Serbia — GDP growth
GDP Growth (Annual %) for Serbia, 1996–2025.
GDP growth for Serbia was 2.03% in 2025, according to the latest World Bank data. The series covers 30 years, from 1996 to 2025. The highest recorded value was 8.93% in 1997. The lowest was -10.33% in 1999 (about -5.1× the latest value). Across that span the compound annual growth rate works out to -3.76% per year.
Serbia ranks 145 of 212 economies on this measure (1 = highest), putting it in the top 68%. The median for Europe & Central Asia is 2.03%, so Serbia sits level with it. It peaked in 1997 and has fallen 77% since. Over the last decade (2015–2025) the figure moved up 57%. Within Europe & Central Asia it ranks 29 of 57 economies; Portugal (1.86%) is just below it. Its sharpest one-year move was up 937% in 2021. That is 37% below this series' own ten-year average.
Data highlights
World ranking. Slipped: 57th of 197 in 1996 → 47th of 199 in 2000 → 154th of 209 in 2010 → 51st of 209 in 2020 → 134th of 186 in 2025.
Key figures
Full history — 1996 to 2025
| Year | annual % | Change |
|---|---|---|
| 2025 | 2.03% | -1.9 pp |
| 2024 | 3.95% | +0.2 pp |
| 2023 | 3.75% | +1.0 pp |
| 2022 | 2.7% | -5.2 pp |
| 2021 | 7.95% | +8.9 pp |
| 2020 | -0.95% | -5.7 pp |
| 2019 | 4.75% | +0.1 pp |
| 2018 | 4.65% | +2.3 pp |
| 2017 | 2.36% | -0.6 pp |
| 2016 | 2.98% | +1.7 pp |
| 2015 | 1.3% | +3.1 pp |
| 2014 | -1.8% | -2.3 pp |
| 2013 | 0.45% | +0.9 pp |
| 2012 | -0.44% | -0.5 pp |
| 2011 | 0.05% | -1.6 pp |
| 2010 | 1.61% | +4.8 pp |
| 2009 | -3.14% | -8.3 pp |
| 2008 | 5.16% | -2.7 pp |
| 2007 | 7.83% | +3.9 pp |
| 2006 | 3.9% | -2.0 pp |
| 2005 | 5.9% | -0.8 pp |
| 2004 | 6.69% | +2.1 pp |
| 2003 | 4.56% | -2.0 pp |
| 2002 | 6.54% | -0.2 pp |
| 2001 | 6.78% | +0.7 pp |
| 2000 | 6.06% | +16.4 pp |
| 1999 | -10.33% | -15.7 pp |
| 1998 | 5.34% | -3.6 pp |
| 1997 | 8.93% | +2.8 pp |
| 1996 | 6.16% | — |
Frequently asked questions
What was Serbia’s GDP growth in 1997?
8.93% (1997). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Serbia’s GDP growth growing or shrinking?
Between 1996 and 2025 the series was shrinking overall: -67.1% in total — about 3.8% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.KD.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 2.03%; 2024: 3.95%; 2023: 3.75%; 2022: 2.7%; 2021: 7.95%. Earlier years are in the full-history table below.
Related data
NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.