Merchandise exports to high-income economies in Serbia
Serbia: Merchandise exports to high-income economies was 74.2% in 2023. ▲ Rising
Merchandise exports to high-income economies in Serbia, 2006–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to high-income economies in Serbia is 74.2%, measured in 2023.
The figure is down 1.1% on the previous year and down 1.8% over ten years.
Over the whole period, merchandise exports to high-income economies in Serbia peaked at 81.2% in 2018 and was at its lowest, 63.7%, in 2009.
That places Serbia 78th out of 206 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Merchandise exports to high-income economies in Serbia, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 2006 | 76.0% | — |
| 2007 | 67.2% | -11.6% |
| 2008 | 65.6% | -2.3% |
| 2009 | 63.7% | -2.9% |
| 2010 | 68.0% | +6.6% |
| 2011 | 70.3% | +3.5% |
| 2012 | 71.9% | +2.2% |
| 2013 | 75.5% | +5.1% |
| 2014 | 75.9% | +0.4% |
| 2015 | 75.9% | +0.1% |
| 2016 | 77.0% | +1.4% |
| 2017 | 78.7% | +2.2% |
| 2018 | 81.2% | +3.1% |
| 2019 | 79.9% | -1.6% |
| 2020 | 76.2% | -4.7% |
| 2021 | 75.3% | -1.2% |
| 2022 | 75.0% | -0.3% |
| 2023 | 74.2% | -1.1% |
Serbia compared with similar countries
- Serbia's 74.2% is above the median for upper middle income countries, which is 65.7%, 1.1× the median. (59 countries reporting)
- Serbia's 74.2% is below the median for Europe & Central Asia, which is 83.1%, 89% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 68.1% | 63.7% | 76.0% | 4 |
| 2010s | 75.4% | 68.0% | 81.2% | 10 |
| 2020s | 75.2% | 74.2% | 76.2% | 4 |
Countries ranked near Serbia
- 75 Azerbaijan 74.6% compare
- 76 Madagascar 74.5% compare
- 77 Saint Vincent and the Grenadines 74.4% compare
- 79 Sri Lanka 74.1% compare
- 80 Moldova 73.9% compare
- 81 Bulgaria 73.6% compare
More private sector data for Serbia
- Merchandise trade 84.6% (2025)
- Food imports 5.8% (2007)
- Manufactures imports 69.5% (2007)
- Merchandise imports 47.23 billion current US$ (2025)
- Food exports 18.6% (2007)
- Manufactures exports 65.9% (2007)
- Merchandise exports 37.31 billion current US$ (2025)
- Merchandise exports (current US$), per capita 5,698 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3733 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 18.13 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to high-income economies in Serbia?
- Merchandise exports to high-income economies in Serbia was 74.2% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Serbia?
- The highest recorded value was 81.2% in 2018.
- What is the lowest merchandise exports to high-income economies recorded in Serbia?
- The lowest recorded value was 63.7% in 2009.
- How does Serbia rank for merchandise exports to high-income economies?
- Serbia ranks 78th out of 206 countries with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Serbia?
- Over the last ten years it is down 1.8%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.