The Serbian economy advanced by 0.6% quarter-on-quarter in Q3 2025, slowing from a slightly upwardly revised 1.2% growth in the preceding period. GDP Growth Rate in Serbia averaged 0.82 percent from 1995 until 2025, reaching an all time high of 14.00 percent in the third quarter of 1999 and a record low of -19.00 percent in the second quarter of 1999. source: Statistical Office of the Republic of Serbia

GDP Growth Rate in Serbia is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia GDP Growth Rate is projected to trend around 0.50 percent in 2027 and 0.80 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Full Year GDP Growth 3.90 3.80 percent Dec 2024
GDP Growth Rate YoY 2.20 2.00 percent Dec 2025
GDP Constant Prices 1886251.20 1848166.50 RSD Million Sep 2025
GDP from Agriculture 95627.70 67955.80 RSD Million Sep 2025
GDP from Construction 84411.30 77055.80 RSD Million Sep 2025
GDP from Manufacturing 354551.20 350443.60 RSD Million Sep 2025
GDP from Public Administration 214677.90 225989.10 RSD Million Sep 2025
GDP from Services 300553.20 289041.60 RSD Million Sep 2025
GDP Growth Rate 0.60 1.20 percent Sep 2025
Gross Fixed Capital Formation 476139.50 418838.10 RSD Million Sep 2025


Serbia GDP Growth Rate
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.
Actual Previous Highest Lowest Dates Unit Frequency
0.60 1.20 14.00 -19.00 1995 - 2025 percent Quarterly
SA