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Serbia GDP Annual Growth Rate
Last Release
Sep 30, 2025
Actual
2
Units In
%
Previous
2
Frequency
Quarterly
Next Release
N/A
Time to Release
N/A
Highest | Lowest | Average | Date Range | Source |
26.2 Jun 2000 | -21.5 Jun 1999 | 3.18 % | 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
The Serbian economy expanded by 2% year-on-year in the third quarter of 2025, confirming preliminary estimates and the same pace as in the previous three-month period. Growth increased further for both household consumption (3.4% vs 3.1% in Q2) and government spending (3.9% vs 3.8%). Additionally, gross fixed capital formation declined at a lesser extent (-2.1% vs -3.9%). On the external side, net trade contributed negatively to the GDP, as exports (4.2% vs 5.6%) rose less than imports (5.2% vs 9.7%). On a seasonally adjusted quarterly basis, the economy advanced by 0.6% in Q3, slowing from a slightly upwardly revised 1.2% growth in the preceding period.
Serbia GDP Annual Growth Rate History
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