Serbia: Net official development assistance received (constant 2023 US$)

Key figures

What the numbers say

In 2023, Serbia's net official development assistance received (constant 2023 US$) rose 2.2% on 2022 (from US$565.96 million to US$578.22 million).

Across the 28 yearly changes before that (1995 to 2022), the average change was +32.9% and a typical year strayed about 124.3% from that (the standard deviation). This year's change was 0.2 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 606.3% in 1999 and the biggest yearly fall was 53.2% in 2014. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 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 2023, Serbia had the 61st highest value of the 136 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 2023 ranking

• Togo — 57th of 136: US$615.51 million
• Peru — 58th of 136: US$586.27 million
• Nicaragua — 59th of 136: US$581.78 million
• Liberia — 61st of 136: US$562.64 million
• Ecuador — 62nd of 136: US$554.71 million
• Honduras — 63rd of 136: US$550.77 million

What this measures

Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). Data are in constant 2023 U.S. dollars.

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

All 30 values

Net official development assistance received (constant 2023 US$) in nearby economies

• Albania — US$360.63 million (2023)
• Armenia — US$205.14 million (2023)
• Azerbaijan — US$123.23 million (2023)
• Belarus — US$114.75 million (2023)
• Bosnia and Herzegovina — US$307.69 million (2023)
• Georgia — US$365.22 million (2023)
• Kazakhstan — US$79.08 million (2023)
• Kosovo — US$402.26 million (2023)
• 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$27.97 billion (2024)
• External debt stocks, short-term (DOD, current US$) — 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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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Serbia's net official development assistance received (constant 2023 US$)?

US$578.22 million in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1994?

It is up 709.64% from US$71.42 million in 1994 (7.48% a year on average, compounded). The highest value was US$3.36 billion in 2002 and the lowest US$71.42 million in 1994.

How does Serbia rank?

61st highest of 136 economies with data for 2023.

Is the latest change in net official development assistance received (constant 2023 US$) unusual for Serbia?

Source

World Bank, World Development Indicators, indicator DT.ODA.ODAT.KD, licensed CC BY 4.0. Original source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), uri: https://stats.oecd.org/; Geographical Distribution of Financial Flows to Developing Countries, Organisation for Economic Co-operation and Development (OECD), uri: https://stats.oecd.org/; Developmen… 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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