Serbia
Montenegro declared independence from Serbia and Montenegro on June 3, 2006. Where available, data for each country are shown separately. However, for Serbia, some indicators, such as those series for which data appear only for Serbia and not Montenegro--e.g., aid, environment, external debt, balance of payments, various social indicators excluding population--continue to include data for Montenegro through 2005. Moreover, data from 1999 onward for Serbia for most indicators exclude data for Kosovo, 1999 being the year when Kosovo became a territory under international administration pursuant to UN Security Council Resolution 1244 (1999); any exceptions are noted. Kosovo became a World Bank member on June 29, 2009; available data are shown separately for Kosovo. In 2011, the Statistical Office of Serbia improved the methodology of national accounts data for 2003 onward. Specifically, the classification of sectors was revised.
Global Rank (2023)
#126 / 205
Top 61% of global economies
Composite Score (2023)
53.2 / 100
Living Standard (2023)
$8,208
Subscore: 58.07 / 100
CPI Inflation (2023)
12.37%
Stability Score: 53.14 / 100
4-Pillar Structural Health Diagnostic (2023)
Harmonized subscores evaluating Output, Productivity, Inflation Stability, and External Buffer
Raw: $8,208 (2015 USD)
Raw: 12.37% (Anchor: 3.0%)
Raw: -2.39% of GDP
Raw: $81.3B Current USD
Optimal Component Weights & Peak Rank Frontier (2023)
Scale & Aggregate Power OrientedWhat we are doing here: We simulate an automated mathematical simplex across all 286 valid permutations of weights for the 4 pillars (summing to 100%) against every competing sovereign country in 2023. This discovers which weighting system maximizes Serbia's global competitive ranking by accentuating its comparative strengths.
Policy Insight & Strategic Advantage: Serbia's macroeconomic footprint is heavily amplified by its aggregate GDP size relative to global peers.
Under this bespoke weighting, Serbia's composite score climbs to 60.1 (compared to 53.2 under standard multilateral weighting).
Longitudinal Trajectory & Peer Comparison Sandbox (1960โ2025)
Tracking Serbia's multi-decade trajectory overlaid with peer benchmark economies in Year 2023
Cross-Sectional Benchmark Standing in Year 2023
5 economies compared ยท Ordered by Global Rank| Country | Rank (2023) | Composite Score | GDP per Capita | CPI Inflation | Current Account (% GDP) | Nominal GDP ($) |
|---|---|---|---|---|---|---|
| Germany (DEU) | #16 | 81.1 | $44,369 | 5.95% | 5.50% | $4562.2B |
| United States (USA) | #17 | 80.0 | $65,667 | 4.12% | -3.34% | $27811.5B |
| China (CHN) | #37 | 72.3 | $12,484 | 0.23% | 1.41% | $18270.4B |
| India (IND) | #93 | 59.5 | $2,230 | 5.65% | -0.91% | $3500.9B |
| Serbia (SRB) Active | #126 | 53.2 | $8,208 | 12.37% | -2.39% | $81.3B |
Decade-by-Decade Historical Milestones (1970โ2023)
Visualizing seminal macroeconomic shifts, shocks, and structural transitions for Serbia