Serbia's gross savings (% of GNI) was 20.24% in 2025, the latest year in the World Bank's World Development Indicators. That is up 3.21 percentage points from 17.02% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 20.24% | 2025 |
| Five years earlier | 21.08% | 2020 |
| Ten years earlier | 17.02% | 2015 |
| Highest | 23.8% | 2023 |
| Lowest | 9.38% | 2008 |
| Average since 2016 | 20.39% | 2016–2025 |
| First recorded | 10.82% | 2007 |
What the numbers say
In 2025, Serbia's gross savings (% of GNI) fell 1.78 percentage points on 2024 (from 22.02% to 20.24%).
Across the 17 yearly changes before that (2008 to 2024), the average change was +0.66 percentage points and a typical year strayed about 2.27 percentage points from that (the standard deviation). This year's change was 1.1 standard deviations below 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 5.61 percentage points in 2009 and the biggest yearly fall was 3.22 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 2016 to 2025 the straight-line trend is upward, about 0.56 percentage points a year. A straight line explains 58% 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 2025, Serbia had the 66th highest value of the 100 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 | 20.24% | 2025 |
| World | 26.55% | 2024 |
| Europe & Central Asia | 24.63% | 2025 |
| Upper middle income | 35.38% | 2024 |
Closest to Serbia in the 2025 ranking
- Cabo Verde — 63rd of 100: 21.42%
- France — 64th of 100: 21.24%
- Croatia — 65th of 100: 21.23%
- Bosnia and Herzegovina — 67th of 100: 20.2%
- Latvia — 68th of 100: 20.17%
- Luxembourg — 69th of 100: 19.94%
What this measures
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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 19 values
| Year | Gross savings (% of GNI) |
|---|---|
| 2025 | 20.24 |
| 2024 | 22.02 |
| 2023 | 23.8 |
| 2022 | 21.47 |
| 2021 | 22.3 |
| 2020 | 21.08 |
| 2019 | 19.27 |
| 2018 | 19.72 |
| 2017 | 16.74 |
| 2016 | 17.29 |
| 2015 |
Gross savings (% 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 gross savings (% of GNI)?
- 20.24% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2007?
- It is up 9.42 percentage points from 10.82% in 2007. The highest value was 23.8% in 2023 and the lowest 9.38% in 2008.
- How does Serbia rank?
- 66th highest of 100 economies with data for 2025.
- Is the latest change in gross savings (% of GNI) unusual for Serbia?
- In 2025, Serbia's gross savings (% of GNI) fell 1.78 percentage points on 2024 (from 22.02% to 20.24%). Across the 17 yearly changes before that (2008 to 2024), the average change was +0.66 percentage points and a typical year strayed about 2.27 percentage points from that (the standard deviation). This year's change was 1.1 standard deviations below 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 NY.GNS.ICTR.GN.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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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