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Serbia Exports (% GDP)

Serbia's exports (% GDP) fell to 52.69% in 2024, down from 55.08% in 2023, according to World Bank. This represents a decrease of 2.39% from the previous year. Serbia has exports (% GDP) higher than the global median (52.69% vs median 37.25%). Compared with the median in Europe, Serbia is lower (52.69% vs regional median 53.65%) and ranks 23rd out of 44 countries in Europe.

Serbia's imports (% GDP) fell to 58.77% in 2024, down from 59.42% in 2023.

Yearly Historical Data (1995-2024)

(in %)
Year Exports (% GDP)
2024 52.69%
2023 55.08%
2022 60.75%
2021 52.34%
2020 46.11%
2019 48.96%
2018 48.67%
2017 48.13%
2016 46.45%
2015 43.39%
2014 40.32%
2013 38.23%
2012 34.42%
2011 31.72%
2010 30.99%
2009 25.34%
2008 27.38%
2007 26.25%
2006 28.97%
2005 27.6%
2004 24.48%
2003 22.06%
2002 19.19%
2001 19.72%
2000 8.24%
1999 9.98%
1998 17.35%
1997 12.79%
1996 10.51%
1995 4.85%
Serbia Exports (% GDP) : Definition
Exports (% GDP) measures the value of goods and services sold abroad by Serbia compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $33.04B $30.93B 2024
Annual Imports $42.25B $39.83B 2024
FDI Inflows (% GDP) 6.07% 6.9% 2023
Imports (% GDP) 58.77% 59.42% 2024
Net Trade (Goods & Services, BoP) -$3.81B -$7.49B 2023
Tariff Rate 3.08% 2.76% 2021
Trade (% GDP) 111.46% 114.49% 2024