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 (2017): Germany, Italy, and Russia
Top 3 Exported Goods (2017): Electrical Machinery, Motor Vehicles & Parts, and Industrial Machinery

Top Industries Source: CIA World Factbook

Base Metals; Furniture; Food Processing; Machinery

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $105,966,213,106 (2017)
GDP Growth Rate (annual %) 1.867% (2017)
GDP Per Capita, PPP (current international) $15,090 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 82/195 (2017)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 3.131% (2017)
External debt stocks, total (DOD, current US$) $29,599,394,000 (2016)
Total tax rate (% of commercial profits) 39.7% (2017)
Real Interest Rate (5 year average %) 4.079% (2014)
Manufacturing, value added (% of GDP) 15.628% (2016)
Current Account Balance (BoP, current US$) ($2,354,814,247) (2017)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 3,138,980 (2017)
Employment in Agriculture (% of total employment) 19.018% (2017)
Employment in Industry (% of total employment) 24.396% (2017)
Employment in Services (% of total employment) 56.586% (2017)
Unemployment Rate 14.105% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $25,380,924,453 (2017)
Exports of goods and services (current US$) $21,730,757,274 (2017)
Total Merchandise Trade (% of GDP) 94.297% (2017)
FDI, net inflows (BoP, current US$) $2,878,817,772 (2017)
Commercial Service Exports (current US$) $5,933,435,178 (2017)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank