Unemployment Rate in Serbia increased to 9.70 percent in the fourth quarter of 2019 from 9.50 percent in the third quarter of 2019. Unemployment Rate in Serbia averaged 16.42 percent from 2008 until 2019, reaching an all time high of 25.50 percent in the first quarter of 2012 and a record low of 9.50 percent in the third quarter of 2019. In Serbia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Serbia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of employed persons in Serbia decreased to 2938200 in the fourth quarter of 2019 from 2938700 in the third quarter of 2019. Employed Persons in Serbia averaged 2632821.47 from 2008 until 2019, reaching an all time high of 2938700 in the third quarter of 2019 and a record low of 2157618 in the first quarter of 2012. In Serbia, employed persons are individuals with a minimum required age who work during a certain time for a business. This page provides - Serbia Employed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Serbia expanded 6.20 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Serbia averaged 3.10 percent from 1997 until 2019, reaching an all time high of 21.10 percent in the second quarter of 2000 and a record low of -21.30 percent in the second quarter of 1999. 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. This page provides - Serbia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Serbia expanded 1.70 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Serbia averaged 0.71 percent from 1996 until 2019, reaching an all time high of 6.90 percent in the fourth quarter of 1997 and a record low of -13.30 percent in the second quarter of 1999. Serbia's economy depends on manufacturing and exports, driven by foreign direct investments. The FDI are concentrated in a variety of industries including metal processing, building, textile, beverage, electronics and financial. On the expenditure side, household consumption is the main component of 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. This page provides - Serbia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Serbia increased to 1040492.80 RSD Million in the fourth quarter of 2019 from 1004135.60 RSD Million in the third quarter of 2019. GDP Constant Prices in Serbia averaged 720149.11 RSD Million from 1996 until 2019, reaching an all time high of 1040492.80 RSD Million in the fourth quarter of 2019 and a record low of 410507 RSD Million in the second quarter of 1999. This page provides - Serbia GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Agriculture in Serbia decreased to 70993 RSD Million in the fourth quarter of 2019 from 76886.70 RSD Million in the third quarter of 2019. GDP From Agriculture in Serbia averaged 58340.16 RSD Million from 1996 until 2019, reaching an all time high of 87289.10 RSD Million in the fourth quarter of 2004 and a record low of 33699.20 RSD Million in the first quarter of 2012. This page provides - Serbia Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Construction in Serbia increased to 70603.40 RSD Million in the fourth quarter of 2019 from 61499.60 RSD Million in the third quarter of 2019. GDP From Construction in Serbia averaged 30887.02 RSD Million from 1996 until 2019, reaching an all time high of 70603.40 RSD Million in the fourth quarter of 2019 and a record low of 13936.30 RSD Million in the first quarter of 2002. This page provides - Serbia Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in Serbia increased to 213139.90 RSD Million in the fourth quarter of 2019 from 203136.40 RSD Million in the third quarter of 2019. GDP From Manufacturing in Serbia averaged 165564.22 RSD Million from 1996 until 2019, reaching an all time high of 213139.90 RSD Million in the fourth quarter of 2019 and a record low of 100127.60 RSD Million in the second quarter of 1999. This page provides - Serbia Gdp From Industry- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Public Administration in Serbia increased to 117652 RSD Million in the fourth quarter of 2019 from 112424.40 RSD Million in the third quarter of 2019. GDP From Public Administration in Serbia averaged 93351.38 RSD Million from 1996 until 2019, reaching an all time high of 117652 RSD Million in the fourth quarter of 2019 and a record low of 69732.30 RSD Million in the third quarter of 1996. This page provides - Serbia Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Services in Serbia increased to 171652.90 RSD Million in the fourth quarter of 2019 from 163612.50 RSD Million in the third quarter of 2019. GDP From Services in Serbia averaged 103375.02 RSD Million from 1996 until 2019, reaching an all time high of 171652.90 RSD Million in the fourth quarter of 2019 and a record low of 39920.70 RSD Million in the second quarter of 1999. This page provides - Serbia Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Serbia increased to 257802.10 RSD Million in the fourth quarter of 2019 from 230704.30 RSD Million in the third quarter of 2019. Government Spending in Serbia averaged 116040.04 RSD Million from 1996 until 2019, reaching an all time high of 257802.10 RSD Million in the fourth quarter of 2019 and a record low of 3754.20 RSD Million in the first quarter of 1996. