Inflation 2008β2024: 90.46%
2008 β 2024
90.46%
Cumulative inflation
From 2008 to 2024, cumulative inflation in Serbia is 90.46%, meaning an average annual rate of 4.11% over 16 years. The highest inflation was recorded in 2022 (11.59%), and the lowest in 2013 (0.96%). A total of 7 out of 16 years had inflation above average.
Annual Inflation by Year
Year-by-Year Breakdown
| Year | Annual % | Cumulative % |
|---|---|---|
| 2009 | 2.95% | 2.95% |
| 2010 | 5.33% | 8.44% |
| 2011 | 6.38% | 15.36% |
| 2012 | 6.14% | 22.45% |
| 2013 | 0.96% | 23.63% |
| 2014 | 1.57% | 25.57% |
| 2015 | 1.14% | 27.00% |
| 2016 | 1.79% | 29.28% |
| 2017 | 1.89% | 31.73% |
| 2018 | 2.05% | 34.43% |
| 2019 | 2.07% | 37.22% |
| 2020 | 1.60% | 39.41% |
| 2021 | 4.96% | 46.33% |
| 2022 | 11.59% | 63.29% |
| 2023 | 11.52% | 82.11% |
| 2024 | 4.59% | 90.46% |
Frequently Asked Questions
What is the inflation from 2008 to 2024?
The cumulative inflation in Serbia from 2008 to 2024 is 90.46%. This means that overall prices have risen by 90.46% over this 16-year period, as measured by the Consumer Price Index (CPI).
What is the average annual price increase?
The average annualized inflation rate from 2008 to 2024 is 4.11% per year. This compound annual rate accounts for the effects of compounding over the entire 16-year period.
Which year had the highest inflation?
The year with the highest inflation in this period was 2022, with an annual rate of 11.59%. This was significantly above the period average of 4.11% per year.
How much is 10,000 RSD from 2008 worth today?
Due to cumulative inflation of 90.46% from 2008 to 2024, 10,000 RSD from 2008 would be equivalent to 19,046 RSD in 2024 purchasing power. You would need 19,046 RSD in 2024 to buy what 10,000 RSD could buy in 2008.