Serbia Current Account

Serbia recorded a Current Account deficit of 502 USD Million in October of 2024. Current Account in Serbia averaged -261.52 USD Million from 2001 until 2024, reaching an all time high of 276.80 USD Million in January of 2021 and a record low of -1073.40 USD Million in June of 2008. source: National Bank of Serbia

Related	Last	Previous	Unit	Reference
Balance of Trade	-949.50	-1019.50	USD Million	Nov 2024
Capital Flows	-419.00	-941.00	USD Million	Oct 2024
Current Account	-502.00	-995.00	USD Million	Oct 2024
Exports	2556.20	2857.10	USD Million	Nov 2024
External Debt	48069.50	45606.80	EUR Million	Jun 2024
Foreign Direct Investment	-239.00	-413.20	USD Million	Oct 2024
Imports	3505.70	3876.60	USD Million	Nov 2024

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-502.00	-995.00	276.80	-1073.40	2001 - 2024	USD Million	Monthly	Current Prices, NSA

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News Stream

Serbia Current Account Gap Widens in September

Serbia’s current account deficit widened to $1027 million in September 2024, the most since a record low in July 2008, from $111 million in the corresponding month of 2023. The goods gap increased to $771 million from $449 million and the primary income shortfall rose to $904 million from $415 million. Also, the services surplus narrowed to $216 million from $313 million and the secondary income surplus edged down to 431 million from 439 million.

2024-11-15

Serbia Current Account Deficit Widens in August

Serbia’s current account deficit widened to $605 million in August 2024, from a deficit of $70 million in the corresponding month of 2023. Deficit rose for the goods account ($-838 million vs $-472 million in August 2023), while surplus reduced for the services account ($147 million vs $231 million) and secondary income ($479 million vs $614 million). Conversely, the primary income gap narrowed ($-393 million vs $-443 million).

2024-10-18

Serbia Current Account Deficit Highest in 29 Months

Serbia’s current account deficit widened sharply to $845 million in July 2024, the largest since February 2022, from a deficit of $45 million in the corresponding month of 2023. Deficit rose for goods account ($-895 million vs $-440 million in July 2023) and primary income ($-495 million vs $-297 million). Additionally, surplus narrowed for services account ($4 million vs $101 million) and secondary income ($541 million vs $591 million).

2024-09-19