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Serbia Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Spending in Serbia increased to 956437.60 RSD Million in the fourth quarter of 2019 from 936169.70 RSD Million in the third quarter of 2019. Consumer Spending in Serbia averaged 448624.69 RSD Million from 1996 until 2019, reaching an all time high of 956437.60 RSD Million in the fourth quarter of 2019 and a record low of 18555.20 RSD Million in the first quarter of 1996. This page provides - Serbia Consumer Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Serbia was worth 53 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Serbia represents 0.04 percent of the world economy. GDP in Serbia averaged 33.52 USD Billion from 1995 until 2019, reaching an all time high of 53 USD Billion in 2019 and a record low of 6.54 USD Billion in 2000. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Serbia GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The total population in Serbia was estimated at 7.0 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1995, Serbia had a population of 7.6 million people. The population of Serbia represents 0.11 percent of the world´s total population which arguably means that one person in every 961 people on the planet is a resident of Serbia. This page provides - Serbia Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of unemployed persons in Serbia increased to 516.51 Thousand in January of 2020 from 506.87 Thousand in December of 2019. Unemployed Persons in Serbia averaged 771.53 Thousand from 2002 until 2020, reaching an all time high of 970 Thousand in July of 2003 and a record low of 500.64 Thousand in October of 2019. In Serbia, unemployed persons are individuals who are without a job and actively seeking to work. This page provides - Serbia Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

ICU Beds in Serbia averaged 450.65 per 100K people from 2006 until 2014, reaching an all time high of 464.84 per 100K people in December of 2006 and a record low of 441.96 per 100K people in December of 2008. This page includes a chart with historical data for Serbia ICU Beds.

The Consumer Price Index in Serbia decreased 0.10 percent in March of 2020 over the previous month. Inflation Rate Mom in Serbia averaged 0.43 percent from 2007 until 2020, reaching an all time high of 2.80 percent in October of 2012 and a record low of -1.10 percent in July of 2008. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Serbia Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Serbia decreased to 200.70 points in March from 200.90 points in February of 2020. Consumer Price Index CPI in Serbia averaged 163.48 points from 2007 until 2020, reaching an all time high of 200.90 points in February of 2020 and a record low of 101.90 points in February of 2007. In Serbia, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Serbia Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cpi Housing Utilities in Serbia increased to 217.20 points in March from 217.10 points in February of 2020. Cpi Housing Utilities in Serbia averaged 171.12 points from 2007 until 2020, reaching an all time high of 217.20 points in December of 2019 and a record low of 101.90 points in January of 2007. This page provides - Serbia Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Serbia decreased to 175.20 points in March of 2020 from 177.10 points in February of 2020. CPI Transportation in Serbia averaged 151.58 points from 2007 until 2020, reaching an all time high of 180.50 points in October of 2018 and a record low of 96.60 points in February of 2007. This page provides - Serbia Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Serbia was recorded at 1.30 percent in March of 2020. Inflation Rate in Serbia averaged 5.37 percent from 2007 until 2020, reaching an all time high of 14.90 percent in June of 2008 and a record low of 0.10 percent in January of 2015. In Serbia, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (32.1 percent of total weight). Housing and Utilities accounts for 13.7 percent; Transport for 12.7 percent; Alcoholic beverages and Tobacco for 7.3 percent; Recreation and Culture for 5.6 percent and Communication for 5.1 percent. Health; Miscellaneous Goods and Services; Furniture, Household Goods and Maintenance; Clothing and Footwear; Restaurants and Hotels and Education account for the remaining 23.5 percent of total weight. This page provides - Serbia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Crude Oil Production in Serbia remained unchanged at 16 BBL/D/1K in December from 16 BBL/D/1K in November of 2019. Crude Oil Production in Serbia averaged 16.35 BBL/D/1K from 2006 until 2019, reaching an all time high of 21 BBL/D/1K in January of 2015 and a record low of 13 BBL/D/1K in February of 2006. This page provides - Serbia Crude Oil Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Serbia recorded a Current Account deficit of 477.90 USD Million in February of 2020. Current Account in Serbia averaged -260.81 USD Million from 2001 until 2020, reaching an all time high of 178 USD Million in November of 2010 and a record low of -1073.40 USD Million in June of 2008. