Total FDI inflows — Value US$ in Serbia
Serbia: Total FDI inflows — Value US$ was 4,870 million USD in 2023. ◆ Volatile
Total FDI inflows — Value US$ in Serbia, 1997–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, total fdi inflows — value us$ in Serbia stood at 4,870 million USD.
The figure is up 4.3% on the previous year and up 136.9% over ten years.
Over the whole period, total fdi inflows — value us$ in Serbia peaked at 4,927 million USD in 2011 and was at its lowest, 51.78 million USD, in 2000.
Serbia ranks 46th of 191 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total FDI inflows — Value US$ in Serbia, year by year
| Year | million USD | Change |
|---|---|---|
| 1997 | 740 million USD | — |
| 1998 | 113 million USD | -84.7% |
| 1999 | 112 million USD | -0.9% |
| 2000 | 51.78 million USD | -53.8% |
| 2001 | 177.44 million USD | +242.7% |
| 2002 | 490.64 million USD | +176.5% |
| 2003 | 1,467 million USD | +199.0% |
| 2004 | 962.68 million USD | -34.4% |
| 2005 | 1,573 million USD | +63.4% |
| 2006 | 4,350 million USD | +176.6% |
| 2007 | 3,462 million USD | -20.4% |
| 2008 | 2,995 million USD | -13.5% |
| 2009 | 1,920 million USD | -35.9% |
| 2010 | 1,693 million USD | -11.8% |
| 2011 | 4,927 million USD | +191.0% |
| 2012 | 1,296 million USD | -73.7% |
| 2013 | 2,056 million USD | +58.6% |
| 2014 | 1,993 million USD | -3.0% |
| 2015 | 2,346 million USD | +17.7% |
| 2016 | 2,354 million USD | +0.4% |
| 2017 | 2,879 million USD | +22.3% |
| 2018 | 4,091 million USD | +42.1% |
| 2019 | 4,271 million USD | +4.4% |
| 2020 | 3,471 million USD | -18.7% |
| 2021 | 4,596 million USD | +32.4% |
| 2022 | 4,668 million USD | +1.6% |
| 2023 | 4,870 million USD | +4.3% |
Serbia compared with similar countries
- Serbia's 4,870 million USD is above the median for upper middle income countries, which is 760.67 million USD, 6.4× the median. (50 countries reporting)
- Serbia's 4,870 million USD is above the median for Europe & Central Asia, which is 3,447 million USD, 1.4× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 321.67 million USD | 112 million USD | 740 million USD | 3 |
| 2000s | 1,745 million USD | 51.78 million USD | 4,350 million USD | 10 |
| 2010s | 2,791 million USD | 1,296 million USD | 4,927 million USD | 10 |
| 2020s | 4,401 million USD | 3,471 million USD | 4,870 million USD | 4 |
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$), annual growth rate 12.03 % change on previous year (2025)
Frequently asked questions
- What is total fdi inflows — value us$ in Serbia?
- Total fdi inflows — value us$ in Serbia was 4,870 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total fdi inflows — value us$ recorded in Serbia?
- The highest recorded value was 4,927 million USD in 2011.
- What is the lowest total fdi inflows — value us$ recorded in Serbia?
- The lowest recorded value was 51.78 million USD in 2000.
- How does Serbia rank for total fdi inflows — value us$?
- Serbia ranks 46th out of 191 countries with data for 2023.
- Is total fdi inflows — value us$ rising or falling in Serbia?
- Over the last ten years it is up 136.9%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total FDI inflows — Value US$. Statizoid updates them automatically from the source API.
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About this data
FDI is an investment which aims to acquire a lasting management influence (10 percent or more of the voting stock) in an enterprise operating in a foreign economy. FDI may be undertaken by individuals, as well as business entities. The foreign direct investor most often is aiming to gain access to natural resources, to markets, to labour supply, to technology, to ensure security of supplies or to control the quality of a certain product. FDI can be decomposed into two types of investments: mergers and acquisitions (MA) and greenfield investments. The latter type results in the creation of new entities and the setting up of offices, buildings, plants or factories from scratch in a foreign economy. FDI is the sum of equity capital, reinvested earnings and other FDI capital. Equity capital comprises equity in branches, all shares in subsidiaries and associates (except non-participating, preferred shares that are treated as debt securities and are included under other FDI capital) and other contributions such as the provision of machinery. Reinvested earnings consist of the direct investor's share (in proportion to equity participation) of earnings not distributed by the direct investment enterprise. Other FDI capital (loans) includes the borrowing and lending of funds, including debt securities and trade credits between direct investors and direct investment enterprises. FDI inflows and outflows are important for tracking the direct investment conditions each year. Outward Foreign Direct Investment (FDI) flows record the value of cross-border direct investment transactions from the reporting economy during a year. It represents transactions affecting the investment in enterprises resident abroad. Whereas, Inward Foreign Direct Investment (FDI) flows record the value of cross-border direct investment transactions received by the reporting economy during a year. It represents transactions affecting the investment in enterprises of a specific industry resident in the reporting economy.