Serbia is the 72 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Serbia averaged 87.58 from 2008 until 2019, reaching an all time high of 101 in 2014 and a record low of 65 in 2018. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Serbia Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gold Reserves in Serbia increased to 21.26 Tonnes in the fourth quarter of 2019 from 21.16 Tonnes in the third quarter of 2019. Gold Reserves in Serbia averaged 15.11 Tonnes from 2000 until 2019, reaching an all time high of 31.40 Tonnes in the third quarter of 2001 and a record low of 9.80 Tonnes in the first quarter of 2002. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - Serbia Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Serbia is ranked 44 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Serbia improved to 44 in 2019 from 48 in 2018. Ease of Doing Business in Serbia averaged 70.17 from 2008 until 2019, reaching an all time high of 93 in 2013 and a record low of 43 in 2017. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Serbia.

Home Ownership Rate in Serbia increased to 84.40 percent in 2018 from 82 percent in 2017. Home Ownership Rate in Serbia averaged 82.15 percent from 2013 until 2018, reaching an all time high of 84.40 percent in 2018 and a record low of 81.10 percent in 2013. This page provides - Serbia Home Ownership Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terrorism Index in Serbia decreased to 0.12 in 2018 from 0.23 in 2017. Terrorism Index in Serbia averaged 1.47 from 2002 until 2018, reaching an all time high of 2.96 in 2003 and a record low of 0 in 2002. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

Minimum Wages in Serbia decreased to 307.67 EUR/Month in the fourth quarter of 2019 from 308.04 EUR/Month in the second quarter of 2019. Minimum Wages in Serbia averaged 253.15 EUR/Month from 2012 until 2019, reaching an all time high of 308.04 EUR/Month in the second quarter of 2019 and a record low of 230.14 EUR/Month in the fourth quarter of 2016. In Serbia, minimum wage refers to gross monthly earnings and it's published by Eurostat twice a year. Since in Serbia the minimum hourly wage is fixed, the following conversion is applied: (hourly net rate x 40 hours x 52.2 weeks) / 12 months. In January, 2015 it was approved an increase of 5.2% in the minimum hourly wage (last adjusted upwards was in 2012). This page provides - Serbia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Serbia scored 39 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Serbia averaged 35.41 Points from 2003 until 2019, reaching an all time high of 42 Points in 2013 and a record low of 23 Points in 2003. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Serbia Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Serbia is the 91 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Serbia averaged 84.06 from 2003 until 2019, reaching an all time high of 106 in 2003 and a record low of 71 in 2015. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Serbia Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Sales Tax Rate in Serbia stands at 20 percent. Sales Tax Rate in Serbia averaged 19.20 percent from 2006 until 2020, reaching an all time high of 20 percent in 2012 and a record low of 18 percent in 2007. In Serbia, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Serbia. This page provides - Serbia Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment Rate in Serbia increased to 49.70 percent in the fourth quarter of 2019 from 49.60 percent in the third quarter of 2019. Employment Rate in Serbia averaged 43.24 percent from 2008 until 2019, reaching an all time high of 49.70 percent in the fourth quarter of 2019 and a record low of 34.30 percent in the first quarter of 2012. In Serbia, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Serbia Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labor Force Participation Rate in Serbia increased to 55 percent in the fourth quarter of 2019 from 54.80 percent in the third quarter of 2019. Labor Force Participation Rate in Serbia averaged 51.60 percent from 2008 until 2019, reaching an all time high of 55.50 percent in the third quarter of 2018 and a record low of 46.10 percent in the first quarter of 2012. This page provides - Serbia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Serbia increased to 9.70 percent in the fourth quarter of 2019 from 9.50 percent in the third quarter of 2019. Unemployment Rate in Serbia averaged 16.42 percent from 2008 until 2019, reaching an all time high of 25.50 percent in the first quarter of 2012 and a record low of 9.50 percent in the third quarter of 2019. In Serbia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Serbia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of employed persons in Serbia decreased to 2938200 in the fourth quarter of 2019 from 2938700 in the third quarter of 2019. Employed Persons in Serbia averaged 2632821.47 from 2008 until 2019, reaching an all time high of 2938700 in the third quarter of 2019 and a record low of 2157618 in the first quarter of 2012. In Serbia, employed persons are individuals with a minimum required age who work during a certain time for a business. This page provides - Serbia Employed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Serbia expanded 6.20 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Serbia averaged 3.10 percent from 1997 until 2019, reaching an all time high of 21.10 percent in the second quarter of 2000 and a record low of -21.30 percent in the second quarter of 1999. On the expenditure side, household consumption is the main component of Serbia's GDP and accounts for 76 percent of its total use, followed by gross fixed capital formation (17 percent) and government expenditure (18 percent). Exports of goods and services account for 44 percent of GDP while imports account for 54 percent, subtracting 10 percent of total GDP. This page provides - Serbia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Serbia expanded 1.70 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Serbia averaged 0.71 