Serbia GDP Annual Growth Rate  1997-2016 | Data | Chart | Calendar

Serbia's economy advanced 2.6 percent year-on-year in the third quarter of 2016, above preliminary estimates of 2.5 percent and following a downwardly revised 1.9 expansion in the previous period. The growth was mainly driven by investments (+6.2 percent vs +4.4 percent in Q2) and net trade contributed positively, as exports surged 10.5 percent (+11 percent in Q2) and imports went up 5.9 percent (+11.3 percent in Q2). Meanwhile, consumer spending rose at slower 0.5 percent (+1 percent in Q2) and government expenditure advanced only 1.2 percent (+4 percent in Q2). On a quarterly seasonally adjusted basis, the GDP expanded 0.3 percent. GDP Annual Growth Rate in Serbia averaged 2.81 percent from 1997 until 2016, 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.

Serbia GDP Annual Growth Rate
Receive the next reported value for Serbia GDP Annual Growth Rate in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website
Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-08-31 10:00 AM Q2 2% 3.8% 1.8% 1.8%
2016-10-31 11:00 AM Q3 2.5% 2% 2.4%
2016-11-30 11:00 AM Q3 2.6% 1.9% 2.5% 2.5%
2017-02-01 11:00 AM Q4 2.10%
2017-02-28 11:00 AM Q4 2.10%
2017-05-04 10:00 AM Q1 0.07%




Serbia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.00 1.90 6.90 -13.30 percent [+]
GDP Annual Growth Rate 2.60 1.90 21.10 -21.30 percent [+]
GDP 36.51 44.21 49.26 6.54 USD Billion [+]
GDP Constant Prices 790448.60 749435.50 836063.50 410507.00 RSD Million [+]
Gross Fixed Capital Formation 186520.90 166627.50 212492.50 2729.30 RSD Million [+]
GDP per capita 5659.33 5593.06 5670.71 3150.46 USD [+]
GDP per capita PPP 12863.08 12712.46 14046.10 6319.84 USD [+]
GDP From Agriculture 58775.40 50872.60 87289.10 42547.50 RSD Million [+]
GDP From Construction 38306.50 28997.10 52305.30 13936.30 RSD Million [+]
GDP From Manufacturing 165368.40 163960.00 174584.00 100127.60 RSD Million [+]
GDP From Public Administration 100407.20 96545.20 105774.90 69732.30 RSD Million [+]
GDP From Services 121071.40 109401.30 133104.40 39920.70 RSD Million [+]



Serbia GDP Annual Growth Rate Notes

Factors favorable to Serbia's economic growth include its relatively inexpensive and skilled labor force and free trade agreements with the EU, Russia, Turkey, and countries that are members of the CEFTA. 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 Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
2.60 1.90 21.10 -21.30 1997 - 2016 percent Quarterly



