Serbia posted a current account deficit of USD 139.1 million in May of 2019, compared with a USD 31.6 million surplus in the corresponding month of the previous year. The goods deficit widened to USD 512.6 million from USD 446.7 million in May of 2018; the primary income gap rose to USD 146.9 million from USD 142.6 million and the secondary income surplus narrowed to USD 367.2 million from USD 483.8 million. On the other hand, the services surplus went up to USD 153.2 million from UDS 137.1 million a year earlier. From January-May, the current account narrowed to USD 1,479 million from USD 1,156 million in the same period of 2018. Current Account in Serbia averaged -260.41 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 -120.00 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
2019-04-17 11:00 AM Current Account Feb $-358M $-164M $ -330M
2019-05-16 09:50 AM Current Account Mar $-531M $-368M $ -300M
2019-06-19 11:00 AM Current Account Apr $-219.3M $-531M $ -290M
2019-07-19 10:15 AM Current Account May $-139.1M $-300.8M $ -5M
2019-08-15 11:00 AM Current Account Jun $-139.1M $ -150M
2019-09-19 11:00 AM Current Account Jul
2019-10-18 11:00 AM Current Account Aug


Serbia Trade Last Previous Highest Lowest Unit
Balance of Trade -569.60 -561.80 -161.00 -1364.00 USD Million [+]
Current Account -139.10 -300.80 178.00 -1073.40 USD Million [+]
Current Account to GDP -5.20 -5.20 2.00 -21.10 percent [+]
Imports 2329.30 2149.80 2507.00 292.00 USD Million [+]
Exports 1759.70 1588.00 1795.70 116.00 USD Million [+]
External Debt 26517.40 26109.90 26582.00 8961.90 EUR Million [+]
Capital Flows -82.00 -309.00 74.00 -705.00 USD Million [+]
Gold Reserves 20.70 20.40 31.40 9.80 Tonnes [+]
Terrorism Index 0.23 0.04 2.96 0.00 [+]
Tourist Arrivals 164016.00 131196.00 227126.00 29180.00 [+]
Weapons Sales 2.00 23.00 45.00 1.00 USD Million [+]
Foreign Direct Investment 33.00 357.50 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-139.10 -300.80 178.00 -1073.40 2001 - 2019 USD Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil 662.00 May/19
Canada -17347.00 Mar/19
China 490.00 Mar/19
Euro Area 13.32 May/19
France 343.00 May/19
Germany 16500.00 May/19
India -4600.00 Mar/19
Indonesia -6966.00 Mar/19
Italy 2599.00 May/19
Japan 1594.84 May/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea 4949.40 May/19
Spain -413.00 Apr/19
Switzerland 17215.95 Mar/19
Turkey 151.00 May/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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