External debt as a share of gross national income in Serbia
Serbia: External debt as a share of gross national income was 62.2% in 2024. ▼ Falling
External debt as a share of gross national income in Serbia, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for external debt as a share of gross national income in Serbia is 62.2%, measured in 2024.
Compared with earlier readings it is down 4.5% on the previous year and down 8.2% over ten years.
Over the whole period, external debt as a share of gross national income in Serbia peaked at 158.0% in 2000 and was at its lowest, 54.7%, in 2004.
Serbia ranks 36th of 121 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
External debt as a share of gross national income in Serbia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 158.0% | — |
| 2001 | 91.7% | -41.9% |
| 2002 | 63.8% | -30.4% |
| 2003 | 60.8% | -4.8% |
| 2004 | 54.7% | -10.0% |
| 2005 | 57.7% | +5.5% |
| 2006 | 60.5% | +4.8% |
| 2007 | 60.2% | -0.4% |
| 2008 | 57.8% | -4.0% |
| 2009 | 73.0% | +26.4% |
| 2010 | 77.1% | +5.6% |
| 2011 | 64.2% | -16.8% |
| 2012 | 78.7% | +22.6% |
| 2013 | 73.4% | -6.7% |
| 2014 | 67.8% | -7.6% |
| 2015 | 76.7% | +13.0% |
| 2016 | 69.8% | -9.0% |
| 2017 | 71.7% | +2.8% |
| 2018 | 61.8% | -13.8% |
| 2019 | 63.4% | +2.6% |
| 2020 | 71.7% | +13.1% |
| 2021 | 65.9% | -8.1% |
| 2022 | 70.5% | +6.9% |
| 2023 | 65.2% | -7.5% |
| 2024 | 62.2% | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 73.8% | 54.7% | 158.0% | 10 |
| 2010s | 70.5% | 61.8% | 78.7% | 10 |
| 2020s | 67.1% | 62.2% | 71.7% | 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.35 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8533 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 13,023 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 88.72 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 1.35 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.77 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.4917 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is external debt as a share of gross national income in Serbia?
- External debt as a share of gross national income in Serbia was 62.2% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest external debt as a share of gross national income recorded in Serbia?
- The highest recorded value was 158.0% in 2000.
- What is the lowest external debt as a share of gross national income recorded in Serbia?
- The lowest recorded value was 54.7% in 2004.
- How does Serbia rank for external debt as a share of gross national income?
- Serbia ranks 36th out of 121 countries with data for 2024.
- Is external debt as a share of gross national income rising or falling in Serbia?
- Over the last ten years it is down 8.2%. The long-run trend across the full record is falling.
- Where does this Serbia data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of External debt as a share of gross national income. Statizoid updates them automatically from the source API.
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About this data
External debt stocks as a proportion of GNI (%).