percent from 1996 until 2019, reaching an all time high of 6.90 percent in the fourth quarter of 1997 and a record low of -13.30 percent in the second quarter of 1999. Serbia's economy depends on manufacturing and exports, driven by foreign direct investments. The FDI are concentrated in a variety of industries including metal processing, building, textile, beverage, electronics and financial. On the expenditure side, household consumption is the main component of GDP and accounts for 76 percent of its total use, followed by gross fixed capital formation (17 percent) and government expenditure (18 percent). Exports of goods and services account for 44 percent of GDP while imports account for 54 percent, subtracting 10 percent of total GDP. This page provides - Serbia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Serbia increased to 1040492.80 RSD Million in the fourth quarter of 2019 from 1004135.60 RSD Million in the third quarter of 2019. GDP Constant Prices in Serbia averaged 720149.11 RSD Million from 1996 until 2019, reaching an all time high of 1040492.80 RSD Million in the fourth quarter of 2019 and a record low of 410507 RSD Million in the second quarter of 1999. This page provides - Serbia GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Agriculture in Serbia decreased to 70993 RSD Million in the fourth quarter of 2019 from 76886.70 RSD Million in the third quarter of 2019. GDP From Agriculture in Serbia averaged 58340.16 RSD Million from 1996 until 2019, reaching an all time high of 87289.10 RSD Million in the fourth quarter of 2004 and a record low of 33699.20 RSD Million in the first quarter of 2012. This page provides - Serbia Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Construction in Serbia increased to 70603.40 RSD Million in the fourth quarter of 2019 from 61499.60 RSD Million in the third quarter of 2019. GDP From Construction in Serbia averaged 30887.02 RSD Million from 1996 until 2019, reaching an all time high of 70603.40 RSD Million in the fourth quarter of 2019 and a record low of 13936.30 RSD Million in the first quarter of 2002. This page provides - Serbia Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in Serbia increased to 213139.90 RSD Million in the fourth quarter of 2019 from 203136.40 RSD Million in the third quarter of 2019. GDP From Manufacturing in Serbia averaged 165564.22 RSD Million from 1996 until 2019, reaching an all time high of 213139.90 RSD Million in the fourth quarter of 2019 and a record low of 100127.60 RSD Million in the second quarter of 1999. This page provides - Serbia Gdp From Industry- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Public Administration in Serbia increased to 117652 RSD Million in the fourth quarter of 2019 from 112424.40 RSD Million in the third quarter of 2019. GDP From Public Administration in Serbia averaged 93351.38 RSD Million from 1996 until 2019, reaching an all time high of 117652 RSD Million in the fourth quarter of 2019 and a record low of 69732.30 RSD Million in the third quarter of 1996. This page provides - Serbia Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Services in Serbia increased to 171652.90 RSD Million in the fourth quarter of 2019 from 163612.50 RSD Million in the third quarter of 2019. GDP From Services in Serbia averaged 103375.02 RSD Million from 1996 until 2019, reaching an all time high of 171652.90 RSD Million in the fourth quarter of 2019 and a record low of 39920.70 RSD Million in the second quarter of 1999. This page provides - Serbia Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Serbia increased to 257802.10 RSD Million in the fourth quarter of 2019 from 230704.30 RSD Million in the third quarter of 2019. Government Spending in Serbia averaged 116040.04 RSD Million from 1996 until 2019, reaching an all time high of 257802.10 RSD Million in the fourth quarter of 2019 and a record low of 3754.20 RSD Million in the first quarter of 1996. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Serbia Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Spending in Serbia increased to 956437.60 RSD Million in the fourth quarter of 2019 from 936169.70 RSD Million in the third quarter of 2019. Consumer Spending in Serbia averaged 448624.69 RSD Million from 1996 until 2019, reaching an all time high of 956437.60 RSD Million in the fourth quarter of 2019 and a record low of 18555.20 RSD Million in the first quarter of 1996. This page provides - Serbia Consumer Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Serbia was worth 53 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Serbia represents 0.04 percent of the world economy. GDP in Serbia averaged 33.52 USD Billion from 1995 until 2019, reaching an all time high of 53 USD Billion in 2019 and a record low of 6.54 USD Billion in 2000. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Serbia GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The total population in Serbia was estimated at 7.0 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1995, Serbia had a population of 7.6 million people. The population of Serbia represents 0.11 percent of the world´s total population which arguably means that one person in every 961 people on the planet is a resident of Serbia. This page provides - Serbia Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of unemployed persons in Serbia increased to 516.51 Thousand in January of 2020 from 506.87 Thousand in December of 2019. Unemployed Persons in Serbia averaged 771.53 Thousand from 2002 until 2020, reaching an all time high of 970 Thousand in July of 2003 and a record low of 500.64 Thousand in October of 2019. In Serbia, unemployed persons are individuals who are without a job and actively seeking to work. This page provides - Serbia Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

ICU Beds in Serbia averaged 450.65 per 100K people from 2006 until 2014, reaching an all time high of 464.84 per 100K people in December of 2006 and a record low of 441.96 per 100K people in December of 2008. This page includes a chart with historical data for Serbia ICU Beds.

