Travel services in Serbia
Serbia: Travel services was 19.0% in 2025. ▼ Falling
Travel services in Serbia, 2007–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
The most recent figure for travel services in Serbia is 19.0%, measured in 2025.
Compared with earlier readings it is down 2.4% on the previous year and down 13.8% over ten years.
Over the whole period, travel services in Serbia peaked at 27.4% in 2007 and was at its lowest, 17.6%, in 2020.
Serbia ranks 142nd of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Travel services in Serbia, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 2007 | 27.4% | — |
| 2008 | 23.4% | -14.7% |
| 2009 | 24.8% | +6.1% |
| 2010 | 22.7% | -8.5% |
| 2011 | 23.5% | +3.6% |
| 2012 | 23.2% | -1.4% |
| 2013 | 23.1% | -0.2% |
| 2014 | 22.7% | -2.2% |
| 2015 | 22.1% | -2.4% |
| 2016 | 22.8% | +2.9% |
| 2017 | 22.6% | -0.7% |
| 2018 | 21.7% | -4.0% |
| 2019 | 20.7% | -4.6% |
| 2020 | 17.6% | -15.1% |
| 2021 | 20.4% | +16.4% |
| 2022 | 22.2% | +8.7% |
| 2023 | 19.4% | -12.5% |
| 2024 | 19.5% | +0.4% |
| 2025 | 19.0% | -2.4% |
Serbia compared with similar countries
- Serbia's 19.0% is below the median for upper middle income countries, which is 48.1%, 40% of the median. (55 countries reporting)
- Serbia's 19.0% is below the median for Europe & Central Asia, which is 20.5%, 93% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.2% | 23.4% | 27.4% | 3 |
| 2010s | 22.5% | 20.7% | 23.5% | 10 |
| 2020s | 19.7% | 17.6% | 22.2% | 6 |
Countries ranked near Serbia
- 139 Russian Federation 19.3% compare
- 140 Brazil 19.2% compare
- 141 North Macedonia 19.1% compare
- 143 Tajikistan 18.6% compare
- 144 Mozambique 18.1% compare
- 145 Cayman Islands 17.8% 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)
- 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 travel services in Serbia?
- Travel services in Serbia was 19.0% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Serbia?
- The highest recorded value was 27.4% in 2007.
- What is the lowest travel services recorded in Serbia?
- The lowest recorded value was 17.6% in 2020.
- How does Serbia rank for travel services?
- Serbia ranks 142nd out of 198 countries with data for 2025.
- Is travel services rising or falling in Serbia?
- Over the last ten years it is down 13.8%. The long-run trend across the full record is falling.
- Where does this Serbia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Travel services (% of service exports, BoP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.