Serbia: Trade openness

* indicates monthly or quarterly data series
 Serbia

Trade openness: exports plus imports as percent of GDP

 Latest value 112.92
 Year 2025
 Measure percent
 Data availability 1995 - 2025
 Average 75.82
 Min - Max 12.57 - 131.91
 Source The World Bank
 Available for Data download
The latest value from 2025 is 112.92 percent, an increase from 111.73 percent in 2024. In comparison, the world average is 90.55 percent, based on data from 135 countries. Historically, the average for Serbia from 1995 to 2025 is 75.82 percent. The minimum value, 12.57 percent, was reached in 1995 while the maximum of 131.91 percent was recorded in 2022. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Serbia: Trade openness
 2025 112.92
 2024 111.73
 2023 114.49
 2022 131.91
 2021 112.34
 2020 100.32
 2019 107.58
 2018 105.56




Definition: Exports plus imports as percent of GDP.

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 Related indicators Latest Reference Measure
 Terms of trade 102.50 2024 percent
 Trade openness 112.92 2025 percent
 Exports, percent of GDP 54.31 2025 percent
 Exports, billion dollars 54.29 2025 billion U.S. dollars
 Growth of exports 5.63 2025 percent
 Imports, percent of GDP 58.61 2025 percent
 Imports, billion dollars 58.58 2025 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 3.94 2025 percent
 Foreign Direct Investment, billion dollars 5.59 2024 billion U.S. dollars
 Portfolio investment inflows, equities 3.24 2025 million dollars (current)
 Current account, percent of GDP -4.90 2025 percent
 Current account, in dollars -4.90 2025 billion U.S. dollars
 Trade balance, percent of GDP -4.30 2025 percent
 Trade balance, in dollars -4.71 2025 billion U.S. dollars
 Reserves 34.15 2025 billion U.S. dollars
 Remittances, percent of GDP 6.56 2025 percent
 Remittances 6,557.62 2025 million U.S. dollars
 Net errors and omissions -564.11 2025 million USD
 External debt 60.24 2023 percent
 Short-term external debt 1.98 2023 percent
 Short-term debt to reserves 3.52 2023 percent
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