Serbia Trade to GDP Ratio 1995-2023

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Serbia trade to gdp ratio for 2021 was 116.76%, a 12.04% increase from 2020.
  • Serbia trade to gdp ratio for 2020 was 104.72%, a 7.24% decline from 2019.
  • Serbia trade to gdp ratio for 2019 was 111.95%, a 2.46% increase from 2018.
  • Serbia trade to gdp ratio for 2018 was 109.49%, a 1.97% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
American Samoa 149.22%
North Macedonia 148.47%
Nauru 147.34%
Maldives 143.08%
Belarus 138.74%
Malaysia 130.57%
Bulgaria 120.97%
Serbia 116.76%
Thailand 116.66%
Marshall Islands 116.20%
Montenegro 105.03%
Equatorial Guinea 102.07%
Mauritius 97.79%
Bosnia 97.23%
Belize 96.59%
Botswana 94.48%
Romania 87.36%
Mexico 83.62%
Fiji 81.88%
Jordan 81.44%
Cuba 80.02%
Namibia 79.73%
Armenia 79.17%
Lebanon 78.83%
Azerbaijan 76.57%
Albania 74.54%
Tonga 73.37%
Jamaica 73.36%
Gabon 72.65%
Turkey 70.83%
Paraguay 70.80%
Costa Rica 70.61%
Iraq 61.82%
Samoa 60.89%
Kazakhstan 57.54%
South Africa 56.22%
Peru 55.50%
Algeria 52.97%
Dominican Republic 52.73%
Russia 52.17%
Ecuador 51.39%
Guatemala 49.86%
Iran 44.37%
Colombia 40.85%
Brazil 39.18%
China 37.47%
Serbia Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2021 116.76% 12.04%
2020 104.72% -7.24%
2019 111.95% 2.46%
2018 109.49% 1.97%
2017 107.53% 5.67%
2016 101.86% 4.46%
2015 97.40% 5.16%
2014 92.23% 4.31%
2013 87.92% 2.45%
2012 85.47% 6.66%
2011 78.81% 2.08%
2010 76.73% 10.71%
2009 66.02% -12.66%
2008 78.68% 3.07%
2007 75.61% -1.30%
2006 76.91% 3.89%
2005 73.02% -1.21%
2004 74.23% 13.06%
2003 61.17% 4.30%
2002 56.87% 0.32%
2001 56.55% 34.06%
2000 22.49% -3.57%
1999 26.06% -16.22%
1998 42.28% 7.72%
1997 34.56% 5.41%
1996 29.15% 15.76%
1995 13.39% 15.76%