Serbian Q3 GDP Growth Confirmed at 2%
2025-12-01 11:17
By
Joshua Ferrer
1 min. read
The Serbian economy expanded by 2% year-on-year in the third quarter of 2025, confirming preliminary estimates and the same pace as in the previous three-month period.
Growth increased further for both household consumption (3.4% vs 3.1% in Q2) and government spending (3.9% vs 3.8%).
Additionally, gross fixed capital formation declined at a lesser extent (-2.1% vs -3.9%).
On the external side, net trade contributed negatively to the GDP, as exports (4.2% vs 5.6%) rose less than imports (5.2% vs 9.7%).
On a seasonally adjusted quarterly basis, the economy advanced by 0.6% in Q3, slowing from a slightly upwardly revised 1.2% growth in the preceding period.