Serbia External Debt: % of GDP

2000 - 2022 | Yearly | % | CEIC Data

Key information about Serbia External Debt: % of GDP

  • Serbia External Debt accounted for 69.4 % of the country's Nominal GDP in 2022, compared with the ratio of 68.5 % in the previous year.
  • Serbia External Debt: % of Nominal GDP data is updated yearly, available from Dec 2000 to Dec 2022.
  • The data reached an all-time high of 135.0 % in Dec 2000 and a record low of 48.3 % in Dec 2004.

The National Bank of Serbia provides annual External Debt as % of Nominal GDP.


Related information about Serbia External Debt: % of GDP

  • In the latest reports of Serbia, Current Account recorded a surplus of 112.6 USD mn in Apr 2023.
  • Foreign Direct Investment (FDI) increased by 465.1 USD mn in Apr 2023.
  • Serbia Direct Investment Abroad expanded by 7.4 USD mn in Apr 2023.
  • Its Foreign Portfolio Investment increased by 1.3 USD bn in Mar 2023.
  • The country's External Debt reached 47,377.5 in Mar 2023.
  • The country's Nominal GDP was reported at 16.1 USD bn in Mar 2023.

View Serbia's External Debt: % of GDP from 2000 to 2022 in the chart:

Serbia External Debt: % of GDP

What was Serbia's External Debt: % of GDP in 2022?

Serbia External Debt accounted for 69.4 % of the country's Nominal GDP in 2022, compared with the ratio of 68.5 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
69.4 2022 68.5 2021 48.3 2004 135.0 2000 % yearly 2000 - 2022

