Nomad Watch
Notifications
Loading…
RS

Serbia

RS · SRB · #111 · 11 cities

Nomad score 62/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$56,116
GDP (2031)
$158.0B
GDP growth (2031)
3.5% →
Inflation (2031)
3.0% →
Unemployment (2031)
8.3% ↓
Population (2031)
6.2M
Population growth (2031)
-0.8% ↑
Gini index (2023)
32.8
Government debt (2031)
42.1% of GDP
Current account (2031)
-4.8% of GDP
FDI inflows (2025)
$3.9B
Life expectancy (2024)
76.0 yrs
Health spending (2023)
8.0% of GDP
Internet users (2024)
87.7%
Mobile subscriptions (2024)
123.8/100
Trade openness (2025)
112.9% of GDP
Exchange rate (2025)
103.98/USD
Foreign reserves (2025)
$34.2B
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
42.1% of GDP
Current account (2031)
-4.8% of GDP
FDI inflows (2025)
$3.9B

Income inequality (Gini)

Gini index (2023)
0.33
Assessment
Moderate inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2024)
2.12/1k
Tax revenue (2022)
23.9% of GDP
Services sector (2025)
59.7% of GDP

Financial access and costs

ATMs per 100k (2024)
57.0
Bank branches per 100k (2024)
24.0
ICT service exports (2025)
29.9%
Goods and services tax (2022)
20.1%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $158.0B $56,116 3.5% 3.0% 8.3% 6.2M - 42.1% -4.8% - - - - -
2030 * $148.1B $57,268 3.5% 3.0% 8.4% 6.3M - 42.4% -4.8% - - - - -
2029 * $138.7B $53,033 3.5% 3.0% 8.5% 6.3M - 42.6% -4.9% - - - - -
2028 * $130.1B $49,138 3.5% 3.0% 8.6% 6.4M - 42.7% -5.0% - - - - -
2027 * $122.0B $45,673 3.5% 4.9% 8.7% 6.4M - 43.0% -4.4% - - - - -
2026 * $112.0B $41,915 2.8% 5.2% 8.8% 6.5M - 42.6% -5.7% - - - - -
2025 $100.0B $33,910 2.0% 3.9% 8.7% 6.5M - 42.4% -4.9% $3.9B - - - 103.98
2024 $90.1B $32,832 3.9% 4.7% 8.6% 6.6M - 44.1% -4.5% $5.6B 76.0 - 87.7% 108.21
2023 $81.3B $29,777 3.7% 12.4% 9.4% 6.6M 32.8 45.7% -2.3% $4.9B 76.1 8.0% 85.4% 108.40
2022 $66.8B $26,143 2.7% 12.0% 9.5% 6.7M 32.8 50.9% -6.5% $4.6B 75.2 8.6% 83.5% 111.66
2021 $65.8B $23,406 7.9% 4.1% 11.1% 6.8M 33.1 53.6% -4.1% $4.6B 72.8 9.2% 81.2% 99.40
2020 $55.9B $21,013 -1.0% 1.5% 9.7% 6.9M 35.0 54.3% -3.9% $3.5B 74.5 8.3% 78.4% 103.16
2019 $53.9B $20,587 4.8% 1.9% 11.3% 6.9M 34.5 49.5% -6.6% $4.3B 75.9 8.3% 77.4% 105.25
2018 $52.8B $18,469 4.6% 2.0% 13.7% 7.0M 35.0 51.1% -4.6% $4.1B 75.9 8.2% 73.4% 100.18
2017 $46.0B $17,285 2.4% 3.2% 14.5% 7.0M 36.1 55.3% -5.0% $2.9B 75.5 7.9% 70.3% 107.76
2016 $42.2B $16,455 3.0% 1.1% 16.4% 7.1M 38.8 65.0% -2.8% $2.4B 75.7 8.2% 67.1% 111.28
2015 $41.3B $15,546 1.3% 1.4% 18.9% 7.1M 40.5 67.1% -3.3% $2.3B 75.3 8.5% 65.3% 108.81
2014 $49.1B $15,296 -1.8% 2.2% 20.6% 7.1M 40.4 63.5% -5.4% $2.0B 75.3 8.9% 62.1% 88.41
2013 $50.5B $15,247 0.5% 7.7% 23.0% 7.2M 39.4 61.2% -5.5% $2.1B 75.2 8.9% 53.5% 85.16
2012 $45.1B $14,506 -0.4% 7.3% 24.6% 7.2M 39.9 58.0% -10.4% $1.3B 74.8 9.0% 48.1% 87.96
2011 $51.3B $14,298 0.1% 11.1% 23.6% 7.2M - 46.0% -7.8% $4.9B 74.5 8.8% 42.2% 73.36
2010 $43.1B $13,320 1.6% 6.1% 20.0% 7.3M 29.0 42.4% -5.8% $1.7B 74.3 9.2% 40.9% 77.72
2009 $46.9B $13,038 -3.1% 8.1% 16.9% 7.3M 28.0 35.3% -5.7% $2.9B 74.0 9.0% 38.1% 67.60
2008 $54.1B $13,123 5.2% 12.4% 14.4% 7.4M 27.6 29.4% -19.1% $4.1B 73.9 9.1% 35.6% 55.73
2007 $45.1B $11,685 7.8% 5.9% 18.8% 7.4M 28.7 30.0% -15.4% $4.4B 73.6 9.0% 33.2% 58.45
2006 $33.4B $10,463 3.9% 10.7% 21.6% 7.4M 29.7 37.0% -8.9% - 73.4 8.3% 27.2% 67.16
2005 $28.1B $9,398 5.9% 16.3% 21.8% 7.4M 36.5 50.1% -7.8% - 72.8 8.1% 26.3% 66.72
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

Continue exploring Serbia