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Serbia Imports (% GDP)

Serbia's imports (% GDP) fell to 58.77% in 2024, down from 59.42% in 2023, according to World Bank. This represents a decrease of 0.65% from the previous year. Serbia has imports (% GDP) higher than the global median (58.77% vs median 45.74%). Compared with the median in Europe, Serbia is higher (58.77% vs regional median 57.20%) and ranks 21st out of 44 countries in Europe.

Serbia's exports (% GDP) fell to 52.69% in 2024, down from 55.08% in 2023.

Yearly Historical Data (1995-2024)

(in %)
Year Imports (% GDP)
2024 58.77%
2023 59.42%
2022 71.19%
2021 60%
2020 54.22%
2019 58.62%
2018 56.89%
2017 54.61%
2016 51.24%
2015 50.14%
2014 48.06%
2013 46.1%
2012 47.65%
2011 44.03%
2010 42.72%
2009 38.16%
2008 48.36%
2007 46.47%
2006 46.56%
2005 44.39%
2004 47.81%
2003 36.24%
2002 35.11%
2001 34.18%
2000 12.87%
1999 14.22%
1998 21.82%
1997 19.89%
1996 16.81%
1995 7.72%
Serbia Imports (% GDP) : Definition
Imports (% GDP) measures the value of goods and services bought from other countries 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
Exports (% GDP) 52.69% 55.08% 2024
FDI Inflows (% GDP) 6.07% 6.9% 2023
Net Trade (Goods & Services, BoP) -$3.81B -$7.49B 2023
Tariff Rate 3.08% 2.76% 2021
Trade (% GDP) 111.46% 114.49% 2024