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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 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.

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 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.

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 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 at constant prices - flash estimate, IV Quarter 2023

In the 4th quarter of 2023, real GDP increased by 3.8% in comparison to the corresponding period of the previous year.

Economic trends in the Republic of Serbia in 2022

The total economic activity of the Republic of Serbia in 2022, measured by the real movements of the Gross domestic product (GDP), was estimated to make the growth of 2.3% when related to 2021. In 2022 gross fixed capital formation, measured by the…

Economic trends in the Republic of Serbia in 2023

The total economic activity of the Republic of Serbia in 2023, measured by the real movements of the Gross domestic product (GDP), was estimated to make the growth of 2.5% when related to 2022. In 2023 gross fixed capital formation recorded the real…

Quarterly Gross domestic product of the Republic of Serbia at constant prices - flash estimate, III Quarter 2023

In the 3rd quarter of 2023, real GDP increased by 3.5% in comparison to the corresponding period of the previous year.

Major revision of National Accounts in 2024

The Statistical Office of the Republic of Serbia (SORS) announces the major (benchmark) revision of the National Accounts, which will take place in 2024. The major revision is regular revision of the system of National Accounts, coordinated with the…

Research and development, 2022

Total expenditures for research and development activities (R&D) in 2022 amounted to over RSD 68 billion RSD (68,574,283 in thousands), and their participation in GDP amounts 0,97%.

Quarterly Gross domestic product of the Republic of Serbia at constant prices - flash estimate, II Quarter 2023

In the 2nd quarter of 2023, real GDP increased by 1.7% in comparison to the corresponding period of the previous year.The calculation of quarterly GDP for the 2nd quarter 2023, which is more detailed and compiled at lower levels of aggregation, will…

Government budget appropriations for R&D, 2022

In 2022, 27 433 958 thousand RSD of budget funds were spent for research and development (R&D) activities in the Republic of Serbia, which is an increase of 3.2% compared to the previous year, 2021.The share of total budgetary funds for R&D…

Quarterly Gross domestic product of the Republic of Serbia at constant prices - flash estimate, I Quarter 2023

In the 1st quarter of 2023, real GDP increased by 0.7% in comparison to the corresponding period of the previous year.The calculation of quarterly GDP for the 1st quarter 2023, which is more detailed and compiled at lower levels of aggregation, will…

Quarterly Gross domestic product of the Republic of Serbia at constant prices - flash estimate, IV Quarter 2022

In the 4th quarter of 2022, real GDP increased by 0.4% in comparison to the corresponding period of the previous year.

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