Price level ratio of PPP conversion factor (GDP) to market exchange in Serbia

Serbia: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.4244 in 2024. ▼ Falling

Latest (2024)
0.4244
Change on year
down 0.7%
World rank
109th
of 202 countries
All-time high
0.5918
in 1997
All-time low
0.152
in 2000
Years of data
30
1995–2024

Price level ratio of PPP conversion factor (GDP) to market exchange in Serbia, 1995–2024

0.20.30.40.50.61995200920241995: 0.4681996: 0.5621997: 0.5921998: 0.431999: 0.472000: 0.1522001: 0.2662002: 0.3162003: 0.3932004: 0.4132005: 0.4052006: 0.4292007: 0.522008: 0.5622009: 0.4922010: 0.4482011: 0.4952012: 0.4322013: 0.4622014: 0.452015: 0.3742016: 0.3642017: 0.3792018: 0.4092019: 0.3772020: 0.3852021: 0.4142022: 0.3822023: 0.4272024: 0.424

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for price level ratio of ppp conversion factor (gdp) to market exchange in Serbia is 0.4244, measured in 2024.

Compared with earlier readings it is down 0.7% on the previous year and down 5.7% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Serbia peaked at 0.5918 in 1997 and was at its lowest, 0.152, in 2000.

That places Serbia 109th out of 202 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 30 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in Serbia, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Serbia, 1995 to 2024.
Year Value Change
1995 0.4679
1996 0.5622 +20.1%
1997 0.5918 +5.3%
1998 0.4297 -27.4%
1999 0.4697 +9.3%
2000 0.152 -67.6%
2001 0.2664 +75.3%
2002 0.3161 +18.7%
2003 0.3931 +24.3%
2004 0.4127 +5.0%
2005 0.4052 -1.8%
2006 0.4293 +5.9%
2007 0.5204 +21.2%
2008 0.5621 +8.0%
2009 0.4922 -12.4%
2010 0.4482 -8.9%
2011 0.4953 +10.5%
2012 0.4318 -12.8%
2013 0.4618 +7.0%
2014 0.4502 -2.5%
2015 0.3743 -16.9%
2016 0.3636 -2.9%
2017 0.3788 +4.2%
2018 0.4093 +8.1%
2019 0.3767 -8.0%
2020 0.3854 +2.3%
2021 0.4136 +7.3%
2022 0.3819 -7.7%
2023 0.4272 +11.9%
2024 0.4244 -0.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.5042 0.4297 0.5918 5
2000s 0.3949 0.152 0.5621 10
2010s 0.419 0.3636 0.4953 10
2020s 0.4065 0.3819 0.4272 5

Countries ranked near Serbia

  1. 106 Guatemala 0.428 compare
  2. 107 Jordan 0.4268 compare
  3. 108 Albania 0.4262 compare
  4. 110 Bulgaria 0.4238 compare
  5. 111 El Salvador 0.4207 compare
  6. 112 Turkmenistan 0.42 compare

See the full ranking of 202 places →

More population data for Serbia

All data for Serbia →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Serbia?
Price level ratio of ppp conversion factor (gdp) to market exchange in Serbia was 0.4244 in 2024, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Serbia?
The highest recorded value was 0.5918 in 1997.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Serbia?
The lowest recorded value was 0.152 in 2000.
How does Serbia rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Serbia ranks 109th out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Serbia?
Over the last ten years it is down 5.7%. The long-run trend across the full record is falling.
Where does this Serbia data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Serbia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 04 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/serbia/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release