GERD as a percentage of GDP in Serbia

Serbia: GERD as a percentage of GDP was 0.9% in 2024. ▲ Rising

Latest (2024)
0.9%
Change on year
up 7.0%
World rank
42nd
of 116 countries
All-time high
0.9%
in 2021
All-time low
0.3%
in 2004
Years of data
28
1997–2024

GERD as a percentage of GDP in Serbia, 1997–2024

0.20.40.60.811997201020241997: 0.6711998: 0.6981999: 0.8792000: 0.8022001: 0.292002: 0.6112003: 0.4682004: 0.2822005: 0.3862006: 0.4292007: 0.5572008: 0.6452009: 0.7862010: 0.6752011: 0.6572012: 0.8192013: 0.6562014: 0.6932015: 0.7792016: 0.8082017: 0.8382018: 0.8822019: 0.8482020: 0.8652021: 0.9482022: 0.9192023: 0.8782024: 0.94

Source: UNESCO Institute for Statistics.

Analysis

Serbia recorded 0.9% for gerd as a percentage of gdp in 2024.

The figure is up 7.0% on the previous year and up 35.6% over ten years.

Over the whole period, gerd as a percentage of gdp in Serbia peaked at 0.9% in 2021 and was at its lowest, 0.3%, in 2004.

That places Serbia 42nd out of 116 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 28 years of available data.

GERD as a percentage of GDP in Serbia, year by year

Annual values for GERD as a percentage of GDP in Serbia, 1997 to 2024.
Year Value Change
1997 0.7%
1998 0.7% +4.0%
1999 0.9% +26.0%
2000 0.8% -8.8%
2001 0.3% -63.9%
2002 0.6% +110.8%
2003 0.5% -23.3%
2004 0.3% -39.8%
2005 0.4% +37.0%
2006 0.4% +11.1%
2007 0.6% +29.7%
2008 0.6% +15.8%
2009 0.8% +21.9%
2010 0.7% -14.2%
2011 0.7% -2.6%
2012 0.8% +24.7%
2013 0.7% -20.0%
2014 0.7% +5.7%
2015 0.8% +12.4%
2016 0.8% +3.7%
2017 0.8% +3.8%
2018 0.9% +5.2%
2019 0.8% -3.8%
2020 0.9% +2.0%
2021 0.9% +9.6%
2022 0.9% -3.0%
2023 0.9% -4.5%
2024 0.9% +7.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.7% 0.7% 0.9% 3
2000s 0.5% 0.3% 0.8% 10
2010s 0.8% 0.7% 0.9% 10
2020s 0.9% 0.9% 0.9% 5

Countries ranked near Serbia

  1. 39 Slovakia 1.0% compare
  2. 40 Egypt 1.0% compare
  3. 41 Malaysia 1.0% compare
  4. 43 Russia 0.9% compare
  5. 44 Thailand 0.9% compare
  6. 45 Latvia 0.8% compare

See the full ranking of 166 places →

More science & technology data for Serbia

All data for Serbia →

Frequently asked questions

What is gerd as a percentage of gdp in Serbia?
Gerd as a percentage of gdp in Serbia was 0.9% in 2024, according to UNESCO Institute for Statistics.
What is the highest gerd as a percentage of gdp recorded in Serbia?
The highest recorded value was 0.9% in 2021.
What is the lowest gerd as a percentage of gdp recorded in Serbia?
The lowest recorded value was 0.3% in 2004.
How does Serbia rank for gerd as a percentage of gdp?
Serbia ranks 42nd out of 116 countries with data for 2024.
Is gerd as a percentage of gdp rising or falling in Serbia?
Over the last ten years it is up 35.6%. The long-run trend across the full record is rising.
Where does this Serbia data come from?
The figures come from UNESCO Institute for Statistics, published as part of GERD as a percentage of GDP. Statizoid updates them automatically from the source API.

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GERD as a percentage of GDP in Serbia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 22 August 2026, from https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/serbia/

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About this data

Indicator
GERD as a percentage of GDP
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
166 places, 3,775 data points, 1996–2024
Last refreshed

February 2026 Data Release