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Serbia Private Credit (% GDP)

Serbia's private credit (% GDP) fell to 33.01% in 2024, down from 33.04% in 2023, according to World Bank. This represents a decrease of 0.03% from the previous year. Serbia has private credit (% GDP) lower than the global median (33.01% vs median 39.47%). Compared with the median in Europe, Serbia is lower (33.01% vs regional median 54.79%) and ranks 34th out of 41 countries in Europe.

Yearly Historical Data (1997-2024)

(in %)
Year Private Credit (% GDP)
2024 33.01%
2023 33.04%
2022 38.39%
2021 41.43%
2020 43.45%
2019 40.17%
2018 39.72%
2017 38.71%
2016 39.4%
2015 39.03%
2014 39.09%
2013 39.3%
2012 44.72%
2011 43.12%
2010 45.33%
2009 38.62%
2008 35.44%
2007 30.59%
2006 25.61%
2005 25.81%
2004 20.23%
2003 15.97%
2002 14.54%
2001 28.31%
2000 40.8%
1999 24.31%
1998 21.2%
1997 19.6%
Serbia Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Serbia.
Indicator Last Value Prior Value Period
Interest Rate 5.75% 5.75% Oct'25