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CompareEconomy.com Comparison of world economies

Serbia

World Rank 153 1.4 Serbia flag svg
Capital
Area
Currency
Belgrade
88,361 km 2
Serbian dinar (RSD)

Table of Contents

Introduction

The Republic of Serbia is a landlocked nation located in the southern Pannonian Plain. It is also one of the nations located in the central Balkans. Interestingly, it is said that the country sits at the crossroads of Central and Southeast Europe. Belgrade is the largest city in Serbia, also being its capital. There are 8 nations that neighbour this republic, namely Hungary, Romania, Bulgaria, North Macedonia, Croatia, Bosnia and Herzegovina, and Montenegro. The last, eighth neighbor is either Albania or recently broken away Kosovo. 

Economy

Serbian economy is definitely small with a GDP of $132 billion. If we were to compare it to the GDP of other nations from Europe, it would be at the bottom 10 of the nations in terms of GDP. 

As far as the living conditions are concerned, it is still relatively low due to several turmoils in the past. However, the GDP per capita has been steadily growing and as of 2019, it is at the level of $19,000.

Population

There are almost 7 million Serbians in the nation. Because of the land area equal to 77,474 square kilometers, it gives a density of around 89 Serbians per square kilometer. 

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

  • Last
  • Historical chart
#78 (2021)
63,082,047,649 US$

List of countries by GDP

(United States of America (USA))

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

International trade (Export, Import)

External balance on goods and services

  • Last
  • Historical chart
#125 (2021)
-4,917,799,426 US$

List of countries by external balance on goods and services

(China)

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

  • Last
  • Historical chart
#46 (2021)
10.06 %

List of countries by unemployment

(South Africa)

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)