Main UN Trade and Development (UNCTAD) website
English

General profile: Serbia

GENERAL INFORMATION FOR 2023
Exchange rate
Population
Population
Exchange rates
GDP
GDP
6.773 Millions
..
75 328 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 87 460 km²
12.37 %
2.72 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+6.5 %
Merchandise exports growth rate in 2023
Total merchandise trade
(millions of US$)
2005
2010
2015
2023
Merchandise exports
_
9 795
13 376
30 935
Merchandise imports
_
16 735
17 876
39 838
Merchandise trade balance
_
-6 940
-4 499
-8 903
Export structure by product group in 2023
(as % of total exports)
1 %1 %68 %68 %6 %6 %9 %9 %16 %16 %
Top 5 partners in 2023
(exports, millions of US$)
4 6632 1271 9141 6871 5614 6632 1271 9141 6871 561
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2023
Services exports
_
3 520
4 738
14 143
Services imports
_
3 534
3 931
10 883
Services trade balance
_
-14
808
3 260
Services exports by main category²
(as % of total services)
2005
2010
2015
2023
Transport
_
22.4
23.6
17.9
Travel
_
22.7
22.1
19.6
Other services
_
48.5
48.5
59.3
TRADE INDICES
More data on UNCTADstat
18916316014314013212311410099967373696310295991039998100101100969798979799
ECONOMIC TRENDS
More data on UNCTADstat
+2.7 %
Gross domestic product growth rate in 2023
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
GDP, current
_
41 819
39 656
75 328
GDP per capita, current US$
_
5 654
5 525
11 122
Real GDP growth, y-on-y, %
_
0.73
1.81
2.72
Current account balance, % of GDP
_
-6.44
-3.46
-2.59
Exchange rate (/US$)
_
77.723
108.811
..
GDP by expenditure in 2022
(as % of total GDP)
69.915.727.860.273.769.915.727.860.273.7
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.4 %
FDI outflows as % of GDP in 2023
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
FDI inflows
_
1 686.10
2 347.56
4 870.13
FDI outflows
_
184.99
346.25
307.52
Personal remittances, % of GDP
_
10.87
9.45
..
Financial flows trends
(millions of US$)
7 214.06 292.85 304.65 486.95 681.34 701.74 191.24 341.94 795.05 083.24 492.14 954.35 124.15 706.04 8704 5984 5903 4694 2704 0912 8782 3522 3481 9992 0531 2994 9321 6862 896FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2023
Balance, % of GDP
_
-15.21
-8.45
-5.83
Balance, % of imports
_
-33.72
-16.21
-9.12
Normalized balance
_
-0.203
-0.088
-0.048
Trade openness²
(sum of imports and exports as % of GDP)
1221361161041111081071009692878478756579
LIVING AREA
Population by living area in 2023
(% of population)
Urban 57%Urban 57%Rural 43%Rural 43%
OTHER INDICATORS
More data on UNCTADstat
..
Share of the total world merchant fleet in 2023
Maritime transport indicators
 
2005
2010
2015
2023
Merchant fleet, national flag (thousands of DWT)
_
..
..
..
Container port throughput (TEU)
..
..
..
..
Information economy indicators
(as % of)
2005
2010
2015
2023
Share of ICT goods, % of total exports
_
1.63
1.21
..
Share of ICT goods, % of total imports
_
4.22
3.96
..
Share of workforce involved in the ICT sector
_
..
..
..
Source: UN Trade and Development, UNCTADstat (https://unctadstat.unctad.org/datacentre)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
q
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on the UNCTAD Data Hub do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in the UNCTAD Data Hub.
Generation date: 11 October 2024