Public and publicly guaranteed debt service in Serbia
Serbia: Public and publicly guaranteed debt service was 8.6% in 2024. ▲ Rising
Public and publicly guaranteed debt service in Serbia, 2007–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
The most recent figure for public and publicly guaranteed debt service in Serbia is 8.6%, measured in 2024.
That represents a change of up 63.8% on the previous year and up 11.9% over ten years.
Over the whole period, public and publicly guaranteed debt service in Serbia peaked at 12.3% in 2017 and was at its lowest, 3.6%, in 2008.
That places Serbia 42nd out of 120 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Public and publicly guaranteed debt service in Serbia, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 2007 | 5.1% | — |
| 2008 | 3.6% | -29.2% |
| 2009 | 4.2% | +18.7% |
| 2010 | 5.1% | +20.1% |
| 2011 | 4.9% | -3.5% |
| 2012 | 6.8% | +37.8% |
| 2013 | 9.1% | +34.0% |
| 2014 | 7.7% | -15.1% |
| 2015 | 7.8% | +1.2% |
| 2016 | 8.1% | +4.0% |
| 2017 | 12.3% | +51.7% |
| 2018 | 11.9% | -3.4% |
| 2019 | 12.2% | +2.3% |
| 2020 | 10.3% | -15.2% |
| 2021 | 6.9% | -32.9% |
| 2022 | 4.7% | -32.2% |
| 2023 | 5.3% | +12.4% |
| 2024 | 8.6% | +63.8% |
Serbia compared with similar countries
- Serbia's 8.6% is above the median for upper middle income countries, which is 7.4%, 1.2× the median. (51 countries reporting)
- Serbia's 8.6% is above the median for Europe & Central Asia, which is 5.0%, 1.7× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.3% | 3.6% | 5.1% | 3 |
| 2010s | 8.6% | 4.9% | 12.3% | 10 |
| 2020s | 7.2% | 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)
- Net financial flows, IDA (NFL, current US$), per square kilometre -410.32 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is public and publicly guaranteed debt service in Serbia?
- Public and publicly guaranteed debt service in Serbia was 8.6% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Serbia?
- The highest recorded value was 12.3% in 2017.
- What is the lowest public and publicly guaranteed debt service recorded in Serbia?
- The lowest recorded value was 3.6% in 2008.
- How does Serbia rank for public and publicly guaranteed debt service?
- Serbia ranks 42nd out of 120 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Serbia?
- Over the last ten years it is up 11.9%. 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 Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to exports of goods, services, and income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.