External Debt: % of GDP by Country Comparison

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Includes External Debt: % of GDP on 109 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 54.1 2022 yearly 1991 - 2022
Algeria (%) 1.8 2022 yearly 1970 - 2022
Argentina (%) 45.4 2023 yearly 1994 - 2023
Armenia (%) 63.9 2023 yearly 2000 - 2023
Australia (%) 109.4 2023 yearly 1988 - 2023
Austria (%) 131.7 2022 yearly 1997 - 2022
Azerbaijan (%) 14.9 Dec 2021 quarterly Dec 2001 - Dec 2021
Bangladesh (%) 11.4 2017 yearly 1997 - 2017
Belarus (%) 51.4 Dec 2023 quarterly Dec 2000 - Dec 2023
Belgium (%) 237.7 2023 yearly 2007 - 2023
Bolivia (%) 35.3 2022 yearly 2006 - 2022
Bosnia and Herzegovina (%) 18.2 2023 yearly 1999 - 2023
Botswana (%) 7.3 2023 yearly 1995 - 2023
Brazil (%) 27.9 2023 yearly 1992 - 2023
Bulgaria (%) 48.3 2023 yearly 1999 - 2023
Cambodia (%) 75.6 2022 yearly 2010 - 2022
Canada (%) 134.9 2022 yearly 1990 - 2022
Chile (%) 71.7 2023 yearly 1971 - 2023
China (%) 13.7 2023 yearly 1985 - 2023
Colombia (%) 53.7 2023 yearly 1970 - 2023
Croatia (%) 73.9 2022 yearly 1998 - 2022
Cyprus (%) 609.6 2022 yearly 2004 - 2022
Czech Republic (%) 62.9 2023 yearly 1995 - 2023
Denmark (%) 130.7 2023 yearly 2005 - 2023
Ecuador (%) 49.0 2023 yearly 1970 - 2023
Egypt (%) 40.5 Jun 2023 quarterly Jun 1999 - Jun 2023
Estonia (%) 90.2 2023 yearly 1996 - 2023
European Union (%) 117.3 2022 yearly 2008 - 2022
Finland (%) 215.1 2023 yearly 1991 - 2023
France (%) 245.8 2022 yearly 2004 - 2022
Georgia (%) 94.2 2022 yearly 1999 - 2022
Germany (%) 148.2 2023 yearly 1999 - 2023
Ghana (%) 39.0 2022 yearly 1999 - 2022
Greece (%) 250.9 2023 yearly 2003 - 2023
Hong Kong SAR, China (%) 480.1 2023 yearly 2001 - 2023
Hungary (%) 129.3 2023 yearly 2006 - 2023
Iceland (%) 71.6 2023 yearly 1989 - 2023
India (%) 18.9 2023 yearly 1970 - 2023
Indonesia (%) 29.7 2023 yearly 2003 - 2023
Iran (%) 0.3 2023 yearly 1994 - 2023
Ireland (%) 563.9 2023 yearly 2002 - 2023
Israel (%) 30.5 2023 yearly 1998 - 2023
Italy (%) 129.0 2022 yearly 2002 - 2022
Ivory Coast (%) 31.4 2021 yearly 1994 - 2021
Japan (%) 106.9 2023 yearly 2003 - 2023
Jordan (%) 80.0 2022 yearly 1970 - 2022
Kazakhstan (%) 62.5 Dec 2023 quarterly Mar 2002 - Dec 2023
Kenya (%) 35.0 2022 yearly 2006 - 2022
South Korea (%) 38.8 2023 yearly 1994 - 2023
Kosovo (%) 38.4 2022 yearly 2007 - 2022
Kuwait (%) 35.3 2022 yearly 2014 - 2022
Kyrgyzstan (%) 80.3 2022 yearly 2003 - 2022
Laos (%) 68.0 2022 yearly 1996 - 2022
Latvia (%) 98.6 Dec 2023 quarterly Mar 2000 - Dec 2023
Lebanon (%) 53.0 2020 yearly 2007 - 2020
Lithuania (%) 68.4 2023 yearly 1996 - 2023
Luxembourg (%) 4,321.4 2023 yearly 2002 - 2023
North Macedonia (%) 83.7 2022 yearly 2004 - 2022
Malawi (%) 60.1 2021 yearly 2006 - 2021
Malaysia (%) 68.2 2023 yearly 2009 - 2023
Malta (%) 971.6 2022 yearly 2004 - 2022
Mauritius (%) 1,322.0 2023 yearly 2009 - 2023
Mexico (%) 33.3 2023 yearly 2002 - 2023
Moldova (%) 65.2 2022 yearly 2000 - 2022
Mongolia (%) 174.0 2023 yearly 1992 - 2023
Montenegro (%) 141.5 2022 yearly 2006 - 2022
Morocco (%) 50.9 2022 yearly 1970 - 2022
Mozambique (%) 71.7 2020 yearly 1985 - 2020
Myanmar (%) 16.7 2020 yearly 2018 - 2020
Nepal (%) 17.3 2016 yearly 2001 - 2016
Netherlands (%) 338.5 2023 yearly 2003 - 2023
New Zealand (%) 87.1 2023 yearly 1993 - 2023
Nigeria (%) 11.9 2023 yearly 1985 - 2023
Norway (%) 152.5 2023 yearly 2003 - 2023
Pakistan (%) 37.2 2023 yearly 2000 - 2023
Palestinian Territory (%) 11.4 2022 yearly 2012 - 2022
Panama (%) 167.4 2021 yearly 2014 - 2021
Paraguay (%) 55.7 2023 yearly 2000 - 2023
Peru (%) 41.8 2022 yearly 1980 - 2022
Philippines (%) 28.7 2023 yearly 1990 - 2023
Poland (%) 49.5 2023 yearly 1995 - 2023
Portugal (%) 166.0 2022 yearly 1996 - 2022
Qatar (%) 106.1 2018 yearly 2000 - 2018
Romania (%) 52.6 2023 yearly 1995 - 2023
Russia (%) 15.7 2023 yearly 1993 - 2023
Serbia (%) 69.4 2022 yearly 2000 - 2022
Singapore (%) 391.1 2023 yearly 2003 - 2023
Slovakia (%) 96.5 2023 yearly 1995 - 2023
Slovenia (%) 91.8 2023 yearly 2001 - 2023
South Africa (%) 41.8 2023 yearly 1985 - 2023
Spain (%) 165.5 2023 yearly 1995 - 2023
Sri Lanka (%) 75.0 2022 yearly 1998 - 2022
Sudan (%) 202.2 2021 yearly 2001 - 2021
Sweden (%) 166.4 2023 yearly 1997 - 2023
Switzerland (%) 241.1 2023 yearly 1999 - 2023
Taiwan (%) 27.3 2023 yearly 1999 - 2023
Tajikistan (%) 37.7 2021 yearly 2000 - 2021
Thailand (%) 38.4 Dec 2023 quarterly Mar 2005 - Dec 2023
Tunisia (%) 92.1 2022 yearly 2002 - 2022
Turkey (%) 45.6 2023 yearly 1989 - 2023