The Consumer Price Index in Serbia decreased 0.10 percent in March of 2020 over the previous month. Inflation Rate Mom in Serbia averaged 0.43 percent from 2007 until 2020, reaching an all time high of 2.80 percent in October of 2012 and a record low of -1.10 percent in July of 2008. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Serbia Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Serbia decreased to 200.70 points in March from 200.90 points in February of 2020. Consumer Price Index CPI in Serbia averaged 163.48 points from 2007 until 2020, reaching an all time high of 200.90 points in February of 2020 and a record low of 101.90 points in February of 2007. In Serbia, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Serbia Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cpi Housing Utilities in Serbia increased to 217.20 points in March from 217.10 points in February of 2020. Cpi Housing Utilities in Serbia averaged 171.12 points from 2007 until 2020, reaching an all time high of 217.20 points in December of 2019 and a record low of 101.90 points in January of 2007. This page provides - Serbia Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Serbia decreased to 175.20 points in March of 2020 from 177.10 points in February of 2020. CPI Transportation in Serbia averaged 151.58 points from 2007 until 2020, reaching an all time high of 180.50 points in October of 2018 and a record low of 96.60 points in February of 2007. This page provides - Serbia Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Serbia was recorded at 1.30 percent in March of 2020. Inflation Rate in Serbia averaged 5.37 percent from 2007 until 2020, reaching an all time high of 14.90 percent in June of 2008 and a record low of 0.10 percent in January of 2015. In Serbia, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (32.1 percent of total weight). Housing and Utilities accounts for 13.7 percent; Transport for 12.7 percent; Alcoholic beverages and Tobacco for 7.3 percent; Recreation and Culture for 5.6 percent and Communication for 5.1 percent. Health; Miscellaneous Goods and Services; Furniture, Household Goods and Maintenance; Clothing and Footwear; Restaurants and Hotels and Education account for the remaining 23.5 percent of total weight. This page provides - Serbia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Crude Oil Production in Serbia remained unchanged at 16 BBL/D/1K in December from 16 BBL/D/1K in November of 2019. Crude Oil Production in Serbia averaged 16.35 BBL/D/1K from 2006 until 2019, reaching an all time high of 21 BBL/D/1K in January of 2015 and a record low of 13 BBL/D/1K in February of 2006. This page provides - Serbia Crude Oil Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Serbia recorded a Current Account deficit of 477.90 USD Million in February of 2020. Current Account in Serbia averaged -260.81 USD Million from 2001 until 2020, reaching an all time high of 178 USD Million in November of 2010 and a record low of -1073.40 USD Million in June of 2008. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Serbia Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Foreign Exchange Reserves in Serbia decreased to 13114.60 EUR Million in March from 13458.60 EUR Million in February of 2020. Foreign Exchange Reserves in Serbia averaged 9271.86 EUR Million from 2004 until 2020, reaching an all time high of 13694 EUR Million in January of 2020 and a record low of 2682 EUR Million in May of 2004. This page provides - Serbia Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M0 in Serbia increased to 214571 RSD Million in March from 204122 RSD Million in February of 2020. Money Supply M0 in Serbia averaged 94114.79 RSD Million from 2001 until 2020, reaching an all time high of 214571 RSD Million in March of 2020 and a record low of 16056 RSD Million in August of 2001. Serbia Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money. This page provides - Serbia Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Credit in Serbia increased to 1130925 SRB Million in March from 1122703 SRB Million in February of 2020. Consumer Credit in Serbia averaged 569170.99 SRB Million from 2004 until 2020, reaching an all time high of 1130925 SRB Million in March of 2020 and a record low of 30680 SRB Million in January of 2004. This page provides the latest reported value for - Serbia Consumer Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Loans To Private Sector in Serbia increased to 1200863 SRB Million in March from 1171865 SRB Million in February of 2020. Loans To Private Sector in Serbia averaged 796828.71 SRB Million from 2004 until 2020, reaching an all time high of 1200863 SRB Million in March of 2020 and a record low of 187458 SRB Million in January of 2004. This page provides - Serbia Loans To Private Sector- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M1 in