Merchandise exports to low- and middle-income economies in South Asia in Serbia

Serbia: Merchandise exports to low- and middle-income economies in South Asia was 0.3% in 2023. ▼ Falling

Latest (2023)
0.3%
Change on year
up 265.4%
World rank
152nd
of 205 countries
All-time high
0.5%
in 2010
All-time low
0.1%
in 2022
Years of data
18
2006–2023

Merchandise exports to low- and middle-income economies in South Asia in Serbia, 2006–2023

0.10.20.30.40.52006201420232006: 0.137 % of total merchandise exports2007: 0.291 % of total merchandise exports2008: 0.18 % of total merchandise exports2009: 0.164 % of total merchandise exports2010: 0.453 % of total merchandise exports2011: 0.223 % of total merchandise exports2012: 0.083 % of total merchandise exports2013: 0.314 % of total merchandise exports2014: 0.144 % of total merchandise exports2015: 0.305 % of total merchandise exports2016: 0.349 % of total merchandise exports2017: 0.351 % of total merchandise exports2018: 0.259 % of total merchandise exports2019: 0.128 % of total merchandise exports2020: 0.121 % of total merchandise exports2021: 0.128 % of total merchandise exports2022: 0.077 % of total merchandise exports2023: 0.283 % of total merchandise exports

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.

Analysis

Serbia recorded 0.3% for merchandise exports to low- and middle-income economies in south asia in 2023.

Compared with earlier readings it is up 265.4% on the previous year and down 9.7% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies in south asia in Serbia peaked at 0.5% in 2010 and was at its lowest, 0.1%, in 2022.

Serbia ranks 152nd of 205 countries on this measure, 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 South Asia in Serbia, year by year

Annual values for Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in Serbia, 2006 to 2023.
Year % of total merchandise exports Change
2006 0.1%
2007 0.3% +112.6%
2008 0.2% -38.1%
2009 0.2% -8.7%
2010 0.5% +175.7%
2011 0.2% -50.9%
2012 0.1% -62.8%
2013 0.3% +278.6%
2014 0.1% -54.1%
2015 0.3% +112.4%
2016 0.3% +14.3%
2017 0.4% +0.6%
2018 0.3% -26.1%
2019 0.1% -50.7%
2020 0.1% -5.0%
2021 0.1% +5.5%
2022 0.1% -39.5%
2023 0.3% +265.4%

Serbia compared with similar countries

  • Serbia's 0.3% is below the median for upper middle income countries, which is 1.3%, 22% of the median. (59 countries reporting)
  • Serbia's 0.3% is below the median for Europe & Central Asia, which is 0.5%, 55% of the median. (53 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.2% 0.1% 0.3% 4
2010s 0.3% 0.1% 0.5% 10
2020s 0.2% 0.1% 0.3% 4

Countries ranked near Serbia

  1. 149 Costa Rica 0.3% compare
  2. 150 Portugal 0.3% compare
  3. 151 Norway 0.3% compare
  4. 153 Slovenia 0.3% compare
  5. 154 Hungary 0.3% compare
  6. 155 San Marino 0.3% compare

See the full ranking of 252 places →

More private sector data for Serbia

All data for Serbia →

Frequently asked questions

What is merchandise exports to low- and middle-income economies in south asia in Serbia?
Merchandise exports to low- and middle-income economies in south asia in Serbia was 0.3% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports to low- and middle-income economies in south asia recorded in Serbia?
The highest recorded value was 0.5% in 2010.
What is the lowest merchandise exports to low- and middle-income economies in south asia recorded in Serbia?
The lowest recorded value was 0.1% in 2022.
How does Serbia rank for merchandise exports to low- and middle-income economies in south asia?
Serbia ranks 152nd out of 205 countries with data for 2023.
Is merchandise exports to low- and middle-income economies in south asia rising or falling in Serbia?
Over the last ten years it is down 9.7%. 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 South Asia (% of total merchandise exports). Statizoid updates them automatically from the source API.

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Merchandise exports to low- and middle-income economies in South Asia in Serbia. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-in-south-asia-percent-of-total/serbia/

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About this data

Indicator
Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 11,638 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia 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.