Serbia gdp growth

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Serbia gdp growth: 1.3 (0%)
Last Update: September 30, 2023

Serbia gdp growth closed down 1.3 as of September 30, 2023 from 1.3 from the previous month and 7.2 from last year.


Serbia gdp growth Analytics & Data




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Serbia gdp growth

Date Values
2023-09-30 1.3
2023-06-30 1.3
2023-03-31 0.2
2022-12-31 0.7
2022-09-30 -0.6
2022-06-30 0.7
2022-03-31 -0.5
2021-12-31 1.6
2021-09-30 1.5
2021-06-30 1.7
2021-03-31 2
2020-12-31 2.2
2020-09-30 7.2
2020-06-30 -9.2
2020-03-31 -0.8
2019-12-31 1.9
2019-09-30 2.2
2019-06-30 1.5
2019-03-31 0.8
2018-12-31 0.3


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Serbia gdp growth Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
gdp growth rs.gdpgrowth 1.3 0.2 550 -114 Down UP 37 2023-06-30

Serbia gdp growth Factors

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What is the Serbia gdp growth

Welcome to the Serbia GDP Growth Data Page!

On this webpage, you will find a comprehensive collection of current and historical data, trends and signals, analytics, and charts related to Serbia's GDP growth. We provide these resources to help you gain insights into the economic performance of Serbia over time.

What is Serbia GDP Growth?

GDP growth is a vital economic indicator that measures the rate at which a country's economy is expanding or contracting over a specific period. It represents the increase in the total value of goods and services produced within a country's borders. GDP growth reflects the overall health and performance of an economy, and it influences various aspects such as employment, investment, and living standards.

Interpreting Serbia GDP Growth:

When analyzing Serbia's GDP growth, it is essential to focus on both the current and historical trends. By examining annual or quarterly changes, you can identify patterns, fluctuations, and potential factors driving the economy. Here are a few interpretations to consider:

1. Positive GDP Growth: A positive GDP growth indicates that the Serbian economy is expanding. It suggests increased production, consumption, and investment, which are generally favorable for businesses and employment opportunities.

2. Negative GDP Growth: A negative GDP growth, also known as an economic contraction or recession, implies a decline in economic activity within Serbia. This can be due to various factors such as decreased consumer spending, reduced export demand, or unfavorable economic policies.

3. Comparative Analysis: Comparing Serbia's GDP growth with other countries or regions can provide valuable context. It helps evaluate the country's relative economic performance and potential areas for improvement or opportunities for collaboration.

4. Long-Term Trends: Analyzing Serbia's GDP growth over a more extended period offers insights into the country's economic resilience, structural changes, and overall development. It helps assess the effectiveness of economic policies implemented over time.

Exporting Historical Data:

As part of our commitment to delivering accurate and reliable information, we offer the option to export historical data for free. This feature enables you to download the data in various formats, empowering further analysis and integration into your models or systems.

MacroVar Signals, Trends, and Analysis:

Additionally, we provide MacroVar signals, trends, and analysis tools to enhance your understanding of Serbia's GDP growth. These dynamic features utilize advanced algorithms and statistical models to identify potential turning points, forecast future trends, and identify key factors driving GDP growth.

We hope that this webpage serves as a valuable resource for your research, analysis, and decision-making processes. Should you have any questions or require further assistance, please don't hesitate to reach out to our team. Happy exploring!

Serbia Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
Serbia Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade rs.balanceoftrade -853 -612.4 39 16 Down Down 60 2023-11-30
consumer price index cpi rs.cpi 271.8 271.1 0 5 UP UP 50 2024-03-31
current account rs.currentaccount 139.7 -761.7 -118 299 UP UP 93 2024-01-31
current account to gdp rs.currentaccountgdp -2.6 -6.9 -62 -76 UP UP 0 2024-01-31
deposit interest rate rs.depositrate 5.25 5.25 0 31 UP UP 63 2023-08-10
exports rs.exports 2572 2576.8 -0 9 UP UP 56 2023-10-31
external debt rs.externaldebt 44821.4 44374.9 1 46 UP UP 85 2023-09-30
foreign exchange reserves rs.fxreserves 25031.4 25036.9 -0 17 UP UP 57 2024-03-31
gdp rs.gdp 63.56 63.1 1 29 UP UP 0 2023-01-31
Real GDP rs.realgdp 1478360 1429940 3 13 UP UP 94 2023-12-31
gdp growth rs.gdpgrowth 1.3 0.2 550 -114 Down UP 37 2023-06-30
gdp growth annual rs.gdpgrowthan 3.5 1.7 106 -450 Down UP 6 2023-12-31
gold reserves rs.goldres 39.95 38.68 3 13 UP UP 36 2023-12-31
government budget rs.govbudget -2.2 -3.3 -33 -42 UP UP 0 2023-01-31
government debt rs.govdebt 24706.1 24595 0 -99 Down Down 8 2021-09-30
government debt to gdp rs.govdebtgdp 55.1 56.5 -2 39 Down UP 0 2022-01-31
imports rs.imports 3425 3189.2 7 4 UP UP 42 2023-10-31
industrial production rs.indproduction 8.4 6.9 22 342 UP UP 90 2024-02-29
inflation cpi rs.inflationcpi 5 5.6 -11 -69 Down Down 3 2024-03-31
interbank rate rs.interbankrate 5.89 5.89 0 0 Down UP 30 2023-08-15
interest rate rs.interestrate 6.5 6.5 0 117 UP UP 77 2023-08-10
lending rate rs.lendingrate 7.75 7.75 0 94 UP UP 78 2023-08-10
loans to private sector rs.loanprivate 1402470 1407610 -0 2 UP UP 18 2024-02-29
money supply m0 rs.msm0 341236 338742 1 18 UP UP 72 2024-02-29
money supply m1 rs.msm1 1639220 1650560 -1 15 UP UP 38 2024-02-29
money supply m2 rs.msm2 2163780 2181500 -1 15 UP UP 36 2024-02-29
money supply m3 rs.msm3 4514280 4525180 -0 11 UP UP 32 2024-02-29
retail sales MoM rs.retailsales 0.3 -20.3 -101 -101 UP UP 22 2024-01-31
retail sales rs.retailsalesan 8.8 4.1 115 389 UP UP 92 2024-01-31
unemployment rate rs.unemploymentrate 9.1 9 1 -15 Down Down 0 2023-12-31
youth unemployment rate rs.ytunemploymentrate 26 24.9 4 -22 UP Down 0 2023-12-31
Construction sector rs.esi.constr -4.8 -5.7 -16 -17 Down UP 65 2023-06-30
Consumer sector rs.esi.cons -3.8 -7.4 -49 -64 UP UP 0 2023-06-30
Manufacturing sector rs.esi.man -0.1 -1.8 -94 -108 UP Down 33 2023-06-30
Retail sector rs.esi.ret 5.4 7.6 -29 -21 Down Down 47 2023-06-30
Services sector rs.esi.serv 3.7 3.2 16 -18 UP Down 63 2023-06-30
ESI - Economic Composite rs.esi.conf 103.9 104.3 0 7 Down UP 84 2022-02-28