Domestic credit to private sector in Serbia
Serbia: Domestic credit to private sector was 45.5% in 2020. ▲ Rising
Domestic credit to private sector in Serbia, 1997–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
Serbia recorded 45.5% for domestic credit to private sector in 2020.
Compared with earlier readings it is up 8.4% on the previous year and down 3.5% over ten years.
Over the whole period, domestic credit to private sector in Serbia peaked at 47.2% in 2010 and was at its lowest, 15.2%, in 2002.
That places Serbia 100th out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Domestic credit to private sector in Serbia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1997 | 20.7% | — |
| 1998 | 22.9% | +10.4% |
| 1999 | 26.2% | +14.4% |
| 2000 | 43.5% | +66.1% |
| 2001 | 29.7% | -31.7% |
| 2002 | 15.2% | -48.7% |
| 2003 | 16.8% | +10.0% |
| 2004 | 20.8% | +24.0% |
| 2005 | 26.4% | +27.2% |
| 2006 | 26.3% | -0.6% |
| 2007 | 31.8% | +21.1% |
| 2008 | 36.8% | +15.8% |
| 2009 | 40.2% | +9.1% |
| 2010 | 47.2% | +17.5% |
| 2011 | 44.9% | -4.9% |
| 2012 | 46.6% | +3.8% |
| 2013 | 41.0% | -12.0% |
| 2014 | 40.8% | -0.4% |
| 2015 | 40.6% | -0.4% |
| 2016 | 40.9% | +0.6% |
| 2017 | 40.3% | -1.5% |
| 2018 | 41.4% | +2.8% |
| 2019 | 42.0% | +1.4% |
| 2020 | 45.5% | +8.4% |
Serbia compared with similar countries
- Serbia's 45.5% is below the median for upper middle income countries, which is 52.0%, 87% of the median. (55 countries reporting)
- Serbia's 45.5% is below the median for Europe & Central Asia, which is 59.9%, 76% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Domestic credit to private sector 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 | +66.1% | 26.2% | 43.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.3% | 20.7% | 26.2% | 3 |
| 2000s | 28.7% | 15.2% | 43.5% | 10 |
| 2010s | 42.6% | 40.3% | 47.2% | 10 |
| 2020s | 45.5% | 45.5% | 45.5% | 1 |
Countries ranked near Serbia
- 97 Saint Vincent and the Grenadines 47.1% compare
- 98 Seychelles 46.8% compare
- 99 Mongolia 45.8% compare
- 101 Trinidad and Tobago 45.4% compare
- 102 Slovenia 43.4% compare
- 103 Botswana 39.8% compare
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 in Serbia?
- Domestic credit to private sector in Serbia was 45.5% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Serbia?
- The highest recorded value was 47.2% in 2010.
- What is the lowest domestic credit to private sector recorded in Serbia?
- The lowest recorded value was 15.2% in 2002.
- How does Serbia rank for domestic credit to private sector?
- Serbia ranks 100th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Serbia?
- Over the last ten years it is down 3.5%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, 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.