Serbia's gross domestic product expanded by 3.7 percent year-on-year in the third quarter of 2018, following a 4.8 percent growth in the previous three-month period, the preliminary estimate showed. It was the weakest pace of expansion since the beginning of 2018. GDP Annual Growth Rate in Serbia averaged 2.83 percent from 1997 until 2018, reaching an all time high of 21.10 percent in the second quarter of 2000 and a record low of -21.30 percent in the second quarter of 1999.
GDP Annual Growth Rate in Serbia is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Serbia to stand at 3.20 in 12 months time. In the long-term, the Serbia GDP Annual Growth Rate is projected to trend around 3.70 percent in 2020, according to our econometric models.