Serbia’s current account gap decreased to USD 229.91 million in November of 2018 from USD 292.17 million in the corresponding month of the previous year. The services surplus fell to USD 126.26 million from USD 130.14 million and the goods deficit rose to USD 530.26 million from USD 488.71 million a year earlier. On the other hand, the secondary income surplus advanced to USD 383.42 million from USD 323.35 million and the primary income shortfall narrowed to USD 209.33 million from USD 256.94 million in November of 2017. Current Account in Serbia averaged -258.40 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 -300.00 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 -250.00 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
2018-10-19 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 12:15 PM Current Account $-169.1M $-236M $ -95M
2019-01-11 12:00 PM Current Account $-230M $-164.7M
2019-02-14 12:00 PM Current Account $-230M $ -200M
2019-03-22 12:00 PM Current Account
2019-04-19 11:00 AM Current Account


Serbia Trade Last Previous Highest Lowest Unit
Balance of Trade -573.70 -756.90 -161.00 -1364.00 USD Million [+]
Current Account -229.90 -164.70 178.00 -1073.40 USD Million [+]
Current Account to GDP -5.70 -3.10 2.00 -21.10 percent [+]
Imports 2219.40 2455.40 2507.00 292.00 USD Million [+]
Exports 1645.70 1698.40 1795.70 116.00 USD Million [+]
External Debt 26517.40 26109.90 26582.00 8961.90 EUR Million [+]
Capital Flows -157.00 -95.00 89.00 -705.00 USD Million [+]
Gold Reserves 20.20 19.80 31.40 9.80 Tonnes [+]
Terrorism Index 0.04 0.09 2.96 0.00 [+]
Tourist Arrivals 174166.00 227126.00 227126.00 29180.00 [+]
Weapons Sales 2.00 23.00 45.00 1.00 USD Million [+]
Foreign Direct Investment 119.70 270.40 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-229.90 -164.70 178.00 -1073.40 2001 - 2018 USD Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -7591.00 Sep/18
Australia -10688.00 Sep/18
Brazil -795.30 Nov/18
Canada -10343.00 Sep/18
China 233.00 Sep/18
Euro Area 26.63 Oct/18
France -2756.00 Nov/18
Germany 21400.00 Nov/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 6081.00 Oct/18
Japan 757.22 Nov/18
Mexico -5081.50 Sep/18
Netherlands 20484.80 Sep/18
Russia 27664.00 Sep/18
Saudi Arabia 29583.00 Sep/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 5063.40 Nov/18
Spain 294.00 Oct/18
Switzerland 14596.00 Sep/18
Turkey 986.00 Nov/18
United Kingdom -26522.00 Sep/18
United States -124817.00 Sep/18


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