Volume of remittances (in United States dollars) as a proportion of in Serbia
Serbia: Volume of remittances (in United States dollars) as a proportion of was 6.4% in 2024. ▼ Falling
Volume of remittances (in United States dollars) as a proportion of in Serbia, 2007–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for volume of remittances (in united states dollars) as a proportion of in Serbia is 6.4%, measured in 2024. That is the lowest value across all 18 years on record.
That represents a change of down 9.9% on the previous year and down 15.0% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Serbia peaked at 9.9% in 2009 and was at its lowest, 6.4%, in 2024.
That places Serbia 53rd out of 203 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 8.4% | — |
| 2008 | 6.5% | -22.0% |
| 2009 | 9.9% | +51.4% |
| 2010 | 9.5% | -4.5% |
| 2011 | 7.7% | -18.3% |
| 2012 | 7.9% | +1.7% |
| 2013 | 8.0% | +1.4% |
| 2014 | 7.5% | -5.7% |
| 2015 | 8.2% | +8.5% |
| 2016 | 7.6% | -7.0% |
| 2017 | 7.8% | +2.9% |
| 2018 | 8.4% | +7.9% |
| 2019 | 7.9% | -6.6% |
| 2020 | 6.9% | -12.0% |
| 2021 | 6.9% | +0.4% |
| 2022 | 8.5% | +22.9% |
| 2023 | 7.1% | -16.9% |
| 2024 | 6.4% | -9.9% |
Serbia compared with similar countries
- Serbia's 6.4% is above the median for upper middle income countries, which is 3.6%, 1.8× the median. (53 countries reporting)
- Serbia's 6.4% is above the median for Europe & Central Asia, which is 1.5%, 4.1× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.3% | 6.5% | 9.9% | 3 |
| 2010s | 8.0% | 7.5% | 9.5% | 10 |
| 2020s | 7.2% | 6.4% | 8.5% | 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 volume of remittances (in united states dollars) as a proportion of in Serbia?
- Volume of remittances (in united states dollars) as a proportion of in Serbia was 6.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Serbia?
- The highest recorded value was 9.9% in 2009.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Serbia?
- The lowest recorded value was 6.4% in 2024.
- How does Serbia rank for volume of remittances (in united states dollars) as a proportion of?
- Serbia ranks 53rd out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Serbia?
- Over the last ten years it is down 15.0%. The long-run trend across the full record is falling.
- Where does this Serbia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under UN SDG Global Database (open, attribution requested).