Serbia’s GDP growth slows to 0.4% in Q4

Serbia’s economic output grew by a real 0.4% in Q4 of 2022 compared to the previous year, after an annual increase of 1.0% in Q3, the country’s statistical office said on Tuesday.

Real gross domestic product (GDP) growth in 2022, obtained on the basis of quarterly calculation, slowed down to an annual 2.3%, the statistical office said in a data release. The statistical office will publish in October data on the country’ annual GDP growth rate for 2022, as a result of the annual calculation.

In 2021, Serbia’s economic output increased by an estimated 7.4%.

Compared to Q3, Serbia’s GDP increased by 0.7% in October-December.

Source: SeeNews, Momentum

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Serbia’s GDP growth slows to 0.4% in Q4

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