Merchandise exports to low- and middle-income economies in Middle in Serbia
Serbia: Merchandise exports to low- and middle-income economies in Middle was 1.3% in 2023. ▼ Falling
Merchandise exports to low- and middle-income economies in Middle in Serbia, 2006–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Serbia recorded 1.3% for merchandise exports to low- and middle-income economies in middle in 2023.
Compared with earlier readings it is up 6.4% on the previous year and up 67.0% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in middle in Serbia peaked at 3.8% in 2009 and was at its lowest, 0.8%, in 2013.
That places Serbia 58th out of 204 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Merchandise exports to low- and middle-income economies in Middle in Serbia, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 2006 | 0.9% | — |
| 2007 | 1.0% | +3.9% |
| 2008 | 1.9% | +96.6% |
| 2009 | 3.8% | +101.4% |
| 2010 | 1.5% | -59.8% |
| 2011 | 1.4% | -10.2% |
| 2012 | 1.4% | +1.0% |
| 2013 | 0.8% | -44.7% |
| 2014 | 0.9% | +21.1% |
| 2015 | 1.2% | +24.2% |
| 2016 | 1.2% | +6.5% |
| 2017 | 1.0% | -21.9% |
| 2018 | 0.9% | -10.5% |
| 2019 | 1.1% | +29.5% |
| 2020 | 1.8% | +62.1% |
| 2021 | 1.3% | -30.2% |
| 2022 | 1.2% | -4.4% |
| 2023 | 1.3% | +6.4% |
Serbia compared with similar countries
- Serbia's 1.3% is above the median for upper middle income countries, which is 0.4%, 3.2× the median. (58 countries reporting)
- Serbia's 1.3% is above the median for Europe & Central Asia, which is 1.0%, 1.3× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.9% | 0.9% | 3.8% | 4 |
| 2010s | 1.1% | 0.8% | 1.5% | 10 |
| 2020s | 1.4% | 1.2% | 1.8% | 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 middle in Serbia?
- Merchandise exports to low- and middle-income economies in middle in Serbia was 1.3% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in middle recorded in Serbia?
- The highest recorded value was 3.8% in 2009.
- What is the lowest merchandise exports to low- and middle-income economies in middle recorded in Serbia?
- The lowest recorded value was 0.8% in 2013.
- How does Serbia rank for merchandise exports to low- and middle-income economies in middle?
- Serbia ranks 58th out of 204 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in middle rising or falling in Serbia?
- Over the last ten years it is up 67.0%. The long-run trend across the full record is falling.
- 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 Middle East & North Africa (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies in Middle East and North Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Middle East and North Africa 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.