GDP in Second Quarter of 2023 Higher by 1.7% in Real Terms Compared to Same Period in 2022

The real GDP growth in the second quarter of 2023, compared to the corresponding period of the previous year, amounted to 1.7%, announced the Statistical Office of the Republic of Serbia.

Observed by activities, in the second quarter of 2023, compared to the same quarter of the previous year, significant real growth in the gross value added was recorded in the section of construction – 15.1%, the section of information and communication – 10.1% and the section of agriculture, forestry and fishing – 9.3%.

Real fall in the gross value added was recorded in the section of wholesale and retail trade; repair of motor vehicles and motorcycles; transportation and storage and accommodation and food service activities – 2.4% and the section of public administration and defence; compulsory social security; education and human health and social work activities – 0.6%.

Republički zavod za statistiku

Statistical Office of the Republic of Serbia

growth of gross domestic product

drop of gross added value

GDP