Serbia Economic Statistics and Indicators

27, May 2012, CEST. Welcome to the Econ Stats Beta from EconomyWatch.com.

Country: Serbia
National or Regional Currency: Serbian Dinar, CSD
Year of data: 2013 › Change year
Date of Last Update: 1st August 2011
Area: total: 77,474 sq km land: 77,474 sq km water: 0 sq km
Natural Resources: oil, gas, coal, iron ore, copper, zinc, antimony, chromite, gold, silver, magnesium, pyrite, limestone, marble, salt, arable land
Capital: name: Belgrade (Beograd) geographic coordinates: 44 50 N, 20 30 E time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
Data Source: All Sources (IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International)
More on the Serbia Economy
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Economic Indicator Listing
  For Serbia in year 2013 Indicator Value
GDP Growth (Constant Prices, National Currency) 5.5 %
GDP (Current Prices, National Currency)CSD 4,130.10 Billion.
GDP (Current Prices, US Dollars)US$ 52.985 Billion
GDP Deflator 271.5 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)CSD 204,441.41 .
GDP Per Capita (Current Prices, National Currency)CSD 555,059.14 .
GDP Per Capita (Current Prices, US Dollars)US$ 7,120.86
GDP (PPP), US DollarsUS$ 94.873 Billion
GDP Per Capita (PPP), US DollarsUS$ 12,750.28
GDP Share of World Total (PPP) 0.108 %
Implied PPP Conversion Rate 43.533
Investment (% of GDP) 21.843 %
Gross National Savings (% of GDP) 15.969 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 483.67 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 4.001 %
Inflation, End of Year (Indexed to Year 2000) 313.571 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 4 %
Import Volume of All Items Including Goods and Services (Percent Change) 9.6 %
Import Volumes of Goods Only (Percent Change) 9.6 %
Export Volume of All Items Including Goods and Services (Percent Change) 15.974 %
Export Volumes of Goods Only (Percent Change) 15.974 %
Value of Oil ImportsUS$ 5.667 Billions
Value of Oil ExportsUS$ 0.545 Billions
Unemployment Rate (% of Labour Force) 19.304 %
Population 7.441 Million
General government revenue (National Currency)CSD 1,566.48 Billions.
General government revenue (% of GDP) 37.928 %
General government total expenditure (National Currency)CSD 1,629.89 Billions.
General government total expenditure (% of GDP) 39.464 %
Total Government Net Lending/ Borrowing (National Currency)CSD -63.406 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -1.535 %
General Government Structural Balance (National Currency)CSD -2.588 Billion.
Total Government Net Debt (National Currency)CSD 1,415.47 Billion.
Total Government Net Debt (% of GDP) 34.272 %
Total Government Gross Debt (National Currency)CSD 1,561.87 Billion.
Total Government Gross Debt (% of GDP) 37.817 %
Fiscal Year Gross Domestic Product, Current PricesCSD 4,130.10 Billions.
Current Account Balance (US Dollars)US$ -3.18 Billion
Current Account Balance (% GDP) -6.003 %
Economic Indicators for Serbia 2013

GDP (Constant Prices, National Currency) for Serbia in year 2013 is CSD 1,521.21 Billion. Real GDP is expressed in billions of national currency units; the base year is country-specific.

GDP Growth (Constant Prices, National Currency) for Serbia in year 2013 is 5.5 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.

GDP (Current Prices, National Currency) for Serbia in year 2013 is CSD 4,130.10 Billion. GDP is expressed in billions of national currency units.

GDP (Current Prices, US Dollars) for Serbia in year 2013 is US$ 52.985 Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions.

GDP Deflator for Serbia in year 2013 is 271.5 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.

GDP Per Capita (Constant Prices, National Currency) for Serbia in year 2013 is CSD 204,441.41 . GDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population.

GDP Per Capita (Current Prices, National Currency) for Serbia in year 2013 is CSD 555,059.14 . GDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population.

GDP Per Capita (Current Prices, US Dollars) for Serbia in year 2013 is US$ 7,120.86 . GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.

