Source
Central bank

National Bank of Serbia

International Reserves

USD 10.8 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 39.5 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 106.5 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
4.9% 5.9% 5.4% -3.1% 0.6% 1.4% -1%
2013 2014 2015 2016* 2017*    
2.6% -1.8% 0.7% 2.5% 2.8%    

*Estimate

GDP per capita - current prices

USD 5,544.4 (2017, estimate)

GDP per capita - PPP

Intl$ 14,938.3 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
N/A N/A 0.10% 0.10% 0.09%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 9.7% 
  • industry: 42.7% 
  • services: 47.6%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2013 2014 2015 2016* 2017*
7.7% 2.1% 1.4% 1.3% 3.2%

*Estimate

Unemployment rate
2013 2014 2015 2016* 2017*
23.0% 20.1% 18.5% 18.6% 18.7%

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
61.4% 72% 77.4% 76.8% 75.2%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-5.3% -6.2% -3.7% -2.4% -2.1%

*Estimate  

Government bond ratings

Standard & Poor's: BB-

Moody's: B1

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A

 

Largest companies in Serbia

N/A

 
 
Source
Current account balance

US$ -2.114 billion (2014 estimate)

Current account balance by percentage of GDP

-4.766% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

40.3% (2012)

Shares in world total merchandising export

0.06% (2012)

Shares in world total commercial services export

0.09% (2012)

Total exports

US$14.61 billion (2013 estimate) 

Export commodities

iron and steel, rubber, clothes, wheat, fruit and vegetables, nonferrous metals, electric appliances, metal products, weapons and ammunition, automobiles

Total imports

US$20.540 billion (2013 estimate) 

 
 
Source
Import commodities

N/A

Exports - major partners

N/A

Imports - major partners

N/A

FDI inflows
2011 2012 2013
US$2,709 million US$365 million US$1,034 million
FDI outflows
2011 2012 2013  
US$170 million US$54 million US$13 million  
Value of cross-border M&A; by country of purchaser
2010 2011 2012 2013
US$0 US$51 million US$1 million US$0
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 93 out of 189 countries (2013)

Subcategories:

Starting a business: 45 out of 189 countries

Enforcing Contracts: 116 out of 189 countries

Registering Property: 44 out of 189 countries

Getting credit: 42 out of 189 countries

Protecting investors: 80 out of 189 countries

Trading across border: 98 out of 189 countries

Paying Taxes: 161 out of 189 countries

Dealing with Construction Permits: 182 out of 189 countries

Getting Electricity: 85 out of 189 countries

Resolving Insolvency: 103 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

94

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 95  Score: 59.4 (Mostly Unfree) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC+1

Total area

77,474 sq km

Capital

Belgrade (Beograd) 

Currency

Serbian dinars (RSD) 

Government type

republic 

Languages

Serbian (official) 88.1%, Hungarian 3.4%, Bosnian 1.9%, Romany 1.4%, other 3.4%, undeclared or unknown 1.8%    note: Serbian, Hungarian, Slovak, Romanian, Croatian, and Rusyn all official in Vojvodina (2011 est.) 

Religions

Serbian Orthodox 84.6%, Catholic 5%, Muslim 3.1%, Protestant 1%, atheist 1.1%, other 0.8%, undeclared or unknown 4.5% (2011 est.)

Total population
1990 2000 2010 2014* 2019**
N/A 7.516 million 7.291 million 7.199 million 7.199 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
N/A N/A 53% 55%
Population median age

41.9 years (2014 estimate)

Population growth rate

-0.46% (2014 estimate)

Life expectancy

75.02 years (2014 estimate)

Adult literacy

98% (2011 estimate)

% of population living on less than $2 a day

0.5% (2010)

Inequality of wealth distribution (Gini index)

29.7 (2010)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 2
Civil Liberties: 2 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed 39.3%  Mobile 119.4%
(2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

51.5% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Belgrade: 184th (2014)

CO2 emissions(Metric tons of CO2 per capita)

6.3 (2010)

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