Serbia — Inflation
Inflation, Consumer Prices (Annual %) for Serbia, 1995–2025.
Latest value · 2025
3.89%
Inflation, Consumer Prices (Annual %) · annual % · -95.3% since 1995
Inflation for Serbia was 3.89% in 2025, according to the latest World Bank data. The series covers 31 years, from 1995 to 2025. The highest recorded value was 95.60% in 1996. The lowest was 1.12% in 2016 (about 3.5× the low point). Across that span the compound annual growth rate works out to -9.69% per year.
Serbia ranks 65 of 187 economies on this measure (1 = highest), putting it in the top 35%. The median for Europe & Central Asia is 3.79%, so Serbia sits above it. It peaked in 1996 and has fallen 96% since. Over the last decade (2015–2025) the figure moved up 179%.
Key figures
Latest (2025)
3.89%
First (1995)
82.66%
Change
-95.3%
Highest
95.60%
in 1996
Lowest
1.12%
in 2016
Average
19.93%
Annual growth (CAGR)
-9.69%
Years of data
31
Recent years
| Year | annual % |
|---|---|
| 2025 | 3.89% |
| 2024 | 4.67% |
| 2023 | 12.37% |
| 2022 | 11.98% |
| 2021 | 4.09% |
| 2020 | 1.58% |
| 2019 | 1.85% |
| 2018 | 1.96% |
| 2017 | 3.13% |
| 2016 | 1.12% |
| 2015 | 1.39% |
| 2014 | 2.08% |
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
FP.CPI.TOTL.ZG — Inflation, Consumer Prices (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.