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Serbia Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Foreign Exchange Reserves in Serbia decreased to 13114.60 EUR Million in March from 13458.60 EUR Million in February of 2020. Foreign Exchange Reserves in Serbia averaged 9271.86 EUR Million from 2004 until 2020, reaching an all time high of 13694 EUR Million in January of 2020 and a record low of 2682 EUR Million in May of 2004. This page provides - Serbia Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M0 in Serbia increased to 214571 RSD Million in March from 204122 RSD Million in February of 2020. Money Supply M0 in Serbia averaged 94114.79 RSD Million from 2001 until 2020, reaching an all time high of 214571 RSD Million in March of 2020 and a record low of 16056 RSD Million in August of 2001. Serbia Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money. This page provides - Serbia Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Credit in Serbia increased to 1130925 SRB Million in March from 1122703 SRB Million in February of 2020. Consumer Credit in Serbia averaged 569170.99 SRB Million from 2004 until 2020, reaching an all time high of 1130925 SRB Million in March of 2020 and a record low of 30680 SRB Million in January of 2004. This page provides the latest reported value for - Serbia Consumer Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Loans To Private Sector in Serbia increased to 1200863 SRB Million in March from 1171865 SRB Million in February of 2020. Loans To Private Sector in Serbia averaged 796828.71 SRB Million from 2004 until 2020, reaching an all time high of 1200863 SRB Million in March of 2020 and a record low of 187458 SRB Million in January of 2004. This page provides - Serbia Loans To Private Sector- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M1 in Serbia increased to 932286 RSD Million in March from 868799 RSD Million in February of 2020. Money Supply M1 in Serbia averaged 319779.67 RSD Million from 2001 until 2020, reaching an all time high of 932286 RSD Million in March of 2020 and a record low of 43647 RSD Million in August of 2001. This page provides - Serbia Money Supply M1- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M2 in Serbia increased to 1210178 RSD Million in March from 1155717 RSD Million in February of 2020. Money Supply M2 in Serbia averaged 454793.08 RSD Million from 2001 until 2020, reaching an all time high of 1210178 RSD Million in March of 2020 and a record low of 52024 RSD Million in August of 2001. This page provides - Serbia Money Supply M2- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M3 in Serbia increased to 2850671 RSD Million in March from 2804079 RSD Million in February of 2020. Money Supply M3 in Serbia averaged 1277894.32 RSD Million from 2001 until 2020, reaching an all time high of 2850671 RSD Million in March of 2020 and a record low of 86158 RSD Million in August of 2001. This page provides - Serbia Money Supply M3- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Steel Production in Serbia decreased to 131.30 Thousand Tonnes in March from 135.70 Thousand Tonnes in February of 2020. Steel Production in Serbia averaged 100.55 Thousand Tonnes from 2007 until 2020, reaching an all time high of 189.10 Thousand Tonnes in October of 2018 and a record low of 0 Thousand Tonnes in May of 2009. This page has Steel Production values for Serbia.

Wages in Serbia decreased to 58132 RSD/Month in February from 59941 RSD/Month in January of 2020. Wages in Serbia averaged 32568.16 RSD/Month from 2000 until 2020, reaching an all time high of 59941 RSD/Month in January of 2020 and a record low of 3821 RSD/Month in January of 2001. In Serbia, wages are benchmarked using the average monthly salary. This page provides - Serbia Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Serbia increased 10.90 percent in February of 2020 over the same month in the previous year. Wage Growth in Serbia averaged 15.03 percent from 2002 until 2020, reaching an all time high of 94.60 percent in January of 2002 and a record low of -8.80 percent in December of 2017. This page provides - Serbia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tourist Arrivals in Serbia decreased to 91398 in February from 106774 in January of 2020. Tourist Arrivals in Serbia averaged 93066.29 from 2009 until 2020, reaching an all time high of 237801 in August of 2019 and a record low of 29180 in January of 2010. This page provides - Serbia Tourist Arrivals- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Serbia decreased 1.50 percent in February of 2020 over the previous month. Industrial Production Mom in Serbia averaged 0.07 percent from 2005 until 2020, reaching an all time high of 15.10 percent in January of 2010 and a record low of -12.50 percent in February of 2012. This page provides - Serbia Industrial Production MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Serbia recorded a capital and financial account deficit of 337 USD Million in February of 2020. Capital Flows in Serbia averaged -191.02 USD Million from 2012 until 2020, reaching an all time high of 103 USD Million in May of 2018 and a record low of -705 USD Million in December of 2012. This page provides - Serbia Capital Flows- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Youth Unemployment Rate in Serbia increased to 29.10 percent in the fourth quarter of 2019 from 26 percent in the third quarter of 2019. Youth Unemployment Rate in Serbia averaged 39.15 percent from 2008 until 2019, reaching an all time high of 54.20 percent in the second quarter of 2014 and a record low of 24.40 percent in the second quarter of 2019. This page provides - Serbia Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

