The total economic activity of the Republic of Serbia in 2023, measured by the real movements of the Gross domestic product (GDP), was estimated to make the growth of 2.5% when related to 2022.

In 2023 gross fixed capital formation recorded the real growth equalling 3.5% in comparison to 2022.

In 2023 agricultural production made the physical volume growth of 9.0%. In 2023 industrial production expressed the growth of 2.4%, and manufacturing – the growth of 0.5%.

The value of construction works carried out in 2023 expressed the real growth of 8.9% in comparison to 2022. Retail trade turnover recorded real fall equalling 1.8%, while the wholesale trade turnover decreased by 1.0% in nominal terms. When 2023 is related to 2022, external trade in goods expressed in euros indicated the growth of exports by 4.0%, and the fall of imports by 6.0%. Within the section of accommodation and food service activities, in 2023 the real growth of catering industry equalling 8.8% was estimated, while the number of tourist overnight stays increased by 1.9%. When 2023 is related to 2022, transportation expressed physical volume growth of 21.3%, and for telecommunications recorded was physical volume fall of 0.5%.

According to the data of the Labour Force Survey, in the third quarter 2023 the rate of employment equalled 50.7%, while the rate of unemployment equalled 9.0%.

When 2023 is related to 2022, average salaries (wages) taxes and contributions deducted increased by 15.0% in nominal terms, and by 2.6% in real terms.

The estimated annual inflation rate equals 7.6%.