Annual inflation, consumer prices in Serbia
Serbia: Annual inflation, consumer prices was 4.7% in 2024. ◆ Volatile
Annual inflation, consumer prices in Serbia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Serbia recorded 4.7% for annual inflation, consumer prices in 2024.
That represents a change of down 62.2% on the previous year and up 124.3% over ten years.
Over the whole period, annual inflation, consumer prices in Serbia peaked at 95.0% in 2001 and was at its lowest, 1.1%, in 2016.
Serbia ranks 63rd of 203 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual inflation, consumer prices in Serbia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 71.1% | — |
| 2001 | 95.0% | +33.6% |
| 2002 | 19.5% | -79.5% |
| 2003 | 9.9% | -49.3% |
| 2004 | 11.0% | +11.6% |
| 2005 | 16.1% | +46.2% |
| 2006 | 11.7% | -27.3% |
| 2007 | 6.4% | -45.5% |
| 2008 | 12.4% | +94.2% |
| 2009 | 8.1% | -34.6% |
| 2010 | 6.1% | -24.3% |
| 2011 | 11.1% | +81.3% |
| 2012 | 7.3% | -34.2% |
| 2013 | 7.7% | +5.0% |
| 2014 | 2.1% | -72.9% |
| 2015 | 1.4% | -33.1% |
| 2016 | 1.1% | -19.4% |
| 2017 | 3.1% | +179.0% |
| 2018 | 2.0% | -37.4% |
| 2019 | 1.8% | -5.6% |
| 2020 | 1.6% | -14.8% |
| 2021 | 4.1% | +159.3% |
| 2022 | 12.0% | +193.3% |
| 2023 | 12.4% | +3.3% |
| 2024 | 4.7% | -62.2% |
Serbia compared with similar countries
- Serbia's 4.7% is above the median for upper middle income countries, which is 3.1%, 1.5× the median. (52 countries reporting)
- Serbia's 4.7% is above the median for Europe & Central Asia, which is 2.8%, 1.7× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.1% | 6.4% | 95.0% | 10 |
| 2010s | 4.4% | 1.1% | 11.1% | 10 |
| 2020s | 6.9% | 1.6% | 12.4% | 5 |
Countries ranked near Serbia
More development goals data for Serbia
- Red List Index 0.916 index (2025)
- Number of refugees per 100,000 population, by country of origin 365.34 per 100,000 people (2025)
- Manufacturing value added per capita 1,406 constant US$ (2025)
- Number of transboundary breeds 65 (2025)
- Number of transboundary breeds (not extinct) 61 (2025)
- Number of transboundary breeds with unknown risk status 14 (2025)
- Number of local breeds with unknown risk status 8 (2025)
- Number of local breeds (not extinct) 20 (2025)
- Number of local breeds kept in the country 22 (2025)
- Infant deaths 272 (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Serbia?
- Annual inflation, consumer prices in Serbia was 4.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Serbia?
- The highest recorded value was 95.0% in 2001.
- What is the lowest annual inflation, consumer prices recorded in Serbia?
- The lowest recorded value was 1.1% in 2016.
- How does Serbia rank for annual inflation, consumer prices?
- Serbia ranks 63rd out of 203 countries with data for 2024.
- Is annual inflation, consumer prices rising or falling in Serbia?
- Over the last ten years it is up 124.3%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
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