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Serbia vs Singapore: Economic Indicators Comparison

Singapore with a GDP of $364.2B ranked the 36th largest economy in the world, while Serbia ranked 84th with $50.6B. By GDP 5-years average growth and GDP per capita, Singapore and Serbia ranked 76th vs 131st and 10th vs 90th, respectively.

Gross Domestic Product & Income

StatSerbiaSingapore
GDP$50.6B$364.2B
GDP growth, 1 year4.4%3.2%
GDP growth, 5-years average2%3.3%
Population7M5.9M
GDP per capita$7.2k$65k
GDP per capita growth4.97%2.66%
Purchasing Power Parity conversion factor41.640.86
Price level ratio of PPP conversion factor GDP to market exchange rate0.420.64
GDP per capita, PPP adjusted$18k$100k
GNI, Atlas method$44.6B$331.4B
GNI per capita$6.4k$59k
GNI, PPP adjusted$115.5B$533.8B
GNI per capita, PPP adjusted$17k$95k

Financial system and Human development

StatSerbiaSingapore
Income Tax Rate10%22%
Corporate Tax Rate15%17%
Inflation, consumer prices2%0.4%
Inflation, GDP deflator2.1%1.9%
Unemployment13.5%3.8%
Economic Freedom Index6689.4
Personal Freedom Index7.847.44
Human Freedom Index7.198.1
Property Rights Index55.496.8
Judical Effectiveness Index46.892.9
Business Freedom Index72.692.8
Fiscal Health Index94.180
Labor Freedom Index66.990.9
Investment Freedom Index7085
Financial Freedom Index5080
Trade Freedom Index7894.8
Monetary Freedom Index80.785.6
Government Spending Index49.791.1
Tax Burden Index83.790.3
Government Integrity Index4492.4
Corruption Perceptions Index3985
Life expectancy at birth, years76.182.9
Suicide mortality rate, per 100,000 people15.69.9
Mortality caused by road traffic injury, per 100,000 people7.42.8
Intentional homicides, per 100,000 people1.10.2
International tourism, number of arrivals1.7M14.7M

Government debt & reserves

StatSerbiaSingapore
Central government debt, % of GDP54.3%108.3%
External debt stocks, % of GNI71.7%N/A
External debt stocks$34.3BN/A
Short-term debt, % of total reserves16.4%N/A
Total debt service, % of exports and primary income22.3%N/A
Adjusted net savings including particulate emission damage, % of GNI-3.2%36.8%
Gross savings, % of GDP18.6%45.8%
Gross capital formation, % of GDP22.7%26.6%
Total reserves including gold$12.9B$292.7B
Foreign direct investment net inflows$4.1B$82B

Exports, imports and economic structure

StatSerbiaSingapore
Exports of goods and services, % of GDP50.8%176.4%
Imports of goods and services, % of GDP59.3%149.8%
Current account balance (balance of payments)-$2.6B$65.1B
Revenue excluding grants, % of GDP32.8%18.8%
Grants excluding technical cooperation, BoP$334.6M$1.6M
Personal remittances received$4.3BN/A
Industry including construction value added, % of GDP25.5%25.2%
Agriculture, forestry and fishing value added, % of GDP6.3%0%
Charges for the use of intellectual property, payments BoP$289.7M$15.2B
Charges for the use of intellectual property, receipts BoP$57.9M$8.7B
Expense, % of GDP36.9%15.2%
Government Expenditure, % of GDP40.9%17.2%

Compare with countries close by GDP per capita

Serbia vs

CountryGDP
per capita
Population
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M

Singapore vs

CountryGDP
per capita
Population
Monaco
$186k
37.8k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
614k
Switzerland
$83k
8.21M
Norway
$82k
5.33M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.17M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Netherlands
$53k
17.2M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k