| variable | 1996-1999 | 2000-2007 | 2008-2009 | 2010-2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|
| real gdp growth | -2.14 | 5.92 | -0.77 | 1.33 | 7.95 | 2.63 | 3.85 | 3.88 | 3.46 |
| CPI % | 47.03 | 18.56 | 7.13 | 3.93 | 4.08 | 11.98 | 12.37 | 4.67 | 4.02 |
| Unemployment rate | 12.62 | 17.35 | 18.45 | 17.62 | 11.11 | 9.51 | 9.43 | 8.57 | 8.48 |
| Debt/GDP % | 200.63 | 54.12 | 35.41 | 55.35 | 53.64 | 50.91 | 45.67 | 44.48 | 44.39 |
| Current account balance/GDP % | -1.71 | -8.95 | -5.72 | -5.53 | -4.11 | -6.52 | -2.35 | -6.33 | -5.76 |
Data derived from World Economic Outlook Database. To see main macroeconomic indicator in graphs click here
In 1918, the Croats, Serbs, and Slovenes formed a kingdom known after 1929 as Yugoslavia. The monarchy remained in power until 1945, when the communist Partisans headed by Josip Broz (aka TITO) took control of the newly created Socialist Federal Republic of Yugoslavia (SFRY). After TITO died in 1980, communism in Yugoslavia gradually gave way to resurgent nationalism. In 1989, Slobodan MILOSEVIC became president of the Republic of Serbia, and his calls for Serbian domination led to the violent breakup of Yugoslavia along ethnic lines. In 1991, Croatia, Slovenia, and Macedonia declared independence, followed by Bosnia in 1992. The remaining republics of Serbia and Montenegro declared a new Federal Republic of Yugoslavia (FRY) in 1992, and MILOSEVIC led military campaigns to unite ethnic Serbs in neighboring republics into a "Greater Serbia." These actions ultimately failed, and international intervention led to the signing of the Dayton Accords in 1995. In 1998, an ethnic Albanian insurgency in the formerly autonomous Serbian province of Kosovo resulted in a brutal Serbian counterinsurgency campaign. Serbia rejected a proposed international settlement, and NATO responded with a bombing campaign that forced Serbian forces to withdraw from Kosovo in June 1999. In 2003, the FRY became the State Union of Serbia and Montenegro, a loose federation of the two republics. In 2006, Montenegro seceded and declared itself an independent nation. In 2008, Kosovo also declared independence -- an action Serbia still refuses to recognize. In 2013, Serbia and Kosovo signed the first agreement of principles governing the normalization of relations between the two countries. Additional agreements were reached in 2015 and 2023, but implementation remains incomplete. Serbia has been an official candidate for EU membership since 2012, and President Aleksandar VUCIC has promoted the ambitious goal of Serbia joining the EU by 2025.
Area: 77,474 km2
Climate: in the north, continental climate (cold winters and hot, humid summers with well-distributed rainfall); in other parts, continental and Mediterranean climate (relatively cold winters with heavy snowfall and hot, dry summers and autumns)
Natural resources: oil, gas, coal, iron ore, copper, zinc, antimony, chromite, gold, silver, magnesium, pyrite, limestone, marble, salt, arable land
Groups: Serb 83.3%, Hungarian 3.5%, Romani 2.1%, Bosniak 2%, other 5.7%, undeclared or unknown 3.4% (2011 est.)note: most ethnic Albanians boycotted the 2011 census; Romani populations are usually underestimated in official statistics and may represent 5–11% of Serbia's population
Languages: Serbian (official) 88.1%, Hungarian 3.4%, Bosnian 1.9%, Romani 1.4%, other 3.4%, undeclared or unknown 1.8% (2011 est.)major-language sample(s): Knjiga svetskih činjenica, neophodan izvor osnovnih informacija. (Serbian)The World Factbook, the indispensable source for basic information.note: Serbian, Hungarian, Slovak, Romanian, Croatian, and Ruthenian (Rusyn) are official in the Autonomous Province of Vojvodina; most ethnic Albanians boycotted the 2011 census
Religions: Orthodox 84.6%, Catholic 5%, Muslim 3.1%, Protestant 1%, atheist 1.1%, other 0.8% (includes agnostics, other Christians, Eastern, Jewish), undeclared or unknown 4.5% (2011 est.)note: most ethnic Albanians boycotted the 2011 census
Capital: Belgrade (Beograd)
Government type: parliamentary republic
Chief of state: President Aleksandar VUCIC (since 31 May 2017)
Head of government: Prime Minister Djuro MACUT (since 16 April 2025)cabinet: Cabinet elected by the National Assemblyelection/appointment process: president directly elected by absolute-majority popular vote in 2 rounds, if needed, for a 5-year term (eligible for a second term); prime minister elected by the National Assemblymost recent election date: 17 December 2023election results: 2022: Aleksandar VUCIC reelected in first round; percent of vote - Aleksandar VUCIC (SNS) 60%, Zdravko PONOS (US) 18.9%, Milos JOVANOVIC (NADA) 6.1%, Bosko OBRADOVIC (Dveri-POKS) 4.5%, Milica DJURDJEVIC STAMENKOVSKI (SSZ) 4.3%, other 6.2%2017: Aleksandar VUCIC elected president in first round; percent of vote - Aleksandar VUCIC (SNS) 55.1%, Sasa JANKOVIC (independent) 16.4%, Luka MAKSIMOVIC (independent) 9.4%, Vuk JEREMIC (independent) 5.7%, Vojislav SESELJ (SRS) 4.5%, other 7.3%, invalid/blank 1.6%; Prime Minister Ana BRNABIC reelected by the National Assembly on 5 October 2020; National Assembly vote - NAexpected date of next election: 2028
Description: legislature name: National Assembly (Narodna skupstina)legislative structure: unicameralnumber of seats: 250 (all directly elected)electoral system: proportional representationscope of elections: full renewalterm in office: 4 yearsmost recent election date: 12/17/2023parties elected and seats per party: Aleksandar Vucic – Serbia Must Not Stop (129); Serbia Against Violence (65); Ivica Dacic - Prime Minister of Serbia (18); Dr Miloš Jovanović - Hope for Serbia (13); We – Voice of the People, Prof. Dr. Branimir Nestorovic (13); Other (12)percentage of women in chamber: 37.2%expected date of next election: December 2027
Information derived by "The World Factbook 2021. Washington, DC: Central Intelligence Agency, 2021. https://www.cia.gov/the-world-factbook/"