Serbia increased to 932286 RSD Million in March from 868799 RSD Million in February of 2020. Money Supply M1 in Serbia averaged 319779.67 RSD Million from 2001 until 2020, reaching an all time high of 932286 RSD Million in March of 2020 and a record low of 43647 RSD Million in August of 2001. This page provides - Serbia Money Supply M1- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M2 in Serbia increased to 1210178 RSD Million in March from 1155717 RSD Million in February of 2020. Money Supply M2 in Serbia averaged 454793.08 RSD Million from 2001 until 2020, reaching an all time high of 1210178 RSD Million in March of 2020 and a record low of 52024 RSD Million in August of 2001. This page provides - Serbia Money Supply M2- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M3 in Serbia increased to 2850671 RSD Million in March from 2804079 RSD Million in February of 2020. Money Supply M3 in Serbia averaged 1277894.32 RSD Million from 2001 until 2020, reaching an all time high of 2850671 RSD Million in March of 2020 and a record low of 86158 RSD Million in August of 2001. This page provides - Serbia Money Supply M3- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Steel Production in Serbia decreased to 131.30 Thousand Tonnes in March from 135.70 Thousand Tonnes in February of 2020. Steel Production in Serbia averaged 100.55 Thousand Tonnes from 2007 until 2020, reaching an all time high of 189.10 Thousand Tonnes in October of 2018 and a record low of 0 Thousand Tonnes in May of 2009. This page has Steel Production values for Serbia.

Wages in Serbia decreased to 58132 RSD/Month in February from 59941 RSD/Month in January of 2020. Wages in Serbia averaged 32568.16 RSD/Month from 2000 until 2020, reaching an all time high of 59941 RSD/Month in January of 2020 and a record low of 3821 RSD/Month in January of 2001. In Serbia, wages are benchmarked using the average monthly salary. This page provides - Serbia Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Serbia increased 10.90 percent in February of 2020 over the same month in the previous year. Wage Growth in Serbia averaged 15.03 percent from 2002 until 2020, reaching an all time high of 94.60 percent in January of 2002 and a record low of -8.80 percent in December of 2017. This page provides - Serbia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tourist Arrivals in Serbia decreased to 91398 in February from 106774 in January of 2020. Tourist Arrivals in Serbia averaged 93066.29 from 2009 until 2020, reaching an all time high of 237801 in August of 2019 and a record low of 29180 in January of 2010. This page provides - Serbia Tourist Arrivals- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Serbia decreased 1.50 percent in February of 2020 over the previous month. Industrial Production Mom in Serbia averaged 0.07 percent from 2005 until 2020, reaching an all time high of 15.10 percent in January of 2010 and a record low of -12.50 percent in February of 2012. This page provides - Serbia Industrial Production MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Serbia recorded a capital and financial account deficit of 337 USD Million in February of 2020. Capital Flows in Serbia averaged -191.02 USD Million from 2012 until 2020, reaching an all time high of 103 USD Million in May of 2018 and a record low of -705 USD Million in December of 2012. This page provides - Serbia Capital Flows- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Youth Unemployment Rate in Serbia increased to 29.10 percent in the fourth quarter of 2019 from 26 percent in the third quarter of 2019. Youth Unemployment Rate in Serbia averaged 39.15 percent from 2008 until 2019, reaching an all time high of 54.20 percent in the second quarter of 2014 and a record low of 24.40 percent in the second quarter of 2019. This page provides - Serbia Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

External Debt in Serbia increased to 28417.90 EUR Million in the fourth quarter of 2019 from 28381.10 EUR Million in the third quarter of 2019. External Debt in Serbia averaged 18394.44 EUR Million from 2003 until 2019, reaching an all time high of 28417.90 EUR Million in the fourth quarter of 2019 and a record low of 8961.90 EUR Million in the third quarter of 2004. In Serbia, external debt is a part of the total debt that is owed to creditors outside the country. This page provides - Serbia External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Serbia recorded a Government Budget surplus equal to 0.20 percent of the country's Gross Domestic Product in 2019. Government Budget in Serbia averaged -1.94 percent of GDP from 2002 until 2019, reaching an all time high of 1.10 percent of GDP in 2005 and a record low of -5.90 percent of GDP in 2014. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Serbia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.