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SOUTHEAST EUROPE

Serbia

RS

Belgrade · pop. 7M · Serbian · Serbian dinar · landlocked

Trajectories

economic complexity

#36

Climbing the complexity rankings, from #46 in 2006.

2024 · 0.76

Harvard Growth Lab · thin line is the world’s median
the numbers19
whenvaluechange
20060.61
20070.64+0.03 pts
20080.68+0.04 pts
20090.63−0.05 pts
20100.66+0.03 pts
2011low0.60−0.06 pts
20120.70+0.10 pts
20130.64−0.06 pts
20140.68+0.04 pts
20150.63−0.05 pts
20160.64+0.01 pts
20170.66+0.03 pts
20180.71+0.05 pts
20190.69−0.02 pts
20200.70+0.01 pts
20210.73+0.03 pts
20220.76+0.02 pts
2023high0.78+0.02 pts
2024latest0.76−0.01 pts

economic momentum

$13.7K

Quadrupled since 2000. GDP per head in 2024, in current US dollars.

2024 · $13.7K

World Bank · thin line is the world’s median
the numbers30
whenvaluechange
1995$2,349
1996$3,054+30.0%
1997$3,574+17.0%
1998$2,775−22.3%
1999$2,769−0.2%
2000low$975−64.8%
2001$1,812+85.9%
2002$2,391+31.9%
2003$3,154+31.9%
2004$3,597+14.1%
2005$3,808+5.9%
2006$4,493+18.0%
2007$6,081+35.4%
2008$7,377+21.3%
2009$6,414−13.1%
2010$5,971−6.9%
2011$7,082+18.6%
2012$6,263−11.6%
2013$7,040+12.4%
2014$6,887−2.2%
2015$5,820−15.5%
2016$5,982+2.8%
2017$6,548+9.5%
2018$7,560+15.5%
2019$7,756+2.6%
2020$8,099+4.4%
2021$9,681+19.5%
2022$10.0K+3.6%
2023$12.3K+22.5%
2024latest$13.7K+11.4%

prices

4.7%

A year’s rise in consumer prices, in 2024. The world’s median was 3.1%.

2024 · 4.7%

World Bank · thin line is the world’s median
the numbers30
whenvaluechange
199582.7%
1996high95.6%+12.9 pts
199723.3%−72.3 pts
199830.2%+6.85 pts
199942.5%+12.3 pts
200071.1%+28.7 pts
200195.0%+23.9 pts
200219.5%−75.5 pts
20039.9%−9.61 pts
200411.0%+1.15 pts
200516.1%+5.09 pts
200611.7%−4.40 pts
20076.4%−5.33 pts
200812.4%+6.02 pts
20098.1%−4.29 pts
20106.1%−1.97 pts
201111.1%+4.99 pts
20127.3%−3.81 pts
20137.7%+0.36 pts
20142.1%−5.61 pts
20151.4%−0.69 pts
2016low1.1%−0.27 pts
20173.1%+2.01 pts
20182.0%−1.17 pts
20191.8%−0.11 pts
20201.6%−0.27 pts
20214.1%+2.51 pts
202212.0%+7.90 pts
202312.4%+0.39 pts
2024latest4.7%−7.70 pts

demographic curve

1.6 children per woman

Below replacement: shrinking in the long run unless migration offsets it.

2024 · 1.6

World Bank · thin line is the world’s median · rule marks replacement (2.1)
the numbers65
whenvaluechange
1960high2.2
19612.1−1.0%
19622.1−1.1%
19632.1−1.2%
19642.1−0.8%
19652.1−0.5%
19662.0−0.8%
19672.0−1.0%
19682.0−0.7%
19692.0−0.9%
19702.0−0.7%
19712.0−0.7%
19722.0−0.4%
19731.9−0.6%
19741.9−0.5%
19751.9−0.4%
19761.9−0.5%
19771.9−0.6%
19781.9−0.6%
19791.9−0.7%
19801.9−0.6%
19811.9−0.6%
19821.8−0.5%
19831.8−0.5%
19841.8−1.0%
19851.8−0.8%
19861.8−1.2%
19871.7−1.6%
19881.7−1.7%
19891.7−2.0%
19901.6−2.1%
19911.6−2.2%
19921.6−2.4%
19931.5−1.8%
19941.5−2.5%
19951.5−2.5%
19961.4−2.2%
19971.4−2.6%
19981.4−2.0%
1999low1.4−1.2%
20001.5+9.3%
20011.6+6.8%
20021.6−0.6%
20031.6+1.3%
20041.6−1.3%
20051.4−7.6%
20061.4−1.4%
20071.4−3.5%
20081.4+1.4%
20091.4+2.9%
20101.4−2.8%
20111.40.0%
20121.4+3.6%
20131.4−1.4%
20141.5+2.1%
20151.50.0%
20161.50.0%
20171.5+2.1%
20181.50.0%
20191.5+2.0%
20201.5−2.6%
20211.5+2.7%
20221.6+4.6%
20231.6+1.9%
2024latest1.6+1.2%

Metrics

  1. population
    7M
    107 of 176
    REST Countries · UN data
  2. gdp
    $81B
    79 of 170
    World Bank · latest available
  3. gdp per capita
    $12,282
    63 of 170
    World Bank · latest available
  4. military spending
    $2B
    64 of 151
    SIPRI via World Bank
  5. military % of gdp
    2.2%
    42 of 148
    SIPRI via World Bank
  6. area
    78K km²
    119 of 176
    REST Countries
  7. population density
    89.7 /km²
    73 of 176
    zuhd — derived from population and area
  8. life expectancy
    76.2 yr
    69 of 175
    World Bank · latest available
  9. internet access
    85%
    70 of 166
    ITU via World Bank
  10. urbanisation
    62%
    90 of 168
    World Bank · UN DESA
  11. fertility rate
    1.6
    113 of 168
    World Bank · UN DESA
  12. foreign-born share
    11%
    48 of 167
    World Bank · UN DESA
  13. remittances % of gdp
    6.4%
    40 of 155
    World Bank · IMF BOP
  14. r&d % of gdp
    0.9%
    41 of 123
    UNESCO UIS via World Bank
  15. researchers per million
    2,688
    31 of 118
    UNESCO UIS via World Bank
  16. scientific articles / yr
    5.4K
    56 of 168
    NSF / World Bank
  17. gini inequality
    32.8
    48 of 139
    World Bank · PovcalNet
  18. youth unemployment
    21%
    130 of 166
    ILO via World Bank
  19. adult literacy
    99%
    15 of 109
    UNESCO UIS via World Bank
  20. democracy (v-dem)
    0.21
    100 of 163
    V-Dem via Our World in Data
  21. clean government
    35
    90 of 164
    Transparency International via Our World in Data
  22. press freedom
    32.0
    78 of 163
    RSF via Our World in Data
  23. human development
    0.833
    53 of 164
    UNDP via Our World in Data