Serbia's current account deficit widened to USD 366 million in June 2019 from USD 189 million in the same month last year, as the goods and services gap increased to USD 384 million from USD 356 million. In addition, the primary income deficit went up to USD 311 million from USD 235 million a year ago and the secondary income surplus narrowed to USD 329 million from USD 402 million. Current Account in Serbia averaged -260.86 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
2019-05-16 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 10:50 AM Current Account Jun $-365.8M $-135.2M $ -150M
2019-09-19 11:00 AM Current Account Jul $-365.8M
2019-10-18 11:00 AM Current Account Aug
2019-11-14 12:00 PM Current Account Sep $ -120M


Serbia Trade Last Previous Highest Lowest Unit
Balance of Trade -394.30 -569.60 -161.00 -1364.00 USD Million [+]
Current Account -365.80 -135.20 178.00 -1073.40 USD Million [+]
Current Account to GDP -5.20 -5.20 2.00 -21.10 percent [+]
Imports 2116.20 2329.30 2507.00 292.00 USD Million [+]
Exports 1673.50 1759.70 1795.70 116.00 USD Million [+]
External Debt 26517.40 26109.90 26582.00 8961.90 EUR Million [+]
Capital Flows -299.00 -87.00 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 184145.00 164016.00 227126.00 29180.00 [+]
Weapons Sales 2.00 23.00 45.00 1.00 USD Million [+]
Foreign Direct Investment 390.80 343.10 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-365.80 -135.20 178.00 -1073.40 2001 - 2019 USD Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil -2914.00 Jun/19
Canada -17347.00 Mar/19
China 570.00 Jun/19
Euro Area 23.09 Jun/19
France -755.00 Jun/19
Germany 20600.00 Jun/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 5046.60 Jun/19
Japan 1211.17 Jun/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -142495.00 Mar/19
South Korea 6380.00 Jun/19
Spain 2701.00 May/19
Switzerland 17215.95 Mar/19
Turkey -548.00 Jun/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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