Serbia P/E ratio

2010 - 2024 | Monthly | NA | CEIC Data

Key information about Serbia P/E ratio

  • Serbia BELEX15 recorded a monthly P/E ratio of 9.060 on Dec 2025, compared with 8.330 from the previous month.
  • Serbia BELEX15 P/E ratio is updated monthly, with historical data available from Jan 2010 to Oct 2024.
  • The P/E ratio reached an all-time high of 27.400 in Aug 2021 and a record low of 1.900 in Mar 2020.
  • Belgrade Stock Exchange provides monthly P/E Ratio.

In the latest reports, BELEX15 closed at 1,243.890 points in Nov 2025.

View Serbia's P/E ratio from Jan 2010 to Oct 2024 in the chart:

Serbia P/E ratio

What was Serbia's P/E ratio in Oct 2024?

Serbia BELEX15 recorded a monthly P/E ratio of 9.060 on Dec 2025, compared with 8.330 from the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
9.060 Oct 2024 8.330 Jun 2024 1.900 Mar 2020 27.400 Aug 2021 NA monthly Jan 2010 - Oct 2024

P/E ratio by Country Comparison

country/region Last Frequency Range
Bahrain (NA) 8.580 Apr 2026 monthly Jan 2004 - Apr 2026
Bangladesh (NA) 9.220 Apr 2026 monthly Nov 2000 - Apr 2026
Chile (NA) 13.040 Apr 2026 monthly Jan 2003 - Apr 2026
China (NA) 17.250 13 May 2026 daily 02 Apr 2001 - 13 May 2026
Czech Republic (NA) 60.850 Dec 2025 monthly Jan 2004 - Dec 2025
Egypt (NA) 15.080 Jan 2026 monthly Apr 2004 - Jan 2026
Hong Kong SAR, China (NA) 14.250 13 May 2026 daily 27 Apr 2000 - 13 May 2026
India (NA) 20.180 13 May 2026 daily 03 Dec 1988 - 13 May 2026
Indonesia (NA) 14.690 Apr 2026 monthly Jan 1992 - Apr 2026
Iran (NA) 7.860 Sep 2023 monthly Jan 2007 - Sep 2023
Italy (NA) 9.798 Jun 2022 monthly Dec 2010 - Jun 2022
Japan (NA) 24.400 Apr 2026 monthly Apr 2022 - Apr 2026
Jordan (NA) 11.725 13 May 2026 daily 01 Dec 1999 - 13 May 2026
South Korea (NA) 29.870 13 May 2026 daily 03 Apr 2000 - 13 May 2026
Malaysia (NA) 16.250 Apr 2026 monthly Jul 2009 - Apr 2026
Mauritius (NA) 6.450 2023 yearly 1989 - 2023
Nigeria (NA) 107.985 2021 yearly 2014 - 2021
Philippines (NA) 10.040 Mar 2026 monthly Oct 1994 - Mar 2026
Poland (NA) 15.500 30 Nov 2017 daily 23 Aug 2007 - 30 Nov 2017
Romania (NA) 14.660 Apr 2026 monthly Dec 2010 - Apr 2026
Saudi Arabia (NA) 17.779 13 May 2026 daily 02 Aug 2008 - 13 May 2026
Serbia (NA) 9.060 Oct 2024 monthly Jan 2010 - Oct 2024
Singapore (NA) 13.159 Jun 2022 monthly Apr 1998 - Jun 2022
South Africa (NA) 14.858 Sep 2019 monthly Apr 2013 - Sep 2019
Spain (NA) 16.277 Mar 2026 monthly Jun 1991 - Mar 2026
Sri Lanka (NA) 11.720 13 May 2026 daily 17 Aug 1998 - 13 May 2026
Taiwan, China (NA) 29.250 Apr 2026 monthly May 1989 - Apr 2026
Thailand (NA) 16.440 13 May 2026 daily 02 Jan 2003 - 13 May 2026
Tunisia (NA) 12.870 Apr 2026 monthly Sep 2007 - Apr 2026
Turkey (NA) 18.880 Apr 2026 monthly Jan 1986 - Apr 2026
United Kingdom (NA) 14.420 08 Jul 2022 daily 14 Jun 1993 - 08 Jul 2022

