Serbia Inflation Rate 1995-2023
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 2022 was 11.98%, a 7.9% increase from 2021.
- 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 - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2022 |
11.98% |
7.90% |
| 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% |