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Serbia Key Series

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Includes 249 key indicators for Serbia, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.2 Dec 2023 quarterly Dec 2005 - Dec 2023
Consolidated Fiscal Balance (USD mn) -154.202 Feb 2024 monthly Jan 2005 - Feb 2024
Tax Revenue (USD mn) 2,542.523 Feb 2024 monthly Jan 2005 - Feb 2024
Tax Revenue: % of GDP (%) 41.7 Jun 2023 quarterly Mar 2005 - Jun 2023
National Government Debt (USD mn) 39,363.5 Feb 2024 monthly Sep 2004 - Feb 2024
Government Debt: % of GDP (%) 52.0 Dec 2023 quarterly Sep 2004 - Dec 2023
Forecast: Government Expenditure (RSD bn) 5,206.920 2028 yearly 2000 - 2028
Forecast: Government Net Debt (RSD bn) 4,979.220 2028 yearly 2000 - 2028
Forecast: Government Revenue (RSD bn) 5,070.000 2028 yearly 2000 - 2028
Public Debt (EUR mn) 36,424.096 Feb 2024 monthly Dec 2000 - Feb 2024
Domestic Debt (EUR th) 10,342,196.333 Feb 2024 monthly Dec 2000 - Feb 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.551 2028 yearly 2001 - 2028
Trade Balance (USD mn) -769.3 Feb 2024 monthly Jan 2001 - Feb 2024
Total Exports (USD mn) 2,695.7 Feb 2024 monthly Jan 2001 - Feb 2024
Total Exports Growth (%) 7.0 Feb 2024 monthly Jan 2002 - Feb 2024
Aluminum: Exports (USD th) 356,165.130 2022 yearly 2008 - 2022
Exports: Medicament (USD th) 362,059.279 2022 yearly 2008 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 17,612.919 2022 yearly 2008 - 2022
Total Imports (USD mn) 3,465.0 Feb 2024 monthly Jan 2001 - Feb 2024
Total Imports Growth (%) 4.7 Feb 2024 monthly Jan 2002 - Feb 2024
Imports: Medicament (USD th) 1,299,487.076 2022 yearly 2008 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 295,946.801 2022 yearly 2008 - 2022
Total Exports to USA (USD mn) 52.600 Feb 2024 monthly Jun 2003 - Feb 2024
Total Imports from USA (USD mn) 71.300 Feb 2024 monthly Jun 2003 - Feb 2024
Total Exports to China (USD mn) 161.000 Feb 2024 monthly Jun 2003 - Feb 2024
Total Imports from China (USD mn) 367.100 Feb 2024 monthly Jun 2003 - Feb 2024
Exports: ytd: CA 2010: Mining (USD mn) 245.600 Feb 2024 monthly Dec 2009 - Feb 2024
Exports: ytd: CA 2010: Manufacturing (Mfg) (USD mn) 4,441.900 Feb 2024 monthly Dec 2009 - Feb 2024
Exports: ytd: CA 2010: Electricity, Gas, Steam & Air Conditioning Supply (USD mn) 120.300 Feb 2024 monthly Dec 2009 - Feb 2024
Exports: ytd: CA 2010: Agriculture, Forestry & Fishing (AF) (USD mn) 219.700 Feb 2024 monthly Dec 2009 - Feb 2024
Exports: ytd: CA 2010: Mfg: Basic Metals (USD mn) 427.000 Feb 2024 monthly Dec 2009 - Feb 2024
Exports: ytd: Italy (USD mn) 313.300 Feb 2024 monthly May 2003 - Feb 2024
Exports: ytd: Germany (USD mn) 788.400 Feb 2024 monthly May 2003 - Feb 2024
Imports: ytd: Hungary (USD mn) 455.800 Feb 2024 monthly May 2003 - Feb 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 107.2 Jan 2024 monthly Jan 2013 - Jan 2024
Current Account Balance (USD mn) 139.7 Jan 2024 monthly Jan 2013 - Jan 2024
Current Account Balance: % of GDP (%) -5.5 Dec 2023 quarterly Mar 2007 - Dec 2023
Foreign Direct Investment (USD mn) 597.1 Jan 2024 monthly Jan 2013 - Jan 2024
Foreign Direct Investment: % of GDP (%) 5.8 Sep 2023 quarterly Mar 2013 - Sep 2023
Foreign Portfolio Investment (USD mn) -67.636 Sep 2023 quarterly Mar 2007 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) -0.3 Sep 2023 quarterly Mar 2007 - Sep 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -0.8 Sep 2023 quarterly Mar 2007 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -66.806 Sep 2023 quarterly Mar 2007 - Sep 2023
External Debt (USD mn) 50,196.9 Dec 2023 quarterly Mar 2003 - Dec 2023
External Debt: % of GDP (%) 69.4 2022 yearly 2000 - 2022
External Debt: Short Term (USD mn) 969.1 Dec 2023 quarterly Mar 2003 - Dec 2023