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Serbia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.4 Dec 2025 quarterly Dec 2005 - Dec 2025
Consolidated Fiscal Balance (USD mn) -481.765 Mar 2026 monthly Jan 2005 - Mar 2026
Tax Revenue (USD mn) 3,253.135 Mar 2026 monthly Jan 2005 - Mar 2026
Tax Revenue: % of GDP (%) 35.9 Dec 2025 quarterly Mar 2005 - Dec 2025
National Government Debt (USD mn) 45,324.3 Mar 2026 monthly Sep 2004 - Mar 2026
Government Debt: % of GDP (%) 44.4 Dec 2025 quarterly Sep 2004 - Dec 2025
Forecast: Government Expenditure (RSD bn) 6,665.784 2031 yearly 2000 - 2031
Forecast: Government Net Debt (RSD bn) 6,614.475 2031 yearly 2000 - 2031
Forecast: Government Revenue (RSD bn) 6,362.950 2031 yearly 2000 - 2031
Public Debt (EUR mn) 39,350.824 Mar 2026 monthly Dec 2000 - Mar 2026
Domestic Debt (EUR th) 10,743,621.345 Mar 2026 monthly Dec 2000 - Mar 2026
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.551 2028 yearly 2001 - 2028
Trade Balance (USD mn) -803.3 Mar 2026 monthly Jan 2001 - Mar 2026
Total Exports (USD mn) 3,918.1 Mar 2026 monthly Jan 2001 - Mar 2026
Total Exports Growth (%) 25.0 Mar 2026 monthly Jan 2002 - Mar 2026
Aluminum: Exports (USD th) 304,651.503 2024 yearly 2008 - 2024
Exports: Medicament (USD th) 362,929.595 2024 yearly 2008 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 25,968.289 2024 yearly 2008 - 2024
Total Imports (USD mn) 4,721.4 Mar 2026 monthly Jan 2001 - Mar 2026
Total Imports Growth (%) 15.0 Mar 2026 monthly Jan 2002 - Mar 2026
Imports: Medicament (USD th) 1,501,734.267 2024 yearly 2008 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 508,122.941 2024 yearly 2008 - 2024
Total Exports to USA (USD mn) 58.000 Mar 2026 monthly Jun 2003 - Mar 2026
Total Imports from USA (USD mn) 72.200 Mar 2026 monthly Jun 2003 - Mar 2026
Total Exports to China (USD mn) 280.000 Mar 2026 monthly Jun 2003 - Mar 2026
Total Imports from China (USD mn) 686.500 Mar 2026 monthly Jun 2003 - Mar 2026
Exports: ytd: CA 2010: Mfg: Basic Metals (USD mn) 932.400 Mar 2026 monthly Dec 2009 - Mar 2026
Exports: ytd: CA 2010: Mining (USD mn) 726.100 Mar 2026 monthly Dec 2009 - Mar 2026
Exports: ytd: CA 2010: Manufacturing (Mfg) (USD mn) 8,948.900 Mar 2026 monthly Dec 2009 - Mar 2026
Exports: ytd: CA 2010: Agriculture, Forestry & Fishing (AF) (USD mn) 293.900 Mar 2026 monthly Dec 2009 - Mar 2026
Exports: ytd: CA 2010: Electricity, Gas, Steam & Air Conditioning Supply (USD mn) 164.900 Mar 2026 monthly Dec 2009 - Mar 2026
Exports: ytd: Russian Federation (USD mn) 207.200 Mar 2026 monthly May 2003 - Mar 2026
Exports: ytd: Germany (USD mn) 1,528.200 Mar 2026 monthly May 2003 - Mar 2026
Exports: ytd: Bosnia & Herzegovina (USD mn) 546.100 Mar 2026 monthly May 2003 - Mar 2026
Exports: ytd: Italy (USD mn) 924.000 Mar 2026 monthly May 2003 - Mar 2026
Exports: ytd: Montenegro (USD mn) 356.600 Mar 2026 monthly May 2006 - Mar 2026
Imports: ytd: CA 2010: Agriculture, Forestry & Fishing (AF) (USD mn) 449.700 Mar 2026 monthly Dec 2009 - Mar 2026
Imports: ytd: CA 2010: Mining (USD mn) 811.300 Mar 2026 monthly Dec 2009 - Mar 2026
Imports: ytd: CA 2010: Electricity, Gas, Steam & Air Conditioning Supply (USD mn) 215.800 Mar 2026 monthly Dec 2009 - Mar 2026
