rs Serbia 2020

Detailed economic analysis and indicators for 2020

Year 2020

Key Economic Indicators (2020)

GDP (Current USD)

$55.87 billion

↑ 3.73% vs 2019
GDP per Capita

$8,098.71

↑ 4.42% vs 2019
GDP Growth (Annual %)

-0.95%

↓ 5.70pp vs 2019
Inflation Rate (CPI %)

1.58%

↓ 0.27pp vs 2019

Year-over-Year Comparison

Indicator 2019 2020 Change
GDP (Current USD) $53.86 billion $55.87 billion +3.73%
GDP per Capita $7,755.63 $8,098.71 +4.42%
GDP Growth (Annual %) 4.75% -0.95% -5.70pp
Inflation (CPI %) 1.85% 1.58% -0.27pp
Unemployment Rate (%) 10.40% 9.01% -1.38pp

All Economic Indicators (2020)

National Accounts
GDP (Current USD)
$55.87 billion
GDP per Capita
$8,098.71
GDP Growth (Annual %)
-0.95%
Gross National Income
$54.25 billion
Prices & Employment
Inflation (CPI %)
1.58%
Inflation (GDP Deflator %)
2.65%
Unemployment Rate (%)
9.01%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-3.90%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2020, Serbia's Gross Domestic Product (GDP) is $55.87 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Serbia for 2020 is $8,098.71. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Serbia for 2020 is 1.58%. This measures the annual percentage change in the cost of consumer goods and services.

Serbia's annual GDP growth rate for 2020 is -0.95%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Serbia for 2020 is 9.01%. This represents the percentage of the labor force that is unemployed and actively seeking employment.