Gross domestic product (GDP) in 2019 amounted to RSD 5 417 725 million at current prices. When compared to the previous year, GDP increased by 6.8% in nominal terms, and by 4.2% in real terms. 

The Statistical Office of the Republic of Serbia releases the preliminary results of the annual GDP calculations for 2019, as well as the final data for 2018, in accordance with the program of publishing GDP data, which was announced in 2019. In addition, in agreement with Eurostat and the International Monetary Fund, SORS publishes the data series for the period from 2015 to 2017, which were made compliant with the results of Supply and Use Tables. 

Observed by activities, in 2019 the major share in the GDP by production method was noted for the section of manufacturing, 13.7%, the section of wholesale and retail trade and repair of motor vehicles, 11.4%, the section of real estate activities, 6.9%, the section of agriculture, forestry and fishing, 6.0% and the section of construction, 5.7%. Regarding by the aggregates of GDP use, the share of individual consumption expenditure of households equalled 67.1%, individual consumption expenditure of government – 9.3%, collective consumption expenditure of government – 7.3%, gross fixed capital formation – 22.5%, exports of goods and services – 51.0%, and imports of goods and services – 61.0%. 

Regarding by activities, in 2019 the section of construction created the real growth of gross value added (GVA) equaling 33.7%, the section of information and communication – 8.3%, the section of public administration and compulsory social security – 7.5%, the section of wholesale and retail trade and repair of motor vehicles – 6.2% and the section of accommodation and food service activities – 6.0%. The real fall of GVA was noted for the section of agriculture, forestry and fishing – 1.6% and the section of human health and social work activities – 1.4%. Observed on expenditure side, real growth was registered for all aggregates: gross fixed capital formation, 17.2%, imports of goods and services – 10.7%, exports of goods and services – 7.7%, individual consumption expenditure of household sector – 3.5%, individual consumption expenditure of government sector – 2.6% and collective consumption expenditure of government sector recorded growth of 1.3%.