Back اقتصاد صربيا Arabic Сербия иҡтисады Bashkir Икономика на Сърбия Bulgarian Economia de Sèrbia Catalan Ekonomika Srbska Czech Serbiens økonomi Danish Wirtschaft Serbiens German Οικονομία της Σερβίας Greek Economía de Serbia Spanish Économie de la Serbie French

Economy of Serbia

Economy of Serbia
Belgrade Waterfront, the financial centre of Serbia
CurrencySerbian dinar (RSD, дин)
Calendar year
Trade organisations
CEFTA, BSEC, AIIB, Open Balkan, World Bank, IMF, WTO (Observer)
Country group
Statistics
PopulationDecrease 6,605,168 (2024)[3]
GDP
  • Increase $92.55 billion (nominal, 2025 est.)[4]
  • Increase $216.22 billion (PPP, 2025 est.)[4]
GDP rank
GDP growth
  • +3.8% (2023)
  • +3.9% (2024)
  • +3.5% (2025)[4]
GDP per capita
  • Increase $14,175 (nominal, 2025)[4]
  • Increase $33,115 (PPP, 2025)[4]
GDP per capita rank
GDP by sector
  • services: 52.0%
  • industry: 25.6%
  • agriculture: 6.5%
  • (2022)[5]
GDP by component
  • Private consumption: 63.07%
  • Public consumption: 10.1%
  • Investments: 24.20% (2020)
5% (2024)[6]
Population below poverty line
  • Positive decrease 19.9% (2023)[7]
  • Positive decrease 27.2% at risk of poverty or social exclusion (AROPE, 2023)[8]
Positive decrease 31.7 medium (2023)[9]
Decrease 35 out of 100 points (2024, 105th rank)
Labour force
  • Increase 2,899,700 (Q2, 2024)[12]
  • Increase 50,5 % employment rate (2023)[13]
Labour force by occupation
  • services: 57.1%
  • industry: 28.9%
  • agriculture: 13.9%
  • (2021)[14]
Unemployment
  • Positive decrease 8.2% (Q2, 2024)[15]
  • Positive decrease 20,2% youth unemployment (Q2, 2024)[16]
Average gross salary
RSD 148,428 / €1,268 / $1,384 monthly (Dec 2024)[17]
RSD 108,312 / €925 / $1,009 monthly
(Dec 2024)[17]
Main industries
motor vehicle, base metals, food processing, machinery, chemicals, tires, pharmaceuticals
External
ExportsIncrease $31.584 billion (2024)[18]
Export goods
motor vehicles ($2.42bn), electrical machines ($2.033bn), non-ferrous metals ($2.005bn), rubber and plastics products ($1.670bn), chemicals and chemical products ($1.193bn)
Main export partners
ImportsPositive decrease $42.425 billion (2024)[18]
Import goods
chemicals and chemical products ($2.408bn), general purpose machinery ($2.100bn), petroleum and natural gas ($1.977bn), motor vehicles ($1.818bn), basic metals ($1.740bn),
Main import partners
FDI stock
  • Increase $52.554 billion (2021 est.)
  • Steady Abroad: NA
Increase -913 million (2021)
Increase $34.4 billion (Januar 2023)
Public finances
Positive decrease 47.7% of GDP (Feb 2024)[20]
Increase $30.8 billion (July 2024)[21]
-3.326 billion (2022 est.)[22]
Revenues21.159 billion (2022 est.)[22][note 1]
Expenses24.485 billion (2022 est.)[22]
Economic aid€2.6 billion of EU IPA (2001–14)[23]
€1.5 billion of EU IPA (2014–20)[24]
€2.0 billion of EU IPA III (2021–27)[25][26]
All values, unless otherwise stated, are in US dollars.
Economy of Serbia
Coat of arms of Serbia
Overview
Sectors
Serbia topics

The economy of Serbia is a developing upper-middle income economy. Its tertiary sector accounts for two-thirds of total gross domestic product (GDP). Serbia's nominal GDP is estimated to reach $92 billion in 2025, with a GDP per capita of $14,175. It's purchasing power parity (PPP) stood at $216.22 billion, which amounts to $33,115 per capita.[4] Their capital city and financial centre is Belgrade, with Novi Sad and Niš being important economic hubs. The Belgrade Waterfront is adjacent to the National Bank of Serbia and the Belgrade Stock Exchange.

