Serbia Inflation Rate 1995-2022

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Serbia inflation rate for 2021 was 4.09%, a 2.51% increase from 2020.
  • Serbia inflation rate for 2020 was 1.58%, a 0.27% decline from 2019.
  • Serbia inflation rate for 2019 was 1.85%, a 0.11% decline from 2018.
  • Serbia inflation rate for 2018 was 1.96%, a 1.17% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 154.76%
Suriname 59.11%
Turkey 19.60%
Belarus 9.46%
Brazil 8.30%
Dominican Republic 8.24%
Botswana 7.24%
Algeria 7.23%
Armenia 7.18%
Russia 6.69%
Azerbaijan 6.65%
Iraq 6.04%
Jamaica 5.86%
Mexico 5.69%
Romania 5.05%
Guyana 5.03%
Paraguay 4.79%
South Africa 4.61%
Peru 4.27%
Guatemala 4.26%
Serbia 4.09%
Mauritius 4.03%
Namibia 3.62%
Colombia 3.50%
Bulgaria 3.30%
North Macedonia 3.23%
Samoa 3.13%
Malaysia 2.48%
Montenegro 2.41%
St. Lucia 2.41%
Albania 2.04%
Bosnia 1.98%
Costa Rica 1.73%
St. Vincent and the Grenadines 1.57%
Jordan 1.35%
Thailand 1.23%
Grenada 1.22%
China 0.98%
Maldives 0.54%
Dominica 0.52%
Fiji 0.16%
Ecuador 0.13%
Serbia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2021 4.09% 2.51%
2020 1.58% -0.27%
2019 1.85% -0.11%
2018 1.96% -1.17%
2017 3.13% 2.01%
2016 1.12% -0.27%
2015 1.39% -0.69%
2014 2.08% -5.61%
2013 7.69% 0.36%
2012 7.33% -3.81%
2011 11.14% 4.99%
2010 6.14% -1.97%
2009 8.12% -4.29%
2008 12.41% 6.02%
2007 6.39% -5.33%
2006 11.72% -4.40%
2005 16.12% 5.09%
2004 11.03% 1.15%
2003 9.88% -9.61%
2002 19.49% -75.51%
2001 95.01% 23.88%
2000 71.12% 28.67%
1999 42.45% 12.29%
1998 30.16% 6.85%
1997 23.31% -72.29%
1996 95.60% 12.94%
1995 82.66% 12.94%