Economy of Serbia

Exports

Exports commoditiesiron and steel, rubber, clothes, wheat, fruit and vegetables, nonferrous metals, electric appliances, metal products, weapons and ammunition, automobiles

Economy sectors

Agriculture productswheat, maize, sugar beets, sunflower, raspberries; beef, pork, milk

Industrial productsbase metals, furniture, food processing, machinery, chemicals, sugar, tires, clothes, pharmaceuticals

Economy

Inflation2.20 % (2013)7.30 % (2012)11.2 % (2011)

Unemployment20.1 % (2013)25.9 % (2012)23.7 % (2011)

GDP - Official Exchange Rate43.7 Billion $ (2013)38.0 Billion $ (2012)38.7 Billion $ (2010)

GDP growth rate2.00 % (2013)-1.70 % (2012)1.60 % (2011)

GDP per Capita (PPP)11,100 $ (2013)10,700 $ (2012)10,600 $ (2011)

GDP - Purchasing Power Parity80.5 Billion $ (2013)77.8 Billion $ (2012)80.0 Billion $ (2011)

GDP PPP per land area1.04 Million $ per square kilometer (2013)1.00 Million $ per square kilometer (2012)1.03 Million $ per square kilometer (2011)

Electricity

Electricity - installed generating capacity8.36 Million kW

Banking

Central bank discount rate9.50 % (2014)11.8 % (2013)9.75 % (2011)

Commercial bank prime lending rate13.9 % (2013)17.7 % (2012)17.2 % (2011)

Commercial bank prime lending rate of Serbia

GDP decomposition by sector

Agriculture % of GDP7.90 % (2013)7.60 % (2012)

Industry % of GDP31.8 % (2013)31.7 % (2012)

Services % of GDP60.3 % (2013)60.7 % (2012)

Debt, Current Account Balance and Budget Deficit

Public debt (Percentage of GDP)61.2 % of GDP (2013)62.0 % of GDP (2012)45.1 % of GDP (2011)

Public debt (Percentage of GDP) of Serbia

Budget surplus (+) or deficit (-)-7.60 % of GDP

Current Account Balance (Total)-1.81 Billion $ (2013)-4.08 Billion $ (2012)-4.12 Billion $ (2011)

Current Account Balance (Total) of Serbia

External Debt (Total)33.6 Billion $ (2013)33.7 Billion $ (2012)31.5 Billion $ (2011)

External Debt (Percentage of GDP)76.9 % of GDP (2013)88.6 % of GDP (2012)81.5 % of GDP (2011)

External Debt (Percentage of GDP) of Serbia

External Debt per Capita4,596 $ (2013)4,608 $ (2012)4,313 $ (2011)