Serbia GDP Annual Growth Rate  1997-2018 | Data | Chart | Calendar

Serbia’s economy expanded 4.8 percent year-on-year in the second quarter of 2018, after an upwardly revised 4.9 percent growth in the three months to March and well above the preliminary estimate of 4.4 percent. Growth slowed for fixed investment (12.1 percent from 15.1 percent in Q1) and it was unchanged for household consumption at 3.1 percent, the same as in the previous period. On the other hand, output rose faster for government expenditure (5.3 percent from 2.3 percent) while net trade contributed negatively to growth, as exports went up 7.1 percent (from 9.5 percent) and imports increased at a higher 9.1 percent (from 12.8 percent). On a quarterly basis, gross domestic product advanced 0.8 percent, easing from an upwardly revised 1.7 percent rise in the first quarter. GDP Annual Growth Rate in Serbia averaged 2.81 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.

Serbia GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-05-31 10:00 AM GDP Growth Rate YoY Final 4.6% 2.4% 4.5% 4.5%
2018-07-31 10:00 AM GDP Growth Rate YoY Prel 4.4% 4.6% 4.1%
2018-08-31 01:00 PM GDP Growth Rate YoY Final 4.8% 4.9% 4.4%
2018-10-31 11:00 AM GDP Growth Rate YoY Prel 4.8% 3.6%
2018-11-30 11:00 AM GDP Growth Rate YoY Final 4.8%


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 Annual Growth Rate

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. This page provides - Serbia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.80 4.90 21.10 -21.30 1997 - 2018 percent Quarterly




GDP annual growth rate by Country
Country Last
India 8.20 Jun/18
China 6.70 Jun/18
Indonesia 5.27 Jun/18
Turkey 5.20 Jun/18
Singapore 3.90 Jun/18
Australia 3.40 Jun/18
Switzerland 3.40 Jun/18
Netherlands 3.10 Jun/18
United States 2.90 Jun/18
South Korea 2.80 Jun/18
Spain 2.70 Jun/18
Mexico 2.60 Jun/18
Euro Area 2.10 Jun/18
Germany 2.00 Jun/18
Canada 1.90 Jun/18
Russia 1.90 Jun/18
France 1.70 Jun/18
United Kingdom 1.30 Jun/18
Italy 1.20 Jun/18
Saudi Arabia 1.15 Mar/18
Brazil 1.00 Jun/18
Japan 1.00 Jun/18
South Africa 0.40 Jun/18
Argentina -4.20 Jun/18


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