Merchandise exports to low- and middle-income economies within region in Serbia
Serbia: Merchandise exports to low- and middle-income economies within region was 18.9% in 2023. ▼ Falling
Merchandise exports to low- and middle-income economies within region 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 within region in Serbia stood at 18.9%.
Compared with earlier readings it is up 0.8% on the previous year and down 15.2% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies within region in Serbia peaked at 31.8% in 2008 and was at its lowest, 16.1%, in 2019.
Serbia ranks 86th of 203 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 within region in Serbia, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 2006 | 22.3% | — |
| 2007 | 31.1% | +39.8% |
| 2008 | 31.8% | +2.3% |
| 2009 | 31.4% | -1.4% |
| 2010 | 29.1% | -7.4% |
| 2011 | 27.3% | -6.2% |
| 2012 | 25.6% | -6.3% |
| 2013 | 22.3% | -12.7% |
| 2014 | 21.9% | -1.7% |
| 2015 | 21.4% | -2.3% |
| 2016 | 20.4% | -5.0% |
| 2017 | 18.8% | -7.8% |
| 2018 | 16.3% | -13.5% |
| 2019 | 16.1% | -0.7% |
| 2020 | 19.0% | +17.8% |
| 2021 | 18.5% | -2.6% |
| 2022 | 18.8% | +1.4% |
| 2023 | 18.9% | +0.8% |
Serbia compared with similar countries
- Serbia's 18.9% is above the median for upper middle income countries, which is 15.5%, 1.2× the median. (59 countries reporting)
- Serbia's 18.9% is above the median for Europe & Central Asia, which is 6.9%, 2.8× the median. (53 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies within region in Serbia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +39.8% | 22.3% | 31.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.2% | 22.3% | 31.8% | 4 |
| 2010s | 21.9% | 16.1% | 29.1% | 10 |
| 2020s | 18.8% | 18.5% | 19.0% | 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 within region in Serbia?
- Merchandise exports to low- and middle-income economies within region in Serbia was 18.9% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies within region recorded in Serbia?
- The highest recorded value was 31.8% in 2008.
- What is the lowest merchandise exports to low- and middle-income economies within region recorded in Serbia?
- The lowest recorded value was 16.1% in 2019.
- How does Serbia rank for merchandise exports to low- and middle-income economies within region?
- Serbia ranks 86th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies within region rising or falling in Serbia?
- Over the last ten years it is down 15.2%. 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 within region (% 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 within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.