The Serbian GDP expanded by 3.8% from the previous year in the second quarter of 2026, picking up from the 3.2% growth rate in the earlier period and revised higher from the preliminary estimate of 3.6%. It was the sharpest expansion since the second quarter of 2024, underscoring the country's resilience to the economic shocks of higher energy prices and trade bottlenecks since the outbreak of war in the Middle East. Output soared for construction (9.1% vs -9.7% in Q1), agriculture, forestry, and fishing (12.1% vs 11.6%), financial and insurance services (5.2% vs 7.1%), and professional, scientific, and technical activities (5.8% vs 6.1%). From the previous quarter, the Serbian GDP expanded by 1.5% on a seasonally adjusted basis, the most in three years. source: Statistical Office of the Republic of Serbia

The Gross Domestic Product (GDP) in Serbia expanded 3.80 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Serbia averaged 3.15 percent from 1997 until 2026, reaching an all time high of 25.10 percent in the second quarter of 2000 and a record low of -21.70 percent in the second quarter of 1999. This page provides - Serbia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

The Gross Domestic Product (GDP) in Serbia expanded 3.80 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Serbia is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia GDP Annual Growth Rate is projected to trend around 5.00 percent in 2027 and 3.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-31 10:00 AM
YoY Flash
Q2 3.6% 3.2% 3.5%
2026-08-31 10:00 AM
YoY Final
Q2 3.8% 3.2% 3.6% 3.6%
2026-11-02 11:00 AM
YoY Flash
Q3 3.6%


Related Last Previous Unit Reference
Full Year GDP Growth 3.90 3.80 percent Dec 2024
GDP Growth Rate YoY 3.80 3.20 percent Jun 2026
GDP Constant Prices 1918836.30 1790603.90 RSD Million Jun 2026
GDP from Agriculture 76348.00 67849.70 RSD Million Jun 2026
GDP from Construction 84035.70 60662.00 RSD Million Jun 2026
GDP from Manufacturing 355501.10 352848.90 RSD Million Jun 2026
GDP from Public Administration 231323.80 216863.60 RSD Million Jun 2026
GDP from Services 301812.30 271381.90 RSD Million Jun 2026
GDP Growth Rate 1.50 0.50 percent Jun 2026
Gross Fixed Capital Formation 432354.70 395122.20 RSD Million Jun 2026


Serbia GDP Annual Growth Rate
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.
Actual Previous Highest Lowest Dates Unit Frequency
3.80 3.20 25.10 -21.70 1997 - 2026 percent Quarterly
NSA

News Stream
Serbia GDP Growth Rises to 2-Year High
The Serbian GDP expanded by 3.8% from the previous year in the second quarter of 2026, picking up from the 3.2% growth rate in the earlier period and revised higher from the preliminary estimate of 3.6%. It was the sharpest expansion since the second quarter of 2024, underscoring the country's resilience to the economic shocks of higher energy prices and trade bottlenecks since the outbreak of war in the Middle East. Output soared for construction (9.1% vs -9.7% in Q1), agriculture, forestry, and fishing (12.1% vs 11.6%), financial and insurance services (5.2% vs 7.1%), and professional, scientific, and technical activities (5.8% vs 6.1%). From the previous quarter, the Serbian GDP expanded by 1.5% on a seasonally adjusted basis, the most in three years.
2026-08-31
Serbia GDP Growth Revised Higher in Q1
The Serbian economy advanced by 3.2% year-on-year in Q1 2026, up from 2.2% in the previous three-month period and above preliminary estimates of 3.0%. The latest reading also marked the strongest growth since Q4 2025. Growth accelerated in household consumption (4.8% vs 3.7% in Q4) and government spending (5.1% vs 4.2%). Meanwhile, growth slowed sharply in gross fixed capital formation (1.4% vs 8.9%), as well as net external demand, with both exports (4.6% vs 5.3%) and imports (3.6% vs 7.6%) easing. On the production side, wholesale and retail trade (4.9% vs 0.6%) recorded the strongest expansion, followed by agriculture, forestry and fishing (7.1% vs -0.3%), financial and insurance activities (6.9% vs 2.0%), and professional, scientific and technical activities (6.1% vs 5.3%). On a seasonally adjusted quarterly basis, the economy grew by 0.2% in Q1 2026, slowing from 1.0% in the preceding quarter.
2026-06-01
Serbia Q4 GDP Growth Confirmed at 1-Year High
The Serbian economy advanced by 2.2% year-on-year in the final quarter of 2025, confirming preliminary estimates and accelerating from a 2% growth in the previous three-month period. The latest figure also marked the strongest growth for the year, driven by faster increases in household expenditure (3.7% vs 3.5% in Q3) and government spending (4.2% vs 3.8%). Additionally, gross fixed capital formation rebounded sharply (8.9% vs -2.2%). Meanwhile, net external demand contributed negatively to the GDP, with imports (7.6% vs 4.8%) rising more than exports (5.3% vs 4.2%). On the production side, the construction sector (10.6% vs -12.2%) posted the most notable output increase, followed by professional, scientific and technical activities (5.3% vs 4.2%), and arts, entertainment and recreation (5.2% vs 5.4%). On a seasonally adjusted quarterly basis, the economy expanded by 1% in the fourth quarter, following a 0.7% growth in the preceding period.
2026-03-02