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Serbia Annual Inflation Rate

Serbia's annual inflation rate fell to 4.67% in 2024, down from 12.37% in 2023, according to World Bank. This represents a decrease of 7.7% from the previous year. Serbia has annual inflation rate higher than the global median (4.67% vs median 3.16%). Compared with the median in Europe, Serbia is higher (4.67% vs regional median 2.76%) and ranks 8th out of 43 countries in Europe.

Yearly Historical Data (1995-2024)

(in %)
Year Annual Inflation Rate (%)
2024 4.67%
2023 12.37%
2022 11.98%
2021 4.09%
2020 1.58%
2019 1.85%
2018 1.96%
2017 3.13%
2016 1.12%
2015 1.39%
2014 2.08%
2013 7.69%
2012 7.33%
2011 11.14%
2010 6.14%
2009 8.12%
2008 12.41%
2007 6.39%
2006 11.72%
2005 16.12%
2004 11.03%
2003 9.88%
2002 19.49%
2001 95.01%
2000 71.12%
1999 42.45%
1998 30.16%
1997 23.31%
1996 95.6%
1995 82.66%
Serbia Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Serbia.