External Debt in Serbia increased to 28417.90 EUR Million in the fourth quarter of 2019 from 28381.10 EUR Million in the third quarter of 2019. External Debt in Serbia averaged 18394.44 EUR Million from 2003 until 2019, reaching an all time high of 28417.90 EUR Million in the fourth quarter of 2019 and a record low of 8961.90 EUR Million in the third quarter of 2004. In Serbia, external debt is a part of the total debt that is owed to creditors outside the country. This page provides - Serbia External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Serbia recorded a Government Budget surplus equal to 0.20 percent of the country's Gross Domestic Product in 2019. Government Budget in Serbia averaged -1.94 percent of GDP from 2002 until 2019, reaching an all time high of 1.10 percent of GDP in 2005 and a record low of -5.90 percent of GDP in 2014. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Serbia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Serbia recorded a government debt equivalent to 52 percent of the country's Gross Domestic Product in 2019. Government Debt to GDP in Serbia averaged 60.37 percent from 2000 until 2019, reaching an all time high of 201.20 percent in 2000 and a record low of 26.80 percent in 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Serbia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing Production in Serbia increased 2.70 percent in March of 2020 over the same month in the previous year. Manufacturing Production in Serbia averaged 1.50 percent from 2001 until 2020, reaching an all time high of 23.60 percent in October of 2001 and a record low of -24.50 percent in January of 2009. This page provides - Serbia Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mining production in Serbia increased 0.50 percent in March of 2020 over the same month in the previous year. Mining Production in Serbia averaged 2.29 percent from 2004 until 2020, reaching an all time high of 39.60 percent in July of 2015 and a record low of -32.10 percent in July of 2014. This page provides - Serbia Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Serbia recorded a trade deficit of 810.80 USD Million in March of 2020. Balance of Trade in Serbia averaged -551.44 USD Million from 2001 until 2020, reaching an all time high of -161 USD Million in August of 2001 and a record low of -1364 USD Million in July of 2008. Although Serbia is not yet a part of the European Union, a free trade agreement was signed in 2008, making the European Union Serbia's most important trade partner. Serbia's foreign trade is dominated by its natural resources, mainly metals, but industrial goods and agriculture also play an important role. This page provides the latest reported value for - Serbia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production in Serbia decreased 0.10 percent in March of 2020 over the same month in the previous year. Industrial Production in Serbia averaged 2.07 percent from 1995 until 2020, reaching an all time high of 110.20 percent in May of 2000 and a record low of -58.73 percent in May of 1999. In Serbia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides the latest reported value for - Serbia Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Imports in Serbia increased to 2345.60 USD Million in March from 2234.20 USD Million in February of 2020. Imports in Serbia averaged 1441.14 USD Million from 2001 until 2020, reaching an all time high of 2543.90 USD Million in December of 2019 and a record low of 292 USD Million in August of 2001. Serbia is an importer of chemicals and chemical products, fuel and oil, basic metals, machinery and equipment and motor vehicles. Serbia's mainly imports from Russia, Germany, Italy, China and Hungary. This page provides the latest reported value for - Serbia Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Exports in Serbia decreased to 1534.90 USD Million in March from 1628 USD Million in February of 2020. Exports in Serbia averaged 889.08 USD Million from 2001 until 2020, reaching an all time high of 1795.70 USD Million in March of 2018 and a record low of 116 USD Million in January of 2002. Serbia is an exporter of basic metals, food products, crops, chemicals and chemical products, rubber and plastic products and electric equipment. Serbia primarily exports to Germany, Bosnia and Herzegovina, Montenegro, Romania, Russia and Macedonia. This page provides the latest reported value for - Serbia Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Deposit Interest Rate in Serbia decreased to 0.50 percent in May from 0.75 percent in April of 2020. Deposit Interest Rate in Serbia averaged 5.76 percent from 2002 until 2020, reaching an all time high of 15.25 percent in November of 2008 and a record low of 0.50 percent in May of 2020. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Serbia.

Government Debt in Serbia decreased to 2856342.98 RSD Million in March from 2863632.95 RSD Million in February of 2020. Government Debt in Serbia averaged 2598136.16 RSD Million from 2011 until 2020, reaching an all time high of 3089477.59 RSD Million in December of 2016 and a record low of 1505550.20 RSD Million in December of 2011. This page provides - Serbia Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Serbia stands at BB+ with stable outlook. Moody's credit rating for Serbia was last set at Ba3 with positive outlook. Fitch's credit rating for Serbia was last reported at BB+ with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Serbia thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Serbia as reported by major credit rating agencies.

Serbia recorded 9943 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Serbia reported 209 Coronavirus Deaths. This page includes a chart with historical data for Serbia Coronavirus Cases.