Serbia Trade to GDP Ratio 1995-2024

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 2023 was 124.27%, a 14.38% decline from 2022.
  • Serbia trade to gdp ratio for 2022 was 138.65%, a 20.88% increase from 2021.
  • Serbia trade to gdp ratio for 2021 was 117.77%, a 13.05% increase from 2020.
  • Serbia trade to gdp ratio for 2020 was 104.72%, a 7.24% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
North Macedonia 159.10%
Belarus 133.00%
Malaysia 131.84%
Thailand 129.15%
Serbia 124.27%
Fiji 120.93%
Montenegro 119.99%
Bulgaria 118.60%
Armenia 117.04%
Libya 109.93%
Namibia 109.61%
Mauritius 108.43%
Belize 106.48%
Bosnia 101.03%
Samoa 91.06%
Equatorial Guinea 87.13%
Albania 84.54%
Azerbaijan 83.62%
Romania 83.04%
Paraguay 82.99%
Gabon 74.14%
Mexico 74.12%
Costa Rica 70.29%
Botswana 67.37%
Turkey 66.96%
South Africa 65.72%
Ecuador 57.85%
Iran 55.54%
Peru 50.91%
Guatemala 50.13%
Dominican Republic 49.62%
Algeria 46.20%
Russia 41.83%
Colombia 40.48%
China 37.32%
Turkmenistan 35.17%
Brazil 33.85%
Serbia Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2023 124.27% -14.38%
2022 138.65% 20.88%
2021 117.77% 13.05%
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%