Short-term debt in Serbia

Serbia: Short-term debt was 3.3% in 2024. ◆ Volatile

Latest (2024)
3.3%
Change on year
down 6.7%
World rank
96th
of 112 countries
All-time high
32.1%
in 2008
All-time low
3.3%
in 2024
Years of data
19
2006–2024

Short-term debt in Serbia, 2006–2024

01020302006201520242006: 18.8 % of total reserves2007: 15.8 % of total reserves2008: 32.1 % of total reserves2009: 23.6 % of total reserves2010: 21 % of total reserves2011: 7.5 % of total reserves2012: 7.1 % of total reserves2013: 3.6 % of total reserves2014: 4.4 % of total reserves2015: 7.8 % of total reserves2016: 6.6 % of total reserves2017: 8.5 % of total reserves2018: 12.7 % of total reserves2019: 14.4 % of total reserves2020: 11.5 % of total reserves2021: 10.7 % of total reserves2022: 12.4 % of total reserves2023: 3.5 % of total reserves2024: 3.3 % of total reserves

Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.

Analysis

Serbia recorded 3.3% for short-term debt in 2024. That is the lowest value across all 19 years on record.

That represents a change of down 6.7% on the previous year and down 25.7% over ten years.

Over the whole period, short-term debt in Serbia peaked at 32.1% in 2008 and was at its lowest, 3.3%, in 2024.

That places Serbia 96th out of 112 countries with data for 2024, putting it 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

Annual values for Short-term debt (% of total reserves) in Serbia, 2006 to 2024.
Year % of total reserves Change
2006 18.8%
2007 15.8% -16.1%
2008 32.1% +103.1%
2009 23.6% -26.4%
2010 21.0% -11.1%
2011 7.5% -64.5%
2012 7.1% -5.2%
2013 3.6% -49.6%
2014 4.4% +24.1%
2015 7.8% +77.1%
2016 6.6% -15.8%
2017 8.5% +28.5%
2018 12.7% +49.7%
2019 14.4% +13.7%
2020 11.5% -20.5%
2021 10.7% -6.6%
2022 12.4% +15.6%
2023 3.5% -71.6%
2024 3.3% -6.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 22.6% 15.8% 32.1% 4
2010s 9.4% 3.6% 21.0% 10
2020s 8.3% 3.3% 12.4% 5

Countries ranked near Serbia

  1. 93 Botswana 4.2% compare
  2. 94 Grenada 3.7% compare
  3. 95 Madagascar 3.6% compare
  4. 97 Papua New Guinea 3.3% compare
  5. 98 Nepal 2.7% compare
  6. 99 Belize 2.6% compare

See the full ranking of 144 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is short-term debt in Serbia?
Short-term debt in Serbia was 3.3% in 2024, according to World Development Indicators, World Bank (WB).
What is the highest short-term debt recorded in Serbia?
The highest recorded value was 32.1% in 2008.
What is the lowest short-term debt recorded in Serbia?
The lowest recorded value was 3.3% in 2024.
How does Serbia rank for short-term debt?
Serbia ranks 96th out of 112 countries with data for 2024.
Is short-term debt rising or falling in Serbia?
Over the last ten years it is down 25.7%. The long-run trend across the full record is volatile.
Where does this Serbia data come from?
The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.

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Short-term debt in Serbia. Statizoid, drawing on World Development Indicators, World Bank (WB). Retrieved 03 September 2026, from https://economy.statizoid.com/stat/short-term-debt-percent-of-total-reserves/serbia/

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About this data

Indicator
Short-term debt (% of total reserves)
Unit
% of total reserves
Source
World Development Indicators, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
144 places, 6,180 data points, 1970–2024
Last refreshed

Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.