GDP growth (annual %) (UNESCO Institute) in Serbia
Serbia: GDP growth (annual %) (UNESCO Institute) was 3.9% in 2024. ◆ Volatile
GDP growth in Serbia, 1996–2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
The most recent figure for gdp growth in Serbia is 3.9%, measured in 2024.
The figure is up 0.8% on the previous year and up 314.9% over ten years.
Over the whole period, gdp growth in Serbia peaked at 8.9% in 1997 and was at its lowest, -10.3%, in 1999.
That places Serbia 77th out of 212 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 growth (annual %) (UNESCO Institute) in Serbia, year by year
| Year | annual % | Change |
|---|---|---|
| 1996 | 6.2% | — |
| 1997 | 8.9% | +44.9% |
| 1998 | 5.3% | -40.2% |
| 1999 | -10.3% | -293.3% |
| 2000 | 6.1% | -158.6% |
| 2001 | 6.8% | +11.9% |
| 2002 | 6.5% | -3.5% |
| 2003 | 4.6% | -30.3% |
| 2004 | 6.7% | +46.7% |
| 2005 | 5.9% | -11.7% |
| 2006 | 3.9% | -33.9% |
| 2007 | 7.8% | +100.8% |
| 2008 | 5.2% | -34.1% |
| 2009 | -3.1% | -160.9% |
| 2010 | 1.6% | -151.3% |
| 2011 | 0.1% | -96.6% |
| 2012 | -0.4% | -918.1% |
| 2013 | 0.5% | -201.7% |
| 2014 | -1.8% | -499.5% |
| 2015 | 1.3% | -171.8% |
| 2016 | 3.0% | +129.6% |
| 2017 | 2.4% | -20.6% |
| 2018 | 4.6% | +96.7% |
| 2019 | 4.8% | +2.2% |
| 2020 | -1.0% | -120.0% |
| 2021 | 7.9% | -936.7% |
| 2022 | 2.6% | -66.9% |
| 2023 | 3.8% | +46.2% |
| 2024 | 3.9% | +0.8% |
Serbia compared with similar countries
- Serbia's 3.9% is above the median for upper middle income countries, which is 3.3%, 1.2× the median. (58 countries reporting)
- Serbia's 3.9% is above the median for Europe & Central Asia, which is 2.3%, 1.7× the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) in Serbia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +936.7% | -1.0% | 7.9% |
| 2012 | -918.1% | 0.1% | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.5% | -10.3% | 8.9% | 4 |
| 2000s | 5.0% | -3.1% | 7.8% | 10 |
| 2010s | 1.6% | -1.8% | 4.8% | 10 |
| 2020s | 3.5% | -1.0% | 7.9% | 5 |
Countries ranked near Serbia
More population data for Serbia
- Population regions with projections, annual growth rate -0.7734 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -4.21 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.7734 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -1.2 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 5,778 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.6883 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.9703 % change on previous year (2100)
- Population growth rate -0.779 (2100)
- Population density 44.02 (2100)
- Projected population under age 5 141,046 (2100)
Frequently asked questions
- What is gdp growth in Serbia?
- Gdp growth in Serbia was 3.9% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Serbia?
- The highest recorded value was 8.9% in 1997.
- What is the lowest gdp growth recorded in Serbia?
- The lowest recorded value was -10.3% in 1999.
- How does Serbia rank for gdp growth?
- Serbia ranks 77th out of 212 countries with data for 2024.
- Is gdp growth rising or falling in Serbia?
- Over the last ten years it is up 314.9%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release