GDP deflator (base year varies by country), annual growth rate in Serbia

Serbia: GDP deflator (base year varies by country), annual growth rate was 5.23 % change on previous year in 2024. ◆ Volatile

Latest (2024)
5.23 % change on previous year
Change on year
down 62.2%
World rank
69th
of 211 countries
All-time high
85.58 % change on previous year
in 1996
All-time low
1.54 % change on previous year
in 2016
Years of data
29
1996–2024

GDP deflator (base year varies by country), annual growth rate in Serbia, 1996–2024

0204060801996201020241996: 85.6 % change on previous year1997: 17.9 % change on previous year1998: 24.6 % change on previous year1999: 28.9 % change on previous year2000: 79.2 % change on previous year2001: 84.2 % change on previous year2002: 19.1 % change on previous year2003: 12.5 % change on previous year2004: 8.1 % change on previous year2005: 13.9 % change on previous year2006: 13.8 % change on previous year2007: 8.8 % change on previous year2008: 9.5 % change on previous year2009: 8.4 % change on previous year2010: 5 % change on previous year2011: 11 % change on previous year2012: 6 % change on previous year2013: 7.8 % change on previous year2014: 2.9 % change on previous year2015: 2.2 % change on previous year2016: 1.5 % change on previous year2017: 3 % change on previous year2018: 2 % change on previous year2019: 2.3 % change on previous year2020: 2.6 % change on previous year2021: 5.7 % change on previous year2022: 10.5 % change on previous year2023: 13.8 % change on previous year2024: 5.2 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Serbia recorded 5.23 % change on previous year for gdp deflator (base year varies by country), annual growth rate in 2024.

That represents a change of down 62.2% on the previous year and up 79.7% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Serbia peaked at 85.58 % change on previous year in 1996 and was at its lowest, 1.54 % change on previous year, in 2016.

That places Serbia 69th out of 211 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP deflator (base year varies by country), annual growth rate in Serbia, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Serbia, 1996 to 2024.
Year % change on previous year Change
1996 85.58 % change on previous year
1997 17.9 % change on previous year -79.1%
1998 24.58 % change on previous year +37.3%
1999 28.87 % change on previous year +17.4%
2000 79.22 % change on previous year +174.4%
2001 84.15 % change on previous year +6.2%
2002 19.1 % change on previous year -77.3%
2003 12.53 % change on previous year -34.4%
2004 8.13 % change on previous year -35.1%
2005 13.89 % change on previous year +70.8%
2006 13.84 % change on previous year -0.3%
2007 8.83 % change on previous year -36.2%
2008 9.5 % change on previous year +7.5%
2009 8.44 % change on previous year -11.2%
2010 4.95 % change on previous year -41.3%
2011 11 % change on previous year +122.3%
2012 6.04 % change on previous year -45.1%
2013 7.8 % change on previous year +29.1%
2014 2.91 % change on previous year -62.7%
2015 2.17 % change on previous year -25.4%
2016 1.54 % change on previous year -28.8%
2017 3 % change on previous year +94.1%
2018 2 % change on previous year -33.3%
2019 2.35 % change on previous year +17.4%
2020 2.65 % change on previous year +12.8%
2021 5.68 % change on previous year +114.5%
2022 10.52 % change on previous year +85.0%
2023 13.84 % change on previous year +31.6%
2024 5.23 % change on previous year -62.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 39.23 % change on previous year 17.9 % change on previous year 85.58 % change on previous year 4
2000s 25.76 % change on previous year 8.13 % change on previous year 84.15 % change on previous year 10
2010s 4.38 % change on previous year 1.54 % change on previous year 11 % change on previous year 10
2020s 7.58 % change on previous year 2.65 % change on previous year 13.84 % change on previous year 5

Countries ranked near Serbia

  1. 66 Guam 5.47 % change on previous year compare
  2. 67 Micronesia (country) 5.44 % change on previous year compare
  3. 68 Monaco 5.3 % change on previous year compare
  4. 70 Luxembourg 5.23 % change on previous year compare
  5. 71 Marshall Islands 5.21 % change on previous year compare
  6. 72 Netherlands 5.2 % change on previous year compare

See the full ranking of 211 places →

More population data for Serbia

All data for Serbia →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in Serbia?
Gdp deflator (base year varies by country), annual growth rate in Serbia was 5.23 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Serbia?
The highest recorded value was 85.58 % change on previous year in 1996.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Serbia?
The lowest recorded value was 1.54 % change on previous year in 2016.
How does Serbia rank for gdp deflator (base year varies by country), annual growth rate?
Serbia ranks 69th out of 211 countries with data for 2024.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Serbia?
Over the last ten years it is up 79.7%. The long-run trend across the full record is volatile.
Where does this Serbia data come from?
The figures come from Statizoid (derived), published as part of GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in Serbia. Statizoid, drawing on Statizoid (derived). Retrieved 01 September 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/serbia/

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<a href="https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/serbia/">GDP deflator (base year varies by country), annual growth rate in Serbia</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.