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Serbia

73 series · 1800–2025 · Upper middle income · Europe & Central Asia

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National accounts

VariableCodeCoverageLatest
Nominal GDPMillions of local currencynGDP1990–202510,392,687 (2025)
Nominal GDP (USD)Millions of US dollarsnGDP_USD1990–2025100,166 (2025)
Real GDPMillions of local currencyrGDP1952–20256,274,190 (2025)
Real GDP per capitaConstant local currency per personrGDP_pc1952–2025958,017 (2025)
Real GDP (USD)Millions of US dollarsrGDP_USD1952–202557,638 (2025)
DeflatorIndex, 2015 = 100deflator1990–2025165.6 (2025)
Real GDP per capita (USD)US dollars per personrGDP_pc_USD1952–20258,801 (2025)

Consumption and investment

VariableCodeCoverageLatest
Total consumptionMillions of local currencycons1990–20258,409,403 (2025)
Total consumption (% of GDP)Percent of GDPcons_GDP1990–202580.9 (2025)
Total consumption (USD)Millions of US dollarscons_USD1990–202581,051 (2025)
Household consumptionMillions of local currencyhcons1990–20256,489,531 (2025)
Household consumption (% of GDP)Percent of GDPhcons_GDP1990–202562.4 (2025)
Household consumption (USD)Millions of US dollarshcons_USD1990–202562,547 (2025)
Government consumptionMillions of local currencygcons1990–20251,919,871 (2025)
Government consumption (% of GDP)Percent of GDPgcons_GDP1990–202518.5 (2025)
Government consumption (USD)Millions of US dollarsgcons_USD1990–202518,504 (2025)
Gross capital formationMillions of local currencyinv1990–20252,429,891 (2025)
Gross capital formation (% of GDP)Percent of GDPinv_GDP1990–202523.4 (2025)
Gross capital formation (USD)Millions of US dollarsinv_USD1990–202523,420 (2025)
Gross fixed capital formationMillions of local currencyfinv1990–20252,373,613 (2025)
Gross fixed capital formation (% of GDP)Percent of GDPfinv_GDP1990–202522.8 (2025)
Gross fixed capital formation (USD)Millions of US dollarsfinv_USD1990–202522,877 (2025)

External sector

VariableCodeCoverageLatest
ExportsMillions of local currencyexports1873–20255,644,589 (2025)
Exports (% of GDP)Percent of GDPexports_GDP1990–202554.3 (2025)
Exports (USD)Millions of US dollarsexports_USD1990–202554,403 (2025)
ImportsMillions of local currencyimports1873–20256,091,196 (2025)
Imports (% of GDP)Percent of GDPimports_GDP1990–202558.6 (2025)
Imports (USD)Millions of US dollarsimports_USD1990–202558,708 (2025)
Current accountMillions of local currencyCA1997–2025-509,099 (2025)
Current account (% of GDP)Percent of GDPCA_GDP1997–2025-4.90 (2025)
USD exchange rateLocal currency per US dollarUSDfx1990–2025103.8 (2025)
Real effective exchange rateIndex, 2015 = 100REER1994–2025128.8 (2025)
Current account (USD)Millions of US dollarsCA_USD1997–2025-4,907 (2025)

Government finances

VariableCodeCoverageLatest
Government expenditureMillions of local currencygovexp2000–20254,486,547 (2025)
General government expenditureMillions of local currencygen_govexp2000–20254,486,547 (2025)
General government expenditure (% of GDP)Percent of GDPgen_govexp_GDP2000–202543.2 (2025)
Central government expenditureMillions of local currencycgovexp2007–20221,837,203 (2022)
Central government expenditure (% of GDP)Percent of GDPcgovexp_GDP2007–202224.6 (2022)
Government revenueMillions of local currencygovrev2000–20254,256,394 (2025)
General government revenueMillions of local currencygen_govrev2000–20254,256,394 (2025)
Central government revenueMillions of local currencycgovrev2007–20222,120,013 (2022)
General government revenue (% of GDP)Percent of GDPgen_govrev_GDP2000–202541.0 (2025)
Central government revenue (% of GDP)Percent of GDPcgovrev_GDP2007–202228.4 (2022)
Government tax revenueMillions of local currencygovtax2007–20221,962,286 (2022)
General government tax revenueMillions of local currencygen_govtax2007–20221,962,286 (2022)
Central government tax revenueMillions of local currencycgovtax2007–20221,875,308 (2022)
General government tax revenue (% of GDP)Percent of GDPgen_govtax_GDP2007–202226.3 (2022)
Central government tax revenue (% of GDP)Percent of GDPcgovtax_GDP2007–202225.1 (2022)
Government deficit (% of GDP)Percent of GDPgovdef_GDP2000–2025-2.21 (2025)
General government deficit (% of GDP)Percent of GDPgen_govdef_GDP2000–2025-2.21 (2025)
General government deficitMillions of local currencygen_govdef2000–2025-230,154 (2025)
Central government deficit (% of GDP)Percent of GDPcgovdef_GDP2007–2022-2.69 (2022)
Central government deficitMillions of local currencycgovdef2007–2022-200,767 (2022)
Government debt (% of GDP)Percent of GDPgovdebt_GDP2000–202542.4 (2025)
General government debt (% of GDP)Percent of GDPgen_govdebt_GDP2000–202542.4 (2025)
General government debtMillions of local currencygen_govdebt2000–20254,411,442 (2025)
Central government debt (% of GDP)Percent of GDPcgovdebt_GDP2005–202447.2 (2024)
Central government debtMillions of local currencycgovdebt2005–20244,600,702 (2024)
Government debtMillions of local currencygovdebt2000–20254,411,442 (2025)
Government deficitMillions of local currencygovdef2000–2025-230,154 (2025)
Government expenditure (% of GDP)Percent of GDPgovexp_GDP2000–202543.2 (2025)
Government revenue (% of GDP)Percent of GDPgovrev_GDP2000–202541.0 (2025)
Government tax revenue (% of GDP)Percent of GDPgovtax_GDP2007–202226.3 (2022)

Money and interest rates

VariableCodeCoverageLatest
Short-term interest ratePercentstrate1884–20254.68 (2025)
Central bank policy ratePercentcbrate1884–20255.75 (2025)
M0 (monetary base)Millions of local currencyM01884–20241,720,609 (2024)
M3Millions of local currencyM32003–20245,163,237 (2024)

Prices and labor markets

VariableCodeCoverageLatest
House price indexIndex, 2015 = 100HPI2000–2025268.3 (2025)
Real house price indexIndex, 2015 = 100rHPI2000–2025171.2 (2025)
Consumer price indexIndex, 2015 = 100CPI1914–2025156.7 (2025)
InflationPercentinfl1929–20253.88 (2025)
PopulationMillions of peoplepop1800–20256.55 (2025)
Unemployment ratePercentunemp1995–20258.67 (2025)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →