Serbia’s economy recorded a 2 percent year-on-year real GDP growth in the first quarter of 2025, according to data released by the Republic Bureau of Statistics. However, compared to the previous quarter, GDP decreased by 0.6 percent, indicating a mild quarterly contraction.
By sector, the information and communications industry showed the most significant growth with an 8 percent increase in gross value added. This was followed by the industry, water supply, and wastewater management sector, which recorded a 2.1 percent increase.
On the other hand, the construction sector experienced a real decline of 5.6 percent. There was also a 1.1 percent drop in gross value added in the sector encompassing wholesale and retail trade, motor vehicle repair, transportation and storage, and accommodation and food services.
