Serbia country overview
Before we start to discuss Serbia GDP first we discuss Serbia’s country overview, so Serbia is officially called the Republic of Serbia.
It is a landlocked country and located in Southeast Europe. Belgrade is the capital and the largest city of Serbia. Its official language is Serbian.
When we talk about its ethnic groups, 83% Serbian and 17% non-Serbian live in Serbia. In the religious divide, 91% of Christianity and 9% of other religions exist in Serbia.
When we talk about its government system, its government system is a Unitary parliamentary republic. Serbia’s president’s name is Aleksandar Vacic. Its prime minister’s name is Ana Brnabic.
Its total area is 88,361 km2. Its area rank is 111th in the world. Serbia’s total population is 6,871,800 in the year 2021. Its population density is 89/km2. Its population density rank is 95th in the world.
Serbia’s currency is called the Serbian dinar. Serbian’s economy is generally called the developed and emerging economy and an upper-middle-income economy.
The inflation rate in Serbia is 3% in the year 2021. 29% of Serbia’s population lives below the poverty line. Its HDI rate is 0.806 in the year 2019. This HDI rate is considered the very high HDI rate in the world.
Its HDI rank is 64th in the world. The unemployment rate in Serbia is 11% in the year 2021. Its total foreign reserves are $14 billion in the year 2021. Its gross external debt is $30 billion in the year 2021.
Its total GDP is $61 billion (nominal) and $142 billion (PPP) in the year 2021. Its GDP rank is 86th (nominal) and 84th (PPP) in the year 2021.
Its GDP growth rate is 7.6% in the year 2021. Serbia’s GDP per capita is $8,870 (nominal) and $21,240 (PPP) in the year 2021. Its GDP per capita rank is 99th (nominal) and 92nd (PPP) in the year 2021.
When we talk about its GDP by sector, so agriculture is 6.5%, the industry is 25%, and services are 52% in the year 2020.
Serbia’s total exports are $20 billion in the year 2021. Its main exports goods are motor, machines, metals, plastics, chemicals, and others. Its main export partners are Germany, Italy, Romania, Russia, Hungary, and others.
Its total imports are $26 billion in the year 2021. Its main import goods are chemicals, machinery, gas, motor, metals, and others. Its main import partners are Germany, Russia, China, Poland, Austria, and others.
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