Total debt service in Serbia
Serbia: Total debt service was 12.2% in 2024. ◆ Volatile
Total debt service in Serbia, 1997–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, total debt service in Serbia stood at 12.2%.
The figure is up 72.2% on the previous year and down 30.2% over ten years.
Over the whole period, total debt service in Serbia peaked at 17.5% in 2014 and was at its lowest, 0.2%, in 1997.
Serbia ranks 11th of 122 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Serbia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1997 | 0.2% | — |
| 1998 | 0.3% | +59.9% |
| 1999 | 0.2% | -30.7% |
| 2000 | 1.7% | +686.0% |
| 2001 | 0.8% | -53.2% |
| 2002 | 1.3% | +68.3% |
| 2003 | 1.7% | +31.3% |
| 2004 | 3.4% | +93.6% |
| 2005 | 4.4% | +30.3% |
| 2006 | 6.5% | +48.4% |
| 2007 | 7.4% | +13.6% |
| 2008 | 9.0% | +20.8% |
| 2009 | 10.0% | +11.9% |
| 2010 | 10.1% | +0.6% |
| 2011 | 10.6% | +4.6% |
| 2012 | 13.8% | +30.9% |
| 2013 | 17.4% | +25.7% |
| 2014 | 17.5% | +0.9% |
| 2015 | 10.6% | -39.5% |
| 2016 | 14.7% | +38.4% |
| 2017 | 11.3% | -23.1% |
| 2018 | 11.1% | -2.0% |
| 2019 | 13.5% | +21.6% |
| 2020 | 9.2% | -31.4% |
| 2021 | 9.3% | +0.9% |
| 2022 | 9.6% | +3.0% |
| 2023 | 7.1% | -26.0% |
| 2024 | 12.2% | +72.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2% | 0.2% | 0.3% | 3 |
| 2000s | 4.6% | 0.8% | 10.0% | 10 |
| 2010s | 13.0% | 10.1% | 17.5% | 10 |
| 2020s | 9.5% | 7.1% | 12.2% | 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 8.02 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.4474 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 6,829 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -4.62 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -0.5247 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 10.4 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 3.42 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 52,129 current LCU per person (2025)
Frequently asked questions
- What is total debt service in Serbia?
- Total debt service in Serbia was 12.2% 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 17.5% in 2014.
- What is the lowest total debt service recorded in Serbia?
- The lowest recorded value was 0.2% in 1997.
- How does Serbia rank for total debt service?
- Serbia ranks 11th out of 122 countries with data for 2024.
- Is total debt service rising or falling in Serbia?
- Over the last ten years it is down 30.2%. 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 Total debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
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.