Serbia’s gross domestic product expanded by 0.5 percent on quarter in the three months to September of 2018, easing from an upwardly revised 1 percent advance in the previous quarter. GDP Growth Rate in Serbia averaged 0.66 percent from 1996 until 2018, 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 TEForecast
2013-06-28 11:00 AM GDP Growth Rate QoQ 1.9% -0.3% 0.54%
2013-09-30 11:00 AM GDP Growth Rate QoQ 0.3% 1.9% 0.35%
2013-12-30 11:00 AM GDP Growth Rate QoQ 1.4% 0.1%(R) 1.07%
2014-03-31 11:00 AM GDP Growth Rate QOQ -1.0% 1.4% 1.28%


Serbia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.50 1.00 6.90 -13.30 percent [+]
GDP Annual Growth Rate 3.80 4.90 21.10 -21.30 percent [+]
GDP 41.43 38.30 49.26 6.54 USD Billion [+]
GDP Constant Prices 954985.70 926155.70 954985.70 410507.00 RSD Million [+]
Gross Fixed Capital Formation 243609.90 235800.30 247624.80 2729.30 RSD Million [+]
GDP per capita 5992.28 5852.38 5992.28 3150.46 USD [+]
GDP per capita PPP 14048.88 13720.89 14048.88 6319.84 USD [+]
GDP From Agriculture 76391.20 54185.10 87289.10 33699.20 RSD Million [+]
GDP From Construction 44431.80 40193.60 46309.90 13936.30 RSD Million [+]
GDP From Manufacturing 198836.50 205474.50 211829.20 100127.60 RSD Million [+]
GDP From Public Administration 107783.90 108911.90 110589.40 69732.30 RSD Million [+]
GDP From Services 153573.80 147986.90 153573.80 39920.70 RSD Million [+]


Serbia GDP Growth Rate

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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.50 1.00 6.90 -13.30 1996 - 2018 percent Quarterly
SA




Country Last Previous
United States 3.50 Sep/18
Indonesia 3.09 Sep/18
Singapore 3.00 Sep/18
South Africa 2.20 Sep/18
India 1.90 Jun/18
China 1.60 Sep/18
Russia 0.90 Jun/18
Brazil 0.80 Sep/18
Mexico 0.80 Sep/18
South Korea 0.60 Sep/18
Spain 0.60 Sep/18
United Kingdom 0.60 Sep/18
Canada 0.50 Sep/18
France 0.40 Sep/18
Australia 0.30 Sep/18
Euro Area 0.20 Sep/18
Netherlands 0.20 Sep/18
Saudi Arabia -0.05 Mar/18
Italy -0.10 Sep/18
Germany -0.20 Sep/18
Switzerland -0.20 Sep/18
Japan -0.60 Sep/18
Turkey -1.10 Sep/18
Argentina -4.00 Jun/18


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