Annual growth of imports of goods and services in Serbia
Serbia: Annual growth of imports of goods and services was 8.0% in 2024. ◆ Volatile
Latest (2024)
8.0%
Change on year
up 671.4%
World rank
47th
of 176 countries
All-time high
70.9%
in 2001
All-time low
-22.1%
in 2009
Years of data
25
2000–2024
Annual growth of imports of goods and services in Serbia, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual growth of imports of goods and services in Serbia is 8.0%, measured in 2024.
That represents a change of up 671.4% on the previous year and up 58.1% over ten years.
Over the whole period, annual growth of imports of goods and services in Serbia peaked at 70.9% in 2001 and was at its lowest, -22.1%, in 2009.
Serbia ranks 47th of 176 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Serbia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 24.7% | — |
| 2001 | 70.9% | +186.9% |
| 2002 | 26.6% | -62.4% |
| 2003 | 16.4% | -38.4% |
| 2004 | 30.6% | +86.5% |
| 2005 | -5.8% | -119.1% |
| 2006 | 17.4% | -397.1% |
| 2007 | 16.5% | -5.1% |
| 2008 | 10.2% | -38.1% |
| 2009 | -22.1% | -316.5% |
| 2010 | 2.8% | -112.5% |
| 2011 | 8.8% | +218.2% |
| 2012 | 1.5% | -83.2% |
| 2013 | 7.2% | +388.4% |
| 2014 | 5.1% | -29.5% |
| 2015 | 6.8% | +35.4% |
| 2016 | 6.4% | -7.0% |
| 2017 | 10.3% | +61.5% |
| 2018 | 11.1% | +8.0% |
| 2019 | 9.8% | -11.3% |
| 2020 | -4.0% | -140.4% |
| 2021 | 17.7% | -544.0% |
| 2022 | 16.1% | -9.1% |
| 2023 | -1.4% | -108.7% |
| 2024 | 8.0% | -671.4% |
Serbia compared with similar countries
- Serbia's 8.0% is above the median for upper middle income countries, which is 5.5%, 1.5× the median. (48 countries reporting)
- Serbia's 8.0% is above the median for Europe & Central Asia, which is 2.5%, 3.2× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.5% | -22.1% | 70.9% | 10 |
| 2010s | 7.0% | 1.5% | 11.1% | 10 |
| 2020s | 7.3% | -4.0% | 17.7% | 5 |
Countries ranked near Serbia
More economy & growth data for Serbia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.7 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.33 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0133 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 203.25 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.94 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -29.57 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0394 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 600.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.03 % change on previous year (2025)
Frequently asked questions
- What is annual growth of imports of goods and services in Serbia?
- Annual growth of imports of goods and services in Serbia was 8.0% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of imports of goods and services recorded in Serbia?
- The highest recorded value was 70.9% in 2001.
- What is the lowest annual growth of imports of goods and services recorded in Serbia?
- The lowest recorded value was -22.1% in 2009.
- How does Serbia rank for annual growth of imports of goods and services?
- Serbia ranks 47th out of 176 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Serbia?
- Over the last ten years it is up 58.1%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of imports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of imports of goods and services (%).