Serbia: International tourism, expenditures for passenger transport items (current US$)

Key figures

What the numbers say

In 2020, Serbia's international tourism, expenditures for passenger transport items (current US$) fell 67% on 2019 (from US$194 million to US$64 million).

Across the 12 yearly changes before that (2008 to 2019), the average change was +2.4% and a typical year strayed about 13.3% from that (the standard deviation). This year's change was 5.2 standard deviations below that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 22.4% in 2008 and the biggest yearly fall was 67% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2011 to 2020 there is no clear straight-line trend: a straight line explains 7% 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 2020, Serbia had the 65th highest value of the 123 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 2020 ranking

• Honduras — 62nd of 123: US$67 million
• Slovak Republic — 63rd of 123: US$67 million
• Czechia — 64th of 123: US$65 million
• Bahamas, The — 66th of 123: US$56 million
• Bolivia — 67th of 123: US$51 million
• Bosnia and Herzegovina — 68th of 123: US$51 million

What this measures

International tourism expenditures for passenger transport items are expenditures of international outbound visitors in other countries for all services provided during international transportation by nonresident carriers. Also included are passenger services performed within an economy by nonresident carriers. Excluded are passenger services provided to nonresidents by resident carriers within the resident economies; these are included in travel items. In addition to the services covered by passenger fares--including fares that are a part of package tours but excluding cruise fares, which are included in travel--passenger services include such items as charges for excess baggage, vehicles, or other personal accompanying effects and expenditures for food, drink, or other items for which passengers make expenditures while on board carriers. Data are in current U.S. dollars.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 14 values

International tourism, expenditures for passenger transport items (current US$) in nearby economies

• Albania — US$42 million (2020)
• Armenia — US$23 million (2020)
• Austria — US$648 million (2020)
• Azerbaijan — US$27 million (2020)
• Belarus — US$32 million (2020)
• Belgium — US$893 million (2020)
• Bosnia and Herzegovina — US$51 million (2020)
• Bulgaria — US$215 million (2020)

More private sector & trade data for Serbia

• Merchandise trade (% of GDP) — 84.58% (2025)
• Merchandise imports (current US$) — US$47.23 billion (2025)
• Merchandise exports (current US$) — US$37.31 billion (2025)
• New business density (new registrations per 1,000 people ages 15-64) — 2.12 (2024)
• New businesses registered (number) — 8,788 (2024)
• International tourism, number of arrivals — 446,000 (2020)
• International tourism, receipts (current US$) — US$1.42 billion (2020)
• International tourism, expenditures (current US$) — US$1.18 billion (2020)
• Insurance and financial services (% of commercial service imports) — 1.66% (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Serbia's international tourism, expenditures for passenger transport items (current US$)?

US$64 million in 2020, according to the World Bank (World Development Indicators).

How has it changed since 2007?

It is down 60.25% from US$161 million in 2007 (6.85% a year on average, compounded). The highest value was US$197 million in 2008 and the lowest US$64 million in 2020.

How does Serbia rank?

65th highest of 123 economies with data for 2020.

Is the latest change in international tourism, expenditures for passenger transport items (current US$) unusual for Serbia?

In 2020, Serbia's international tourism, expenditures for passenger transport items (current US$) fell 67% on 2019 (from US$194 million to US$64 million). Across the 12 yearly changes before that (2008 to 2019), the average change was +2.4% and a typical year strayed about 13.3% from that (the standard deviation). This year's change was 5.2 standard deviations below that average, so it was unusually large compared with the rest of the record.

Source

World Bank, World Development Indicators, indicator ST.INT.TRNX.CD, licensed CC BY 4.0. Original source: Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism 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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