From 1996 onwards, Serbia's population continued to shrink gradually, with minor fluctuations. By the 2010s, growth stabilized around -0.5%, indicative of a low fertility rate and continued outward migration. The negative peak of -2.5% in 2022 highlights the compounded effects of the COVID-19 pandemic and a shrinking working-age population. The slight recovery to -0.7% in 2023 suggests stabilization efforts, but demographic challenges remain persistent.
For a deeper dive into the topic, explore Serbia’s annual GDP growth rate, percentage of military personnel in Serbia, Serbia’s military spending.