Debt service as a share of exports of good and services in Serbia
Serbia: Debt service as a share of exports of good and services was 4.8% in 2023. ▲ Rising
Debt service as a share of exports of good and services in Serbia, 2007–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2023, debt service as a share of exports of good and services in Serbia stood at 4.8%.
That represents a change of up 28.6% on the previous year and down 64.5% over ten years.
Over the whole period, debt service as a share of exports of good and services in Serbia peaked at 13.7% in 2013 and was at its lowest, 3.6%, in 2008.
That places Serbia 85th out of 116 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Debt service as a share of exports of good and services in Serbia, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 5.1% | — |
| 2008 | 3.6% | -29.5% |
| 2009 | 4.3% | +20.7% |
| 2010 | 5.3% | +22.2% |
| 2011 | 5.1% | -3.2% |
| 2012 | 8.7% | +69.5% |
| 2013 | 13.7% | +57.6% |
| 2014 | 11.5% | -15.6% |
| 2015 | 8.7% | -24.4% |
| 2016 | 8.2% | -5.9% |
| 2017 | 12.3% | +50.2% |
| 2018 | 11.9% | -3.4% |
| 2019 | 12.2% | +2.4% |
| 2020 | 10.3% | -15.3% |
| 2021 | 6.1% | -40.8% |
| 2022 | 3.8% | -38.3% |
| 2023 | 4.8% | +28.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.3% | 3.6% | 5.1% | 3 |
| 2010s | 9.8% | 5.1% | 13.7% | 10 |
| 2020s | 6.3% | 3.8% | 10.3% | 4 |
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 debt service as a share of exports of good and services in Serbia?
- Debt service as a share of exports of good and services in Serbia was 4.8% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in Serbia?
- The highest recorded value was 13.7% in 2013.
- What is the lowest debt service as a share of exports of good and services recorded in Serbia?
- The lowest recorded value was 3.6% in 2008.
- How does Serbia rank for debt service as a share of exports of good and services?
- Serbia ranks 85th out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services rising or falling in Serbia?
- Over the last ten years it is down 64.5%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
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About this data
Debt service as a proportion of exports of goods, services and primary income (%).