Serbia's changes in inventories (constant LCU) was 167.71 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 74.13% from 96.31 billion in 2015 (5.7% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 167.71 billion | 2025 |
| Five years earlier | 180.87 billion | 2020 |
| Ten years earlier | 96.31 billion | 2015 |
| Highest | 180.87 billion | 2020 |
| Lowest | -58.95 billion | 2012 |
| Average since 2016 | 132.61 billion | 2016–2025 |
| First recorded | 31.3 billion |
What the numbers say
In 2025, Serbia's changes in inventories (constant LCU) rose 74.8 billion on 2024 (from 92.91 billion to 167.71 billion).
Across the 29 yearly changes before that (1996 to 2024), the average change was +2.12 billion and a typical year strayed about 63.02 billion from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 115.31 billion in 2001 and the biggest yearly fall was 133.5 billion in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 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 2025, Serbia had the 18th highest value of the 63 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 2025 ranking
- Chad — 15th of 63: 299.39 billion
- Armenia — 16th of 63: 194.5 billion
- Nepal — 17th of 63: 189.17 billion
- Niger — 19th of 63: 134.73 billion
- Egypt, Arab Rep. — 20th of 63: 113.2 billion
- Mauritania — 21st of 63: 76.38 billion
What this measures
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 31 values
| Year | Changes in inventories (constant LCU) |
|---|---|
| 2025 | 167,712,488,500 |
| 2024 | 92,911,187,500 |
| 2023 | 84,912,380,300 |
| 2022 | 154,370,400,000 |
| 2021 | 124,526,000,000 |
| 2020 | 180,870,330,500 |
| 2019 | 178,144,705,900 |
| 2018 | 159,811,569,300 |
| 2017 | 114,626,189,700 |
| 2016 | 68,216,322,700 |
Changes in inventories (constant LCU) in nearby economies
- Albania — 20.11 billion (2024)
- Armenia — 194.5 billion (2025)
- Belarus — 4.88 billion (2024)
- Bosnia and Herzegovina — 1.2 billion (2024)
- Croatia — 1.32 billion (2025)
- Kosovo — 55.79 million (2024)
- Kyrgyz Republic — 24.81 billion (2025)
- North Macedonia — 12.68 billion (2023)
- Russian Federation — 1.82 trillion (2025)
- Ukraine — 56.73 billion (2025)
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 changes in inventories (constant LCU)?
- 167.71 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is up 435.83% from 31.3 billion in 1995 (5.75% a year on average, compounded). The highest value was 180.87 billion in 2020 and the lowest -58.95 billion in 2012.
- How does Serbia rank?
- 18th highest of 63 economies with data for 2025.
- Is the latest change in changes in inventories (constant LCU) unusual for Serbia?
- In 2025, Serbia's changes in inventories (constant LCU) rose 74.8 billion on 2024 (from 92.91 billion to 167.71 billion). Across the 29 yearly changes before that (1996 to 2024), the average change was +2.12 billion and a typical year strayed about 63.02 billion from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NE.GDI.STKB.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, 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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