Private credit by deposit money banks to GDP in Serbia
Serbia: Private credit by deposit money banks to GDP was 43.4% in 2021. ▲ Rising
Private credit by deposit money banks to GDP in Serbia, 1997–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for private credit by deposit money banks to gdp in Serbia is 43.4%, measured 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 to gdp in Serbia peaked at 47.1% in 2010 and was at its lowest, 15.2%, in 2002.
That places Serbia 99th out of 187 countries with data for 2021, putting it 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 to GDP 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 49.7%, 87% 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
- 96 Poland 46.4% compare
- 97 Saint Vincent and the Grenadines 46.2% compare
- 98 Trinidad and Tobago 46.1% compare
- 100 Slovenia 41.1% compare
- 101 Venezuela, Bolivarian Republic of 39.5% compare
- 102 Seychelles 39.0% 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 private credit by deposit money banks to gdp in Serbia?
- Private credit by deposit money banks to gdp 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 to gdp recorded in Serbia?
- The highest recorded value was 47.1% in 2010.
- What is the lowest private credit by deposit money banks to gdp recorded in Serbia?
- The lowest recorded value was 15.2% in 2002.
- How does Serbia rank for private credit by deposit money banks to gdp?
- Serbia ranks 99th out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp 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 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 (IFS line 22d); 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).