Merchandise trade as a proportion of GDP in Serbia
Serbia: Merchandise trade as a proportion of GDP was 81.9% in 2024. ▲ Rising
Merchandise trade as a proportion of GDP in Serbia, 2006–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Serbia recorded 81.9% for merchandise trade as a proportion of gdp in 2024.
That represents a change of down 5.8% on the previous year and up 13.5% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Serbia peaked at 105.1% in 2022 and was at its lowest, 51.9%, in 2009.
Serbia ranks 47th of 218 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Merchandise trade as a proportion of GDP in Serbia, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 58.9% | — |
| 2007 | 62.4% | +5.9% |
| 2008 | 65.1% | +4.4% |
| 2009 | 51.9% | -20.2% |
| 2010 | 60.9% | +17.3% |
| 2011 | 61.7% | +1.3% |
| 2012 | 66.9% | +8.3% |
| 2013 | 69.7% | +4.2% |
| 2014 | 72.2% | +3.6% |
| 2015 | 75.7% | +4.9% |
| 2016 | 80.8% | +6.8% |
| 2017 | 84.7% | +4.8% |
| 2018 | 85.5% | +0.9% |
| 2019 | 86.1% | +0.7% |
| 2020 | 81.8% | -4.9% |
| 2021 | 89.7% | +9.6% |
| 2022 | 105.1% | +17.1% |
| 2023 | 87.0% | -17.2% |
| 2024 | 81.9% | -5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 59.6% | 51.9% | 65.1% | 4 |
| 2010s | 74.4% | 60.9% | 86.1% | 10 |
| 2020s | 89.1% | 81.8% | 105.1% | 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)
- Exports of goods and services (current LCU), annual growth rate 8.06 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 56.47 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 861,883 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 5.63 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3849 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 5,874 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 6.49 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2284 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Serbia?
- Merchandise trade as a proportion of gdp in Serbia was 81.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Serbia?
- The highest recorded value was 105.1% in 2022.
- What is the lowest merchandise trade as a proportion of gdp recorded in Serbia?
- The lowest recorded value was 51.9% in 2009.
- How does Serbia rank for merchandise trade as a proportion of gdp?
- Serbia ranks 47th out of 218 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Serbia?
- Over the last ten years it is up 13.5%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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