Private credit by deposit money banks and other financial in Serbia
Serbia: Private credit by deposit money banks and other financial was 43.4% in 2021. ▲ Rising
Private credit by deposit money banks and other financial in Serbia, 1997–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Serbia recorded 43.4% for private credit by deposit money banks and other financial in 2021.
That represents a change of down 4.5% on the previous year and down 3.1% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Serbia peaked at 47.1% in 2010 and was at its lowest, 15.2%, in 2002.
Serbia ranks 100th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Private credit by deposit money banks and other financial in Serbia, year by year
| Year | % | Change |
|---|---|---|
| 1997 | 20.7% | — |
| 1998 | 22.9% | +10.4% |
| 1999 | 26.2% | +14.3% |
| 2000 | 43.4% | +66.0% |
| 2001 | 29.7% | -31.6% |
| 2002 | 15.2% | -48.7% |
| 2003 | 16.7% | +9.9% |
| 2004 | 20.8% | +24.0% |
| 2005 | 26.4% | +27.1% |
| 2006 | 26.2% | -0.7% |
| 2007 | 31.7% | +21.1% |
| 2008 | 36.8% | +15.9% |
| 2009 | 40.1% | +9.0% |
| 2010 | 47.1% | +17.5% |
| 2011 | 44.8% | -4.8% |
| 2012 | 46.5% | +3.8% |
| 2013 | 40.9% | -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% | +8.3% |
| 2021 | 43.4% | -4.5% |
Serbia compared with similar countries
- Serbia's 43.4% is below the median for upper middle income countries, which is 50.2%, 86% of the median. (55 countries reporting)
- Serbia's 43.4% is below the median for Europe & Central Asia, which is 56.3%, 77% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.3% | 20.7% | 26.2% | 3 |
| 2000s | 28.7% | 15.2% | 43.4% | 10 |
| 2010s | 42.5% | 40.3% | 47.1% | 10 |
| 2020s | 44.4% | 43.4% | 45.5% | 2 |
Countries ranked near Serbia
More financial sector data for Serbia
- Net domestic credit (current LCU), per capita 648,933 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 42.52 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 20.17 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 59.09 million SDR (2025)
- Gold reserves at market value 5.38 billion SDR (2025)
- Reserves excluding gold, foreign exchange 19.50 billion SDR (2025)
- Reserves excluding gold 19.55 billion SDR (2025)
- Total reserves (gold at market value) 24.94 billion SDR (2025)
- Total reserves (gold at national valuation) 24.86 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 3,796 SDR per person (2025)
Frequently asked questions
- What is private credit by deposit money banks and other financial in Serbia?
- Private credit by deposit money banks and other financial in Serbia was 43.4% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks and other financial recorded in Serbia?
- The highest recorded value was 47.1% in 2010.
- What is the lowest private credit by deposit money banks and other financial recorded in Serbia?
- The lowest recorded value was 15.2% in 2002.
- How does Serbia rank for private credit by deposit money banks and other financial?
- Serbia ranks 100th out of 187 countries with data for 2021.
- Is private credit by deposit money banks and other financial rising or falling in Serbia?
- Over the last ten years it is down 3.1%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF)