Adjusted savings: carbon dioxide damage (current US$) in Serbia

Serbia: Adjusted savings: carbon dioxide damage was 2.11 billion current US$ in 2021. ▲ Rising

Latest (2021)
2.11 billion current US$
Change on year
up 12.4%
World rank
56th
of 210 countries
All-time high
2.11 billion current US$
in 2021
All-time low
569.64 million current US$
in 1994
Years of data
32
1990–2021

Adjusted savings: carbon dioxide damage in Serbia, 1990–2021

500.0M1.0B1.5B2.0B1990200520211990: 750.2M current US$1991: 668.6M current US$1992: 642.9M current US$1993: 599.0M current US$1994: 569.6M current US$1995: 681.0M current US$1996: 822.1M current US$1997: 932.3M current US$1998: 962.3M current US$1999: 710.2M current US$2000: 816.5M current US$2001: 873.3M current US$2002: 979.0M current US$2003: 1.1B current US$2004: 1.2B current US$2005: 1.2B current US$2006: 1.3B current US$2007: 1.3B current US$2008: 1.3B current US$2009: 1.3B current US$2010: 1.3B current US$2011: 1.5B current US$2012: 1.4B current US$2013: 1.5B current US$2014: 1.3B current US$2015: 1.6B current US$2016: 1.7B current US$2017: 1.8B current US$2018: 1.8B current US$2019: 1.9B current US$2020: 1.9B current US$2021: 2.1B current US$

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

The most recent figure for adjusted savings: carbon dioxide damage in Serbia is 2.11 billion current US$, measured in 2021. That is the highest value across all 32 years on record.

The figure is up 12.4% on the previous year and up 38.3% over ten years.

Over the whole period, adjusted savings: carbon dioxide damage in Serbia peaked at 2.11 billion current US$ in 2021 and was at its lowest, 569.64 million current US$, in 1994.

Serbia ranks 56th of 210 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 32 years of available data.

Adjusted savings: carbon dioxide damage in Serbia, year by year

Annual values for Adjusted savings: carbon dioxide damage (current US$) in Serbia, 1990 to 2021.
Year current US$ Change
1990 750.20 million current US$ —
1991 668.64 million current US$ -10.9%
1992 642.87 million current US$ -3.9%
1993 599.02 million current US$ -6.8%
1994 569.64 million current US$ -4.9%
1995 681.04 million current US$ +19.6%
1996 822.13 million current US$ +20.7%
1997 932.27 million current US$ +13.4%
1998 962.27 million current US$ +3.2%
1999 710.22 million current US$ -26.2%
2000 816.52 million current US$ +15.0%
2001 873.31 million current US$ +7.0%
2002 979.02 million current US$ +12.1%
2003 1.10 billion current US$ +11.9%
2004 1.24 billion current US$ +13.5%
2005 1.18 billion current US$ -5.1%
2006 1.30 billion current US$ +10.2%
2007 1.33 billion current US$ +1.9%
2008 1.34 billion current US$ +0.9%
2009 1.29 billion current US$ -3.2%
2010 1.35 billion current US$ +4.0%
2011 1.53 billion current US$ +13.5%
2012 1.42 billion current US$ -6.9%
2013 1.50 billion current US$ +5.6%
2014 1.31 billion current US$ -12.7%
2015 1.58 billion current US$ +20.3%
2016 1.67 billion current US$ +6.1%
2017 1.77 billion current US$ +5.8%
2018 1.81 billion current US$ +2.0%
2019 1.87 billion current US$ +3.7%
2020 1.88 billion current US$ +0.4%
2021 2.11 billion current US$ +12.4%

Serbia compared with similar countries

  • Serbia's 2.11 billion current US$ is above the median for upper middle income countries, which is 960.77 million current US$, 2.2× the median. (59 countries reporting)
  • Serbia's 2.11 billion current US$ is above the median for Europe & Central Asia, which is 1.59 billion current US$, 1.3× the median. (54 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 733.83 million current US$ 569.64 million current US$ 962.27 million current US$ 10
2000s 1.14 billion current US$ 816.52 million current US$ 1.34 billion current US$ 10
2010s 1.58 billion current US$ 1.31 billion current US$ 1.87 billion current US$ 10
2020s 2.00 billion current US$ 1.88 billion current US$ 2.11 billion current US$ 2

Countries ranked near Serbia

  1. 53 Belarus 2.58 billion current US$ compare
  2. 54 Greece 2.53 billion current US$ compare
  3. 55 Peru 2.51 billion current US$ compare
  4. 57 Singapore 2.10 billion current US$ compare
  5. 58 Hungary 2.02 billion current US$ compare
  6. 59 Portugal 1.90 billion current US$ compare

See the full ranking of 210 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is adjusted savings: carbon dioxide damage in Serbia?
Adjusted savings: carbon dioxide damage in Serbia was 2.11 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: carbon dioxide damage recorded in Serbia?
The highest recorded value was 2.11 billion current US$ in 2021.
What is the lowest adjusted savings: carbon dioxide damage recorded in Serbia?
The lowest recorded value was 569.64 million current US$ in 1994.
How does Serbia rank for adjusted savings: carbon dioxide damage?
Serbia ranks 56th out of 210 countries with data for 2021.
Is adjusted savings: carbon dioxide damage rising or falling in Serbia?
Over the last ten years it is up 38.3%. The long-run trend across the full record is rising.
Where does this Serbia data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: carbon dioxide damage (current US$). Statizoid updates them automatically from the source API.

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Adjusted savings: carbon dioxide damage in Serbia. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 07 October 2026, from https://economy.statizoid.com/stat/adjusted-savings-carbon-dioxide-damage-current-us/serbia/

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About this data

Indicator
Adjusted savings: carbon dioxide damage (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
210 places, 6,886 data points, 1970–2021
Last refreshed

Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.