Merchandise imports from low- and middle-income economies in South in Serbia
Serbia: Merchandise imports from low- and middle-income economies in South was 1.3% in 2023. ▲ Rising
Merchandise imports from low- and middle-income economies in South 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 south in Serbia stood at 1.3%.
Compared with earlier readings it is up 10.7% on the previous year and up 21.2% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in south in Serbia peaked at 1.6% in 2020 and was at its lowest, 0.6%, in 2007.
That places Serbia 140th out of 205 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Merchandise imports from low- and middle-income economies in South in Serbia, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 2006 | 0.6% | — |
| 2007 | 0.6% | -7.4% |
| 2008 | 0.6% | +8.5% |
| 2009 | 0.8% | +32.5% |
| 2010 | 0.8% | +0.9% |
| 2011 | 0.9% | +10.5% |
| 2012 | 1.0% | +11.8% |
| 2013 | 1.1% | +4.4% |
| 2014 | 1.0% | -9.5% |
| 2015 | 1.1% | +10.0% |
| 2016 | 1.0% | -6.6% |
| 2017 | 1.2% | +19.1% |
| 2018 | 1.2% | -3.5% |
| 2019 | 1.0% | -10.2% |
| 2020 | 1.6% | +52.9% |
| 2021 | 1.1% | -31.2% |
| 2022 | 1.2% | +8.3% |
| 2023 | 1.3% | +10.7% |
Serbia compared with similar countries
- Serbia's 1.3% is below the median for upper middle income countries, which is 2.0%, 65% of the median. (59 countries reporting)
- Serbia's 1.3% is above the median for Europe & Central Asia, which is 1.3%, 1.0× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7% | 0.6% | 0.8% | 4 |
| 2010s | 1.0% | 0.8% | 1.2% | 10 |
| 2020s | 1.3% | 1.1% | 1.6% | 4 |
Countries ranked near Serbia
- 137 Belize 1.3% compare
- 138 Greece 1.3% compare
- 139 Turkmenistan 1.3% compare
- 141 Costa Rica 1.3% compare
- 142 North Macedonia 1.3% compare
- 143 Switzerland 1.3% 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 south in Serbia?
- Merchandise imports from low- and middle-income economies in south in Serbia was 1.3% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in south recorded in Serbia?
- The highest recorded value was 1.6% in 2020.
- What is the lowest merchandise imports from low- and middle-income economies in south recorded in Serbia?
- The lowest recorded value was 0.6% in 2007.
- How does Serbia rank for merchandise imports from low- and middle-income economies in south?
- Serbia ranks 140th out of 205 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in south rising or falling in Serbia?
- Over the last ten years it is up 21.2%. The long-run trend across the full record is rising.
- 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 South Asia (% of total merchandise imports). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South Asia 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.