The Serbian Office for Statistics stated today that the total economic activity in Serbia in 2021, measured by the real movement of gross domestic product (GDP), recorded a growth of 7.5 percent compared to 2020.
Q:
A:
GDP growth in 2021 stands at 7.5 percent
Belgrade,
30 December 2021
Gross fixed capital formation in 2021 shows a real growth of 14.1 percent, compared to the previous year.
In 2021 agricultural production achieved a decline in physical volume of five percent.
In the same period, industrial production recorded a growth of 6.3 percent, and the processing industry a growth of 5.5 percent.
The value of performed works in construction in 2021 recorded a real growth of 17.1 percent, compared to the previous year.
Turnover in retail trade achieved a real growth of 9.8 percent, while turnover in wholesale trade was nominally higher by 22 percent.
Foreign trade in euros, in 2021, compared to 2020, shows an increase in exports by 25.5 percent and an increase in imports by 24 percent.
Average salaries without taxes and contributions in 2021, compared to the previous year, are nominally higher by 8.9 percent, and really by 4.6 percent.
The estimated annual inflation rate is 7.8 percent.
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