Imports: ytd: CA 2010: Manufacturing (Mfg) (USD mn) 9,020.900 Mar 2026 monthly Dec 2009 - Mar 2026
Imports: ytd: Russian Federation (USD mn) 395.000 Mar 2026 monthly May 2003 - Mar 2026
Imports: ytd: Italy (USD mn) 824.900 Mar 2026 monthly May 2003 - Mar 2026
Imports: ytd: China (USD mn) 1,867.000 Mar 2026 monthly May 2003 - Mar 2026
Imports: ytd: Germany (USD mn) 1,421.000 Mar 2026 monthly May 2003 - Mar 2026
Imports: ytd: Hungary (USD mn) 541.700 Mar 2026 monthly May 2003 - Mar 2026
Export Value Index (2015=100) 232.200 2023 yearly 2008 - 2023
Import Value Index (2015=100) 212.900 2023 yearly 2008 - 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 50.4 Mar 2026 monthly Jan 2013 - Mar 2026
Current Account Balance (USD mn) -410.6 Mar 2026 monthly Jan 2013 - Mar 2026
Current Account Balance: % of GDP (%) -6.2 Dec 2025 quarterly Mar 2007 - Dec 2025
Foreign Direct Investment (USD mn) -22.7 Mar 2026 monthly Jan 2013 - Mar 2026
Foreign Direct Investment: % of GDP (%) 3.7 Dec 2025 quarterly Mar 2013 - Dec 2025
Foreign Portfolio Investment (USD mn) -143.246 Mar 2026 quarterly Mar 2007 - Mar 2026
Foreign Portfolio Investment: % of GDP (%) -0.1 Dec 2025 quarterly Mar 2007 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -0.0 Mar 2026 quarterly Mar 2007 - Mar 2026
Foreign Portfolio Investment: Debt Securities (USD mn) -143.244 Mar 2026 quarterly Mar 2007 - Mar 2026
External Debt (USD mn) 59,960.6 Dec 2025 quarterly Mar 2003 - Dec 2025
External Debt: % of GDP (%) 60.5 2024 yearly 2000 - 2024
External Debt: Short Term (USD mn) 2,273.4 Dec 2025 quarterly Mar 2003 - Dec 2025
External Debt: Short Term: % of GDP (%) 1.2 2024 yearly 2000 - 2024
Forecast: Current Account Balance (USD bn) -7.622 2031 yearly 1997 - 2031
Net International Investment Position (USD mn) -62,410.986 Dec 2025 quarterly Dec 2008 - Dec 2025
BoP: FA: PI: Assets (USD mn) 94.479 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: CA: SI: Credit (USD mn) 892.943 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: FA: PI: Liabilities (USD mn) -26.015 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: FA: Assets (USD mn) -318.952 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: CA: GS: Services: Debit (USD mn) 1,261.289 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: CA: Secondary Income (SI) (USD mn) 706.673 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: CA: GS: Goods: Credit (USD mn) 3,852.200 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: CA: GS: Goods (USD mn) -642.435 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: FA: Other Investment (OI) (USD mn) 147.590 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: CA: GS: Services (USD mn) 239.750 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: CA: PI: Debit (USD mn) 839.225 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: FA: Financial Derivatives (USD mn) -18.453 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: FA: OI: Liabilities (USD mn) 177.748 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: Capital Account (USD mn) 25.899 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: CA: Primary Income (PI) (USD mn) -714.561 