Serbia - GDP

GDP (current US$)

The latest value for GDP (current US$) in Serbia was $53,335,020,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $53,335,020,000 in 2020 and $6,875,846,000 in 2000.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 $16,832,600,000
1996 $21,818,010,000
1997 $25,676,490,000
1998 $19,457,980,000
1999 $19,388,660,000
2000 $6,875,846,000
2001 $12,960,540,000
2002 $17,120,910,000
2003 $22,482,360,000
2004 $26,141,970,000
2005 $27,683,230,000
2006 $32,482,070,000
2007 $43,170,990,000
2008 $52,194,220,000
2009 $45,162,890,000
2010 $41,819,470,000
2011 $49,258,140,000
2012 $43,309,250,000
2013 $48,394,240,000
2014 $47,062,210,000
2015 $39,655,960,000
2016 $40,692,640,000
2017 $44,179,050,000
2018 $50,640,650,000
2019 $51,514,220,000
2020 $53,335,020,000

GDP (current LCU)

The value for GDP (current LCU) in Serbia was 5,502,220,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 5,502,220,000,000 in 2020 and a minimum value of 59,587,400,000 in 1995.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 59,587,400,000
1996 117,163,000,000
1997 151,807,000,000
1998 195,179,000,000
1999 226,101,000,000
2000 434,319,000,000
2001 867,238,000,000
2002 1,102,560,000,000
2003 1,294,660,000,000
2004 1,526,200,000,000
2005 1,846,850,000,000
2006 2,181,030,000,000
2007 2,523,500,000,000
2008 2,908,440,000,000
2009 3,052,140,000,000
2010 3,250,580,000,000
2011 3,612,270,000,000
2012 3,810,060,000,000
2013 4,121,200,000,000
2014 4,160,550,000,000
2015 4,315,020,000,000
2016 4,528,190,000,000
2017 4,760,690,000,000
2018 5,072,930,000,000
2019 5,421,850,000,000
2020 5,502,220,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Serbia was 5,502,220,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 5,502,220,000,000 in 2020 and 59,587,400,000 in 1995.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1995 59,587,400,000
1996 117,163,000,000
1997 151,807,000,000
1998 195,179,000,000
1999 226,101,000,000
2000 434,319,000,000
2001 867,238,000,000
2002 1,102,560,000,000
2003 1,294,660,000,000
2004 1,526,200,000,000
2005 1,846,850,000,000
2006 2,181,030,000,000
2007 2,523,500,000,000
2008 2,908,440,000,000
2009 3,052,140,000,000
2010 3,250,580,000,000
2011 3,612,270,000,000
2012 3,810,060,000,000
2013 4,121,200,000,000
2014 4,160,550,000,000
2015 4,315,020,000,000
2016 4,528,190,000,000
2017 4,760,690,000,000
2018 5,072,930,000,000
2019 5,421,850,000,000
2020 5,502,220,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Serbia was 45,184,790,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 45,615,670,000 in 2019 and 21,208,000,000 in 1995.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 21,208,000,000
1996 22,536,490,000
1997 24,160,780,000
1998 24,967,960,000
1999 22,614,940,000
2000 24,001,640,000
2001 25,652,660,000
2002 27,289,410,000
2003 28,486,800,000
2004 31,058,640,000
2005 32,776,300,000
2006 34,450,440,000
2007 36,668,890,000
2008 38,742,720,000
2009 37,684,370,000
2010 37,959,860,000
2011 38,732,820,000
2012 38,468,850,000
2013 39,581,610,000
2014 38,952,460,000
2015 39,655,960,000
2016 40,979,910,000
2017 41,840,960,000
2018 43,721,760,000
2019 45,615,670,000
2020 45,184,790,000

GDP (constant LCU)

The value for GDP (constant LCU) in Serbia was 4,916,620,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 4,963,510,000,000 in 2019 and a minimum value of 2,307,670,000,000 in 1995.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 2,307,670,000,000
1996 2,452,230,000,000
1997 2,628,970,000,000
1998 2,716,800,000,000
1999 2,460,760,000,000
2000 2,611,650,000,000
2001 2,791,300,000,000
2002 2,969,400,000,000
2003 3,099,690,000,000
2004 3,379,530,000,000
2005 3,566,430,000,000
2006 3,748,600,000,000
2007 3,989,990,000,000
2008 4,215,650,000,000
2009 4,100,490,000,000
2010 4,130,470,000,000
2011 4,214,570,000,000
2012 4,185,850,000,000
2013 4,306,930,000,000
2014 4,238,470,000,000
2015 4,315,020,000,000
2016 4,459,080,000,000
2017 4,552,770,000,000
2018 4,757,430,000,000
2019 4,963,510,000,000
2020 4,916,620,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Serbia was 131,731,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 131,731,000,000 in 2020 and 36,773,340,000 in 1995.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1995 36,773,340,000
1996 39,792,340,000
1997 43,423,160,000
1998 45,378,940,000
1999 41,695,790,000
2000 45,241,750,000
2001 48,637,200,000
2002 54,159,510,000
2003 57,195,000,000
2004 63,344,320,000
2005 68,318,820,000
2006 75,666,070,000
2007 82,941,080,000
2008 92,848,580,000
2009 91,758,740,000
2010 93,317,780,000
2011 99,446,620,000
2012 100,311,000,000
2013 104,804,000,000
2014 104,531,000,000
2015 105,923,000,000
2016 111,932,000,000
2017 116,624,000,000
2018 123,717,000,000
2019 130,726,000,000
2020 131,731,000,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Serbia was 125,944,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 127,145,000,000 in 2019 and 59,113,230,000 in 1995.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1995 59,113,230,000
1996 62,816,130,000
1997 67,343,520,000
1998 69,593,390,000
1999 63,034,790,000
2000 66,899,970,000
2001 71,501,870,000
2002 76,063,980,000
2003 79,401,480,000
2004 86,570,000,000
2005 91,357,630,000
2006 96,023,980,000
2007 102,207,000,000
2008 107,988,000,000
2009 105,038,000,000
2010 105,806,000,000
2011 107,960,000,000
2012 107,225,000,000
2013 110,326,000,000
2014 108,572,000,000
2015 110,533,000,000
2016 114,224,000,000
2017 116,624,000,000
2018 121,866,000,000
2019 127,145,000,000
2020 125,944,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts