External debt stocks, private nonguaranteed (PNG) (DOD, current US$) in Serbia
Serbia: External debt stocks, private nonguaranteed (PNG) (DOD, current US$) was 22.42 billion DOD, current US$ in 2025. ◆ Volatile
External debt stocks, private nonguaranteed (PNG) in Serbia, 1970–2025
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2025, external debt stocks, private nonguaranteed (png) in Serbia stood at 22.42 billion DOD, current US$. That is the highest value across all 56 years on record.
That represents a change of up 16.4% on the previous year and up 79.9% over ten years.
Over the whole period, external debt stocks, private nonguaranteed (png) in Serbia peaked at 22.42 billion DOD, current US$ in 2025 and was at its lowest, 611.00 million DOD, current US$, in 1999.
That places Serbia 21st out of 98 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, private nonguaranteed (PNG) (DOD, current US$) in Serbia, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 854.10 million DOD, current US$ | — |
| 1971 | 1.34 billion DOD, current US$ | +57.0% |
| 1972 | 1.83 billion DOD, current US$ | +36.1% |
| 1973 | 2.41 billion DOD, current US$ | +31.9% |
| 1974 | 2.83 billion DOD, current US$ | +17.7% |
| 1975 | 3.49 billion DOD, current US$ | +23.3% |
| 1976 | 4.38 billion DOD, current US$ | +25.4% |
| 1977 | 5.87 billion DOD, current US$ | +34.0% |
| 1978 | 7.71 billion DOD, current US$ | +31.3% |
| 1979 | 10.06 billion DOD, current US$ | +30.5% |
| 1980 | 11.01 billion DOD, current US$ | +9.4% |
| 1981 | 11.70 billion DOD, current US$ | +6.4% |
| 1982 | 10.88 billion DOD, current US$ | -7.1% |
| 1983 | 10.03 billion DOD, current US$ | -7.7% |
| 1984 | 8.19 billion DOD, current US$ | -18.4% |
| 1985 | 7.98 billion DOD, current US$ | -2.5% |
| 1986 | 5.83 billion DOD, current US$ | -26.9% |
| 1987 | 5.04 billion DOD, current US$ | -13.5% |
| 1988 | 4.69 billion DOD, current US$ | -7.0% |
| 1989 | 3.48 billion DOD, current US$ | -25.8% |
| 1990 | 3.86 billion DOD, current US$ | +10.9% |
| 1991 | 4.23 billion DOD, current US$ | +9.6% |
| 1992 | 4.08 billion DOD, current US$ | -3.6% |
| 1993 | 2.76 billion DOD, current US$ | -32.3% |
| 1994 | 2.76 billion DOD, current US$ | +0.0% |
| 1995 | 1.77 billion DOD, current US$ | -35.7% |
| 1996 | 1.17 billion DOD, current US$ | -34.3% |
| 1997 | 976.00 million DOD, current US$ | -16.2% |
| 1998 | 743.00 million DOD, current US$ | -23.9% |
| 1999 | 611.00 million DOD, current US$ | -17.8% |
| 2000 | 611.00 million DOD, current US$ | +0.0% |
| 2001 | 655.94 million DOD, current US$ | +7.4% |
| 2002 | 905.98 million DOD, current US$ | +38.1% |
| 2003 | 2.18 billion DOD, current US$ | +140.3% |
| 2004 | 3.54 billion DOD, current US$ | +62.8% |
| 2005 | 5.21 billion DOD, current US$ | +47.1% |
| 2006 | 9.81 billion DOD, current US$ | +88.1% |
| 2007 | 15.40 billion DOD, current US$ | +57.1% |
| 2008 | 18.32 billion DOD, current US$ | +18.9% |
| 2009 | 19.08 billion DOD, current US$ | +4.1% |
| 2010 | 17.91 billion DOD, current US$ | -6.1% |
| 2011 | 16.44 billion DOD, current US$ | -8.2% |
| 2012 | 17.21 billion DOD, current US$ | +4.7% |
| 2013 | 16.82 billion DOD, current US$ | -2.3% |
| 2014 | 14.26 billion DOD, current US$ | -15.2% |
| 2015 | 12.46 billion DOD, current US$ | -12.6% |
| 2016 | 10.39 billion DOD, current US$ | -16.6% |
| 2017 | 12.87 billion DOD, current US$ | +23.9% |
| 2018 | 13.71 billion DOD, current US$ | +6.5% |
| 2019 | 13.99 billion DOD, current US$ | +2.0% |
| 2020 | 17.13 billion DOD, current US$ | +22.4% |
| 2021 | 17.05 billion DOD, current US$ | -0.4% |
| 2022 | 17.59 billion DOD, current US$ | +3.2% |
| 2023 | 19.11 billion DOD, current US$ | +8.6% |
| 2024 | 19.26 billion DOD, current US$ | +0.8% |
| 2025 | 22.42 billion DOD, current US$ | +16.4% |
Serbia compared with similar countries
- Serbia's 22.42 billion DOD, current US$ is above the median for upper middle income countries, which is 7.52 billion DOD, current US$, 3.0× the median. (45 countries reporting)
- Serbia's 22.42 billion DOD, current US$ is above the median for Europe & Central Asia, which is 5.75 billion DOD, current US$, 3.9× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.08 billion DOD, current US$ | 854.10 million DOD, current US$ | 10.06 billion DOD, current US$ | 10 |
| 1980s | 7.88 billion DOD, current US$ | 3.48 billion DOD, current US$ | 11.70 billion DOD, current US$ | 10 |
| 1990s | 2.30 billion DOD, current US$ | 611.00 million DOD, current US$ | 4.23 billion DOD, current US$ | 10 |
| 2000s | 7.57 billion DOD, current US$ | 611.00 million DOD, current US$ | 19.08 billion DOD, current US$ | 10 |
| 2010s | 14.61 billion DOD, current US$ | 10.39 billion DOD, current US$ | 17.91 billion DOD, current US$ | 10 |
| 2020s | 18.76 billion DOD, current US$ | 17.05 billion DOD, current US$ | 22.42 billion DOD, current US$ | 6 |
Countries ranked near Serbia
- 18 Uzbekistan 32.84 billion DOD, current US$ compare
- 19 Mongolia 27.28 billion DOD, current US$ compare
- 20 South Africa 24.21 billion DOD, current US$ compare
- 22 Bulgaria 19.39 billion DOD, current US$ compare
- 23 Pakistan 17.58 billion DOD, current US$ compare
- 24 Guatemala 15.49 billion DOD, current US$ compare
More external debt data for Serbia
- Net financial flows, IBRD 86.17 million NFL, current US$ (2025)
- 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)
- 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, IDA (NFL, current US$), per square kilometre -410.32 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 2.77 billion DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 32.17 billion DOD, current US$ (2025)
- External debt stocks, long-term 54.59 billion DOD, current US$ (2025)
Frequently asked questions
- What is external debt stocks, private nonguaranteed (png) in Serbia?
- External debt stocks, private nonguaranteed (png) in Serbia was 22.42 billion DOD, current US$ in 2025, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, private nonguaranteed (png) recorded in Serbia?
- The highest recorded value was 22.42 billion DOD, current US$ in 2025.
- What is the lowest external debt stocks, private nonguaranteed (png) recorded in Serbia?
- The lowest recorded value was 611.00 million DOD, current US$ in 1999.
- How does Serbia rank for external debt stocks, private nonguaranteed (png)?
- Serbia ranks 21st out of 98 countries with data for 2025.
- Is external debt stocks, private nonguaranteed (png) rising or falling in Serbia?
- Over the last ten years it is up 79.9%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks, private nonguaranteed (PNG) (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Private nonguaranteed external debt comprises long-term external obligations of private debtors that are not guaranteed for repayment by a public entity. Data are in current U.S. dollars.