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Serbia real GDPSerbia real GDPSerbia real GDP

Serbia real GDP

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RSGDPCP chart


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Key data points


Last release
—
Observation period
Q2 2024
Next release
—
Forecast
—
Highest
‪1.48 T‬ RSD on Dec 31, 2023
Lowest
‪518.60 B‬ RSD on Jun 30, 1999

About Serbia real GDP


Category
GDP
Source
Statistical Office
Frequency
Quarterly
Units
RSD

Related indicators


RSFYGDPG
Full Year GDP Growth
RSGDP
GDP
RSGDPA
GDP From Agriculture
RSGDPC
GDP From Construction
RSGDPMAN
GDP From Manufacturing
RSGDPPA
GDP From Public Administration
RSGDPPC
GDP Per Capita
RSGDPPCP
GDP Per Capita PPP
RSGDPQQ
GDP Growth Rate
RSGDPS
GDP From Services
RSGDPYY
GDP Growth
RSGFCF
Gross Fixed Capital Formation

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Serbia real GDP was 1.429 T RSD, and the quarter before that it reached 1.348 T RSD.