Country comparison Serbia vs Norway

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Gouvernement
GDP Growth (%) [+]20243.9%chart2.1%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q33,411Kchart20,508K2025Q2Qu. GDP Per Capita [+]
Annual GDP [+]2024€83,258Mchart€446,866M2024Annual GDP [+]
Annual GDP [+]2024$89,074Mchart$483,593M2024Annual GDP [+]
GDP per capita [+]2024€12,640chart€80,2002024GDP per capita [+]
GDP per capita [+]2024$13,545chart$86,5872024GDP per capita [+]
Quarterly GDP [+]2025Q3€22,401Mchart€116,770M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202436,615chart197,0492023Debt (M.€.) [+]
Debt ($M) [+]202439,619chart213,1242023Debt ($M) [+]
Debt (%GDP) [+]202444.48%chart44.13%2023Debt (%GDP) [+]
Debt Per Capita [+]2024€5,575chart€35,5032023Debt Per Capita [+]
Debt Per Capita [+]2024$6,032chart$38,3992023Debt Per Capita [+]
Deficit (M.€) [+]2024-1,443chart58,9642024Deficit (M.€) [+]
Deficit ($M) [+]2024-1,562chart63,1792024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.75%chart13.20%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202435,126.5chart221,049.92024Expenditure (M.€) [+]
Expenditure ($M) [+]202438,008.9chart238,626.72024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20232,559.8chart30,960.32022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,768.7chart32,392.92022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20238.38%chart14.47%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20233,958.9chart37,248,508,861.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20234,282.0chart39,211.52023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202312.97%chart17.37%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20242,160.7chart9,345.02024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20242,311.6chart10,113.12024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20246.05%chart4.53%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202442.67%chart49.50%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€5,348chart€39,4092024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$5,787chart$42,6552024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€386chart€5,6742022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$418chart$5,9422022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€596chart€6,7112024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$645chart$7,1442023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€328chart€1,6772024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$352chart$1,8112024Defence Expenditure P.C. [+]
Aaa06/07/2024Moody's Rating [+]
S&P Rating [+]10/04/2024BBB-AAA07/09/1975S&P Rating [+]
Fitch Rating [+]03/27/2020BB+AAA02/28/2020Fitch Rating [+]
Corruption Index [+]202336chart842023Corruption Index [+]
Competitiveness Ranking [+]201972ºchart17º2019Competitiveness Ranking [+]
Fragile States Index [+]202467.8chart12.72024Fragile States Index [+]
RTI Raking [+]20243ºchart86º2024RTI Raking [+]
Innovation Ranking [+]202452ºchart21º2024Innovation Ranking [+]
Labour
4.5%November 2025Unemployment Rate [+]
Unemployment rate [+]2025Q38.2%chart4.6%2025Q3Unemployment rate [+]
Unemployed [+]2025Q3257Kchart141K2025Q3Unemployed [+]
NMW [+]2025$700.9
NMW [+]2025€617.7
$71,0852024Average Wage [+]
€65,6752024Average Wage [+]
Human Capital Ranking [+]201760ºchart1º2017Human Capital Ranking [+]
Markets
Euro / Serbian dinars [+]01/23/2026117.4109chart11.542001/23/2026Euro / Norwegian krones [+]
US Dollar exchange rate [+]01/23/202699.9072chart9.912701/21/2026US Dollar exchange rate [+]
4.24%01/23/202610-Year Bond Yield [+]
13301/23/2026Risk Premium [+]
Stock ExchangeYTD % [+]01/23/2026-1.32%chart2.70%01/23/2026Stock ExchangeYTD % [+]
Prices
4.8%December 2023CPI (overall index) [+]
