External Debt in Serbia increased to 49025.60 EUR Million in the first quarter of 2025 from 48773.80 EUR Million in the fourth quarter of 2024. This dataset provides - Serbia External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Serbia External Debt

• Serbia External Debt reached 54.0 USD bn in Sep 2024, compared with 51.5 USD bn in the previous quarter.
• Serbia External Debt: USD mn data is updated quarterly, available from Mar 2003 to Sep 2024.
• The data reached an all-time high of 54.0 USD bn in Sep 2024 and a record low of 10.9 USD bn in Jun 2004.

CEIC converts quarterly External Debt into USD. The National Bank of Serbia provides External Debt in EUR based on BPM6. The Federal Reserve Board period end market exchange rate is used for currency conversions. External Debt prior to Q1 2012 is based on BPM5.


Related information about Serbia External Debt

• In the latest reports of Serbia, Current Account recorded a deficit of 501.5 USD mn in Oct 2024.
• Foreign Direct Investment (FDI) increased by 309.3 USD mn in Oct 2024.
• Serbia Direct Investment Abroad expanded by 70.3 USD mn in Oct 2024.
• Its Foreign Portfolio Investment fell by 251.1 USD mn in Sep 2024.
• The country's Nominal GDP was reported at 16.1 USD bn in Mar 2023.

Key information about Serbia External Debt: Short Term: % of GDP

• Serbia External Debt: Short Term accounted for 1.0 % of the country's Nominal GDP in 2023, compared with the ratio of 4.0 % in the previous year.
• Serbia External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 2000 to 2023.
• The data reached an all-time high of 5.7 % in 2009 and a record low of 0.3 % in 2014.

CEIC calculates Short Term External Debt as % of Nominal GDP from annual Short Term External Debt and annual Nominal GDP. The National Bank of Serbia provides Short Term External Debt in EUR. The Statistical Office of the Republic of Serbia provides Nominal GDP in EUR.


Related information about Serbia External Debt: Short Term: % of GDP

• In the latest reports of Serbia, Current Account recorded a deficit of 845.2 USD mn in Jul 2024.
• Foreign Direct Investment (FDI) increased by 546.6 USD mn in Jul 2024.
• Serbia Direct Investment Abroad expanded by 36.1 USD mn in Jul 2024.
• Its Foreign Portfolio Investment increased by 1.3 USD bn in Jun 2024.
• Serbia External Debt: Short Term value stood at 1.0 USD bn in Dec 2023.
• The country's Nominal GDP was reported at 16.1 USD bn in Mar 2023.

Serbia: External debt, percent of Gross National Income: The latest value from 2022 is 73.12 percent, an increase from 67.86 percent in 2021. In comparison, the world average is 56.76 percent, based on data from 113 countries. Historically, the average for Serbia from 1997 to 2022 is 72.16 percent. The minimum value, 41.3 percent, was reached in 1997 while the maximum of 168.32 percent was recorded in 2000.

Historical chart and dataset showing Serbia external debt by year from 1970 to 2023.

Serbia recorded a Government Debt to GDP of 47.20 percent of the country's Gross Domestic Product in 2024. This dataset provides - Serbia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Serbia RS: External Debt: Average Maturity on New External Debt Commitments: Official data was reported at 12.835 Year in 2016. This records a decrease from the previous number of 17.760 Year for 2015. Serbia RS: External Debt: Average Maturity on New External Debt Commitments: Official data is updated yearly, averaging 15.406 Year from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 23.264 Year in 2004 and a record low of 0.000 Year in 1998. Serbia RS: External Debt: Average Maturity on New External Debt Commitments: Official data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Serbia – Table RS.World Bank: External Debt: Terms and Undisbursed Debt. Maturity is the number of years to original maturity date, which is the sum of grace and repayment periods. Grace period for principal is the period from the date of signature of the loan or the issue of the financial instrument to the first repayment of principal. The repayment period is the period from the first to last repayment of principal. To obtain the average, the maturity for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Debt from official creditors includes loans from international organizations (multilateral loans) and loans from governments (bilateral loans). Loans from international organization include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Government loans include loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies.; ; World Bank, International Debt Statistics.; Weighted average;

