Serbia: Economy

Economic Trivia

Serbia is the second largest producer of plums in the world.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2014): Italy, Germany, and Russia
Top 3 Exported Goods (2014): Motor Vehicles & Parts, Electrical Machinery, and Industrial Machinery

Top Industries Source: CIA World Factbook

Base Metals; Furniture; Food Processing; Machinery

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $96,917,553,632 (2014)
GDP Growth Rate (annual %) -1.813% (2014)
GDP Per Capita, PPP (current international) $13,594 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 81/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 2.082% (2014)
External debt stocks, total (DOD, current US$) $36,397,427,000 (2013)
Total tax rate (% of commercial profits) 39.7% (2015)
Real Interest Rate (5 year average %) 12.682% (2014)
Manufacturing, value added (% of GDP) 19.1% (2013)
Current Account Balance (BoP, current US$) ($2,634,631,882) (2014)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 3,132,027 (2014)
Employment in Agriculture (% of total employment) 21.3% (2013)
Employment in Industry (% of total employment) 25.9% (2013)
Employment in Services (% of total employment) 52.9% (2013)
Unemployment Rate 22.2% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $23,803,965,373 (2014)
Exports of goods and services (current US$) $19,448,483,292 (2014)
Total Merchandise Trade (% of GDP) 80.818% (2014)
FDI, net inflows (BoP, current US$) $1,999,520,402 (2014)
Commercial Service Exports (current US$) $5,033,471,921 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Serbia’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary