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Serbia Key Figures

Population:
6.84 million
GDP growth rate:
7.39 %/year
Energy independence:
64.0%

Data of the last year available: 2021

Total consumption/GDP:*
69.5 (2005=100)
CO2 Emissions:
6.92 tCO2/capita
Rate of T&D power losses:
12.7%

* at purchasing power parity

View all macro and energy indicators in the Serbia energy report

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 2.4 toe (22% below the EU average in 2021), including 4 500 kWh of electricity (22% below the EU average, 2021).

Total energy consumption grew by 3.7%/year between 2019 and 2021 to 16.5 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 4.2%/year since 2013, reaching 0.88 Mt in 2021. It nearly doubled between 2008 and 2013 following the acquisition of NIS by Gazprom. Production covered 22% of domestic oil supply in 2021. 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 2021, this share dipped to 25% (30% for electricity, 35% for heating, and 0.6% for transport).

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 (August 2022), Serbia raised its GHG emissions reduction target to 33.3% by 2030 compared with 1990 levels or 13% compared to the 2010 level.

In August 2022, Serbia presented its draft Integrated National Energy and Climate Plan (INECP). It introduces a higher GHG emission reduction target by 2030 (-40.3% compared to 1990 levels) and aims to reach carbon neutrality by 2050.