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Inflation Rate Trends and Forecast for Serbia from 1990 to 2029

Inflation Rate Trends and Forecast for Serbia from 1990 to 2029

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TGM StatBox. (2024). Inflation Rate Trends and Forecast for Serbia from 1990 to 2029. TGM StatBox.
Chart Details
Data Source: International Monetary Fund (IMF)
Timeframe: 1990-2029
Country: Serbia
Published date: 2024
Note: The Inflation rate (average consumer prices), as defined by the International Monetary Fund (IMF), measures the annual percentage change in the average level of prices of goods and services consumed by households.
Key Takeaways
Serbia's inflation peaked at 80.7% in 2001 during its transition to a market economy and post-conflict recovery. Significant reforms and monetary stabilization reduced inflation to 6.0% by 2007. However, global economic pressures caused spikes, including 12.4% in 2023.

Forecasts suggest inflation will stabilize at 3.0% by 2026, indicating Serbia's progress in aligning its monetary policy with EU standards as part of its accession process.

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