Serbia's current account deficit widened to USD 288 million in November 2019 from USD 173 million in the same month last year, as the goods and services gap increased to USD 412 million from USD 404 million and the primary income deficit rose to USD 216 million from USD 152 million. In addition, the secondary income surplus declined to USD 340 million from USD 384 million. Current Account in Serbia averaged -261.11 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. source: National Bank of Serbia
Current Account in Serbia is expected to be -390.00 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 -400.00 in 12 months time. In the long-term, the Serbia Current Account is projected to trend around -420.00 USD Million in 2020, according to our econometric models.