Serbia: Multilateral debt service (% of public and publicly guaranteed debt service)

Key figures

What the numbers say

In 2024, Serbia's multilateral debt service (% of public and publicly guaranteed debt service) fell 11.3 percentage points on 2023 (from 30.05% to 18.75%).

Across the 30 yearly changes before that (1986 to 2023), the average change was +3.19 percentage points and a typical year strayed about 19.93 percentage points from that (the standard deviation). This year's change was 0.7 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 73.49 percentage points in 2002 and the biggest yearly fall was 30.85 percentage points in 2007. 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 the straight-line trend is downward, about 1.42 percentage points a year. A straight line explains 41% 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 2024, Serbia had the 98th highest value of the 119 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 2024 ranking

• Benin — 94th of 119: 21.01%
• Myanmar — 95th of 119: 19.91%
• Chad — 96th of 119: 19.06%
• Montenegro — 98th of 119: 18.15%
• Mozambique — 99th of 119: 18.06%
• Iraq — 100th of 119: 17.44%

What this measures

Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 49 values

Multilateral debt service (% of public and publicly guaranteed debt service) in nearby economies

• Albania — 64.12% (2024)
• Armenia — 58.68% (2024)
• Azerbaijan — 25.5% (2024)
• Belarus — 13.37% (2024)
• Bosnia and Herzegovina — 78.41% (2024)
• Bulgaria — 14.89% (2024)
• Georgia — 68.73% (2024)
• Kazakhstan — 30.5% (2024)

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

• 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 multilateral debt service (% of public and publicly guaranteed debt service)?

18.75% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1970?

It is up 9.14 percentage points from 9.61% in 1970. The highest value was 100% in 1993 and the lowest 9.61% in 1970.

How does Serbia rank?

98th highest of 119 economies with data for 2024.

Is the latest change in multilateral debt service (% of public and publicly guaranteed debt service) unusual for Serbia?

In 2024, Serbia's multilateral debt service (% of public and publicly guaranteed debt service) fell 11.3 percentage points on 2023 (from 30.05% to 18.75%). Across the 30 yearly changes before that (1986 to 2023), the average change was +3.19 percentage points and a typical year strayed about 19.93 percentage points from that (the standard deviation). This year's change was 0.7 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.TDS.MLAT.PG.ZS, 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.

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