Travel services (% of commercial service exports) in Serbia
Serbia: Travel services (% of commercial service exports) was 19.1% in 2025. ▼ Falling
Travel services in Serbia, 2007–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
Serbia recorded 19.1% for travel services in 2025.
Compared with earlier readings it is down 2.4% on the previous year and down 14.0% over ten years.
Over the whole period, travel services in Serbia peaked at 27.6% in 2007 and was at its lowest, 17.6%, in 2020.
Serbia ranks 144th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Travel services (% of commercial service exports) in Serbia, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 2007 | 27.6% | — |
| 2008 | 23.5% | -14.9% |
| 2009 | 24.9% | +5.8% |
| 2010 | 22.7% | -8.6% |
| 2011 | 23.6% | +3.7% |
| 2012 | 23.2% | -1.5% |
| 2013 | 23.2% | -0.2% |
| 2014 | 22.7% | -2.1% |
| 2015 | 22.2% | -2.4% |
| 2016 | 22.8% | +2.9% |
| 2017 | 22.6% | -0.8% |
| 2018 | 21.7% | -4.1% |
| 2019 | 20.7% | -4.6% |
| 2020 | 17.6% | -15.1% |
| 2021 | 20.5% | +16.3% |
| 2022 | 22.2% | +8.7% |
| 2023 | 19.4% | -12.6% |
| 2024 | 19.5% | +0.4% |
| 2025 | 19.1% | -2.4% |
Serbia compared with similar countries
- Serbia's 19.1% is below the median for upper middle income countries, which is 49.0%, 39% of the median. (55 countries reporting)
- Serbia's 19.1% is below the median for Europe & Central Asia, which is 20.5%, 93% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.4% | 23.5% | 27.6% | 3 |
| 2010s | 22.5% | 20.7% | 23.6% | 10 |
| 2020s | 19.7% | 17.6% | 22.2% | 6 |
Countries ranked near Serbia
- 141 Brazil 19.5% compare
- 142 North Macedonia 19.1% compare
- 143 Tajikistan 19.1% compare
- 145 Malawi 18.7% compare
- 146 Cayman Islands 17.8% compare
- 147 United States 17.7% 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)
- Commercial service imports 14.52 billion current US$ (2025)
- Food exports 18.6% (2007)
- Manufactures exports 65.9% (2007)
- Merchandise exports 37.31 billion current US$ (2025)
- Commercial service exports 17.22 billion current US$ (2025)
- Merchandise exports (current US$), per capita 5,698 current US$ per person (2025)
Frequently asked questions
- What is travel services in Serbia?
- Travel services in Serbia was 19.1% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Serbia?
- The highest recorded value was 27.6% in 2007.
- What is the lowest travel services recorded in Serbia?
- The lowest recorded value was 17.6% in 2020.
- How does Serbia rank for travel services?
- Serbia ranks 144th out of 198 countries with data for 2025.
- Is travel services rising or falling in Serbia?
- Over the last ten years it is down 14.0%. The long-run trend across the full record is falling.
- Where does this Serbia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Travel services (% of commercial service exports). Statizoid updates them automatically from the source API.
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About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.