Serbia GDP Growth Rate (2026)
Serbia has a diversified Balkan economy supported by manufacturing, services, investment, exports, and household consumption. This page examines its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+2.8%
Annual real GDP growth
World Rank
#101
Out of 195 countries
Change vs 2025
+0.8 pp
2025: +2.0%
Europe Rank
#7
Out of 43 countries
1. Serbia GDP Growth Rate in 2026
Serbian economic growth is influenced by industrial production, foreign investment, consumer demand, exports, and infrastructure spending. European demand remains especially important.
2. Serbia GDP Growth Rate Trends (1998–2026)
Serbia’s growth history reflects economic transition, industrial restructuring, foreign investment, and increasing regional integration. Manufacturing and services have become major drivers.
3. Serbia GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +2.8% | +0.8 pp |
| 2025 | +2.0% | -2.0 pp |
| 2024 | +4.0% | +0.3 pp |
| 2023 | +3.7% | +1.0 pp |
| 2022 | +2.7% | -5.2 pp |
| 2021 | +7.9% | +8.9 pp |
| 2020 | -1.0% | -5.8 pp |
| 2019 | +4.8% | +0.2 pp |
| 2018 | +4.6% | +2.2 pp |
| 2017 | +2.4% | -0.6 pp |
| 2016 | +3.0% | +1.7 pp |
| 2015 | +1.3% | +3.3 pp |
| 2014 | -2.0% | -2.5 pp |
| 2013 | +0.5% | +0.9 pp |
| 2012 | -0.4% | -0.5 pp |
| 2011 | +0.1% | -1.5 pp |
| 2010 | +1.6% | +4.6 pp |
| 2009 | -3.0% | -8.2 pp |
| 2008 | +5.2% | -2.6 pp |
| 2007 | +7.8% | +3.9 pp |
| 2006 | +3.9% | -2.0 pp |
| 2005 | +5.9% | -0.8 pp |
| 2004 | +6.7% | +2.1 pp |
| 2003 | +4.6% | -1.9 pp |
| 2002 | +6.5% | -0.3 pp |
| 2001 | +6.8% | +0.7 pp |
| 2000 | +6.1% | +16.4 pp |
| 1999 | -10.3% | -15.6 pp |
| 1998 | +5.3% | — |
4. Serbia GDP Growth Performance
Current Growth Rate
+2.8%
(2026 to 2026)
5-Year Average
+3.0%
(2022 to 2026)
10-Year Average
+3.4%
(2017 to 2026)
20-Year Average
+2.4%
(2007 to 2026)
The economy benefits from foreign investment, competitive manufacturing, and infrastructure development. Inflation and weaker European demand can still limit household and industrial activity.
5. Serbia GDP Growth Rate vs Europe and World
Serbia
+2.8%
Europe Average
+1.9%
World Average
+2.8%
0.0%
1.4%
2.8%
Annual real GDP growth (%)
Serbia’s GDP growth rate is approximately
1.0 pp
above the
Europe average
and
0.0 pp
above the world average.
6. Serbia GDP Growth Rate Ranking in Europe
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #3 | Albania | +3.4% |
| #4 | Poland | +3.3% |
| #5 | North Macedonia | +3.1% |
| #6 | Lithuania | +2.9% |
| #7 | Serbia | +2.8% |
| #8 | Montenegro | +2.8% |
| #9 | Bulgaria | +2.8% |
| #10 | Croatia | +2.6% |
| #11 | Ireland | +2.5% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Serbia
Serbia GDP (Nominal)
$112.0 Billion
(2026)
Serbia GDP Growth Rate
+2.8%
(2026)
Serbia often grows faster than mature Western European economies as it continues to converge economically. Its performance remains closely tied to European trade and investment conditions.
Explore more:
Serbia GDP
9. Serbia GDP Growth Rate Forecast
The outlook depends on investment, exports, infrastructure, consumption, and European demand. Political uncertainty and external weakness remain important risks.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +3.5% | +0.7 pp |
| 2028 | +3.5% | 0.0 pp |
| 2029 | +3.5% | 0.0 pp |
| 2030 | +3.5% | 0.0 pp |
10. Serbia GDP Growth Rate: Key Findings
Serbia GDP growth rate is estimated at +2.8% in 2026.
It ranks #101 globally and #7 in Europe by annual GDP growth rate.
The growth rate accelerated by 0.8 percentage points compared with 2025.
The 5-year average GDP growth rate is +3.0%.
The 10-year average GDP growth rate is +3.4%.
The current rate is 1.0 percentage points above the Europe average.
The current rate is 0.0 percentage points above the world average.
The forecast GDP growth rate is +3.5% in 2030, 0.7 percentage points above the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
September 2026
13. Serbia GDP Growth Rate FAQs
Serbia GDP growth rate is estimated at +2.8% in 2026.
Serbia ranks #101 globally and #7 in Europe by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +2.8% in 2026.
Serbia GDP growth rate was +1.3% in 2015.
Serbia GDP growth rate is 1.0 percentage points above the Europe average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.