Serbia - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Serbia was 4.09 as of 2021. As the graph below shows, over the past 26 years this indicator reached a maximum value of 95.60 in 1996 and a minimum value of 1.12 in 2016.

Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1995 82.66
1996 95.60
1997 23.31
1998 30.16
1999 42.45
2000 71.12
2001 95.01
2002 19.49
2003 9.88
2004 11.03
2005 16.12
2006 11.72
2007 6.39
2008 12.41
2009 8.12
2010 6.14
2011 11.14
2012 7.33
2013 7.69
2014 2.08
2015 1.39
2016 1.12
2017 3.13
2018 1.96
2019 1.85
2020 1.58
2021 4.09

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Serbia was 2.45 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 86.83 in 2001 and a minimum value of 1.55 in 2016.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

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

See also:

Year Value
1996 85.03
1997 20.86
1998 24.41
1999 27.90
2000 80.99
2001 86.83
2002 19.51
2003 12.49
2004 8.12
2005 14.67
2006 12.36
2007 8.70
2008 9.09
2009 7.89
2010 5.73
2011 8.91
2012 6.20
2013 5.13
2014 2.59
2015 1.87
2016 1.55
2017 2.97
2018 1.97
2019 2.44
2020 2.45

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in Serbia was 2.45 as of 2020. Over the past 24 years, the value for this indicator has fluctuated between 86.83 in 2001 and 1.55 in 2016.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. 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.

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

See also:

Year Value
1996 85.03
1997 20.86
1998 24.41
1999 27.90
2000 80.99
2001 86.83
2002 19.51
2003 12.49
2004 8.12
2005 14.67
2006 12.36
2007 8.70
2008 9.09
2009 7.89
2010 5.73
2011 8.91
2012 6.20
2013 5.13
2014 2.59
2015 1.87
2016 1.55
2017 2.97
2018 1.97
2019 2.44
2020 2.45

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices