Serbia Key Figures
- Population:
- 6.76 million
- GDP growth rate:
- 2.25 %/year
- Energy independence:
- 57.0%
Data of the last year available: 2022
- Total consumption/GDP:*
- 70.0 (2005=100)
- CO2 Emissions:
- 6.98 tCO2/capita
- Rate of T&D power losses:
- 12.1%
* at purchasing power parity
View all macro and energy indicators in the Serbia energy report
Serbia Related News
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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 2.5 toe (14% below the EU average in 2022), including 4 500 kWh of electricity (19% below the EU average, 2022).
Total energy consumption has been increasing by 3.5%/year since 2019, with a 5% increase in 2022 to 17 Mtoe. It declined by 3%/year between 2004 and 2014 to 13 Mtoe, mainly because of the 2014 floods that cut lignite consumption by 23%.
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
Crude oil production has been declining by 3.9%/year since 2013 (-30%), reaching 0.87 Mt in 2022; according to preliminary estimates, it grew by around 1% in 2023. It nearly doubled between 2008 and 2013 following the acquisition of NIS by Gazprom. Production covered 20% of domestic oil supply in 2022. 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 this target by 1 point, with a share of 26% in 2020; in 2022, this share dipped below 25% (30% for electricity, 35% for heating, and 0.6% for transport). The 27% target has been postponed to 2025.
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 Battery Market Analysis
CO2 Fuel Combustion/CO2 Emissions
In its updated NDC (2022), Serbia raised its GHG emissions reduction target to 33.3% by 2030 compared with 1990 levels or 13% compared to 2010. It doesn't specify sectorial targets nor quantitative targets.