The total economic activity of the Republic of Serbia in 2021, measured by the real movements of the Gross domestic product (GDP), was estimated to made the growth of 7.5% when related to 2020.
In 2021 gross fixed capital formation recorded the real growth equalling 14.1% in comparison to 2020.
In 2021 agricultural production made the physical volume fall of 5.0%. In 2021 industrial production expressed the growth of 6.3%, and manufacturing – the growth of 5.5%.
The value of construction works carried out in 2021 expressed the real growth of 17.1% in comparison to 2020. Retail trade turnover recorded real growth equalling 9.8%, while the wholesale trade turnover increased by 22.0% in nominal terms. When 2021 is related to 2020, external trade in goods expressed in euros indicated the growth of exports by 25.5%, and the growth of imports by 24.0%. Within the section of accommodation and food service activities, in 2021 the real growth of catering industry equalling 72.7% was estimated, while the number of tourist overnight stays increased by 29.7%. When 2021 is related to 2020, transportation expressed physical volume growth of 39.9%, and telecommunications recorded growth of 2.9%.
According to the data of the Labour Force Survey, in the third quarter 2021 the rate of employment equalled 50.0% and the rate of unemployment – 10.5%.
When 2021 is related to 2020, average salaries (wages) taxes and contributions deducted increased by 8.9% in nominal terms, and by 4.6% in real terms.
The estimated annual inflation rate equals 7.8%.