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Serbia Energy Information

Serbia Key Figures

Population: 6.91 million
GDP growth rate: -0.9 %/year
Energy independence: 79.7%

Data of the last year available: 2020
Total consumption/GDP:* 63.5 (2005=100)
CO2 Emissions: 12.3 tCO2/capita
Rate of T&D power losses: 13.1%

* at purchasing power parity

View all macro and energy indicators in the Serbia energy report

Serbia Related News

View all news, archive your new and create your own daily newsletters only on your topics/countries of interest with Key Energy Intelligence

Serbia Related Research

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

A data overview is available in the global energy statistics app

Total Energy Consumption

Energy consumption per capita amounts to 2.3 toe (20% below the EU average in 2020), including 4 230 kWh of electricity (20% below the EU average, 2020).

Total energy consumption, which declined by 1%/year between 2017 and 2019, grew by 3.4% to 15.8 Mtoe in 2020. It declined by 3%/year between 2004 and 2014, reaching 13 Mtoe, its lowest level since 2000, mainly because of the 2014 floods that cut lignite consumption by 23% in 2014. Energy consumption then rebounded until 2017 (+5/6%/year).

Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)

Interactive Chart Serbia Total Energy Consumption

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

View the detailed fondamentals of the market at country level (graphs, tables, analysis) in the Serbia energy report

Crude Oil Production

After a period of decline, crude oil production nearly doubled between 2008 and 2013 to 1.2 Mt following the acquisition of NIS by Gazprom. However, it has been declining since then, dipping by 4.4%/year to around 0.9 Mt in 2020. Production covered 25% of domestic oil supply in 2020. Oil fields are located in Vojvodine, in the north of the country.

Interactive Chart Serbia Crude Oil Production

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Additionally, for more detailed information on refineries, you can request a sample of our EMEA Refineries Dataset

Renewable in % Electricity Production

The National Action Plan for Renewable Energy (NREAP, 2013) set a target of 27% of renewables in the final energy consumption in 2020 (37% for electricity, 30% for heating and 10% for transport). Serbia missed by 1 point this target, with a share of 26% in 2020 (of which 31% for electricity, 35% for heating, and 1.2% for transport). The draft NECP, including renewable targets by 2030, will be submitted to public consultation in 2022.

Interactive Chart Serbia Share of Renewables in Electricity Production (incl hydro)

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Learn more about renewables in the European Renewable Energy Report

CO2 Fuel Combustion/CO2 Emissions

Serbia's first NDC aims at cutting GHG emissions by 9.8% in 2030, compared with 1990 levels (target including Kosovo with its coal-fired power plants). As GHG emissions already fell by 22% between 1990 and 2016, this would correspond to a 15% increase over the 2016 level.

In March 2021, Serbia adopted a new Law on Climate Change, aimed at limiting GHG emissions and adapting the healthcare, water management, forestry and agriculture sector to climate change.

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