Real GDP growth in Serbia in first quarter at 3.2%

Real growth of Serbia’s gross domestic product in the first quarter of this year, compared to the same period in 2025, was 3.2%, the Statistical Office of the Republic of Serbia announced. GDP growth compared to the previous quarter was 0.2%.

Observed by activity, in the first quarter of this year, compared to the same period last year, the most significant real growth in gross value added was recorded in the wholesale and retail trade and repair of motor vehicles, transport and storage, and accommodation and food services sectors (4.9%).

A real decline in gross value added was recorded in the industry and water supply and wastewater management sectors (0.7%) and the construction sector (5.1%).

Household final consumption expenditure increased by 4.8%, final consumption expenditure of non-profit institutions providing services to households by 5.6%, government final consumption expenditure by 5.1%, gross fixed capital formation by 1.4%, exports of goods and services by 4.6%, and imports of goods and services by 3.6%.

Republički zavod za statistiku Beograd

Statistical Office of the Republic of Serbia

gross domestic product

GDP