Short-term debt in Serbia
Serbia: Short-term debt was 2.0% in 2024. ◆ Volatile
Short-term debt in Serbia, 2007–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, short-term debt in Serbia stood at 2.0%. That is the lowest value across all 18 years on record.
That represents a change of down 4.9% on the previous year and down 23.8% over ten years.
Over the whole period, short-term debt in Serbia peaked at 30.2% in 2009 and was at its lowest, 2.0%, in 2024.
Serbia ranks 98th of 119 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Serbia, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 2007 | 19.0% | — |
| 2008 | 24.7% | +29.9% |
| 2009 | 30.2% | +22.6% |
| 2010 | 21.3% | -29.7% |
| 2011 | 7.2% | -66.3% |
| 2012 | 6.5% | -8.8% |
| 2013 | 2.8% | -56.5% |
| 2014 | 2.7% | -6.5% |
| 2015 | 4.9% | +83.5% |
| 2016 | 3.6% | -27.1% |
| 2017 | 4.5% | +26.1% |
| 2018 | 6.4% | +42.2% |
| 2019 | 8.1% | +26.5% |
| 2020 | 7.3% | -9.8% |
| 2021 | 5.7% | -21.0% |
| 2022 | 6.3% | +9.4% |
| 2023 | 2.1% | -66.1% |
| 2024 | 2.0% | -4.9% |
Serbia compared with similar countries
- Serbia's 2.0% is below the median for upper middle income countries, which is 17.7%, 11% of the median. (51 countries reporting)
- Serbia's 2.0% is below the median for Europe & Central Asia, which is 18.6%, 11% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.6% | 19.0% | 30.2% | 3 |
| 2010s | 6.8% | 2.7% | 21.3% | 10 |
| 2020s | 4.7% | 2.0% | 7.3% | 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)
- 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 short-term debt in Serbia?
- Short-term debt in Serbia was 2.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Serbia?
- The highest recorded value was 30.2% in 2009.
- What is the lowest short-term debt recorded in Serbia?
- The lowest recorded value was 2.0% in 2024.
- How does Serbia rank for short-term debt?
- Serbia ranks 98th out of 119 countries with data for 2024.
- Is short-term debt rising or falling in Serbia?
- Over the last ten years it is down 23.8%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.