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Quarterly Gross domestic product of the Republic of Serbia

The real GDP growth in the first quarter of 2021, compared to the corresponding period of the previous year, amounted 1.7%. According to seasonally adjusted GDP data, gross domestic product increased by 1.9% in the first quarter of 2021, compared to the previous quarter.

Quarterly Gross domestic product of the Republic of Serbia

The real GDP growth in the second quarter of 2021, compared to the corresponding period of the previous year, amounted 13.7%. According to seasonally adjusted GDP data, gross domestic product increased by 1.3% in the second quarter of 2021, compared to the previous quarter.

Gross Domestic Product

Gross domestic product (GDP) in 2020 amounted to RSD 5 502 216 million at current prices. When compared to the previous year, GDP increased by 1.5% in nominal terms, and follen by 0.9% in real terms.

Quarterly Gross domestic product of the Republic of Serbia

The real GDP growth in the third quarter of 2021, compared to the corresponding period of the previous year, amounted 7.7%. According to seasonally adjusted GDP data, gross domestic product increased by 1.6% in the third quarter of 2021, compared to the previous quarter.

Quarterly Gross domestic product of the Republic of Serbia

The real GDP growth in the fourth quarter of 2021, compared to the corresponding period of the previous year, amounted 7.0%. According to seasonally adjusted GDP data, gross domestic product increased by 1.7% in the fourth quarter of 2021, compared to the previous quarter.

Quarterly Gross domestic product of the Republic of Serbia

The real GDP growth in the first quarter of 2022, compared to the corresponding period of the previous year, amounted 4.4%. According to seasonally adjusted GDP data, gross domestic product decreased by 0.5% in the first quarter of 2022, compared to the previous quarter.

Quarterly Gross domestic product of the Republic of Serbia

The real GDP growth in the second quarter of 2022, compared to the corresponding period of the previous year, amounted 3.9%. According to seasonally adjusted GDP data, gross domestic product increased by 1.2% in the second quarter of 2022, compared to the previous quarter.

Gross Domestic Product

Gross domestic product (GDP) in 2021 amounted to RSD 6 270 097 million at current prices. When compared to the previous year, GDP increased by 13.9% in nominal terms, and by 7.5% in real terms.

Quarterly Gross domestic product of the Republic of Serbia

The real GDP growth in the third quarter of 2022, compared to the corresponding period of the previous year, amounted 1.0%. According to seasonally adjusted GDP data, gross domestic product decreased by 0.7% in the third quarter of 2022, compared to the previous quarter.

Quarterly Gross domestic product of the Republic of Serbia

The real GDP growth in the second quarter of 2023, compared to the corresponding period of the previous year, amounted 1.7%. According to seasonally adjusted GDP data, gross domestic product increased by 1.3% in the second quarter of 2023, compared to the previous quarter.

Quarterly Gross domestic product of the Republic of Serbia

The real GDP growth in the fourth quarter of 2022, compared to the corresponding period of the previous year, amounted 0.4%. According to seasonally adjusted GDP data, gross domestic product increased by 0.7% in the fourth quarter of 2022, compared to the previous quarter.

Gross Domestic Product

Gross domestic product (GDP) in 2022 amounted to RSD 7 097 629 million at current prices. When compared to the previous year, GDP increased by 13.2% in nominal terms, and by 2.5% in real terms.

Quarterly Gross domestic product of the Republic of Serbia

The real GDP growth in the third quarter of 2023, compared to the corresponding period of the previous year, amounted 3.6%. According to seasonally adjusted GDP data, gross domestic product increased by 1.3% in the third quarter of 2023, compared to the previous quarter.

Quarterly Gross domestic product of the Republic of Serbia

The real GDP growth in the first quarter of 2023, compared to the corresponding period of the previous year, amounted 0.7%. According to seasonally adjusted GDP data, gross domestic product decreased by 0.2% in the first quarter of 2023, compared to the previous quarter.

Quarterly Gross domestic product of the Republic of Serbia

The real GDP growth in the fourth quarter of 2023, compared to the corresponding period of the previous year, amounted 3.8%. According to seasonally adjusted GDP data, gross domestic product increased by 0.9% in the fourth quarter of 2023, compared to the previous quarter.

