Current account balance as a proportion of GDP (%) in Serbia
Serbia: Current account balance as a proportion of GDP (%) was -4.6% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Serbia, 2007–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, current account balance as a proportion of gdp in Serbia stood at -4.6%.
That represents a change of down 90.3% on the previous year and up 15.1% over ten years.
Over the whole period, current account balance as a proportion of gdp in Serbia peaked at -2.4% in 2023 and was at its lowest, -19.4%, in 2008.
Serbia ranks 144th of 205 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.
Current account balance as a proportion of GDP (%) in Serbia, year by year
| Year | % | Change |
|---|---|---|
| 2007 | -16.8% | — |
| 2008 | -19.4% | +15.9% |
| 2009 | -6.0% | -69.3% |
| 2010 | -6.2% | +3.7% |
| 2011 | -9.9% | +60.5% |
| 2012 | -10.5% | +5.6% |
| 2013 | -5.5% | -47.2% |
| 2014 | -5.4% | -3.1% |
| 2015 | -3.3% | -38.2% |
| 2016 | -2.8% | -15.1% |
| 2017 | -5.1% | +79.3% |
| 2018 | -4.7% | -7.8% |
| 2019 | -6.6% | +40.9% |
| 2020 | -3.9% | -40.6% |
| 2021 | -4.0% | +3.0% |
| 2022 | -6.7% | +66.3% |
| 2023 | -2.4% | -64.1% |
| 2024 | -4.6% | +90.3% |
Serbia compared with similar countries
- Serbia's -4.6% is below the median for upper middle income countries, which is -2.1%, 2.2× the median. (53 countries reporting)
- Serbia's -4.6% is below the median for Europe & Central Asia, which is -0.7%, 6.4× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -14.1% | -19.4% | -6.0% | 3 |
| 2010s | -6.0% | -10.5% | -2.8% | 10 |
| 2020s | -4.3% | -6.7% | -2.4% | 5 |
Countries ranked near Serbia
More economy & growth data for Serbia
- Real gdp growth, annual growth rate -48.61 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 2.19 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5822 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.6 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Serbia?
- Current account balance as a proportion of gdp in Serbia was -4.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Serbia?
- The highest recorded value was -2.4% in 2023.
- What is the lowest current account balance as a proportion of gdp recorded in Serbia?
- The lowest recorded value was -19.4% in 2008.
- How does Serbia rank for current account balance as a proportion of gdp?
- Serbia ranks 144th out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Serbia?
- Over the last ten years it is up 15.1%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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