Serbia: Adjusted savings, net forest depletion (current US$)

Key figures

What the numbers say

In 2021, Serbia's adjusted savings, net forest depletion (current US$) did not change US$0 on 2020 (from US$0 to US$0).

Across the 14 yearly changes before that (2007 to 2020), the average change was −US$696,008 and a typical year strayed about US$17.02 million from that (the standard deviation). This year's change was 0.0 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 US$48.32 million in 2010 and the biggest yearly fall was US$33.88 million 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 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

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 112th highest value of the 183 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

• Romania — 165th of 183: US$0
• Russian Federation — 166th of 183: US$0
• Senegal — 167th of 183: US$0
• Slovak Republic — 169th of 183: US$0
• Solomon Islands — 170th of 183: US$0
• South Africa — 171st of 183: US$0

What this measures

Net forest depletion is calculated as the product of unit resource rents and the excess of roundwood harvest over natural growth. 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 16 values

Adjusted savings, net forest depletion (current US$) in nearby economies

• Albania — US$25.28 million (2021)
• Armenia — US$37.11 million (2021)
• Austria — US$140.28 million (2021)
• Azerbaijan — US$0 (2021)
• Belarus — US$0 (2021)
• Belgium — US$44.61 million (2021)
• Bosnia and Herzegovina — US$0 (2021)
• Bulgaria — US$0 (2021)
• Croatia — US$104.98 million (2021)
• Cyprus

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

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Questions people ask

What is Serbia's adjusted savings, net forest depletion (current US$)?

US$0 in 2021, according to the World Bank (World Development Indicators).

How has it changed since 2006?

It is down 100% from US$9.74 million in 2006. The highest value was US$48.32 million in 2010 and the lowest US$0 in 2008.

How does Serbia rank?

112th highest of 183 economies with data for 2021.

Is the latest change in adjusted savings, net forest depletion (current US$) unusual for Serbia?

In 2021, Serbia's adjusted savings, net forest depletion (current US$) did not change US$0 on 2020 (from US$0 to US$0). Across the 14 yearly changes before that (2007 to 2020), the average change was −US$696,008 and a typical year strayed about US$17.02 million from that (the standard deviation). This year's change was 0.0 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.DFOR.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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