Industrial Production in Serbia increased 4.10 percent in December of 2020 over the same month in the previous year. source: Statistical Office of the Republic of Serbia

Industrial Production in Serbia averaged 1.98 percent from 1995 until 2020, reaching an all time high of 110.20 percent in May of 2000 and a record low of -58.73 percent in May of 1999. This page provides the latest reported value for - Serbia Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Serbia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Industrial Production in Serbia is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Serbia to stand at 3.20 in 12 months time. In the long-term, the Serbia Industrial Production is projected to trend around 2.10 percent in 2022, according to our econometric models.

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Serbia Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
4.10 -1.40 110.20 -58.73 1995 - 2020 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-10-30 11:00 AM Sep 4.6% 4.2% 0.9%
2020-11-30 11:30 AM Oct 1.9% 4.6% 3.9%
2020-12-30 11:00 AM Nov -1.4% 1.9% 1.5%
2021-01-29 11:00 AM Dec 4.1% -1.4% -1%
2021-02-26 11:00 AM Jan 4.1% 2.5%
2021-03-31 10:00 AM Feb
2021-04-29 10:00 AM Mar
2021-05-31 10:00 AM Apr

News Stream
Serbia Industrial Output Falls in March
Serbia's industrial production fell 0.1 percent from a year earlier in March 2020, following a 7.6 percent growth in the previous month, as production fell almost all categories: durable consumer goods (-14.7 percent); capital goods (-12.5 percent); intermediate goods (-6.8 percent); and non-durable consumer goods (-1.5 percent). On the other hand, energy production jumped 14.5 percent.
Serbia Industrial Output Rises 6.3% in January
Serbia's industrial production rose 6.3 percent from a year earlier in January of 2020, easing from a 8.3 percent increase in the previous month, as output rose at a softer pace for energy (0.3 percent vs 5.0 percent); intermediate goods (11.9 percent vs 13.3 percent in December)and capital goods (10.9 percent vs 24.9 percent). On the other hand, production advanced faster for both durable (22 percent vs 16 percent) and non-durable consumer goods (5.1 percent vs 1.5 percent).

Serbia Industrial Production
In Serbia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.