Serbia GDP Growth Rate 1996-2015 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Serbia contracted 0.40 percent in the first quarter of 2015 over the previous quarter. GDP Growth Rate in Serbia averaged 0.61 percent from 1996 until 2015, reaching an all time high of 5.30 percent in the first quarter of 2000 and a record low of -6.20 percent in the first quarter of 1999. GDP Growth Rate in Serbia is reported by the Statistical Office of the Republic of Serbia.

      Forecast
Serbia GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-0.40 0.20 5.30 -6.20 1996 - 2015 percent Quarterly
Serbia's economy depends on manufacturing and exports, driven by foreign direct investments. It is estimated that only in 2011, the country attracted more than 2 billion dollars in FDI. The FDI are concentrated in a variety of industries including metal processing, building, textile, beverage, electronics and financial. However, due to historical reasons the state still accounts for a large part of economic activity, but reforms are being implemented to change this. In 2008, Serbia signed a Stability and Association Agreement with the European Union and in 2009 submitted its formal application for membership. . This page provides - Serbia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Serbia GDP Growth Rate - was last refreshed on Saturday, July 4, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2013-09-30 11:00 AM Q2 2013 0.3% 1.9% 0.35%
2013-12-30 11:00 AM Q3 2013 1.4% 0.1% (R) 1.07%
2014-03-31 11:00 AM Q4 2013 -1.0% 1.4% 1.28%

Serbia GDP Last Previous Highest Lowest Unit
GDP 42.52 38.11 47.76 6.08 USD Billion [+]
GDP Growth Rate -0.40 0.20 5.30 -6.20 percent [+]
GDP Annual Growth Rate -1.80 -1.80 21.10 -21.30 percent [+]
GDP Constant Prices 720692.30 816767.90 836063.50 410507.00 RSD Million [+]
GDP per capita 3987.62 3873.06 5024.74 2078.58 USD [+]
GDP per capita PPP 12124.23 11775.90 14046.10 6319.84 USD [+]
Gross Fixed Capital Formation 145628.20 194324.40 212492.50 2729.30 RSD Million [+]


GDP Growth Rate Reference Previous Highest Lowest Unit
Australia 0.90 Mar/15 0.50 4.50 -2.00 percent [+]
Brazil -0.20 Mar/15 0.30 4.50 -4.20 percent [+]
Canada -0.10 Mar/15 0.60 3.33 -1.80 percent [+]
China 1.30 Mar/15 1.50 2.50 1.30 percent [+]
Euro Area 0.40 Mar/15 0.40 1.30 -2.90 percent [+]
France 0.60 Mar/15 0.10 7.70 -5.00 percent [+]
Germany 0.30 Mar/15 0.70 2.10 -3.70 percent [+]
India 4.10 Mar/15 3.10 7.40 -3.40 percent [+]
Indonesia -0.18 Mar/15 -2.06 3.83 -3.57 percent [+]
Italy 0.30 Mar/15 0.00 6.00 -3.50 percent [+]
Japan 1.00 Mar/15 0.30 3.20 -4.00 percent [+]
Mexico 0.40 Mar/15 0.70 2.90 -6.60 percent [+]
Netherlands 0.60 Mar/15 0.90 2.00 -2.20 percent [+]
Russia -1.29 Mar/15 -0.55 4.10 -5.40 percent [+]
South Korea 0.80 Mar/15 0.30 6.80 -7.00 percent [+]
Spain 1.00 Jun/15 0.90 1.53 -1.60 percent [+]
Switzerland -0.20 Mar/15 0.50 1.90 -2.20 percent [+]
Turkey 1.30 Mar/15 0.80 6.69 -7.57 percent [+]
United Kingdom 0.40 Mar/15 0.80 5.00 -2.70 percent [+]
United States -0.20 Mar/15 2.20 16.90 -10.00 percent [+]