Inflation 2020β2024: 36.62%
2020 β 2024
36.62%
Cumulative inflation
From 2020 to 2024, cumulative inflation in Serbia is 36.62%, meaning an average annual rate of 8.11% over 4 years. The highest inflation was recorded in 2022 (11.59%), and the lowest in 2024 (4.59%). A total of 2 out of 4 years had inflation above average.
Annual Inflation by Year
Year-by-Year Breakdown
| Year | Annual % | Cumulative % |
|---|---|---|
| 2021 | 4.96% | 4.96% |
| 2022 | 11.59% | 17.13% |
| 2023 | 11.52% | 30.63% |
| 2024 | 4.59% | 36.62% |
Frequently Asked Questions
What is the inflation from 2020 to 2024?
The cumulative inflation in Serbia from 2020 to 2024 is 36.62%. This means that overall prices have risen by 36.62% over this 4-year period, as measured by the Consumer Price Index (CPI).
What is the average annual price increase?
The average annualized inflation rate from 2020 to 2024 is 8.11% per year. This compound annual rate accounts for the effects of compounding over the entire 4-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 8.11% per year.
How much is 10,000 RSD from 2020 worth today?
Due to cumulative inflation of 36.62% from 2020 to 2024, 10,000 RSD from 2020 would be equivalent to 13,662 RSD in 2024 purchasing power. You would need 13,662 RSD in 2024 to buy what 10,000 RSD could buy in 2020.