Serbian Dinar Inflation Calculator

RSD 1,000 in 1994 has the same buying power as RSD 155,051 in 2026.

RSD 155,051RSD 1,000 in 1994 is now
15,405.15%Cumulative inflation
17.07%Average per year
5.20%Inflation in 2026

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RSD 1,000 in 2001 is worth RSD 5,688 in 2026

Annual inflation rate 7.20%
Cumulative inflation 468.81%

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Inflation in Serbia

Serbia inflation is 5.20% in 2026, following 3.89% in 2025. 33 years of data are available, from 1994.

This page covers 33 years of Serbia consumer price data, from 1994 to 2026. Series that begin this late usually do so because the country, the currency or the statistical agency behind the index did not exist in its current form before then. The steepest single year on record was 1996, when consumer prices in Serbia rose 95.6%. A rate that high compounds brutally: at that pace money loses about half its value every two years.

Prices have not fallen across a full year once in the 32 years recorded here. Every year on this page moves in the same direction, which is why an amount of money always buys less later than earlier. By decade, the 1990s were the most inflationary stretch, averaging 54.8% a year, while the 2010s were the calmest at 4.4%. Over the last ten years inflation has averaged 5.1% a year, markedly calmer than the 19.5% average across the whole record.

Serbia CPI and inflation rate by year

The full annual series behind this calculator, from 1994 to 2026. The final column shows what RSD 1,000 in that year is worth in 2026 money.

Serbia consumer price index and annual inflation, 1994–2026
Year CPI index Inflation RSD 1,000 then, in 2026
2026164.825.20%RSD 1,000
2025156.683.89%RSD 1,052
2024150.814.67%RSD 1,093
2023144.0812.37%RSD 1,144
2022128.2211.98%RSD 1,286
2021114.504.09%RSD 1,440
2020110.011.58%RSD 1,498
2019108.301.85%RSD 1,522
2018106.331.96%RSD 1,550
2017104.293.13%RSD 1,580
2016101.121.12%RSD 1,630
2015100.001.39%RSD 1,648
201498.632.08%RSD 1,671
201396.617.69%RSD 1,706
201289.717.33%RSD 1,837
201183.5911.14%RSD 1,972
201075.216.14%RSD 2,192
200970.868.12%RSD 2,326
200865.5412.41%RSD 2,515
200758.306.39%RSD 2,827
200654.8011.72%RSD 3,008
200549.0516.12%RSD 3,360
200442.2411.03%RSD 3,902
200338.049.88%RSD 4,332
200234.6219.49%RSD 4,760
200128.9895.01%RSD 5,688
200014.8671.12%RSD 11,092
19998.6842.45%RSD 18,981
19986.1030.16%RSD 27,039
19974.6823.31%RSD 35,194
19963.8095.60%RSD 43,397
19951.9482.66%RSD 84,885
19941.06RSD 155,051

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Browse every year

A detailed page for each start year, from 1994 to 2025.

Serbia inflation FAQ

What is the current inflation rate in Serbia?
Serbia inflation was 5.20% in 2026, the most recent year in this dataset, measured as the change in the annual average consumer price index from 2025.
How much has Serbian Dinar lost in value since 1994?
RSD 1,000 in 1994 has the same purchasing power as RSD 155,051 in 2026. That is cumulative inflation of 15,405.15% over 32 years, an average of 17.07% per year.
What years does this Serbia inflation calculator cover?
This calculator covers 33 years, from 1994 to 2026. You can convert an amount between any two years in that range.
Can Serbian Dinar inflation be negative?
Yes. Negative inflation, or deflation, means prices fell and Serbian Dinar gained purchasing power over that year. Serbia has not recorded a single year of falling prices in this dataset, which covers 33 years.
What is the difference between CPI and the inflation rate?
The consumer price index (CPI) is a level: it measures the cost of a fixed basket of goods and services in a given year. The inflation rate is the percentage change in that level between two periods. This calculator uses the ratio of CPI values for your two chosen years to convert an amount between them.

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