Debt service (PPG and IMF only, % of exports of goods, services and) in Serbia
Serbia: Debt service (PPG and IMF only, % of exports of goods, services and) was 8.9% in 2024. ▲ Rising
Debt service (PPG and IMF only, % of exports of goods, services and) in Serbia, 2007–2024
Source: International Debt Statistics, World Bank (WB).
Analysis
The most recent figure for debt service (ppg and imf only, % of exports of goods, services and) in Serbia is 8.9%, measured in 2024.
Compared with earlier readings it is up 61.5% on the previous year and down 23.0% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Serbia peaked at 13.6% in 2013 and was at its lowest, 3.6%, in 2008.
Serbia ranks 49th of 118 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Debt service (PPG and IMF only, % of exports of goods, services and) in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 5.1% | — |
| 2008 | 3.6% | -29.4% |
| 2009 | 4.3% | +20.4% |
| 2010 | 5.3% | +22.3% |
| 2011 | 5.1% | -3.1% |
| 2012 | 8.7% | +69.4% |
| 2013 | 13.6% | +57.6% |
| 2014 | 11.5% | -15.6% |
| 2015 | 8.7% | -24.4% |
| 2016 | 8.2% | -5.8% |
| 2017 | 12.3% | +50.2% |
| 2018 | 11.9% | -3.4% |
| 2019 | 12.2% | +2.4% |
| 2020 | 10.3% | -15.3% |
| 2021 | 6.9% | -33.0% |
| 2022 | 4.7% | -31.5% |
| 2023 | 5.5% | +16.0% |
| 2024 | 8.9% | +61.5% |
Serbia compared with similar countries
- Serbia's 8.9% is above the median for upper middle income countries, which is 7.8%, 1.1× the median. (50 countries reporting)
- Serbia's 8.9% is above the median for Europe & Central Asia, which is 6.2%, 1.4× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.3% | 3.6% | 5.1% | 3 |
| 2010s | 9.8% | 5.1% | 13.6% | 10 |
| 2020s | 7.3% | 4.7% | 10.3% | 5 |
Countries ranked near Serbia
More external debt data for Serbia
- IFC, private nonguaranteed 27.83 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 4.23 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0003 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 742.11 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 5.0% (2024)
- Net financial flows, IDA -20.61 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -3.13 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0002 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 58.46 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 8.6% (2024)
Frequently asked questions
- What is debt service (ppg and imf only, % of exports of goods, services and) in Serbia?
- Debt service (ppg and imf only, % of exports of goods, services and) in Serbia was 8.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in Serbia?
- The highest recorded value was 13.6% in 2013.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Serbia?
- The lowest recorded value was 3.6% in 2008.
- How does Serbia rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Serbia ranks 49th out of 118 countries with data for 2024.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Serbia?
- Over the last ten years it is down 23.0%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.