Domestic credit to private sector by banks in Serbia
Serbia: Domestic credit to private sector by banks was 35.4% in 2025. ▲ Rising
Domestic credit to private sector by banks in Serbia, 1997–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, domestic credit to private sector by banks in Serbia stood at 35.4%.
That represents a change of up 8.4% on the previous year and down 9.4% over ten years.
Over the whole period, domestic credit to private sector by banks in Serbia peaked at 45.2% in 2010 and was at its lowest, 14.5%, in 2002.
That places Serbia 102nd out of 187 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Domestic credit to private sector by banks in Serbia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1997 | 19.6% | — |
| 1998 | 21.2% | +8.2% |
| 1999 | 24.3% | +14.6% |
| 2000 | 40.8% | +67.8% |
| 2001 | 28.3% | -30.6% |
| 2002 | 14.5% | -48.6% |
| 2003 | 16.0% | +9.7% |
| 2004 | 20.2% | +26.7% |
| 2005 | 25.8% | +27.6% |
| 2006 | 25.6% | -0.9% |
| 2007 | 30.5% | +19.4% |
| 2008 | 35.4% | +15.9% |
| 2009 | 38.5% | +8.9% |
| 2010 | 45.2% | +17.3% |
| 2011 | 43.1% | -4.8% |
| 2012 | 44.7% | +3.7% |
| 2013 | 39.3% | -12.1% |
| 2014 | 39.1% | -0.5% |
| 2015 | 39.0% | -0.2% |
| 2016 | 39.4% | +1.0% |
| 2017 | 38.7% | -1.7% |
| 2018 | 39.7% | +2.6% |
| 2019 | 40.2% | +1.1% |
| 2020 | 43.4% | +8.1% |
| 2021 | 41.4% | -4.6% |
| 2022 | 38.3% | -7.3% |
| 2023 | 33.0% | -13.9% |
| 2024 | 32.6% | -1.2% |
| 2025 | 35.4% | +8.4% |
Serbia compared with similar countries
- Serbia's 35.4% is below the median for upper middle income countries, which is 39.8%, 89% of the median. (55 countries reporting)
- Serbia's 35.4% is below the median for Europe & Central Asia, which is 52.1%, 68% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Domestic credit to private sector by banks in Serbia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +67.8% | 24.3% | 40.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.7% | 19.6% | 24.3% | 3 |
| 2000s | 27.6% | 14.5% | 40.8% | 10 |
| 2010s | 40.8% | 38.7% | 45.2% | 10 |
| 2020s | 37.3% | 32.6% | 43.4% | 6 |
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 domestic credit to private sector by banks in Serbia?
- Domestic credit to private sector by banks in Serbia was 35.4% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Serbia?
- The highest recorded value was 45.2% in 2010.
- What is the lowest domestic credit to private sector by banks recorded in Serbia?
- The lowest recorded value was 14.5% in 2002.
- How does Serbia rank for domestic credit to private sector by banks?
- Serbia ranks 102nd out of 187 countries with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Serbia?
- Over the last ten years it is down 9.4%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.