Serbian town in the winter

Serbia GDP per capita (EUR)

GDP per capita in Serbia

GDP growth accelerates in Q1 but remains subdued

According to a preliminary reading, GDP growth improved moderately to 0.7% year on year in the first quarter, from 0.4% in the fourth quarter of last year.

Data for Q1 points to a slowdown in private spending as a result of monetary tightening and still high inflation denting real disposable income. In contrast, industrial activity expanded. Moreover, the external sector performed well, with a strong export performance and relative flattish imports in annual terms.

Serbia GDP per capita Chart

This chart displays GDP per capita (EUR) for Serbia from 2013 to 2022.

Serbia GDP per capita Data

2017 2018 2019 2020 2021
GDP per capita (EUR) 5,584 6,144 6,625 6,786 7,760

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