The current account deficit in Serbia widened to USD 531 million in March 2019 from USD 462 million in the same month of the previous year. It was the largest current account gap since December 2013, as the services surplus narrowed to USD 70 million from USD 93 million in March 2018. Also, the primary income shortfall rose to USD 338 million from USD 318 million and the secondary income surplus fell to USD 269 million from USD 334 million. On the other hand, the goods deficit declined to USD 532 million from USD 570 million a year earlier. Considering the first quarter of the year, the country recorded a USD 1064 million trade gap, compared to a USD 904 million shortfall in the same period of 2018. Current Account in Serbia averaged -259.60 USD Million from 2001 until 2019, reaching an all time high of 178 USD Million in November of 2010 and a record low of -1073.40 USD Million in June of 2008.

Current Account in Serbia is expected to be -150.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Serbia to stand at -250.00 in 12 months time. In the long-term, the Serbia Current Account is projected to trend around -280.00 USD Million in 2020, according to our econometric models.

Serbia Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-14 12:00 PM Current Account $-413M $-173M $ -200M
2019-03-22 10:50 AM Current Account $-168M $-413M $ -230M
2019-04-17 11:00 AM Current Account $-358M $-164M $ -330M
2019-05-16 09:50 AM Current Account $-531M $-368M $ -300M
2019-06-19 11:00 AM Current Account $-531M
2019-07-19 11:00 AM Current Account
2019-08-15 11:00 AM Current Account $ -150M


Serbia Trade Last Previous Highest Lowest Unit
Balance of Trade -573.90 -535.00 -161.00 -1364.00 USD Million [+]
Current Account -531.20 -367.80 178.00 -1073.40 USD Million [+]
Current Account to GDP -5.20 -5.20 2.00 -21.10 percent [+]
Imports 2327.40 2063.90 2507.00 292.00 USD Million [+]
Exports 1753.50 1528.90 1795.70 116.00 USD Million [+]
External Debt 26517.40 26109.90 26582.00 8961.90 EUR Million [+]
Capital Flows -589.00 -280.00 74.00 -705.00 USD Million [+]
Gold Reserves 20.40 20.20 31.40 9.80 Tonnes [+]
Terrorism Index 0.23 0.04 2.96 0.00 [+]
Tourist Arrivals 112034.00 80503.00 227126.00 29180.00 [+]
Weapons Sales 2.00 23.00 45.00 1.00 USD Million [+]
Foreign Direct Investment 294.20 214.00 3322.60 -476.60 EUR Million [+]
Crude Oil Production 16.00 16.00 21.00 13.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Serbia Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Serbia Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Serbia Current Account - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-531.20 -367.80 178.00 -1073.40 2001 - 2019 USD Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -2317.00 Dec/18
Australia -7203.00 Dec/18
Brazil -494.20 Mar/19
Canada -15483.00 Dec/18
China 586.00 Mar/19
Euro Area 35.10 Mar/19
France -1263.00 Mar/19
Germany 30217.35 Mar/19
India -16899.55 Dec/18
Indonesia -6966.00 Mar/19
Italy 4040.10 Mar/19
Japan 2847.87 Mar/19
Mexico -5634.10 Mar/19
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 20296.50 Mar/19
South Africa -110158.00 Dec/18
South Korea 4820.00 Mar/19
Spain -2769.00 Feb/19
Switzerland 15181.70 Dec/18
Turkey -589.00 Mar/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


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