The level of knowledge on the hornwort and liverwort flora of Serbia has increased in recent decades. Based on a thorough review of the literature and herbarium data, an updated list of the hepatic and liverwort taxa present in Serbia is compiled and presented. Taking into account recent taxonomic and nomenclatural changes, totals of 133 species and six infraspecific taxa are reported for the country. An additional eight species are rejected with explanatory annotations. The list includes data on the presence of taxa in separate regions and counties of the country.