GDP (PPP), US Dollars for Serbia in year 2013 is US$ 94.873 Billion. Gross domestic product based on purchasing-power-parity (PPP) valuation of country GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Per Capita (PPP), US Dollars for Serbia in year 2013 is US$ 12,750.28 . Gross domestic product based on purchasing-power-parity (PPP) per capita GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Share of World Total (PPP) for Serbia in year 2013 is 0.108 %. Gross domestic product based on purchasing-power-parity (PPP) share of world total. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Implied PPP Conversion Rate for Serbia in year 2013 is 43.533 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Investment (% of GDP) for Serbia in year 2013 is 21.843 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

Gross National Savings (% of GDP) for Serbia in year 2013 is 15.969 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Serbia in year 2013 is 483.67 (Index, Base Year 2000 = 100). Data for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.

Inflation (Average Consumer Price Change %) for Serbia in year 2013 is 4.001 %. Data for inflation are averages for the year, not end-of-period data.

Inflation, End of Year (Indexed to Year 2000) for Serbia in year 2013 is 313.571 (Index, Base Year 2000 = 100). Data for inflation are end of the period, not annual average data. The index is based on 2000=100.

Inflation (End of Year Change %) for Serbia in year 2013 is 4 %. Data for inflation are end of the period, not annual average data.

Import Volume of All Items Including Goods and Services (Percent Change) for Serbia in year 2013 is 9.6 %.

Import Volumes of Goods Only (Percent Change) for Serbia in year 2013 is 9.6 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Serbia in year 2013 is 15.974 %.

Export Volumes of Goods Only (Percent Change) for Serbia in year 2013 is 15.974 %.

Value of Oil Imports for Serbia in year 2013 is US$ 5.667 Billions. Value is equal to the price per unit of quantity of oil imports multiplied by the number of quantity units.

Value of Oil Exports for Serbia in year 2013 is US$ 0.545 Billions. Value is equal to the price per unit of quantity of oil exports multiplied by the number of quantity units.

Unemployment Rate (% of Labour Force) for Serbia in year 2013 is 19.304 %.

Population for Serbia in year 2013 is 7.441 Million .

General government revenue (National Currency) for Serbia in year 2013 is CSD 1,566.48 Billions. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government revenue (% of GDP) for Serbia in year 2013 is 37.928 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government total expenditure (National Currency) for Serbia in year 2013 is CSD 1,629.89 Billions. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

General government total expenditure (% of GDP) for Serbia in year 2013 is 39.464 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

Total Government Net Lending/ Borrowing (National Currency) for Serbia in year 2013 is CSD -63.406 Billions. Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.

Total Government Net Lending/ Borrowing (% of GDP) for Serbia in year 2013 is -1.535 %.

General Government Structural Balance (National Currency) for Serbia in year 2013 is CSD -2.588 Billion. Data are on a national income accounts basis. The structural budget position is defined as the actual budget deficit (or surplus) less the effects of cyclical deviations of output from potential output. Because of the margin of uncertainty that attaches to estimates of cyclical gaps and to tax and expenditure elasticities with respect to national income, indicators of structural budget positions should be interpreted as broad orders of magnitude.

Total Government Net Debt (National Currency) for Serbia in year 2013 is CSD 1,415.47 Billion. Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.receivable.

Total Government Net Debt (% of GDP) for Serbia in year 2013 is 34.272 %. Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.

Total Government Gross Debt (National Currency) for Serbia in year 2013 is CSD 1,561.87 Billion. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Total Government Gross Debt (% of GDP) for Serbia in year 2013 is 37.817 %. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Fiscal Year Gross Domestic Product, Current Prices for Serbia in year 2013 is CSD 4,130.10 Billions. Gross domestic product corresponding to fiscal year is the country's GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country's GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices.