Serbia has a significant industrial and manufacturing base, focused mainly on machinery, automotive manufacturing, energy, and mining.[32] Core exports of the Serbian economy include automobiles, base metals, furniture, food processing, machinery, chemicals, tires, clothes, and pharmaceuticals.[22] Highly dependent on international trade in Europe, key trading partners include its neighbors around Central Europe as well as China and Russia.[22]

  1. ^ "World Economic and Financial Surveys World Economic Outlook Database—WEO Groups and Aggregates Information October 2020". IMF.org. International Monetary Fund. Retrieved 17 October 2020.
  2. ^ "World Bank Country and Lending Groups". datahelpdesk.worldbank.org. World Bank. Retrieved 29 September 2019.
  3. ^ "ПОЧЕТНА | Републички завод за статистику Србије". www.stat.gov.rs.
  4. ^ a b c d e f "World Economic Outlook database: April 2025". International Monetary Fund.
  5. ^ "Serbia: Share of economic sectors in the gross domestic product (GDP) from 2011 to 2021". Statista.
  6. ^ "Uvoz/Izvoz 2021: Ovo su rezultati za prvih 10 meseci!". 2 December 2021.
  7. ^ "Poverty and Social Inequality, 2023". Statistical Office of the Republic of Serbia. 15 November 2024. Retrieved 22 May 2025.
  8. ^ "Persons at risk of poverty or social exclusion by age and sex". ec.europa.eu. Eurostat. Retrieved 22 May 2025.
  9. ^ "Gini coefficient of equivalised disposable income - EU-SILC survey". ec.europa.eu. Eurostat. Retrieved 22 May 2025.
  10. ^ "Human Development Index (HDI)". hdr.undp.org. HDRO (Human Development Report Office) United Nations Development Programme. Archived from the original on 6 May 2025. Retrieved 6 May 2025.
  11. ^ "Inequality-adjusted HDI (IHDI)". hdr.undp.org. UNDP. Retrieved 8 May 2025.
  12. ^ "Labour Force Survey, II quarter 2024". SORS.
  13. ^ "Employment rate by sex, age group 20-64". ec.europa.eu/eurostat. Eurostat. Retrieved 20 July 2024.
  14. ^ "Employment by economic sector in Serbia 2021". Statista. 2021. Retrieved 10 September 2023.
  15. ^ "Labour Force Survey, II quarter 2024".
  16. ^ "Youth unemployment rate by sex, age (15-24)". Statistical Office of the Republic of Serbia. Retrieved 31 August 2024.
  17. ^ a b "Статистички извештај | Републички завод за статистику Србије". www.stat.gov.rs.
  18. ^ a b "Спољнотрговински робни промет – децембар 2023.; Републички завод за статистику Србије" (PDF). www.stat.gov.rs.
  19. ^ a b . 31 January 2025 https://publikacije.stat.gov.rs/G2025/Pdf/G20251022.pdf. {{cite web}}: Missing or empty |title= (help)
  20. ^ MEСЕЧНИ ИЗВЕШТАЈ Анализа јавног дуга и дуга опште државе [Monthly Report: Analysis of public debt and general government debt] (in Serbian), 1 February 2024
  21. ^ https://www.bloomberg.com/news/articles/2024-10-04/serbia-wins-first-ever-investment-rating-as-s-p-upgrades-bonds
  22. ^ a b c d e "The World Factbook". CIA.gov. Central Intelligence Agency. Retrieved 18 August 2019.
  23. ^ "Serbia to get EUR 178.7 million under IPA". b92.net. 24 December 2013. Retrieved 2 August 2014.
  24. ^ "EUR 1.5 billion from IPA funds available until 2020". b92.net. 29 August 2017. Retrieved 29 August 2017.
  25. ^ "Enlargement region: European Commission welcomes final adoption of EU's new €14 billion pre-accession assistance budget for 2021-2027". europa.eu. Retrieved 10 September 2023.
  26. ^ "ZNA SE KOLIKO ĆE NOVCA SRBIJA MOĆI DA POVUČE IZ IPA FONODVA: Suma na godišnjem nivou veća od dvostruke".
  27. ^ a b "S&P Global Ratings". disclosure.spglobal.com. Retrieved 6 October 2024.
  28. ^ a b "Republic of Serbia's long-term credit rating". www.nbs.rs. Retrieved 21 June 2019.
  29. ^ "Fitch — Complete Sovereign Rating History". Retrieved 4 August 2014.
  30. ^ "Fitch Revises Serbia's Outlook to Positive; Affirms at 'B+'". Reuters. 18 December 2015. Retrieved 21 June 2019 – via www.reuters.com.
  31. ^ a b "Scope affirms Serbia's BB+ ratings and revises Outlook to Positive". www.scoperatings.com. Retrieved 26 July 2024.
  32. ^ "The World Factbook — Central Intelligence Agency". The World Factbook. Central Intelligence Agency. Retrieved 2 April 2019.


Cite error: There are <ref group=note> tags on this page, but the references will not show without a {{reflist|group=note}} template (see the help page).

Rich TVX News Network Site

Rich TVX News Network Info

© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search