Bank Z-score in Serbia

Serbia: Bank Z-score was 10.35 in 2021. ▬ Flat

Latest (2021)
10.35
Change on year
down 6.5%
World rank
121st
of 170 countries
All-time high
16.47
in 2008
All-time low
8.39
in 2001
Years of data
22
2000–2021

Bank Z-score in Serbia, 2000–2021

0510152000201020212000: 10.82001: 8.42002: 12.82003: 15.82004: 122005: 11.92006: 142007: 15.22008: 16.52009: 13.92010: 12.82011: 13.82012: 13.62013: 13.32014: 13.22015: 14.32016: 13.32017: 14.42018: 13.32019: 12.62020: 11.12021: 10.3

Source: Bankscope, Bureau van Dijk (BvD).

Analysis

Serbia recorded 10.35 for bank z-score in 2021.

That represents a change of down 6.5% on the previous year and down 25.0% over ten years.

Over the whole period, bank z-score in Serbia peaked at 16.47 in 2008 and was at its lowest, 8.39, in 2001.

Serbia ranks 121st of 170 countries on this measure, in the middle of the range.

Bank Z-score in Serbia, year by year

Annual values for Bank Z-score in Serbia, 2000 to 2021.
Year Value Change
2000 10.79 —
2001 8.39 -22.2%
2002 12.82 +52.8%
2003 15.76 +22.9%
2004 11.99 -23.9%
2005 11.9 -0.8%
2006 13.97 +17.5%
2007 15.22 +8.9%
2008 16.47 +8.2%
2009 13.94 -15.3%
2010 12.81 -8.1%
2011 13.8 +7.7%
2012 13.56 -1.7%
2013 13.25 -2.3%
2014 13.18 -0.5%
2015 14.27 +8.2%
2016 13.33 -6.6%
2017 14.36 +7.7%
2018 13.34 -7.1%
2019 12.55 -5.9%
2020 11.07 -11.8%
2021 10.35 -6.5%

Serbia compared with similar countries

  • Serbia's 10.35 is below the median for upper middle income countries, which is 15.47, 67% of the median. (48 countries reporting)
  • Serbia's 10.35 is below the median for Europe & Central Asia, which is 11.21, 92% of the median. (50 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 13.12 8.39 16.47 10
2010s 13.44 12.55 14.36 10
2020s 10.71 10.35 11.07 2

Countries ranked near Serbia

  1. 118 Gambia 10.93 compare
  2. 119 Cameroon 10.59 compare
  3. 120 Seychelles 10.41 compare
  4. 122 Romania 10.34 compare
  5. 123 Czechia 10.34 compare
  6. 124 Korea 10.19 compare

See the full ranking of 170 places →

More financial sector data for Serbia

All data for Serbia →

Frequently asked questions

What is bank z-score in Serbia?
Bank z-score in Serbia was 10.35 in 2021, according to Bankscope, Bureau van Dijk (BvD).
What is the highest bank z-score recorded in Serbia?
The highest recorded value was 16.47 in 2008.
What is the lowest bank z-score recorded in Serbia?
The lowest recorded value was 8.39 in 2001.
How does Serbia rank for bank z-score?
Serbia ranks 121st out of 170 countries with data for 2021.
Is bank z-score rising or falling in Serbia?
Over the last ten years it is down 25.0%. The long-run trend across the full record is flat.
Where does this Serbia data come from?
The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank Z-score. Statizoid updates them automatically from the source API.

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Bank Z-score in Serbia. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 09 November 2026, from https://financial-sector.statizoid.com/stat/bank-z-score/serbia/

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About this data

Indicator
Bank Z-score
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
170 places, 3,302 data points, 2000–2021
Last refreshed

It captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures Calculated from underlying bank-by-bank unconsolidated data from Bankscope.