Serbian GDP Growth Revised Higher in Q2
2025-09-01 10:27
By
Dongting Liu
1 min. read
Serbia’s economy expanded by 2.1% year-on-year in Q2 2025, slightly exceeding preliminary estimates of 2.0% and accelerating from a downwardly revised 1.9% growth in Q1 2025.
The GDP growth was primarily driven by household consumption (+3.0% vs.
+1.6% in Q1) and government expenditure (+3.7% vs.
+0.5%).
On the external side, both exports (+4.6% vs.
+8.6%) and imports (+9.8% vs.
+11.3%) grew at a slower pace.
However, gross fixed capital formation declined by 4.0%, worsening from a 0.8% contraction in Q1.
On a seasonally adjusted quarterly basis, the Serbian economy grew 1.1% in Q2, rebounding from a 0.6% contraction in Q1 2025.