3150.46 USD [+]
GDP per capita PPP 13720.09 13277.71 14046.10 6319.84 USD [+]
GDP From Agriculture 51857.20 75032.20 87289.10 42547.50 RSD Million [+]
GDP From Construction 25315.50 40354.40 52305.30 13936.30 RSD Million [+]
GDP From Manufacturing 161874.80 168406.30 174584.00 100127.60 RSD Million [+]
GDP From Public Administration 97963.00 109675.70 109675.70 69732.30 RSD Million [+]
GDP From Services 114752.80 136439.70 136439.70 39920.70 RSD Million [+]


Serbia GDP Growth Rate Notes

Serbia's economy depends on manufacturing and exports, driven by foreign direct investments. The FDI are concentrated in a variety of industries including metal processing, building, textile, beverage, electronics and financial. On the expenditure side, household consumption is the main component of 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. This page provides - Serbia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.10 0.30 6.90 -13.30 1996 - 2017 percent Quarterly
SA



gdp growth rate by Country

Last
China 1.70 Jun/17
India 1.50 Mar/17
Turkey 1.40 Mar/17
United States 1.40 Mar/17
Brazil 1.00 Mar/17
Canada 0.90 Mar/17
Spain 0.80 Mar/17
Mexico 0.70 Mar/17
Euro Area 0.60 Mar/17
Germany 0.60 Mar/17
South Korea 0.60 Jun/17
France 0.50 Mar/17
Italy 0.40 Mar/17
Netherlands 0.40 Mar/17
Australia 0.30 Mar/17
Japan 0.30 Mar/17
Switzerland 0.30 Mar/17
United Kingdom 0.30 Jun/17
Indonesia -0.34 Mar/17
Russia -0.57 Sep/15