Country comparison Serbia vs Madagascar

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Gouvernement
GDP Growth (%) [+]20243.9%chart4.2%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q33,411K
Annual GDP [+]2024€83,258Mchart€16,095M2024Annual GDP [+]
Annual GDP [+]2024$89,074Mchart$17,421M2024Annual GDP [+]
GDP per capita [+]2024€12,640chart€5162024GDP per capita [+]
GDP per capita [+]2024$13,545chart$5582024GDP per capita [+]
Quarterly GDP [+]2025Q3€22,401M
Debt (M.€.) [+]202436,615chart8,1032024Debt (M.€.) [+]
Debt ($M) [+]202439,619chart8,7682024Debt ($M) [+]
Debt (%GDP) [+]202444.48%chart50.33%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€5,575chart€2602024Debt Per Capita [+]
Debt Per Capita [+]2024$6,032chart$2812024Debt Per Capita [+]
Deficit (M.€) [+]2024-1,443chart-3992024Deficit (M.€) [+]
Deficit ($M) [+]2024-1,562chart-4322024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.75%chart-2.48%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202435,126.5chart2,610.12024Expenditure (M.€) [+]
Expenditure ($M) [+]202438,008.9chart2,824.32024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20232,559.8chart450.62023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,768.7chart487.22023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20238.38%chart14.07%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20233,958.9chart145.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20234,282.0chart156.82023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202312.97%chart5.51%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20242,160.7chart114.12024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20242,311.6chart123.52024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20246.05%chart4.24%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202442.67%chart16.21%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€5,348chart€842024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$5,787chart$912024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€386chart€142023Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$418chart$162023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€596chart€52023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$645chart$52023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€328chart€42024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$352chart$42024Defence Expenditure P.C. [+]
S&P Rating [+]10/04/2024BBB-
Fitch Rating [+]03/27/2020BB+
Corruption Index [+]202336chart252023Corruption Index [+]
Competitiveness Ranking [+]201972ºchart132º2019Competitiveness Ranking [+]
Fragile States Index [+]202467.8chart79.82024Fragile States Index [+]
RTI Raking [+]20243º
Innovation Ranking [+]202452ºchart110º2024Innovation Ranking [+]
Labour
Unemployment rate [+]2025Q38.2%
Unemployed [+]2025Q3257K
NMW [+]2026$875.8chart$41.72023NMW [+]
NMW [+]2026€744.0
Human Capital Ranking [+]201760ºchart110º2017Human Capital Ranking [+]
Markets
Euro / Serbian dinars [+]03/06/2026117.3854
US Dollar exchange rate [+]03/06/2026101.1246
Stock ExchangeYTD % [+]03/06/2026-3.30%
Prices
HICP [+]December 20253.1%
PPI Year on Year [+]February 20260.7%
Money Market
Key rates [+]09/12/20245.75%
Business
Doing Business [+]202044ºchart161º2020Doing Business [+]
IPI Year on Year [+]January 2026-7.3%
Passengers vehicles Year [+]December 201925,514chart1,043December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20194.22chart0.07December 2019Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]20224,498
Vehicles / 1,000 people [+]2020353.73chart28.082015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]201638.4%chart12.2%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201220.00%
Top tax rate + SSC [+]202010.0%
Trade
Annual arrivals [+]20221,773,000chart7,8002021Annual arrivals [+]
Exports [+]2025€31,398.3Mchart€2,971.4M2023Exports [+]
Exports [+]2025$35,479.5Mchart$3,213.0M2023Exports [+]
Exports % GDP [+]202434.76%chart20.10%2023Exports % GDP [+]
Imports [+]2025€40,059.7Mchart€4,392.8M2023Imports [+]
Imports [+]2025$45,266.7Mchart$4,749.9M2023Imports [+]
Imports % GDP [+]202445.76%chart29.71%2023Imports % GDP [+]
Trade balance [+]2025€-8,661.5Mchart€-1,421.4M2023Trade balance [+]
Trade balance [+]2025$-9,787.2Mchart$-1,536.9M2023Trade balance [+]
Trade balance % GDP [+]2024-11.00%chart-9.61%2023Trade balance % GDP [+]
Retail Sales YoY [+]January 20266.8%
Socio-Demography
Global AgeWatch Ranking [+]201566º
Density [+]202477chart532023Density [+]
Global Peace Ranking [+]202454ºchart44º2024Global Peace Ranking [+]
Crude divorce rate [+]20231.50‰
Remittance received ($M) [+]20173,588.0chart261.82017Remittance received ($M) [+]
% Immigrant [+]202011.98%chart0.12%2020% Immigrant [+]
% Emigrant [+]202014.61%chart0.67%2020% Emigrant [+]
Birth Rate [+]20249.20‰chart32.10‰2023Birth Rate [+]
Remittance sent ($M) [+]20171,374.5chart182.92017Remittance sent ($M) [+]
Crude death rate [+]202414.90‰chart7.53‰2023Crude death rate [+]
Fertility Rate [+]20241.64chart3.972023Fertility Rate [+]
Crude marriage rate [+]20234.80‰
% risk of poverty [+]202419.7%chart75.2%2021% risk of poverty [+]
Population [+]20246,567,783chart31,195,9322023Population [+]
Immigrant stock [+]2020823,011chart35,5632020Immigrant stock [+]
Emigrant stock [+]20201,003,962chart193,5262020Emigrant stock [+]
HDI [+]20220.805chart0.4872022HDI [+]
Gender Gap Ranking [+]202426ºchart66º2024Gender Gap Ranking [+]
Life expectancy [+]202376.20chart63.632023Life expectancy [+]
Suicides [+]2023668chart1,1262015Suicides [+]
Suicide rate [+]202310.11chart4.792015Suicide rate [+]
Number of homicides [+]202389
Rate Homicides per 100.000 [+]20231.31
Energy and Environment
0.142023CO2 Tons per capita [+]
Annual crude oil production [+]202412
Crude Oil Reserves [+]202177.5
Consumption GWh [+]202433,665chart2,2852024Consumption GWh [+]
Generation GWh [+]202436,993chart2,4212024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/08/202618,057chart1,42802/08/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/08/20262,568,004chart68,73302/08/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]06/23/20223,278,198chart2,628,84907/30/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/08/20262,749.33chart45.7802/08/2026COVID-19 - Deaths per million population [+]
Doses administered [+]06/23/20228,534,688chart3,092,06307/30/2023Doses administered [+]
Serbia
Madagascar