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: FA: Liabilities (USD mn) 146.829 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: CA: PI: Credit (USD mn) 124.665 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: Capital Account: Debit (USD mn) 2.616 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: CA: Credit (USD mn) 6,370.846 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: CA: Debit (USD mn) 6,781.419 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: FA: Financial Derivatives: Liabilities (USD mn) 17.784 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: CA: SI: Debit (USD mn) 186.269 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: FA: OI: Assets (USD mn) 325.337 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: FA: Portfolio Investment (PI) (USD mn) 120.495 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: FA: Direct Investment (DI) (USD mn) 73.116 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: CA: GS: Services: Credit (USD mn) 1,501.039 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: Net Errors and Omissions (USD mn) -81.107 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: CA: GS: Goods: Debit (USD mn) 4,494.635 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: FA: Reserve Assets (USD mn) -788.528 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: Capital Account: Credit (USD mn) 28.515 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: Financial Account (FA) (USD mn) -465.781 Mar 2026 monthly Jan 2013 - Mar 2026
BoP: FA: Financial Derivatives: Assets (USD mn) -0.669 Mar 2026 monthly Jan 2013 - Mar 2026
International Investment Position (IIP): Net (EUR mn) -53,179.095 Dec 2025 quarterly Dec 2013 - Dec 2025
IIP: Assets (EUR mn) 53,395.543 Dec 2025 quarterly Dec 2013 - Dec 2025
IIP: Liabilities (EUR mn) 106,574.638 Dec 2025 quarterly Dec 2013 - Dec 2025
External Debt: Medium and Long Term (EUR mn) 49,154.092 Dec 2025 quarterly Mar 2012 - Dec 2025
External Debt: Medium and Long Term: Public Sector (EUR mn) 26,048.741 Dec 2025 quarterly Mar 2012 - Dec 2025
External Debt: Medium and Long Term: Private Sector (EUR mn) 23,105.351 Dec 2025 quarterly Mar 2012 - Dec 2025
External Debt: Short Term: Public Sector (EUR mn) 0.000 Dec 2025 quarterly Mar 2012 - Dec 2025
External Debt: Short Term: Private Sector (EUR mn) 1,937.089 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: FA: PI: Liabilities: Debt Securities (USD mn) -0.391 Mar 2019 monthly Jan 2013 - Mar 2019
BoP: FA: PI: Liabilities: Equity & Investment Fund Shares (USD mn) -0.758 Mar 2019 monthly Jan 2013 - Mar 2019
Direct Investment: Flow (EUR mn) 236.944 Dec 2025 quarterly Mar 2010 - Dec 2025
Direct Investment: Flow: Europe: Croatia (EUR mn) 9.053 Dec 2025 quarterly Mar 2010 - Dec 2025
Direct Investment: Flow: Europe: Italy (EUR mn) 10.983 Dec 2025 quarterly Mar 2010 - Dec 2025
Direct Investment: Flow: Europe: Austria (EUR mn) 5.002 Dec 2025 quarterly Mar 2010 - Dec 2025
Direct Investment: Flow: Europe: Slovenia (EUR mn) 4.612 Dec 2025 quarterly Mar 2010 - Dec 2025
Direct Investment: Flow: Europe: Switzerland (EUR mn) 2.038 Dec 2025 quarterly Mar 2010 - Dec 2025
Foreign Direct Investment: Flow (EUR mn) 898.145 Dec 2025 quarterly Mar 2010 - Dec 2025
