Goods balance (credit less debit), Net (credits less debits) (US) in Serbia
Serbia: Goods balance (credit less debit), Net (credits less debits) (US) was -7.40 billion in 2024. ▲ Rising
Goods balance (credit less debit), Net (credits less debits) in Serbia, 2007–2024
Source: International Monetary Fund.
Analysis
In 2024, goods balance (credit less debit), net (credits less debits) in Serbia stood at -7.40 billion.
Compared with earlier readings it is down 3.3% on the previous year and down 35.8% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Serbia peaked at -3.45 billion in 2016 and was at its lowest, -12.50 billion, in 2008.
Serbia ranks 165th of 198 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Goods balance (credit less debit), Net (credits less debits) (US) in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | -9.79 billion | — |
| 2008 | -12.50 billion | +27.7% |
| 2009 | -7.05 billion | -43.6% |
| 2010 | -6.25 billion | -11.3% |
| 2011 | -7.63 billion | +22.0% |
| 2012 | -7.25 billion | -5.0% |
| 2013 | -5.53 billion | -23.8% |
| 2014 | -5.45 billion | -1.4% |
| 2015 | -4.04 billion | -25.8% |
| 2016 | -3.45 billion | -14.6% |
| 2017 | -4.53 billion | +31.4% |
| 2018 | -5.98 billion | +32.0% |
| 2019 | -6.29 billion | +5.1% |
| 2020 | -5.94 billion | -5.5% |
| 2021 | -7.09 billion | +19.4% |
| 2022 | -9.91 billion | +39.7% |
| 2023 | -7.16 billion | -27.8% |
| 2024 | -7.40 billion | +3.3% |
Serbia compared with similar countries
- Serbia's -7.40 billion is below the median for upper middle income countries, which is -778.45 million, 9.5× the median. (54 countries reporting)
- Serbia's -7.40 billion is below the median for Europe & Central Asia, which is -3.17 billion, 2.3× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -9.78 billion | -12.50 billion | -7.05 billion | 3 |
| 2010s | -5.64 billion | -7.63 billion | -3.45 billion | 10 |
| 2020s | -7.50 billion | -9.91 billion | -5.94 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 goods balance (credit less debit), net (credits less debits) in Serbia?
- Goods balance (credit less debit), net (credits less debits) in Serbia was -7.40 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Serbia?
- The highest recorded value was -3.45 billion in 2016.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Serbia?
- The lowest recorded value was -12.50 billion in 2008.
- How does Serbia rank for goods balance (credit less debit), net (credits less debits)?
- Serbia ranks 165th out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Serbia?
- Over the last ten years it is down 35.8%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from International Monetary Fund, published as part of Goods 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.