Serbia GDP Annual Growth Rate

Last Release

Jun 30, 2025

Actual

Units In

Frequency

Quarterly

Next Release

Dec 01, 2025

Time to Release

2 Months 28 Days 10 Hours

Highest	Lowest	Average	Date Range	Source
26.2 Jun 2000	-21.5 Jun 1999	3.19 %	1997-2025	Statistical Office of the Republic of Serbia

On the expenditure side, household consumption is the main component of Serbia's GDP and accounts for 76 percent of its total use, followed by gross fixed capital formation (17 percent) and government expenditure (18 percent). Exports of goods and services account for 44 percent of GDP while imports account for 54 percent, subtracting 10 percent of total GDP.

Latest Updates

Serbia’s economy expanded by 2.1% year-on-year in Q2 2025, slightly exceeding preliminary estimates of 2.0% and accelerating from a downwardly revised 1.9% growth in Q1 2025. The GDP growth was primarily driven by household consumption (+3.0% vs. +1.6% in Q1) and government expenditure (+3.7% vs. +0.5%). On the external side, both exports (+4.6% vs. +8.6%) and imports (+9.8% vs. +11.3%) grew at a slower pace. However, gross fixed capital formation declined by 4.0%, worsening from a 0.8% contraction in Q1. On a seasonally adjusted quarterly basis, the Serbian economy grew 1.1% in Q2, rebounding from a 0.6% contraction in Q1 2025.