Merchandise imports from low- and middle-income economies in Latin in Serbia
Serbia: Merchandise imports from low- and middle-income economies in Latin was 0.8% in 2023. ◆ Volatile
Merchandise imports from low- and middle-income economies in Latin in Serbia, 2006–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
In 2023, merchandise imports from low- and middle-income economies in latin in Serbia stood at 0.8%.
The figure is up 3.3% on the previous year and down 6.8% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in Serbia peaked at 3.9% in 2020 and was at its lowest, 0.8%, in 2019.
That places Serbia 146th out of 206 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports from low- and middle-income economies in Latin in Serbia, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 2006 | 1.5% | — |
| 2007 | 1.2% | -17.9% |
| 2008 | 1.2% | -3.9% |
| 2009 | 1.2% | +3.4% |
| 2010 | 1.1% | -11.7% |
| 2011 | 0.9% | -14.2% |
| 2012 | 0.9% | -0.6% |
| 2013 | 0.9% | -8.2% |
| 2014 | 1.0% | +12.7% |
| 2015 | 0.9% | -2.8% |
| 2016 | 0.9% | -0.4% |
| 2017 | 1.1% | +14.0% |
| 2018 | 0.8% | -23.6% |
| 2019 | 0.8% | -7.8% |
| 2020 | 3.9% | +412.5% |
| 2021 | 0.8% | -79.4% |
| 2022 | 0.8% | -2.6% |
| 2023 | 0.8% | +3.3% |
Serbia compared with similar countries
- Serbia's 0.8% is below the median for upper middle income countries, which is 2.4%, 33% of the median. (59 countries reporting)
- Serbia's 0.8% is below the median for Europe & Central Asia, which is 1.2%, 65% of the median. (53 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports from low- and middle-income economies in Latin 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 |
|---|---|---|---|
| 2020 | +412.5% | 0.8% | 3.9% |
| 2021 | -79.4% | 3.9% | 0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.3% | 1.2% | 1.5% | 4 |
| 2010s | 0.9% | 0.8% | 1.1% | 10 |
| 2020s | 1.6% | 0.8% | 3.9% | 4 |
Countries ranked near Serbia
- 143 Sweden 0.8% compare
- 144 Cyprus 0.8% compare
- 145 Congo, Democratic Republic of the 0.8% compare
- 147 Faroe Islands 0.8% compare
- 148 Chad 0.8% compare
- 149 Korea, Democratic People's Republic of 0.8% 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 imports from low- and middle-income economies in latin in Serbia?
- Merchandise imports from low- and middle-income economies in latin in Serbia was 0.8% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in latin recorded in Serbia?
- The highest recorded value was 3.9% in 2020.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Serbia?
- The lowest recorded value was 0.8% in 2019.
- How does Serbia rank for merchandise imports from low- and middle-income economies in latin?
- Serbia ranks 146th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in Serbia?
- Over the last ten years it is down 6.8%. 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 imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports). 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 imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.