Serbia’s current account deficit rose to USD 249.9 million in September of 2018 from USD 103.2 million in the corresponding month of the previous year. The goods shortfall widened sharply to USD 436.6 million from USD 247.2 million a year earlier while the primary income gap declined to USD 257.4 million from USD 285.9 million. Meanwhile, the secondary income surplus went down USD 321.4 million from USD 347.6 million and the services surplus increased to USD 122.7 million from USD 82.3 million in September of 2017. In the January to September period, the current account gap widened 27.6 percent to SUD 1,822 million from USD 1,428 million in the same period of 2017. Current Account in Serbia averaged -258.82 USD Million from 2001 until 2018, reaching an all time high of 178 USD Million in November of 2010 and a record low of -1073.40 USD Million in June of 2008.

Current Account in Serbia is expected to be -200.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Serbia to stand at -120.00 in 12 months time. In the long-term, the Serbia Current Account is projected to trend around -280.00 USD Million in 2020, according to our econometric models.

Serbia Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-19 10:00 AM Current Account $-176.9M $-149.4M $ -190M
2018-10-19 01:00 PM Current Account $-135.4M $-184.3M $ -185M
2018-11-15 02:00 PM Current Account $-249.9M $-130.1M $ -90M
2018-12-20 11:00 AM Current Account $-249.9M $ -95M


Serbia Trade Last Previous Highest Lowest Unit
Balance of Trade -467.90 -554.50 -161.00 -1364.00 USD Million [+]
Exports 1617.30 1490.00 1795.70 116.00 USD Million [+]
Imports 2085.20 2044.50 2507.00 292.00 USD Million [+]
Current Account -249.90 -130.10 178.00 -1073.40 USD Million [+]
Current Account to GDP -5.70 -3.10 2.00 -21.10 percent [+]
External Debt 26107.90 25412.70 26582.00 8961.90 EUR Million [+]
Capital Flows -215.00 -67.00 114.00 -705.00 USD Million [+]
Gold Reserves 19.80 19.50 31.40 9.80 Tonnes [+]
Terrorism Index 0.04 0.09 2.96 0.00 [+]
Tourist Arrivals 227126.00 205112.00 227126.00 29180.00 [+]
Weapons Sales 2.00 23.00 45.00 1.00 USD Million [+]
Foreign Direct Investment 277.10 113.70 3322.60 -476.60 EUR Million [+]
Crude Oil Production 17.00 17.00 21.00 13.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Serbia Current Account

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). This page provides the latest reported value for - Serbia Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Serbia Current Account - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-249.90 -130.10 178.00 -1073.40 2001 - 2018 USD Million Monthly
Current Prices, NSA




Country Last
Argentina -8292.00 Jun/18
Australia -13472.00 Jun/18
Brazil 31.80 Sep/18
Canada -15880.00 Jun/18
China 160.00 Sep/18
Euro Area 24.07 Sep/18
France -1918.00 Sep/18
Germany 21141.17 Sep/18
India -15807.13 Jun/18
Indonesia -8846.10 Sep/18
Italy 3154.00 Sep/18
Japan 1821.60 Sep/18
Mexico -3882.10 Jun/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 22832.40 Jun/18
South Africa -163760.00 Jun/18
South Korea 10831.40 Sep/18
Spain 1830.00 Aug/18
Switzerland 22143.83 Jun/18
Turkey 1830.00 Sep/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


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