Serbia's external debt stocks, short-term (DOD, current US$) was US$1 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 87.88% from US$532.61 million in 2014 (6.51% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1 billion | 2024 |
| Five years earlier | US$2.16 billion | 2019 |
| Ten years earlier | US$532.61 million | 2014 |
| Highest | US$5.3 billion | 2001 |
| Lowest | US$205 million | 1970 |
| Average since 2015 | US$1.48 billion | 2015–2024 |
| First recorded | US$205 million |
What the numbers say
In 2024, Serbia's external debt stocks, short-term (DOD, current US$) rose 3.2% on 2023 (from US$969.66 million to US$1 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +6.1% and a typical year strayed about 39.9% from that (the standard deviation). This year's change was 0.1 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 273% in 1992 and the biggest yearly fall was 62.1% in 2023. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 11% 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 2024, Serbia had the 60th highest value of the 118 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.
| Value | Year | |
|---|---|---|
| Serbia | US$1 billion | 2024 |
| Upper middle income | US$1.99 trillion | 2024 |
Closest to Serbia in the 2024 ranking
- Mozambique — 56th of 118: US$1.21 billion
- Lao PDR — 57th of 118: US$1.1 billion
- Fiji — 58th of 118: US$1.05 billion
- Cameroon — 60th of 118: US$950.9 million
- Tajikistan — 61st of 118: US$871.16 million
- Somalia, Fed. Rep. — 62nd of 118: US$752.01 million
What this measures
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 55 values
| Year | External debt stocks, short-term (DOD, current US$) |
|---|---|
| 2024 | 1,000,649,000 |
| 2023 | 969,657,000 |
| 2022 | 2,560,626,000 |
| 2021 | 1,993,299,000 |
| 2020 | 1,902,225,000 |
| 2019 | 2,162,032,000 |
| 2018 | 1,633,293,000 |
| 2017 | 1,008,932,000 |
| 2016 | 708,657,000 |
| 2015 | 887,827,000 |
External debt stocks, short-term (DOD, current US$) in nearby economies
- Albania — US$1.24 billion (2024)
- Armenia — US$3.5 billion (2024)
- Azerbaijan — US$218.43 million (2024)
- Belarus — US$9.93 billion (2024)
- Bosnia and Herzegovina — US$3.07 billion (2024)
- Bulgaria — US$9.99 billion (2022)
- Georgia — US$4.73 billion (2024)
- Kazakhstan — US$19.59 billion (2024)
- Kosovo — US$1.56 billion (2024)
- Kyrgyz Republic
More economic policy & debt data for Serbia
- External debt stocks, total (DOD, current US$) — 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$27.97 billion (2024)
- Short-term debt (% of total external debt) — 1.92% (2024)
- PPG, IBRD (DOD, current US$) — US$2.31 billion (2024)
- IBRD loans and IDA credits (DOD, current US$) — US$2.32 billion (2024)
- IFC, private nonguaranteed (NFL, current US$)
Reading data like this
Questions people ask
- What is Serbia's external debt stocks, short-term (DOD, current US$)?
- US$1 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 388.12% from US$205 million in 1970 (2.98% a year on average, compounded). The highest value was US$5.3 billion in 2001 and the lowest US$205 million in 1970.
- How does Serbia rank?
- 60th highest of 118 economies with data for 2024.
- Is the latest change in external debt stocks, short-term (DOD, current US$) unusual for Serbia?
- In 2024, Serbia's external debt stocks, short-term (DOD, current US$) rose 3.2% on 2023 (from US$969.66 million to US$1 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +6.1% and a typical year strayed about 39.9% from that (the standard deviation). This year's change was 0.1 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 DT.DOD.DSTC.CD, licensed CC BY 4.0. Original source: International Debt Statistics, 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in