External debt stocks (% of GNI) in Serbia was reported at 63.53 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Serbia - External debt stocks (% of GNI) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Debt service on external debt, total (TDS, current US$) in Serbia was reported at 6063362907 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Serbia - Debt service on external debt, total (TDS, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) in Serbia was reported at 2105208264 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Serbia - Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Key information about Serbia External Debt: Short Term

• Serbia External Debt: Short Term value stood at 1.0 USD bn in Sep 2024, compared with 958.2 USD mn in the previous quarter.
• Serbia External Debt: Short Term data is updated quarterly, available from Mar 2003 to Sep 2024.
• The data reached an all-time high of 3.0 USD bn in Dec 2008 and a record low of 119.3 USD mn in Dec 2014.

CEIC converts quarterly Short Term External Debt into USD. The National Bank of Serbia provides Short Term External Debt in EUR based on BPM6. The Federal Reserve Board period end market exchange rate is used for currency conversions. Short Term External Debt prior to Q1 2012 is based on BPM5.


Related information about Serbia External Debt: Short Term

• In the latest reports of Serbia, Current Account recorded a deficit of 501.5 USD mn in Oct 2024.
• Foreign Direct Investment (FDI) increased by 309.3 USD mn in Oct 2024.
• Serbia Direct Investment Abroad expanded by 70.3 USD mn in Oct 2024.
• Its Foreign Portfolio Investment fell by 251.1 USD mn in Sep 2024.
• The country's Nominal GDP was reported at 16.1 USD bn in Mar 2023.

Present value of external debt (current US$) in Serbia was reported at 21725736069 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Serbia - Present value of external debt - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) in Serbia was reported at 25557855692 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Serbia - External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Serbia Domestic Debt: ow Frozen Foreign Currency Bonds data was reported at 388,167.000 EUR th in Oct 2018. This records a decrease from the previous number of 388,969.000 EUR th for Sep 2018. Serbia Domestic Debt: ow Frozen Foreign Currency Bonds data is updated monthly, averaging 2,184,764.000 EUR th from Sep 2004 (Median) to Oct 2018, with 166 observations. The data reached an all-time high of 3,690,480.000 EUR th in Sep 2004 and a record low of 388,167.000 EUR th in Oct 2018. Serbia Domestic Debt: ow Frozen Foreign Currency Bonds data remains active status in CEIC and is reported by Ministry of Finance - Public Debt Administration. The data is categorized under Global Database’s Serbia – Table RS.F007: Government Debt.

Short-term debt (% of total external debt) in Serbia was reported at 1.9788 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Serbia - Short-term debt (% of total external debt) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

External debt stocks, private nonguaranteed (PNG) (DOD, current US$) in Serbia was reported at 19759640000 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Serbia - External debt stocks, private nonguaranteed (PNG) (DOD, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Graph and download economic data for Amount Outstanding Due within One Year of International Debt Securities for All Issuers, Nationality of Issuer in Serbia and Montenegro (DISCONTINUED) (IDS1MNIAOAICS) from Q3 1993 to Q3 2013 about Serbia, 1-year, debt, and securities.

Net flows on external debt, private nonguaranteed (PNG) (NFL, current US$) in Serbia was reported at 1721749000 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Serbia - Net flows on external debt, private nonguaranteed (PNG) (NFL, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

External debt stocks, total (DOD, current US$) in Serbia was reported at 49000132003 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Serbia - External debt stocks, total (DOD, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

External debt stocks, long-term (DOD, current US$) in Serbia was reported at 45317495692 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Serbia - External debt stocks, long-term (DOD, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.