Serbia GDP Growth Rate  1996-2018 | Data | Chart | Calendar | Forecast

Serbia’s economy expanded 0.8 percent on quarter in the three months to June of 2018, after an upwardly revised 1.7 percent growth in the first quarter. Compared with the same quarter of 2017, gross domestic product advanced 4.8 percent, easing from an upwardly revised 4.9 percent rise in the previous period. GDP Growth Rate in Serbia averaged 0.65 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
2013-09-30 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 0.80 1.70 6.90 -13.30 percent [+]
GDP Annual Growth Rate 4.80 4.90 21.10 -21.30 percent [+]
GDP 41.43 38.30 49.26 6.54 USD Billion [+]
GDP Constant Prices 840678.90 794407.30 868894.40 410507.00 RSD Million [+]
Gross Fixed Capital Formation 225469.10 200679.50 231773.50 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 61296.50 54964.30 87289.10 42547.50 RSD Million [+]
GDP From Construction 43006.90 31975.00 52305.30 13936.30 RSD Million [+]
GDP From Manufacturing 173874.50 168778.30 176170.90 100127.60 RSD Million [+]
GDP From Public Administration 106393.80 99629.00 111580.90 69732.30 RSD Million [+]
GDP From Services 132383.80 120001.00 142455.50 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 October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.80 1.70 6.90 -13.30 1996 - 2018 percent Quarterly
SA




GDP growth rate by Country
Country Last
Singapore 4.70 Sep/18
Indonesia 4.21 Jun/18
United States 4.20 Jun/18
India 1.90 Jun/18
China 1.80 Jun/18
Australia 0.90 Jun/18
Russia 0.90 Jun/18
Turkey 0.90 Jun/18
Netherlands 0.80 Jun/18
Canada 0.70 Jun/18
Japan 0.70 Jun/18
Switzerland 0.70 Jun/18
South Korea 0.60 Jun/18
Spain 0.60 Jun/18
Germany 0.50 Jun/18
Euro Area 0.40 Jun/18
United Kingdom 0.40 Jun/18
Brazil 0.20 Jun/18
France 0.20 Jun/18
Italy 0.20 Jun/18
Saudi Arabia -0.05 Mar/18
Mexico -0.20 Jun/18
South Africa -0.70 Jun/18
Argentina -4.00 Jun/18


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