Serbia vs Ukraine: Economic Indicators Comparison

Ukraine with a GDP of $130.8B ranked the 59th largest economy in the world, while Serbia ranked 84th with $50.6B. By GDP 5-years average growth and GDP per capita, Ukraine and Serbia ranked 176th vs 131st and 135th vs 90th, respectively.

Gross Domestic Product & Income

StatSerbiaUkraine
GDP$50.6B$130.8B
GDP growth, 1 year4.4%3.3%
GDP growth, 5-years average2%-1.6%
Population7M42.6M
GDP per capita$7.2k$3.1k
GDP per capita growth4.97%3.86%
Purchasing Power Parity conversion factor41.649.1
Price level ratio of PPP conversion factor GDP to market exchange rate0.420.33
GDP per capita, PPP adjusted$18k$9.3k
GNI, Atlas method$44.6B$112.5B
GNI per capita$6.4k$2.7k
GNI, PPP adjusted$115.5B$381.8B
GNI per capita, PPP adjusted$17k$9k

Financial system and Human development

StatSerbiaUkraine
Income Tax Rate10%20%
Corporate Tax Rate15%18%
Inflation, consumer prices2%10.9%
Inflation, GDP deflator2.1%15.4%
Unemployment13.5%9.4%
Economic Freedom Index6654.9
Personal Freedom Index7.847.73
Human Freedom Index7.196.81
Property Rights Index55.447.5
Judical Effectiveness Index46.842.2
Business Freedom Index72.661.3
Fiscal Health Index94.183.9
Labor Freedom Index66.948.3
Investment Freedom Index7035
Financial Freedom Index5030
Trade Freedom Index7881.2
Monetary Freedom Index80.763
Government Spending Index49.747.2
Tax Burden Index83.781.1
Government Integrity Index4437.9
Corruption Perceptions Index3932
Life expectancy at birth, years76.171.8
Suicide mortality rate, per 100,000 people15.622.4
Mortality caused by road traffic injury, per 100,000 people7.413.7
Intentional homicides, per 100,000 people1.16.2
International tourism, number of arrivals1.7M14.1M

Government debt & reserves

StatSerbiaUkraine
Central government debt, % of GDP54.3%63.9%
External debt stocks, % of GNI71.7%89.6%
External debt stocks$34.3B$114.5B
Short-term debt, % of total reserves16.4%99.4%
Total debt service, % of exports and primary income22.3%20.7%
Adjusted net savings including particulate emission damage, % of GNI-3.2%3.5%
Gross savings, % of GDP18.6%10.6%
Gross capital formation, % of GDP22.7%18.8%
Total reserves including gold$12.9B$20.8B
Foreign direct investment net inflows$4.1B$2.5B

Exports, imports and economic structure

StatSerbiaUkraine
Exports of goods and services, % of GDP50.8%45.2%
Imports of goods and services, % of GDP59.3%53.8%
Current account balance (balance of payments)-$2.6B-$4.4B
Revenue excluding grants, % of GDP32.8%32.1%
Grants excluding technical cooperation, BoP$334.6M$781.4M
Personal remittances received$4.3B$14.7B
Industry including construction value added, % of GDP25.5%23.3%
Agriculture, forestry and fishing value added, % of GDP6.3%10.1%
Charges for the use of intellectual property, payments BoP$289.7M$592M
Charges for the use of intellectual property, receipts BoP$57.9M$92M
Expense, % of GDP36.9%33.4%
Government Expenditure, % of GDP40.9%42%

Compare with countries close by GDP per capita

Serbia vs

CountryGDP
per capita
Population
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M

Ukraine vs

CountryGDP
per capita
Population
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B