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Serbia GDP Deflator

Inflation as measured by annual growth rate of GDP implicit deflator  NY.GDP.DEFL.KD.ZG

12.51% +6.16pp (+97.0%)
Year 2025 Rank #31 Global Peak 85.58% (1996) Source World Bank

Serbia GDP Deflator (1996–2025)

Overview

Serbia's gdp deflator stood at 12.51% in 2025, a rise of +6.16pp from 2024. Based on recent trends, this figure is projected to reach 12.51% by 2025. Serbia ranked 31st globally.

Data & projection

Year GDP Deflator YoY change Rank
2027* trend 15.64% - -
2026* trend 14.07% - -
2025* trend 12.51% - -
2025 12.51% +6.16pp #31
2024 6.35% −7.58pp #145
2023 13.93% +3.47pp #179
2022 10.46% +4.77pp #146
2021 5.68% +3.03pp #122
2020 2.65% +0.30pp #122
2019 2.35% +0.35pp #105
2018 2.00% −1.00pp #84
2017 3.00% +1.45pp #108
2016 1.54% −0.63pp #90
2015 2.17% −0.74pp #96
2014 2.91% −4.89pp #127
2013 7.80% +1.76pp #186
2012 6.04% −4.96pp #143
2011 11.00% +6.05pp #160
Show all years (1996-2025)
* Linear trend extrapolation

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 11.1% GDP growth 0.1% Unemployment 23.0%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Serbia matched the Stagflation Risk pattern in 2011. Historically, 38% of countries showing this pattern (117 out of 307) saw gdp deflator improve within 24 months. View full analysis →

Frequently Asked Questions

What is Serbia's gdp deflator?

Serbia's gdp deflator was 12.51% in 2025. Ranked 31st globally. This represents a 97.0% increase from the previous year.

What was the highest gdp deflator in Serbia?

Serbia's gdp deflator peaked at 85.58% in 1996.

What was the lowest gdp deflator in Serbia?

The lowest gdp deflator in Serbia was 1.54% in 2016.

How does Serbia rank in gdp deflator?

Serbia ranks 31st globally in gdp deflator as of 2025.

What is the World Bank indicator code for gdp deflator?

The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.

What is the projected gdp deflator of Serbia in 2025?

Serbia's gdp deflator is projected to reach 12.51% by 2025 based on trend extrapolation.

What is the gdp deflator of Serbia in 2025?

The gdp deflator of Serbia in 2025 was 12.51%. This ranks 31st in the world.

Cite this page

APA
Serbia GDP Deflator. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/serbia/gdp-deflator
BibTeX
@misc{historysaid_serbia_gdp-deflator, title = {Serbia GDP Deflator}, url = {https://historysaid.com/serbia/gdp-deflator}, publisher = {HistorySaid}, year = {2026} }