Current Account Balance (US Dollars) for Serbia in year 2013 is US$ -3.18 Billion. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

Current Account Balance (% GDP) for Serbia in year 2013 is -6.003 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

* Source: IMF
Aggregate Indicators for Serbia
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Serbia
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Serbia
  Natural Resources, Agricultural Products, Land Use and Water Use for Serbia
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Serbia
  Age Structure, Median Age, Gender and Urbanization for Serbia
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Serbia
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Serbia
  HIV, AIDS and Other Major Infectious Disease Rates for Serbia
  Nationality, Ethnic Groups, Languages and Religions for Serbia
  Literacy Rate, Educational Expenditure and School Life Expectancy for Serbia
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Serbia
  Labor Force by Occupation for Serbia
  Poverty Line, Gini Index, Household Income and Consumption for Serbia
  National Budget and Public Debt for Serbia
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Serbia
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Serbia
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Serbia
  Industries and Industrial Growth Production Rate for Serbia
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Serbia
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Serbia
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Serbia
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Serbia
  Foreign Exchange Reserves and Gold Reserves for Serbia
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Serbia
  Exchange Rate Statistics for Serbia
  Television and Radio Statistics (TV Stats, Radio Stats) for Serbia
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Serbia
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Serbia
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Serbia
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Serbia
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Serbia
* Source: CIA
Internet Indicators for Serbia
Indicators
  Number of Internet Users for Serbia
  Internet Penetration Rate for Serbia
  Number of Facebook Accounts for Serbia
  Facebook Penetration Rate for Serbia
* Source: IWS
Economic Freedom Indicators for Serbia
Indicators
  Economic Freedom World Rank for Serbia
  Economic Freedom Regional Ranking for Serbia
  Business Freedom for Serbia
  Trade Freedom for Serbia
  Fiscal Freedom for Serbia
  Government Spending for Serbia
  Monetary Freedom for Serbia
  Investment Freedom for Serbia
  Financial Freedom for Serbia
  Property Rights for Serbia
  Freedom from Corruption for Serbia
  Labor Freedom for Serbia
  Tariff Rate for Serbia
  Income Tax Rate for Serbia
  Corporate Tax Rate for Serbia
  Tax Burden % of GDP for Serbia
  Government Expenditure % of GDP for Serbia
* Source: HFO
Serbia Economic Indicators in other Years
  Serbia Economic Indicators for Year 2016 (Forecast)
  Serbia Economic Indicators for Year 2015 (Forecast)
  Serbia Economic Indicators for Year 2014 (Forecast)
Serbia Economic Indicators for Year 2013 (Forecast)
  Serbia Economic Indicators for Year 2012 (Forecast)
  Serbia Economic Indicators for Year 2011 (Forecast)
  Serbia Economic Indicators for Year 2010 (Current)
  Serbia Economic Indicators for Year 2009
  Serbia Economic Indicators for Year 2008
  Serbia Economic Indicators for Year 2007
  Serbia Economic Indicators for Year 2006
  Serbia Economic Indicators for Year 2005
  Serbia Economic Indicators for Year 2004
  Serbia Economic Indicators for Year 2003
  Serbia Economic Indicators for Year 2002
  Serbia Economic Indicators for Year 2001
  Serbia Economic Indicators for Year 2000
  Serbia Economic Indicators for Year 1999
  Serbia Economic Indicators for Year 1998
  Serbia Economic Indicators for Year 1997
  Serbia Economic Indicators for Year 1996
  Serbia Economic Indicators for Year 1995
  Serbia Economic Indicators for Year 1994
  Serbia Economic Indicators for Year 1993
  Serbia Economic Indicators for Year 1992
  Serbia Economic Indicators for Year 1991
  Serbia Economic Indicators for Year 1990
  Serbia Economic Indicators for Year 1989
  Serbia Economic Indicators for Year 1988
  Serbia Economic Indicators for Year 1987
  Serbia Economic Indicators for Year 1986
  Serbia Economic Indicators for Year 1985
  Serbia Economic Indicators for Year 1984
  Serbia Economic Indicators for Year 1983
  Serbia Economic Indicators for Year 1982
  Serbia Economic Indicators for Year 1981
  Serbia Economic Indicators for Year 1980