External Debt: Short Term: % of GDP (%) 4.0 2022 yearly 2000 - 2022
Forecast: Current Account Balance (USD bn) -4.538 2028 yearly 1998 - 2028
Net International Investment Position (USD mn) -55,337.891 Dec 2023 quarterly Dec 2008 - Dec 2023
BoP: FA: PI: Assets (USD mn) 89.285 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: FA: PI: Liabilities (USD mn) 38.426 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: CA: SI: Credit (USD mn) 495.361 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: FA: Assets (USD mn) 812.593 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: FA: Other Investment (OI) (USD mn) 672.179 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: CA: GS: Services (USD mn) 370.891 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: CA: PI: Debit (USD mn) 269.048 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: CA: GS: Services: Debit (USD mn) 864.843 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: FA: Liabilities (USD mn) 598.181 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: CA: Secondary Income (SI) (USD mn) 396.569 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: FA: Financial Derivatives (USD mn) -0.432 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: CA: GS: Goods (USD mn) -467.348 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: CA: GS: Goods: Credit (USD mn) 2,263.885 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: CA: Debit (USD mn) 3,963.917 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: FA: OI: Liabilities (USD mn) -37.805 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: Capital Account: Debit (USD mn) 7.491 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: Capital Account (USD mn) 14.726 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: CA: Credit (USD mn) 4,103.614 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: CA: PI: Credit (USD mn) 108.633 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: FA: Portfolio Investment (PI) (USD mn) 50.859 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: CA: SI: Debit (USD mn) 98.792 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: FA: OI: Assets (USD mn) 634.374 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: CA: GS: Services: Credit (USD mn) 1,235.734 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: CA: Primary Income (PI) (USD mn) -160.415 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: Net Errors and Omissions (USD mn) 59.989 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: FA: Direct Investment (DI) (USD mn) -489.906 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: CA: GS: Goods: Debit (USD mn) 2,731.234 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: Capital Account: Credit (USD mn) 22.217 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: FA: Financial Derivatives: Liabilities (USD mn) 0.476 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: Financial Account (FA) (USD mn) 214.412 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: FA: Reserve Assets (USD mn) -18.289 Jan 2024 monthly Jan 2013 - Jan 2024
BoP: FA: Financial Derivatives: Assets (USD mn) 0.045 Jan 2024 monthly Jan 2013 - Jan 2024
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
International Investment Position (IIP): Net (EUR mn) -50,025.213 Dec 2023 quarterly Dec 2013 - Dec 2023
IIP: Assets (EUR mn) 44,806.444 Dec 2023 quarterly Dec 2013 - Dec 2023
IIP: Liabilities (EUR mn) 94,831.657 Dec 2023 quarterly Dec 2013 - Dec 2023
External Debt: Medium and Long Term (EUR mn) 44,501.660 Dec 2023 quarterly Mar 2012 - Dec 2023
External Debt: Medium and Long Term: Public Sector (EUR mn) 24,706.103 Dec 2023 quarterly Mar 2012 - Dec 2023
External Debt: Medium and Long Term: Private Sector (EUR mn) 19,795.557 Dec 2023 quarterly Mar 2012 - Dec 2023
