Serbia's GNI per capita (constant LCU) was 1.11 million in 2025, the latest year in the World Bank's World Development Indicators. That is up 56.83% from 709,031 in 2015 (4.6% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 1.11 million | 2025 |
| Five years earlier | 857,441 | 2020 |
| Ten years earlier | 709,031 | 2015 |
| Highest | 1.11 million | 2025 |
| Lowest | 420,761 | 1999 |
| Average since 2016 | 900,493 | 2016–2025 |
| First recorded | 449,201 |
What the numbers say
In 2025, Serbia's GNI per capita (constant LCU) rose 49,128 on 2024 (from 1.06 million to 1.11 million).
Across the 27 yearly changes before that (1998 to 2024), the average change was +22,728 and a typical year strayed about 23,876 from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 69,363 in 2021 and the biggest yearly fall was 40,644 in 1999. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 43,839 a year. A straight line explains 99% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about 1.2 million for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was 90,489, against 116,954 for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2025, Serbia had the 19th highest value of the 101 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Serbia in the 2025 ranking
- Equatorial Guinea — 16th of 101: 2.23 million
- Rwanda — 17th of 101: 1.47 million
- Côte d'Ivoire — 18th of 101: 1.46 million
- Senegal — 20th of 101: 938,327
- Cameroon — 21st of 101: 878,769
- Benin — 22nd of 101: 813,615
What this measures
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 29 values
| Year | GNI per capita (constant LCU) |
|---|---|
| 2025 | 1,111,972 |
| 2024 | 1,062,844 |
| 2023 | 1,012,921 |
| 2022 | 945,625 |
| 2021 | 926,804 |
| 2020 | 857,441 |
| 2019 | 827,764 |
| 2018 | 787,691 |
| 2017 | 741,725 |
| 2016 | 730,141 |
| 2015 |
GNI per capita (constant LCU) in nearby economies
More economic policy & debt data for Serbia
- External debt stocks, total (DOD, current US$) — US$51.98 billion (2024)
- Use of IMF credit (DOD, current US$) — US$2.64 billion (2024)
- External debt stocks, long-term (DOD, current US$) — US$48.35 billion (2024)
- External debt stocks, private nonguaranteed (PNG) (DOD, current US$) — US$20.37 billion (2024)
- External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) — US$27.97 billion (2024)
- External debt stocks, short-term (DOD, current US$) — US$1 billion (2024)
- Short-term debt (% of total external debt) — 1.92% (2024)
- PPG, IBRD (DOD, current US$) — US$2.31 billion (2024)
- IBRD loans and IDA credits (DOD, current US$)
Reading data like this
Questions people ask
- What is Serbia's GNI per capita (constant LCU)?
- 1.11 million in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1997?
- It is up 147.54% from 449,201 in 1997 (3.29% a year on average, compounded). The highest value was 1.11 million in 2025 and the lowest 420,761 in 1999.
- How does Serbia rank?
Source
World Bank, World Development Indicators, indicator NY.GNP.PCAP.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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