Quarterly Gross domestic product of the Republic of Serbia

The real GDP growth in the first quarter of 2024, compared to the corresponding period of the previous year, amounted 4.7%. According to seasonally adjusted GDP data, gross domestic product increased by 0.8% in the first quarter of 2024, compared to the previous quarter.

Quarterly Gross domestic product of the Republic of Serbia

The real GDP growth in the second quarter of 2024, compared to the corresponding period of the previous year, amounted 4.0%. According to seasonally adjusted GDP data, gross domestic product increased by 0.8% in the second quarter of 2024, compared to the previous quarter.

Gross Domestic Product

Gross domestic product (GDP) in 2023 amounted to RSD 8 817 763 million at current prices. When compared to the previous year, GDP increased by 18.2% in nominal terms, and by 3.8% in real terms.

Quarterly Gross domestic product of the Republic of Serbia

In this statistical release, Statistical Office of the Republic of Serbia communicates revised results of the quarterly gross domestic product calculations. The revision of the quarterly data was done in accordance with the revised annual data. The real GDP growth in the third quarter of 2024, compared to the corresponding period of the previous year, amounted 3.1%. According to seasonally adjusted GDP data, gross domestic product increased by 0.5% in the third quarter of 2024, compared to the previous quarter.

Quarterly Gross domestic product of the Republic of Serbia

The real GDP growth in the fourth quarter of 2024, compared to the corresponding period of the previous year, amounted 3.3%. According to seasonally adjusted GDP data, gross domestic product increased by 1.1% in the fourth quarter of 2024, compared to the previous quarter.

Quarterly Gross domestic product of the Republic of Serbia

The real GDP growth in the first quarter of 2025, compared to the corresponding period of the previous year, amounted 2.0%. According to seasonally adjusted GDP data, gross domestic product decreased by 0.6% in the first quarter of 2025, compared to the previous quarter.

Economic trends in the Republic of Serbia in 2020 (estimates)

The total economic activity of the Republic of Serbia in 2020, measured by the real movements of the Gross domestic product (GDP), was estimated to have made the real fall of 1.1% when related to 2019.

Material flow indicators, 2019

In 2019, domestic extraction amounted to 122 687 thousand tonnes; compared to the previous year it increased by 7.1%. Observed by categories, the largest share in domestic extraction was noted for the categories of biomass (41 381 thousand tons) and…

Quarterly Gross Domestic Product in the Republic of Serbia, 1st Quarter 2018

The real GDP growth in the first quarter of 2018, compared to the corresponding period of the previous year, amounted to 4.6%.

Quarterly Gross Domestic Product, at constant prices, 1st quarter 2018 – flash estimate

In the 1st quarter of 2018, real GDP increased by 4.5% in comparison to the corresponding period of the previous year.

Quarterly Gross domestic product, 4th quarter 2017

The real GDP growth in the fourth quarter of 2017, compared to the corresponding period of the previous year, amounted 2.5%.

Quarterly Gross Domestic Product, 4th quarter 2017 – flash estimate

In the 4th quarter of 2017, real GDP increased by 2.5% in comparison to the corresponding period of the previous year.

Economic trends in the Republic of Serbia in 2017

The overall economic activity in 2017, measured by GDP and expressed at constant prices, was estimated to reach a real growth of 1.9% when compared to 2016.

Government budget appropriations or outlays for R&D, 2016/2017

In the Republic of Serbia, in 2016 the amount of 16.312.531thous. RSD of budgetary funds were spent for the R&D activity (after budget adjustment). The share of budgetary funds for R&D in GDP reached 0,39%.in 2016. The largest percentage of…

Quarterly Gross Domestic Product, at constant prices, 2nd quarter 2018 – flash estimate

In the 2nd quarter of 2018, real GDP increased by 4.4% in comparison to the corresponding period of the previous year.

Quarterly Gross domestic product of the Republic of Serbia, II Quarter 2018

In this statistical release, Statistical Office of the Republic of Serbia communicates results of the quarterly gross domestic product calculations according to production and expenditure approach, at current and constant prices.  The real GDP

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