External Debt: Short Term: Public Sector (EUR mn) 0.000 Dec 2023 quarterly Mar 2012 - Dec 2023
External Debt: Short Term: Private Sector (EUR mn) 876.091 Dec 2023 quarterly Mar 2012 - Dec 2023
Foreign Direct Investment: Flow (EUR mn) 1,297.625 Dec 2023 quarterly Mar 2010 - Dec 2023
Foreign Direct Investment: Flow: Europe: Croatia (EUR mn) 1.060 Dec 2023 quarterly Mar 2010 - Dec 2023
Foreign Direct Investment: Flow: Europe: Italy (EUR mn) 34.976 Dec 2023 quarterly Mar 2010 - Dec 2023
Foreign Direct Investment: Flow: Europe: Austria (EUR mn) 92.636 Dec 2023 quarterly Mar 2010 - Dec 2023
Foreign Direct Investment: Flow: Europe: Slovenia (EUR mn) 84.284 Dec 2023 quarterly Mar 2010 - Dec 2023
Foreign Direct Investment: Flow: Europe: Switzerland (EUR mn) 61.339 Dec 2023 quarterly Mar 2010 - Dec 2023
FDI: Flow: Net: NACE 2: Manufacturing (Mfg) (EUR mn) 240.945 Dec 2023 quarterly Mar 2010 - Dec 2023
FDI: Flow: Net: NACE 2: Wholesale and Retail Trade, Repair of Motor Vehicles and... (EUR mn) 218.915 Dec 2023 quarterly Mar 2010 - Dec 2023
FDI: Flow: Net: NACE 2: WR: Wholesale Trade, excl Motor Vehicles and Motorcycles (EUR mn) 201.482 Dec 2023 quarterly Mar 2010 - Dec 2023
FDI: Flow: Net: NACE 2: Information and Communication (IC) (EUR mn) -11.311 Dec 2023 quarterly Mar 2010 - Dec 2023
FDI: Flow: Net: NACE 2: FI: Financial Intermediation, excl Insurance and Pension... (EUR mn) -50.934 Dec 2023 quarterly Mar 2010 - Dec 2023
Direct Investment: Flow (EUR mn) 69.527 Dec 2023 quarterly Mar 2010 - Dec 2023
Direct Investment: Flow: Europe: Croatia (EUR mn) -13.033 Dec 2023 quarterly Mar 2010 - Dec 2023
Direct Investment: Flow: Europe: Italy (EUR mn) 7.514 Dec 2023 quarterly Mar 2010 - Dec 2023
Direct Investment: Flow: Europe: Austria (EUR mn) -0.143 Dec 2023 quarterly Mar 2010 - Dec 2023
Direct Investment: Flow: Europe: Slovenia (EUR mn) 14.941 Dec 2023 quarterly Mar 2010 - Dec 2023
Direct Investment: Flow: Europe: Switzerland (EUR mn) -0.583 Dec 2023 quarterly Mar 2010 - Dec 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.2 Dec 2023 quarterly Sep 2008 - Dec 2023
Household Debt: % of GDP (%) 18.1 Dec 2023 quarterly Dec 2003 - Dec 2023
Non-Performing Loans (USD mn) 966.617 Dec 2019 quarterly Sep 2008 - Dec 2019
Money Supply M1 (USD mn) 15,157.381 Feb 2024 monthly Dec 2001 - Feb 2024
Money Supply M2 (USD mn) 20,007.824 Feb 2024 monthly Aug 2001 - Feb 2024
M2 Growth (%) 15.2 Feb 2024 monthly Aug 2002 - Feb 2024
Reserve Requirement Ratio (%) 7.0 Feb 2024 monthly Jan 2005 - Feb 2024
Foreign Exchange Reserves (USD mn) 24,376.8 Feb 2024 monthly Jan 2004 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 30.614 Mar 2023 quarterly Mar 2004 - Mar 2023
Foreign Exchange Reserves: Months of Import (NA) 7.0 Feb 2024 monthly Jan 2004 - Feb 2024
Gold Reserves (USD mn) 2,660.688 Feb 2024 monthly Dec 2000 - Feb 2024
Total Deposits (USD mn) 38,190.337 Feb 2024 monthly Aug 2001 - Feb 2024
Total Deposits Growth (%) 11.0 Feb 2024 monthly Aug 2002 - Feb 2024
Domestic Credit (USD mn) 28,916.8 Feb 2024 monthly Dec 2003 - Feb 2024
Domestic Credit Growth (%) -3.0 Feb 2024 monthly Dec 2004 - Feb 2024
Household Debt (USD mn) 13,710.3 Feb 2024 monthly Dec 2003 - Feb 2024
Total Loans (USD mn) 29,208.106 Feb 2024 monthly Aug 2001 - Feb 2024
Total Loans Growth (%) 0.51 Feb 2024 monthly Aug 2002 - Feb 2024
Private Debt: % of Nominal GDP (%) 35.75 Dec 2023 quarterly Mar 2004 - Dec 2023
Money Supply M3 (RSD mn) 4,514,284.113 Feb 2024 monthly Aug 2001 - Feb 2024
Foreign Currency Reserves (EUR mn) 22,556.487 Feb 2024 monthly Jan 2004 - Feb 2024
Gross Non Performing Loans (NPLs) (RSD bn) 101.416 Dec 2019 quarterly Sep 2008 - Dec 2019
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 3.4 Mar 2024 monthly May 2014 - Mar 2024

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