Last
Ethiopia 9.60 Dec/15
Ivory Coast 9.50 Jun/16
Papua New Guinea 9.00 Dec/15
Dominican Republic 8.70 Jun/16
Tanzania 7.90 Jun/16
Uzbekistan 7.80 Sep/16
Congo 7.70 Dec/15
India 7.30 Sep/16
Cambodia 7.20 Dec/16
Philippines 7.10 Sep/16
Bangladesh 7.05 Dec/16
Laos 7.00 Dec/15
Myanmar 7.00 Dec/15
Maldives 6.80 Jun/16
China 6.70 Sep/16
Djibouti 6.70 Dec/15
Tajikistan 6.50 Sep/16
Vietnam 6.40 Sep/16
Kenya 6.20 Jun/16
Paraguay 6.20 Jun/16
Turkmenistan 6.20 Sep/16
Benin 6.10 Jun/16
Mali 6.00 Jun/16
Burkina Faso 5.90 Jun/16
Togo 5.80 Jun/16
Niger 5.70 Jun/16
Senegal 5.70 Jun/16
Chad 5.60 Dec/15
Bhutan 5.50 Dec/15
Guinea Bissau 5.50 Jun/16
Monaco 5.40 Dec/15
Rwanda 5.40 Jun/16
Nicaragua 5.30 Jun/16
Sao Tome and Principe 5.30 Dec/15
Panama 5.20 Jun/16
Indonesia 5.02 Sep/16
Zambia 5.00 Dec/15
Angola 4.90 Dec/15
Central African Republic 4.90 Dec/15
Sudan 4.90 Dec/15
Gambia 4.70 Dec/15
Romania 4.60 Sep/16
Luxembourg 4.40 Jun/16
Peru 4.40 Sep/16
Cuba 4.30 Dec/15
East Timor 4.30 Dec/15
Malaysia 4.30 Sep/16
Seychelles 4.30 Dec/15
Pakistan 4.24 Dec/15
Costa Rica 4.21 Jun/16
Fiji 4.20 Dec/15
Gabon 4.20 Dec/15
Ireland 4.10 Jun/16
Macau 4.00 Sep/16
Uganda 3.91 Jun/16
Algeria 3.90 Dec/15
Palestine 3.90 Jun/16
Israel 3.80 Sep/16
Cameroon 3.70 Mar/16
Iceland 3.70 Jun/16
Mozambique 3.70 Sep/16
Brunei 3.60 Mar/16
Honduras 3.60 Dec/15
New Zealand 3.60 Jun/16
Bulgaria 3.50 Sep/16
Cape Verde 3.50 Jun/16
Guatemala 3.40 Jun/16
Lesotho 3.40 Dec/15
United Arab Emirates 3.40 Dec/15
Australia 3.30 Jun/16
Kosovo 3.30 Jun/16
Bolivia 3.24 Jun/16
Albania 3.20 Jun/16
Comoros 3.20 Dec/15
Spain 3.20 Sep/16
Thailand 3.20 Sep/16
Mauritania 3.10 Dec/15
Turkey 3.10 Jun/16
Georgia 3.00 Jun/16
Guyana 3.00 Dec/15
Madagascar 3.00 Dec/15
Malta 3.00 Jun/16
Slovakia 3.00 Sep/16
Croatia 2.90 Sep/16
Malawi 2.90 Dec/15
Cyprus 2.80 Sep/16
Sweden 2.80 Sep/16
Montenegro 2.70 Jun/16
Slovenia 2.70 Sep/16
Serbia 2.60 Sep/16
Somalia 2.60 Dec/14
South Korea 2.60 Sep/16
Sri Lanka 2.60 Jun/16
Bahrain 2.50 Jun/16
El Salvador 2.50 Mar/16
Ghana 2.50 Jun/16
Mauritius 2.50 Jun/16
Poland 2.50 Sep/16
Cayman Islands 2.40 Mar/16
Iraq 2.40 Dec/15
Netherlands 2.40 Sep/16
Bosnia and Herzegovina 2.30 Jun/16
Egypt 2.30 Mar/16
United Kingdom 2.30 Sep/16
Macedonia 2.20 Jun/16
New Caledonia 2.20 Dec/15
Afghanistan 2.10 Dec/15
Taiwan 2.03 Sep/16
Hungary 2.00 Sep/16
Kyrgyzstan 2.00 Sep/16
Mexico 2.00 Sep/16
Qatar 2.00 Jun/16
Czech Republic 1.90 Sep/16
Hong Kong 1.90 Sep/16
Jordan 1.90 Jun/16
European Union 1.80 Sep/16
Greece 1.80 Sep/16
Kuwait 1.80 Dec/15
Moldova 1.80 Jun/16
Ukraine 1.80 Sep/16
Haiti 1.70 Dec/15
Lithuania 1.70 Sep/16
Swaziland 1.70 Dec/15
Botswana 1.60 Jun/16
Chile 1.60 Sep/16
Euro Area 1.60 Sep/16
Finland 1.60 Sep/16
Portugal 1.60 Sep/16
United States 1.60 Sep/16
Germany 1.50 Sep/16
Suriname 1.50 Dec/15
Zimbabwe 1.50 Dec/15
Jamaica 1.40 Jun/16
Saudi Arabia 1.40 Jun/16
Uruguay 1.40 Jun/16
Belgium 1.30 Sep/16
Canada 1.30 Sep/16
Switzerland 1.30 Sep/16
Tunisia 1.30 Sep/16
Austria 1.20 Sep/16
Bahamas 1.20 Dec/15
Colombia 1.20 Sep/16
Denmark 1.20 Sep/16
Republic of the Congo 1.20 Dec/15
Estonia 1.10 Sep/16
France 1.10 Sep/16
Singapore 1.10 Sep/16
Italy 1.00 Sep/16
Lebanon 1.00 Dec/15
Morocco 1.00 Sep/16
Barbados 0.90 Dec/15
Japan 0.90 Sep/16
Nepal 0.77 Dec/15
Iran 0.60 Mar/15
South Africa 0.60 Jun/16
Kazakhstan 0.40 Sep/16
Eritrea 0.30 Dec/15
Latvia 0.30 Sep/16
Liberia 0.30 Dec/15
Guinea 0.10 Dec/15
Russia -0.40 Sep/16
Puerto Rico -0.60 Dec/15
Liechtenstein -0.80 Dec/14
Norway -0.90 Sep/16
North Korea -1.10 Dec/15
Namibia -1.20 Jun/16
Belarus -1.30 Jun/16
Belize -1.60 Jun/16
Mongolia -1.60 Sep/16
Ecuador -2.20 Jun/16
Nigeria -2.24 Sep/16
Syria -2.30 Dec/11
Armenia -2.60 Sep/16
Brazil -2.90 Sep/16
Argentina -3.40 Jun/16
Azerbaijan -3.40 Jun/16
Burundi -4.10 Dec/15
South Sudan -5.30 Dec/15
Libya -6.00 Dec/15
Venezuela -7.10 Sep/15
Trinidad and Tobago -8.00 Jun/16
Equatorial Guinea -10.60 Dec/15
Oman -14.10 Dec/15
Sierra Leone -21.50 Dec/15
Yemen -28.10 Dec/15