Short-term debt (% of total external debt) in Serbia
Serbia: Short-term debt (% of total external debt) was 1.9% in 2024. ◆ Volatile
Short-term debt in Serbia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
In 2024, short-term debt in Serbia stood at 1.9%.
Compared with earlier readings it is down 0.2% on the previous year and up 16.0% over ten years.
Over the whole period, short-term debt in Serbia peaked at 42.5% in 2001 and was at its lowest, 1.5%, in 2013.
That places Serbia 98th out of 122 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt (% of total external debt) in Serbia, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 8.8% | — |
| 1971 | 8.9% | +1.4% |
| 1972 | 9.0% | +0.6% |
| 1973 | 9.0% | +0.1% |
| 1974 | 9.0% | +0.7% |
| 1975 | 9.1% | +0.1% |
| 1976 | 9.1% | +0.1% |
| 1977 | 8.9% | -1.7% |
| 1978 | 9.3% | +4.8% |
| 1979 | 11.2% | +19.9% |
| 1980 | 11.6% | +3.4% |
| 1981 | 12.1% | +4.3% |
| 1982 | 9.1% | -24.6% |
| 1983 | 5.6% | -38.7% |
| 1984 | 5.2% | -6.3% |
| 1985 | 4.6% | -12.7% |
| 1986 | 6.3% | +39.2% |
| 1987 | 5.8% | -8.9% |
| 1988 | 5.3% | -8.5% |
| 1989 | 4.2% | -21.3% |
| 1990 | 2.9% | -29.3% |
| 1991 | 1.8% | -39.6% |
| 1992 | 6.6% | +272.7% |
| 1993 | 12.9% | +94.8% |
| 1994 | 15.2% | +17.5% |
| 1995 | 19.8% | +30.7% |
| 1996 | 17.4% | -12.3% |
| 1997 | 32.6% | +87.0% |
| 1998 | 33.2% | +1.9% |
| 1999 | 36.6% | +10.4% |
| 2000 | 39.4% | +7.6% |
| 2001 | 42.5% | +7.9% |
| 2002 | 19.9% | -53.1% |
| 2003 | 19.7% | -1.3% |
| 2004 | 11.6% | -41.0% |
| 2005 | 13.9% | +19.6% |
| 2006 | 11.3% | -18.8% |
| 2007 | 8.6% | -23.9% |
| 2008 | 12.1% | +40.9% |
| 2009 | 10.6% | -11.9% |
| 2010 | 8.5% | -20.1% |
| 2011 | 3.7% | -56.8% |
| 2012 | 3.0% | -19.3% |
| 2013 | 1.5% | -48.0% |
| 2014 | 1.7% | +7.6% |
| 2015 | 2.9% | +76.9% |
| 2016 | 2.5% | -13.5% |
| 2017 | 3.3% | +28.4% |
| 2018 | 5.3% | +61.3% |
| 2019 | 6.7% | +26.9% |
| 2020 | 4.9% | -26.8% |
| 2021 | 4.7% | -2.9% |
| 2022 | 5.7% | +20.3% |
| 2023 | 1.9% | -66.2% |
| 2024 | 1.9% | -0.2% |
Serbia compared with similar countries
- Serbia's 1.9% is below the median for upper middle income countries, which is 11.8%, 16% of the median. (52 countries reporting)
- Serbia's 1.9% is below the median for Europe & Central Asia, which is 15.5%, 12% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where Short-term debt (% of total external debt) in Serbia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +272.7% | 1.8% | 6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.2% | 8.8% | 11.2% | 10 |
| 1980s | 7.0% | 4.2% | 12.1% | 10 |
| 1990s | 17.9% | 1.8% | 36.6% | 10 |
| 2000s | 19.0% | 8.6% | 42.5% | 10 |
| 2010s | 3.9% | 1.5% | 8.5% | 10 |
| 2020s | 3.8% | 1.9% | 5.7% | 5 |
Countries ranked near Serbia
- 95 Sao Tome and Principe 2.4% compare
- 96 Gabon 2.2% compare
- 97 Malawi 2.0% compare
- 99 Grenada 1.8% compare
- 100 Azerbaijan 1.8% compare
- 101 Mozambique 1.7% compare
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 short-term debt in Serbia?
- Short-term debt in Serbia was 1.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Serbia?
- The highest recorded value was 42.5% in 2001.
- What is the lowest short-term debt recorded in Serbia?
- The lowest recorded value was 1.5% in 2013.
- How does Serbia rank for short-term debt?
- Serbia ranks 98th out of 122 countries with data for 2024.
- Is short-term debt rising or falling in Serbia?
- Over the last ten years it is up 16.0%. 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 Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.