Serbia - External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Serbia was -8.28 as of 2020. Its highest value over the past 25 years was -3.06 in 1995, while its lowest value was -23.96 in 2004.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 -3.06
1996 -6.71
1997 -7.51
1998 -4.83
1999 -4.57
2000 -4.93
2001 -15.17
2002 -16.68
2003 -14.88
2004 -23.96
2005 -17.09
2006 -18.02
2007 -21.03
2008 -21.79
2009 -13.33
2010 -12.22
2011 -12.81
2012 -13.78
2013 -8.22
2014 -8.08
2015 -7.04
2016 -4.83
2017 -6.58
2018 -8.63
2019 -9.93
2020 -8.28

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts