Merchandise exports to low- and middle-income economies in Latin in Serbia
Serbia: Merchandise exports to low- and middle-income economies in Latin was 0.6% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in Latin in Serbia, 2006–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports to low- and middle-income economies in latin in Serbia stood at 0.6%. That is the highest value across all 18 years on record.
Compared with earlier readings it is up 25.8% on the previous year and up 141.8% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Serbia peaked at 0.6% in 2023 and was at its lowest, 0.0%, in 2008.
Serbia ranks 114th of 203 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies in Latin in Serbia, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 2006 | 0.1% | — |
| 2007 | 0.1% | +103.7% |
| 2008 | 0.0% | -76.4% |
| 2009 | 0.1% | +84.8% |
| 2010 | 0.1% | +116.2% |
| 2011 | 0.1% | -8.2% |
| 2012 | 0.2% | +49.6% |
| 2013 | 0.3% | +53.3% |
| 2014 | 0.2% | -30.1% |
| 2015 | 0.2% | +8.0% |
| 2016 | 0.2% | -2.7% |
| 2017 | 0.3% | +33.9% |
| 2018 | 0.3% | +11.5% |
| 2019 | 0.3% | +23.2% |
| 2020 | 0.4% | +7.1% |
| 2021 | 0.4% | +6.9% |
| 2022 | 0.5% | +24.2% |
| 2023 | 0.6% | +25.8% |
Serbia compared with similar countries
- Serbia's 0.6% is below the median for upper middle income countries, which is 1.9%, 32% of the median. (58 countries reporting)
- Serbia's 0.6% is below the median for Europe & Central Asia, which is 0.8%, 78% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1% | 0.0% | 0.1% | 4 |
| 2010s | 0.2% | 0.1% | 0.3% | 10 |
| 2020s | 0.5% | 0.4% | 0.6% | 4 |
Countries ranked near Serbia
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 low- and middle-income economies in latin in Serbia?
- Merchandise exports to low- and middle-income economies in latin in Serbia was 0.6% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in latin recorded in Serbia?
- The highest recorded value was 0.6% in 2023.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Serbia?
- The lowest recorded value was 0.0% in 2008.
- How does Serbia rank for merchandise exports to low- and middle-income economies in latin?
- Serbia ranks 114th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Serbia?
- Over the last ten years it is up 141.8%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are 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.