Serbia's adjusted savings, consumption of fixed capital (current US$) was US$9.47 billion in 2021, the latest year in the World Bank's World Development Indicators. That is up 32.02% from US$7.17 billion in 2011 (2.82% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$9.47 billion | 2021 |
| Five years earlier | US$5.27 billion | 2016 |
| Ten years earlier | US$7.17 billion | 2011 |
| Highest | US$9.47 billion | 2021 |
| Lowest | US$1.15 billion | 2000 |
| Average since 2012 | US$6.62 billion | 2012–2021 |
| First recorded | US$3.45 billion |
What the numbers say
In 2021, Serbia's adjusted savings, consumption of fixed capital (current US$) rose 21.8% on 2020 (from US$7.78 billion to US$9.47 billion).
Across the 25 yearly changes before that (1996 to 2020), the average change was +8.4% and a typical year strayed about 33.8% from that (the standard deviation). This year's change was 0.4 standard deviations above 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 131.4% in 2001 and the biggest yearly fall was 68.2% in 2000. 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 US$305.92 million a year. A straight line explains 51% 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 70th highest value of the 194 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
- Luxembourg — 66th of 194: US$9.9 billion
- Guatemala — 67th of 194: US$9.84 billion
- Uzbekistan — 68th of 194: US$9.81 billion
- Latvia — 70th of 194: US$8.5 billion
- Ethiopia — 71st of 194: US$8.18 billion
- Lithuania — 72nd of 194: US$7.99 billion
What this measures
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 27 values
| Year | Adjusted savings, consumption of fixed capital (current US$) |
|---|---|
| 2021 | 9,471,006,542 |
| 2020 | 7,776,958,327 |
| 2019 | 7,237,737,710 |
| 2018 | 6,795,429,509 |
| 2017 | 5,826,915,518 |
| 2016 | 5,268,449,549 |
| 2015 | 5,088,363,899 |
| 2014 | 6,138,436,735 |
| 2013 | 6,349,411,830 |
| 2012 | 6,214,657,236 |
Adjusted savings, consumption of fixed capital (current US$) in nearby economies
- Albania — US$3.06 billion (2021)
- Andorra — US$348.2 million (2021)
- Armenia — US$1.74 billion (2021)
- Austria — US$94.51 billion (2021)
- Azerbaijan — US$4.64 billion (2021)
- Belarus — US$11.06 billion (2021)
- Belgium — US$115.77 billion (2021)
- Bosnia and Herzegovina — US$3.48 billion (2021)
- Bulgaria — US$11.87 billion (2021)
More economic policy & debt data for Serbia
- External debt stocks, total (DOD, current US$) — 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 savings, consumption of fixed capital (current US$)?
- US$9.47 billion in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is up 174.42% from US$3.45 billion in 1995 (3.96% a year on average, compounded). The highest value was US$9.47 billion in 2021 and the lowest US$1.15 billion in 2000.
- How does Serbia rank?
- 70th highest of 194 economies with data for 2021.
- Is the latest change in adjusted savings, consumption of fixed capital (current US$) unusual for Serbia?
- In 2021, Serbia's adjusted savings, consumption of fixed capital (current US$) rose 21.8% on 2020 (from US$7.78 billion to US$9.47 billion). Across the 25 yearly changes before that (1996 to 2020), the average change was +8.4% and a typical year strayed about 33.8% from that (the standard deviation). This year's change was 0.4 standard deviations above 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.DKAP.CD, 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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