HICP [+]December 20253.1%chart3.0%December 2025HICP [+]
PPI Year on Year [+]December 20251.7%chart1.0%December 2025PPI Year on Year [+]
Money Market
Key rates [+]09/12/20245.75%chart4.00%09/19/2025Key rates [+]
Business
Doing Business [+]202044ºchart9º2020Doing Business [+]
IPI Year on Year [+]November 2025-2.2%chart2.0%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 201925,514chart252,252December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20194.22chart38.26December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]20224,498
Vehicles / 1,000 people [+]2020353.73chart634.332021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]201638.4%chart40.6%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201220.00%chart25.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202010.0%chart47.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20221,773,000chart4,979,4002022Annual arrivals [+]
Exports [+]2024€28,944.2Mchart€154,449.8M2024Exports [+]
Exports [+]2024$31,328.6Mchart$167,173.4M2024Exports [+]
Exports % GDP [+]202434.76%chart34.56%2024Exports % GDP [+]
Imports [+]2024€38,102.7Mchart€91,038.5M2024Imports [+]
Imports [+]2024$41,241.6Mchart$98,538.3M2024Imports [+]
Imports % GDP [+]202445.76%chart20.37%2024Imports % GDP [+]
Trade balance [+]2024€-9,158.5Mchart€63,411.3M2024Trade balance [+]
Trade balance [+]2024$-9,913.0Mchart$68,635.1M2024Trade balance [+]
Trade balance % GDP [+]2024-11.00%chart14.19%2024Trade balance % GDP [+]
Retail Sales YoY [+]November 20258.4%chart5.1%November 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201566ºchart2º2015Global AgeWatch Ranking [+]
Density [+]202477chart92024Density [+]
Global Peace Ranking [+]202454ºchart28º2024Global Peace Ranking [+]
Crude divorce rate [+]20231.50‰chart1.80‰2020Crude divorce rate [+]
Remittance received ($M) [+]20173,588.0chart614.12017Remittance received ($M) [+]
% Immigrant [+]202011.98%chart15.81%2020% Immigrant [+]
% Emigrant [+]202014.61%chart3.55%2020% Emigrant [+]
Birth Rate [+]20249.20‰chart9.70‰2024Birth Rate [+]
Remittance sent ($M) [+]20171,374.5chart2,237.92017Remittance sent ($M) [+]
Crude death rate [+]202414.90‰chart7.90‰2024Crude death rate [+]
Fertility Rate [+]20231.62chart1.402023Fertility Rate [+]
Crude marriage rate [+]20234.80‰chart3.30‰2020Crude marriage rate [+]
% risk of poverty [+]202419.7%chart11.6%2024% risk of poverty [+]
Population [+]20246,567,783chart5,594,3402024Population [+]
Immigrant stock [+]2020823,011chart852,2382020Immigrant stock [+]
Emigrant stock [+]20201,003,962chart191,3922020Emigrant stock [+]
HDI [+]20220.805chart0.9662022HDI [+]
Gender Gap Ranking [+]202426ºchart3º2024Gender Gap Ranking [+]
Life expectancy [+]202376.20chart83.302024Life expectancy [+]
Suicides [+]2023668chart7282023Suicides [+]
Suicide rate [+]202310.11chart13.122023Suicide rate [+]
Number of homicides [+]202389chart402023Number of homicides [+]
Rate Homicides per 100.000 [+]20231.31chart0.722023Rate Homicides per 100.000 [+]
Energy and Environment
7.862023CO2 Tons per capita [+]
Annual crude oil production [+]202412chart1,7912024Annual crude oil production [+]
Crude Oil Reserves [+]202177.5chart8,122.22021Crude Oil Reserves [+]
Consumption GWh [+]202330,824chart127,3242023Consumption GWh [+]
Generation GWh [+]202337,661chart152,0952023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/202518,057chart5,73212/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/20252,568,003chart1,548,64912/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]06/23/20223,278,198chart4,061,31212/23/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/20252,749.33chart1,024.6112/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]06/23/20228,534,688chart13,020,64112/23/2023Doses administered [+]
Serbia
Norway