Serbia's adjusted net savings, excluding particulate emission damage (% of GNI) was 6.04% in 2021, the latest year in the World Bank's World Development Indicators. That is up 10.46 percentage points from -4.43% in 2011.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 6.04% | 2021 |
| Five years earlier | 2.56% | 2016 |
| Ten years earlier | -4.43% | 2011 |
| Highest | 6.04% | 2021 |
| Lowest | -4.43% | 2011 |
| Average since 2012 | 2.45% | 2012–2021 |
| First recorded | -3.97% | 2007 |
What the numbers say
In 2021, Serbia's adjusted net savings, excluding particulate emission damage (% of GNI) rose 0.03 percentage points on 2020 (from 6.01% to 6.04%).
Across the 13 yearly changes before that (2008 to 2020), the average change was +0.77 percentage points and a typical year strayed about 2.83 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 5.56 percentage points in 2009 and the biggest yearly fall was 4.93 percentage points in 2011. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 the straight-line trend is upward, about 0.92 percentage points a year. A straight line explains 82% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Serbia had the 75th highest value of the 121 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Serbia in the 2021 ranking
- Russian Federation — 72nd of 121: 6.51%
- Comoros — 73rd of 121: 6.47%
- Australia — 74th of 121: 6.44%
- El Salvador — 76th of 121: 5.84%
- Eswatini — 77th of 121: 5.76%
- Iceland — 78th of 121: 5.71%
What this measures
Adjusted net savings are equal to net national savings plus education expenditure and minus energy depletion, mineral depletion, net forest depletion, and carbon dioxide. This series excludes particulate emissions damage. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 15 values
| Year | Adjusted net savings, excluding particulate emission damage (% of GNI) |
|---|---|
| 2021 | 6.04 |
| 2020 | 6.01 |
| 2019 | 3.85 |
| 2018 | 4.85 |
| 2017 | 1.49 |
| 2016 | 2.56 |
| 2015 | 2.87 |
| 2014 | 0.2177 |
| 2013 | 0.6563 |
| 2012 | -4.02 |
| 2011 |
Adjusted net savings, excluding particulate emission damage (% of GNI) in nearby economies
More economic policy & debt data for Serbia
- External debt stocks, total (DOD, current US$) — US$51.98 billion (2024)
- Use of IMF credit (DOD, current US$) — US$2.64 billion (2024)
- External debt stocks, long-term (DOD, current US$) — US$48.35 billion (2024)
- External debt stocks, private nonguaranteed (PNG) (DOD, current US$) — US$20.37 billion (2024)
- External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) — US$27.97 billion (2024)
- External debt stocks, short-term (DOD, current US$) — US$1 billion (2024)
- Short-term debt (% of total external debt) — 1.92% (2024)
- PPG, IBRD (DOD, current US$) — US$2.31 billion (2024)
- IBRD loans and IDA credits (DOD, current US$)
Reading data like this
Questions people ask
- What is Serbia's adjusted net savings, excluding particulate emission damage (% of GNI)?
- 6.04% in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 2007?
- It is up 10.01 percentage points from -3.97% in 2007. The highest value was 6.04% in 2021 and the lowest -4.43% in 2011.
- How does Serbia rank?
- 75th highest of 121 economies with data for 2021.
- Is the latest change in adjusted net savings, excluding particulate emission damage (% of GNI) unusual for Serbia?
- In 2021, Serbia's adjusted net savings, excluding particulate emission damage (% of GNI) rose 0.03 percentage points on 2020 (from 6.01% to 6.04%). Across the 13 yearly changes before that (2008 to 2020), the average change was +0.77 percentage points and a typical year strayed about 2.83 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.ADJ.SVNX.GN.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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