Current account balance (credit less debit), Net (credits less) in Serbia
Serbia: Current account balance (credit less debit), Net (credits less) was -4.10 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Serbia, 2007–2024
Source: International Monetary Fund.
Analysis
Serbia recorded -4.10 billion for current account balance (credit less debit), net (credits less debits) in 2024.
Compared with earlier readings it is down 110.8% on the previous year and down 55.8% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Serbia peaked at -1.19 billion in 2016 and was at its lowest, -10.54 billion, in 2008.
That places Serbia 171st out of 198 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less) in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | -7.52 billion | — |
| 2008 | -10.54 billion | +40.0% |
| 2009 | -2.80 billion | -73.4% |
| 2010 | -2.69 billion | -3.8% |
| 2011 | -5.09 billion | +89.0% |
| 2012 | -4.73 billion | -7.1% |
| 2013 | -2.79 billion | -40.9% |
| 2014 | -2.63 billion | -5.7% |
| 2015 | -1.37 billion | -48.0% |
| 2016 | -1.19 billion | -13.1% |
| 2017 | -2.32 billion | +95.2% |
| 2018 | -2.46 billion | +5.9% |
| 2019 | -3.54 billion | +43.8% |
| 2020 | -2.18 billion | -38.4% |
| 2021 | -2.65 billion | +21.9% |
| 2022 | -4.46 billion | +67.9% |
| 2023 | -1.95 billion | -56.3% |
| 2024 | -4.10 billion | +110.8% |
Serbia compared with similar countries
- Serbia's -4.10 billion is below the median for upper middle income countries, which is -494.28 million, 8.3× the median. (54 countries reporting)
- Serbia's -4.10 billion is below the median for Europe & Central Asia, which is -449.44 million, 9.1× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -6.95 billion | -10.54 billion | -2.80 billion | 3 |
| 2010s | -2.88 billion | -5.09 billion | -1.19 billion | 10 |
| 2020s | -3.07 billion | -4.46 billion | -1.95 billion | 5 |
Countries ranked near Serbia
More financial sector data for Serbia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 9.8 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0005 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 7.15 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 9.8 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Serbia?
- Current account balance (credit less debit), net (credits less debits) in Serbia was -4.10 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Serbia?
- The highest recorded value was -1.19 billion in 2016.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Serbia?
- The lowest recorded value was -10.54 billion in 2008.
- How does Serbia rank for current account balance (credit less debit), net (credits less debits)?
- Serbia ranks 171st out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Serbia?
- Over the last ten years it is down 55.8%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.