Average inflation measured by CPI fell 21.2% to 1.46% in Serbia in 2020, according to the National Statistical Office.
Historically, average inflation measured by CPI in Serbia reached an all time high of 95.6% in 1996 and an all time low of 1.12% in 2016. When compared to Serbia's main peers, average inflation measured by CPI in Bosnia and Herzegovina amounted to -0.776%, 0.275% in Croatia, 3.65% in Hungary and 2.89% in Romania in 2020.
Serbia has been ranked 110th within the group of 172 countries we follow in terms of average inflation measured by CPI, 61 places below the position seen 10 years ago.
| Inflation, CPI (Average) | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
| Austria | % | 2.75% | 7.73% | 5.12% | 2.50% | 2.20% | ||||||||||||||||
| Bosnia and Herzegovina | % | 2.00% | 10.5% | 4.50% | 3.46% | 2.11% | ||||||||||||||||
| Bulgaria | % | 2.84% | 12.4% | 5.24% | 2.19% | 2.00% | ||||||||||||||||
| Croatia | % | 2.61% | 9.76% | 5.52% | 3.90% | 3.33% | ||||||||||||||||
| Czechia | % | 3.84% | 16.3% | 8.58% | 2.50% | 2.00% | ||||||||||||||||
| Hungary | % | 5.13% | 13.9% | 13.3% | 5.64% | 3.97% | ||||||||||||||||
| Italy | % | 1.94% | 8.74% | 5.21% | 1.74% | 2.13% | ||||||||||||||||
| Moldova | % | 5.10% | 28.5% | 13.8% | 5.00% | 5.00% | ||||||||||||||||
| Montenegro | % | 2.40% | 12.8% | 9.20% | 4.49% | 2.24% | ||||||||||||||||
| Poland | % | 5.12% | 13.8% | 14.3% | 4.26% | 3.21% | ||||||||||||||||
| Romania | % | 5.05% | 13.3% | 11.0% | 3.64% | 2.95% | ||||||||||||||||
| Serbia | % | 4.09% | 11.5% | 8.32% | 4.16% | 3.52% | ||||||||||||||||
| Slovakia | % | 2.82% | 11.9% | 10.1% | 4.41% | 2.80% | ||||||||||||||||
| Slovenia | % | 1.91% | 8.92% | 5.07% | 3.33% | 3.04% | ||||||||||||||||
| Ukraine | % | 9.36% | 20.6% | 5.19% | 5.00% | 5.00% | ... | ... |
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