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Serbia Poverty Rate

Serbia's poverty rate rose to 2% in 2022, up from 1.7% in 2021, according to World Bank. This represents an increase of 0.3% from the previous year. Serbia has poverty rate higher than the global median (2.00% vs median 1.90%). Compared with the median in Europe, Serbia is higher (2.00% vs regional median 0.30%) and ranks 4th out of 41 countries in Europe.

Serbia's annual unemployment rate fell to 7.39% in 2024, down from 8.27% in 2023.

Yearly Historical Data (2002-2022)

(in %)
Year Poverty Rate (%)
2022 2%
2021 1.7%
2020 2%
2019 2.7%
2018 4.2%
2017 6.6%
2016 8.1%
2015 8.4%
2014 8.9%
2013 7.8%
2012 7.1%
2010 0.3%
2009 0.6%
2008 0.3%
2007 0.6%
2006 0.9%
2005 1.6%
2004 1.2%
2003 0.9%
2002 0.4%
Serbia Poverty Rate : Definition
Poverty Rate measures the percentage of people in Serbia living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).