Total debt service in Serbia
Serbia: Total debt service was 21.0% in 2024. ▼ Falling
Total debt service in Serbia, 2007–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Serbia recorded 21.0% for total debt service in 2024.
The figure is up 74.2% on the previous year and down 49.4% over ten years.
Over the whole period, total debt service in Serbia peaked at 43.6% in 2013 and was at its lowest, 12.0%, in 2023.
Serbia ranks 34th of 120 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Total debt service in Serbia, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 2007 | 27.3% | — |
| 2008 | 31.7% | +16.0% |
| 2009 | 39.0% | +23.2% |
| 2010 | 32.7% | -16.1% |
| 2011 | 32.1% | -1.8% |
| 2012 | 38.8% | +20.7% |
| 2013 | 43.6% | +12.6% |
| 2014 | 41.4% | -5.1% |
| 2015 | 23.0% | -44.5% |
| 2016 | 29.4% | +28.0% |
| 2017 | 21.6% | -26.5% |
| 2018 | 21.7% | +0.2% |
| 2019 | 25.6% | +18.3% |
| 2020 | 19.1% | -25.3% |
| 2021 | 17.1% | -10.6% |
| 2022 | 15.0% | -12.4% |
| 2023 | 12.0% | -19.8% |
| 2024 | 21.0% | +74.2% |
Serbia compared with similar countries
- Serbia's 21.0% is above the median for upper middle income countries, which is 14.4%, 1.5× the median. (51 countries reporting)
- Serbia's 21.0% is above the median for Europe & Central Asia, which is 14.0%, 1.5× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32.6% | 27.3% | 39.0% | 3 |
| 2010s | 31.0% | 21.6% | 43.6% | 10 |
| 2020s | 16.9% | 12.0% | 21.0% | 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 total debt service in Serbia?
- Total debt service in Serbia was 21.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Serbia?
- The highest recorded value was 43.6% in 2013.
- What is the lowest total debt service recorded in Serbia?
- The lowest recorded value was 12.0% in 2023.
- How does Serbia rank for total debt service?
- Serbia ranks 34th out of 120 countries with data for 2024.
- Is total debt service rising or falling in Serbia?
- Over the last ten years it is down 49.4%. The long-run trend across the full record is falling.
- Where does this Serbia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Total debt service to exports of goods, services and primary income. Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.