Trade as a share of GDP in Serbia
Serbia: Trade as a share of GDP was 112.9% in 2025. ▲ Rising
Trade as a share of GDP in Serbia, 1995–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
Serbia recorded 112.9% for trade as a share of gdp in 2025.
The figure is up 1.1% on the previous year and up 20.7% over ten years.
Over the whole period, trade as a share of gdp in Serbia peaked at 131.9% in 2022 and was at its lowest, 12.6%, in 1995.
That places Serbia 49th out of 191 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Trade as a share of GDP in Serbia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 12.6% | — |
| 1996 | 27.3% | +117.3% |
| 1997 | 32.7% | +19.6% |
| 1998 | 39.2% | +19.9% |
| 1999 | 24.2% | -38.2% |
| 2000 | 21.1% | -12.8% |
| 2001 | 53.9% | +155.3% |
| 2002 | 54.3% | +0.8% |
| 2003 | 58.3% | +7.4% |
| 2004 | 72.3% | +24.0% |
| 2005 | 72.0% | -0.4% |
| 2006 | 75.5% | +4.9% |
| 2007 | 72.7% | -3.7% |
| 2008 | 75.7% | +4.2% |
| 2009 | 63.5% | -16.2% |
| 2010 | 73.7% | +16.1% |
| 2011 | 75.7% | +2.8% |
| 2012 | 82.1% | +8.4% |
| 2013 | 84.3% | +2.7% |
| 2014 | 88.4% | +4.8% |
| 2015 | 93.5% | +5.8% |
| 2016 | 97.7% | +4.5% |
| 2017 | 102.7% | +5.2% |
| 2018 | 105.6% | +2.7% |
| 2019 | 107.6% | +1.9% |
| 2020 | 100.3% | -6.7% |
| 2021 | 112.3% | +12.0% |
| 2022 | 131.9% | +17.4% |
| 2023 | 114.5% | -13.2% |
| 2024 | 111.7% | -2.4% |
| 2025 | 112.9% | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.2% | 12.6% | 39.2% | 5 |
| 2000s | 61.9% | 21.1% | 75.7% | 10 |
| 2010s | 91.1% | 73.7% | 107.6% | 10 |
| 2020s | 114.0% | 100.3% | 131.9% | 6 |
Countries ranked near Serbia
- 46 Antigua and Barbuda 118.3% compare
- 47 Marshall Islands 115.9% compare
- 48 Oman 114.9% compare
- 50 Belarus 112.1% compare
- 51 Solomon Islands 111.4% compare
- 52 Belize 109.0% compare
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)
- Services, value added (constant LCU), per capita 639,492 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 4.49 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.35 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8533 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 13,023 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 88.72 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 1.35 million current LCU per person (2025)
Frequently asked questions
- What is trade as a share of gdp in Serbia?
- Trade as a share of gdp in Serbia was 112.9% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest trade as a share of gdp recorded in Serbia?
- The highest recorded value was 131.9% in 2022.
- What is the lowest trade as a share of gdp recorded in Serbia?
- The lowest recorded value was 12.6% in 1995.
- How does Serbia rank for trade as a share of gdp?
- Serbia ranks 49th out of 191 countries with data for 2025.
- Is trade as a share of gdp rising or falling in Serbia?
- Over the last ten years it is up 20.7%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Trade as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Trade in goods and services as a share of GDP, shown as a percentage.