Serbia GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$90.10

Source: world bank Nominal/PPP
Summary:

Serbia GDP Per Capita expanded from 1995 to 2024, increasing from $17.92 to $90.10 .The compound annual growth rate (CAGR) averaged 5.73% over the period. The economy recorded its peak level in 2024 and its lowest level in 2000. Growth volatility remained high. The maximum drawdown reached 73%, indicating the largest cyclical decline from peak levels. The country experienced 4 recession episode(s) during the observed period.

Latest GDP Per Capita of Serbia 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 90.10 dollars$ 212.31 Int dollars
Growth (YoY)10.761%11.501%
Net Change vs Previous Year$ 8.75 dollars$ 21.90 Int dollars
% of World GDP Per Capita0.08%0.11%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Serbia GDP | Serbia GDP Growth

Serbia Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
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199517.92--38.3--
199623.285.3629.883 %41.413.118.109 %
199727.153.8816.651 %45.884.4810.812 %
199821-6.15-22.647 %48.882.996.527 %
199920.88-0.13-0.597 %44.45-4.43-9.057 %
20007.33-13.55-64.91 %48.213.768.457 %
200113.66.2785.622 %51.052.845.885 %
200217.934.3331.849 %56.725.6711.109 %
200323.595.6631.58 %60.023.35.824 %
200426.853.2513.786 %65.055.038.375 %
200528.331.495.545 %69.934.877.493 %
200633.34.9617.519 %77.577.6410.927 %
200744.8911.5934.807 %86.268.6911.208 %
200854.229.3320.791 %96.4510.1911.817 %
200946.96-7.26-13.398 %95.4-1.05-1.093 %
201043.54-3.42-7.282 %97.131.731.818 %
201151.257.7117.719 %103.476.346.524 %
201245.1-6.15-11.996 %104.4710.963 %
201350.465.3511.867 %109.274.84.597 %
201449.11-1.34-2.658 %109.09-0.18-0.164 %
201541.3-7.82-15.916 %110.341.251.144 %
201642.230.932.247 %116.155.815.264 %
201745.973.758.875 %121.365.214.487 %
201852.796.8114.823 %128.967.66.264 %
201953.861.082.041 %142.9814.0210.874 %
202055.872.013.73 %144.971.991.392 %
202166.1610.2918.409 %159.971510.343 %
202266.810.650.982 %174.9214.969.349 %
202381.3414.5321.754 %190.4115.498.853 %
202490.18.7510.761 %212.3121.911.501 %

Serbia Economic Phases (1995 - 2024)

From 1995 to 2024, Serbia economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1996–1997) indicating robust economic expansion
  • High Growth (2001–2008) indicating robust economic expansion
  • High Growth (2017–2018) indicating robust economic expansion
  • Expansion (2019–2020) indicating steady moderate growth
  • High Growth (2023–2024) indicating robust economic expansion

The most remarkable growth occurred in 2001 with an increase of 85.622%, while the largest decline was in 2000 at -64.91%.