1. GDP - Gross Domestic Product

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GDP Serbia 2023

Serbia: GDP increases 2.5%

Gross Domestic Product of Serbia grew 2.5% in 2023 compared to last year This rate is the same than the previous year.

The GDP figure in 2023 was €69,513$75,164 million, Serbia is number 81 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Serbia rose €9,086$11,662 million with respect to 2022.

The GDP per capita of Serbia in 2023 was €10,500$11,318, €1,430$1,790 higher than in 2022, it was €9,070$9,528. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2013 when the GDP per capita in Serbia was €5,080$6,753.

If we order the countries according to their GDP per capita, Serbia is in 77th position of the 196 countries whose GDP we publish.

Here we show you the progression of the GDP in Serbia. You can see GDP in other countries in GDP and see all the economic information about Serbia in Serbia's economy.

Quarterly GDP at market prices 2023
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2023Q4€18,199M$19,566M0.9%3.9%
2023Q3€17,568M$19,121M1.4%3.7%
2023Q2€17,203M$18,729M1.3%1.6%
2023Q1€16,503M$17,708M0.2%0.9%
< GDP Serbia 2022
Quaterly GDP Per Capita 2023
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
2023Q42,740K3.6%14.5%$2,94620.6%2.3%
2023Q32,645K2.1%17.6%$2,87927.1%2.1%
2023Q22,590K4.2%18.0%$2,82020.6%5.8%
2023Q12,485K3.8%19.2%$2,66614.0%9.2%
< GDP Serbia 2022
Evolution: Annual GDP Serbia
DateAnnual GDPAnnual GDPGDP Growth (%)
2023€69,513M$75,164M2.5%
2022€60,427M$63,502M2.5%
2021€53,345M$63,068M7.7%
2020€46,815M$53,335M-0.9%
2019€46,005M$51,514M4.3%
2018€42,892M$50,641M4.5%
2017€39,235M$44,179M2.1%
2016€36,779M$40,693M3.3%
2015€35,740M$39,656M1.8%
2014€35,468M$47,062M-1.6%
2013€36,427M$48,394M2.9%
2012€33,679M$43,300M-0.7%
2011€35,432M$49,280M2.0%
2010€31,546M$41,369M0.7%
2009€32,486M$45,156M-2.7%
2008€35,713M$52,094M5.7%
2007€31,558M$43,395M6.4%
2006€25,931M$32,602M5.1%
2005€22,254M$27,496M5.5%
2004€20,995M$24,743M9.0%
2003€19,882M$21,219M4.4%
2002€18,166M$16,177M6.4%
2001€14,585M$12,313M6.9%
2000€28,502M$9,312M6.1%
1999€19,267M$19,389M-9.4%
1998€18,612M$19,458M3.3%
1997€23,418M$25,676M7.2%
1996€18,592M$21,818M6.3%
1995€26,495M$16,833M5.7%
1994$20,249M2.6%
1993$19,325M-30.4%
1992$26,872M-28.1%
1991$36,915M-11.7%
1990$40,444M
Evolution: GDP per capita Serbia
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2023€10,500$11,31815.8%18.8%
2022€9,070$9,52816.1%3.8%
2021€7,810$9,17815.0%19.2%
2020€6,790$7,7002.6%4.1%
2019€6,620$7,3977.8%2.0%
2018€6,140$7,2529.8%15.3%
2017€5,590$6,2937.3%9.2%
2016€5,210$5,7653.4%3.2%
2015€5,040$5,5891.4%-15.3%
2014€4,970$6,599-2.2%-2.3%
2013€5,080$6,7538.6%12.3%
2012€4,680$6,013-4.5%-11.7%
2011€4,900$6,81013.2%20.0%
2010€4,330$5,674-2.5%-8.0%
2009€4,440$6,168-8.6%-13.0%
2008€4,860$7,08713.6%20.6%
2007€4,280$5,87922.3%33.7%
2006€3,500$4,39917.1%19.0%
2005€2,990$3,6956.4%11.5%
2004€2,810$3,3155.6%16.9%
2003€2,660$2,8379.9%31.5%
2002€2,420$2,15724.7%31.4%
2001€1,940$1,641-48.8%32.5%
2000€3,790$1,23948.1%-17.8%
1999€2,560$1,50834.7%-34.5%
1998€1,900$2,301-20.8%-21.4%
1997€2,400$2,92626.3%2.1%
1996€1,900$2,867-30.2%29.9%
1995€2,720$2,207-16.9%
1994$2,6555.8%
1993$2,510-28.6%
1992$3,514-27.7%
1991$4,860-8.8%
1990$5,331
Evolution: GDP growth rate at constant prices Serbia
Evolution: GDP per capita Serbia
GDP Serbia