Current account balance as a share of GDP in Serbia
Serbia: Current account balance as a share of GDP was -4.6% in 2024. ◆ Volatile
Current account balance as a share of GDP in Serbia, 2007–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
Serbia recorded -4.6% for current account balance as a share of gdp in 2024.
The figure is down 90.8% on the previous year and up 14.9% over ten years.
Over the whole period, current account balance as a share of gdp in Serbia peaked at -2.4% in 2023 and was at its lowest, -19.4%, in 2008.
That places Serbia 137th out of 193 countries with data for 2024, putting it 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 share 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% | +60.7% |
| 2012 | -10.5% | +5.5% |
| 2013 | -5.5% | -47.1% |
| 2014 | -5.4% | -3.2% |
| 2015 | -3.3% | -38.1% |
| 2016 | -2.8% | -15.1% |
| 2017 | -5.0% | +79.1% |
| 2018 | -4.7% | -7.7% |
| 2019 | -6.6% | +40.8% |
| 2020 | -3.9% | -40.5% |
| 2021 | -4.0% | +2.8% |
| 2022 | -6.7% | +66.3% |
| 2023 | -2.4% | -64.2% |
| 2024 | -4.6% | +90.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -14.0% | -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
- 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)
- Industry (including construction), value added (constant 2015 US$) -0.35 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.143 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 2,183 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual -0.3499 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 17.44 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 266,125 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 12.74 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5973 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Serbia?
- Current account balance as a share of gdp in Serbia was -4.6% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Serbia?
- The highest recorded value was -2.4% in 2023.
- What is the lowest current account balance as a share of gdp recorded in Serbia?
- The lowest recorded value was -19.4% in 2008.
- How does Serbia rank for current account balance as a share of gdp?
- Serbia ranks 137th out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Serbia?
- Over the last ten years it is up 14.9%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).