Question of the achieved level of democracy in a given society is one of the most important issues in sociology of politics. We believe that electoral democracy can serve as an accurate and valid reference system for longitudinal monitoring of the development of democracy in the country, and it can even serve as an adequate methodological framework for comparison between states. In this paper we will try to give an objective analysis of the parliamentary elections in Serbia in 2014 using the theoretical concept of minimal definition of democracy. After the application of several criteria which postulated by theoretical framework, we will try to give an assessment on whether is Serbia still can be classified into the category of countries with effective electoral democracy (as we could after the previous election held in 2012).