Foreign Direct Investment: Flow: Europe: Croatia (EUR mn) 8.028 Dec 2025 quarterly Mar 2010 - Dec 2025
Foreign Direct Investment: Flow: Europe: Italy (EUR mn) 53.799 Dec 2025 quarterly Mar 2010 - Dec 2025
Foreign Direct Investment: Flow: Europe: Austria (EUR mn) -57.995 Dec 2025 quarterly Mar 2010 - Dec 2025
Foreign Direct Investment: Flow: Europe: Slovenia (EUR mn) 39.074 Dec 2025 quarterly Mar 2010 - Dec 2025
Foreign Direct Investment: Flow: Europe: Switzerland (EUR mn) -23.917 Dec 2025 quarterly Mar 2010 - Dec 2025
FDI: Flow: Net: NACE 2: Manufacturing (Mfg) (EUR mn) 169.657 Dec 2025 quarterly Mar 2010 - Dec 2025
FDI: Flow: Net: NACE 2: Wholesale and Retail Trade, Repair of Motor Vehicles and... (EUR mn) 48.498 Dec 2025 quarterly Mar 2010 - Dec 2025
FDI: Flow: Net: NACE 2: WR: Wholesale Trade, excl Motor Vehicles and Motorcycles (EUR mn) 33.674 Dec 2025 quarterly Mar 2010 - Dec 2025
FDI: Flow: Net: NACE 2: Information and Communication (IC) (EUR mn) 5.438 Dec 2025 quarterly Mar 2010 - Dec 2025
FDI: Flow: Net: NACE 2: FI: Financial Intermediation, excl Insurance and Pension... (EUR mn) 20.363 Dec 2025 quarterly Mar 2010 - Dec 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.1 Dec 2025 quarterly Sep 2008 - Dec 2025
Household Debt: % of GDP (%) 18.7 Dec 2025 quarterly Dec 2003 - Dec 2025
Non-Performing Loans (USD mn) 837.026 Dec 2024 quarterly Sep 2008 - Dec 2024
Money Supply M1 (USD mn) 20,208.290 Mar 2026 monthly Dec 2001 - Mar 2026
Money Supply M2 (USD mn) 27,066.373 Mar 2026 monthly Aug 2001 - Mar 2026
M2 Growth (%) 9.3 Mar 2026 monthly Aug 2002 - Mar 2026
Reserve Requirement Ratio (%) 7.0 Apr 2026 monthly Jan 2005 - Apr 2026
Foreign Exchange Reserves (USD mn) 24,801.5 Mar 2026 monthly Jan 2004 - Mar 2026
Foreign Exchange Reserves: % of GDP (%) 25.716 Dec 2025 quarterly Mar 2004 - Dec 2025
Foreign Exchange Reserves: Months of Import (NA) 5.3 Mar 2026 monthly Jan 2004 - Mar 2026
Gold Reserves (USD mn) 7,994.420 Mar 2026 monthly Dec 2000 - Mar 2026
Total Deposits (USD mn) 49,538.143 Mar 2026 monthly Aug 2001 - Mar 2026
Total Deposits Growth (%) 9.6 Mar 2026 monthly Aug 2002 - Mar 2026
Domestic Credit (USD mn) 43,264.6 Mar 2026 monthly Dec 2003 - Mar 2026
Domestic Credit Growth (%) 24.0 Mar 2026 monthly Dec 2004 - Mar 2026
Household Debt (USD mn) 19,692.6 Mar 2026 monthly Dec 2003 - Mar 2026
Total Loans (USD mn) 40,275.798 Mar 2026 monthly Aug 2001 - Mar 2026
Total Loans Growth (%) 17.09 Mar 2026 monthly Aug 2002 - Mar 2026
Private Debt: % of Nominal GDP (%) 35.36 Dec 2025 quarterly Mar 2004 - Dec 2025
Foreign Currency Reserves (EUR mn) 21,532.842 Mar 2026 monthly Jan 2004 - Mar 2026
Money Supply M3 (RSD mn) 5,524,133.671 Mar 2026 monthly Aug 2001 - Mar 2026
Banks Loans (RSD mn) 4,174,623.674 Mar 2026 monthly Aug 2001 - Mar 2026
Banks Claims: Foreign Currency: Credit (RSD mn) 2,496,754.198 Mar 2026 monthly Jul 2008 - Mar 2026
Banks Deposits (RSD mn) 5,070,957.137 Mar 2026 monthly Aug 2001 - Mar 2026
Gross Non Performing Loans (NPLs) (RSD bn) 94.114 Dec 2024 quarterly Sep 2008 - Dec 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -0.4 Mar 2026 monthly May 2014 - Mar 2026

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