The current account deficit in Serbia shrank to USD 21.2 million in December of 2020 from USD 586.5 million a year earlier, as the goods and services gap decreased to USD 495 million from USD 875 million, along with the primary income shortfall of EUR 107.5 million from USD 220.8 million, while the secondary income surplus rose to USD 581.3 million from USD 464.2 million. Considering full 2020, the current account deficit narrowed to USD 2,220.3 million from USD 3,547.1 million in the previous year. source: National Bank of Serbia

Current Account in Serbia averaged -256.60 USD Million from 2001 until 2020, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Current Account in Serbia is expected to be -470.00 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 -390.00 in 12 months time. In the long-term, the Serbia Current Account is projected to trend around -390.00 USD Million in 2022 and -420.00 USD Million in 2023, according to our econometric models.

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Serbia Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-21.20 -262.00 178.00 -1073.40 2001 - 2020 USD Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-19 12:00 PM Sep $-193M $-157M $ -250M
2020-12-18 12:00 PM Oct $23M $-207M $-260M
2021-01-20 12:00 PM Nov $-266.1M $28.6M
2021-02-17 12:00 PM Dec $-21.23M $-262M
2021-03-22 12:00 PM Jan $-21.23M
2021-04-19 11:00 AM Feb
2021-05-19 11:00 AM Mar
2021-06-18 11:00 AM Apr
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Serbia Current Account Narrows in December
The current account deficit in Serbia shrank to USD 21.2 million in December of 2020 from USD 586.5 million a year earlier, as the goods and services gap decreased to USD 495 million from USD 875 million, along with the primary income shortfall of EUR 107.5 million from USD 220.8 million, while the secondary income surplus rose to USD 581.3 million from USD 464.2 million. Considering full 2020, the current account deficit narrowed to USD 2,220.3 million from USD 3,547.1 million in the previous year.
2021-02-17
Serbia Current Account Gap Rises in September
The current account deficit in Serbia widened to USD 193 million in September of 2020 from USD 150 million a year earlier, as the goods and services gap increased to USD 395 million from USD 229 million. Meantime, the primary income shortfall narrowed to EUR 160 million from USD 243 million and the secondary income surplus rose to USD 362 million from USD 322 million.
2020-11-19
Serbia Current Account Gap Narrows in June
Serbia’s current account deficit narrowed to USD 221 million in June 2020 from USD 357 million in the corresponding month of the previous year. The goods and services gap decreased to USD 306 million from USD 369 million a year earlier and the services account shifted to a USD 82 million surplus from a USD 8 million deficit. Additionally, the primary income shortfall dropped to USD 245 million from USD 322 million in June 2019. On the other hand, the secondary income surplus went down to USD 330 million from USD 334 million. Considering the first half of the year, the current account gap fell to USD 1,481 million from USD 1,711 million in the same period a year earlier.
2020-08-19
Serbia Current Account Deficit Narrows in May
The current account gap in Serbia shrank to USD 58 million in May of 2020 from USD 128 million in the corresponding month of the previous year. The goods and services deficit narrowed to USD 284 million from USD 345 million in May of 2019 and the primary income shortfall fell to USD 31 million from USD 158 million. On the other hand, the services surplus declined to USD 257 million from USD 374 million. Considering the first five months of the year, the current account gap narrowed to USD 1,246 million from USD 1,354 million in the same period a year earlier.
2020-07-20

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).