Bank deposits to GDP in Serbia

Serbia: Bank deposits to GDP was 54.7% in 2021. ▲ Rising

Latest (2021)
54.7%
Change on year
down 0.5%
World rank
101st
of 185 countries
All-time high
55.0%
in 2020
All-time low
6.7%
in 1997
Years of data
25
1997–2021

Bank deposits to GDP in Serbia, 1997–2021

1020304050601997200920211997: 6.7 %1998: 7.6 %1999: 8.1 %2000: 12.5 %2001: 11.5 %2002: 13.4 %2003: 15.4 %2004: 17.8 %2005: 21.6 %2006: 25.5 %2007: 32.3 %2008: 30.5 %2009: 35.9 %2010: 38.6 %2011: 37.9 %2012: 39.7 %2013: 37.9 %2014: 40.6 %2015: 41.7 %2016: 44.1 %2017: 43.3 %2018: 46.9 %2019: 47.5 %2020: 55 %2021: 54.7 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

Serbia recorded 54.7% for bank deposits to gdp in 2021.

The figure is down 0.5% on the previous year and up 44.3% over ten years.

Over the whole period, bank deposits to gdp in Serbia peaked at 55.0% in 2020 and was at its lowest, 6.7%, in 1997.

That places Serbia 101st out of 185 countries with data for 2021, putting it in the middle of the range.

The long-run direction has been consistently rising across the 25 years of available data.

Bank deposits to GDP in Serbia, year by year

Annual values for Bank deposits to GDP (%) in Serbia, 1997 to 2021.
Year % Change
1997 6.7%
1998 7.6% +12.7%
1999 8.1% +6.4%
2000 12.5% +54.5%
2001 11.5% -7.4%
2002 13.4% +16.1%
2003 15.4% +15.2%
2004 17.8% +15.4%
2005 21.6% +21.1%
2006 25.5% +18.2%
2007 32.3% +27.0%
2008 30.5% -5.6%
2009 35.9% +17.8%
2010 38.6% +7.4%
2011 37.9% -1.7%
2012 39.7% +4.7%
2013 37.9% -4.5%
2014 40.6% +7.1%
2015 41.7% +2.6%
2016 44.1% +5.7%
2017 43.3% -1.7%
2018 46.9% +8.2%
2019 47.5% +1.5%
2020 55.0% +15.7%
2021 54.7% -0.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 7.5% 6.7% 8.1% 3
2000s 21.6% 11.5% 35.9% 10
2010s 41.8% 37.9% 47.5% 10
2020s 54.9% 54.7% 55.0% 2

Countries ranked near Serbia

  1. 98 Kosovo 55.5% compare
  2. 98 Kosovo (UNSCR 1244) 55.5% compare
  3. 100 Uruguay 54.9% compare
  4. 102 Tonga 54.3% compare
  5. 103 Russian Federation 53.9% compare
  6. 104 Algeria 51.5% compare

See the full ranking of 185 places →

More financial sector data for Serbia

All data for Serbia →

Frequently asked questions

What is bank deposits to gdp in Serbia?
Bank deposits to gdp in Serbia was 54.7% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest bank deposits to gdp recorded in Serbia?
The highest recorded value was 55.0% in 2020.
What is the lowest bank deposits to gdp recorded in Serbia?
The lowest recorded value was 6.7% in 1997.
How does Serbia rank for bank deposits to gdp?
Serbia ranks 101st out of 185 countries with data for 2021.
Is bank deposits to gdp rising or falling in Serbia?
Over the last ten years it is up 44.3%. The long-run trend across the full record is rising.
Where does this Serbia data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank deposits to GDP (%). Statizoid updates them automatically from the source API.

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Bank deposits to GDP in Serbia. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 31 August 2026, from https://financial-sector.statizoid.com/stat/bank-deposits-to-gdp-percent/serbia/

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About this data

Indicator
Bank deposits to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 8,479 data points, 1960–2021
Last refreshed

Demand, time and saving deposits in deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Bank deposits (IFS lines 24 and 25); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).