External balance on goods and services (current LCU) in Serbia
Serbia: External balance on goods and services (current LCU) was -446.61 billion current LCU in 2025. ◆ Volatile
External balance on goods and services in Serbia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, external balance on goods and services in Serbia stood at -446.61 billion current LCU.
Compared with earlier readings it is down 0.5% on the previous year and down 47.1% over ten years.
Over the whole period, external balance on goods and services in Serbia peaked at -1.82 billion current LCU in 1995 and was at its lowest, -778.61 billion current LCU, in 2022.
Serbia ranks 156th of 193 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current LCU) in Serbia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | -1.82 billion current LCU | — |
| 1996 | -7.86 billion current LCU | +331.8% |
| 1997 | -11.40 billion current LCU | +44.9% |
| 1998 | -9.42 billion current LCU | -17.3% |
| 1999 | -10.34 billion current LCU | +9.7% |
| 2000 | -21.39 billion current LCU | +106.9% |
| 2001 | -131.56 billion current LCU | +514.9% |
| 2002 | -183.86 billion current LCU | +39.8% |
| 2003 | -192.60 billion current LCU | +4.8% |
| 2004 | -365.60 billion current LCU | +89.8% |
| 2005 | -317.27 billion current LCU | -13.2% |
| 2006 | -393.41 billion current LCU | +24.0% |
| 2007 | -530.49 billion current LCU | +34.8% |
| 2008 | -633.71 billion current LCU | +19.5% |
| 2009 | -406.58 billion current LCU | -35.8% |
| 2010 | -397.03 billion current LCU | -2.3% |
| 2011 | -462.37 billion current LCU | +16.5% |
| 2012 | -524.85 billion current LCU | +13.5% |
| 2013 | -338.49 billion current LCU | -35.5% |
| 2014 | -335.86 billion current LCU | -0.8% |
| 2015 | -303.68 billion current LCU | -9.6% |
| 2016 | -224.76 billion current LCU | -26.0% |
| 2017 | -320.80 billion current LCU | +42.7% |
| 2018 | -434.85 billion current LCU | +35.6% |
| 2019 | -547.38 billion current LCU | +25.9% |
| 2020 | -467.72 billion current LCU | -14.6% |
| 2021 | -503.82 billion current LCU | +7.7% |
| 2022 | -778.61 billion current LCU | +54.5% |
| 2023 | -382.95 billion current LCU | -50.8% |
| 2024 | -444.28 billion current LCU | +16.0% |
| 2025 | -446.61 billion current LCU | +0.5% |
Serbia compared with similar countries
- Serbia's -446.61 billion current LCU is below the median for upper middle income countries, which is -2.10 billion current LCU, 213.1× the median. (53 countries reporting)
- Serbia's -446.61 billion current LCU is below the median for Europe & Central Asia, which is 96.00 million current LCU. (52 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services (current LCU) in Serbia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | -514.9% | -21.39 billion current LCU | -131.56 billion current LCU |
| 1996 | -331.8% | -1.82 billion current LCU | -7.86 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -8.17 billion current LCU | -11.40 billion current LCU | -1.82 billion current LCU | 5 |
| 2000s | -317.65 billion current LCU | -633.71 billion current LCU | -21.39 billion current LCU | 10 |
| 2010s | -389.01 billion current LCU | -547.38 billion current LCU | -224.76 billion current LCU | 10 |
| 2020s | -504.00 billion current LCU | -778.61 billion current LCU | -382.95 billion current LCU | 6 |
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0213 units per US$ of GDP (2025)
Frequently asked questions
- What is external balance on goods and services in Serbia?
- External balance on goods and services in Serbia was -446.61 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Serbia?
- The highest recorded value was -1.82 billion current LCU in 1995.
- What is the lowest external balance on goods and services recorded in Serbia?
- The lowest recorded value was -778.61 billion current LCU in 2022.
- How does Serbia rank for external balance on goods and services?
- Serbia ranks 156th out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Serbia?
- Over the last ten years it is down 47.1%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.