Serbia GDP Growth
Annual percentage growth rate of GDP NY.GDP.MKTP.KD.ZG
Serbia's gdp growth was 2.38% in 2025, ranked 125th globally. This represents a 39.8% decrease from 2024. Data from World Bank, covering 1996–2025.
Overview
Serbia's gdp growth stood at 2.38% in 2025, a decline of +1.57pp from 2024. The IMF projects 2.38% by 2025. Serbia ranked 125th globally.
Serbia's economic growth has experienced significant fluctuations over the past three decades, with a notable all-time peak of 8.93% in 1997 and a steep decline to an all-time trough of -10.33% in 1999. The country's GDP growth has shown a marked improvement since the late 1990s, but the pace of recovery has been gradual, with the latest annual growth rate of 2.38% ranking #125 globally. Serbia's economic growth is comparable to that of St. Lucia, which also achieved a growth rate of 2.38% in 2025. The country's growth has been influenced by various factors, including its transition to a market-based economy and its integration into international trade and finance. However, the Serbian economy remains vulnerable to external shocks, and a significant increase in foreign investment, structural reforms, and improved institutional framework would be necessary to propel the country's growth trajectory upward.
Data & projection
| Year | GDP Growth | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 4.00% | - | - |
| 2029* IMF | 3.99% | - | - |
| 2028* IMF | 3.83% | - | - |
| 2027* IMF | 4.63% | - | - |
| 2026* IMF | 3.64% | - | - |
| 2025* IMF | 2.38% | - | - |
| 2025 | 2.38% | −1.57pp | #125 |
| 2024 | 3.95% | +0.10pp | #72 |
| 2023 | 3.75% | +1.12pp | #80 |
| 2022 | 2.70% | −5.25pp | #151 |
| 2021 | 7.95% | +8.90pp | #54 |
| 2020 | -0.95% | −5.70pp | #50 |
| 2019 | 4.75% | +0.10pp | #55 |
| 2018 | 4.65% | +2.29pp | #60 |
| 2017 | 2.36% | −0.61pp | #140 |
| 2016 | 2.98% | +1.68pp | #113 |
| 2015 | 1.30% | +3.10pp | #156 |
| 2014 | -1.80% | −2.26pp | #202 |
| 2013 | 0.45% | +0.90pp | #168 |
| 2012 | -0.44% | −0.50pp | #170 |
| 2011 | 0.05% | −1.56pp | #181 |
Detected Pattern
Analysis
Serbia matched the Stagflation Risk pattern in 2011. Historically, 38% of countries showing this pattern (117 out of 307) saw gdp growth improve within 24 months. View full analysis →
Frequently Asked Questions
Serbia's gdp growth was 2.38% in 2025. Ranked 125th globally. This represents a 39.8% decrease from the previous year.
Serbia's gdp growth peaked at 8.93% in 1997.
The lowest gdp growth in Serbia was -10.33% in 1999.
Serbia ranks 125th globally in gdp growth as of 2025.
The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.
Serbia's gdp growth is projected to reach 2.38% by 2025 based on IMF projection.
The gdp growth of Serbia in 2025 was 2.38%. This ranks 125th in the world.
Cite this page
@misc{historysaid_serbia_gdp-growth,
title = {Serbia GDP Growth},
url = {https://historysaid.com/serbia/gdp-growth/},
publisher = {HistorySaid},
year = {2026}
}