Serbia’s current account deficit shrank to USD 272 million in March 2023 from USD 597 million in the corresponding month of 2022. The goods and services gap narrowed sharply to USD 387 million from USD 814 million in March last year. However, the secondary income surplus remained almost unchanged at USD 481 million (vs 432 million), and the primary income deficit increased to USD 366 million (vs 214 million). source: National Bank of Serbia

Current Account in Serbia averaged -257.65 USD Million from 2001 until 2023, reaching an all time high of 277.00 USD Million in January of 2021 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 June of 2023.

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Serbia Current Account



Calendar GMT Actual Previous Consensus TEForecast
2023-04-19 11:00 AM Feb $137M $43M $-125.0M
2023-05-17 10:50 AM Mar $-272M $122M $120.0M
2023-06-20 11:00 AM Apr $-272M


Related Last Previous Unit Reference
Balance of Trade -561.30 -721.50 USD Million Apr 2023
Current Account -272.00 122.00 USD Million Mar 2023
Exports 2565.80 2960.80 USD Million Apr 2023
Imports 3127.10 3682.30 USD Million Apr 2023
External Debt 41884.70 39964.10 EUR Million Dec 2022
Capital Flows -262.00 119.00 USD Million Mar 2023
Foreign Direct Investment -410.00 -242.20 USD Million Mar 2023

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).
Actual Previous Highest Lowest Dates Unit Frequency
-272.00 122.00 277.00 -1073.40 2001 - 2023 USD Million Monthly
Current Prices, NSA

News Stream
Serbia Current Account Deficit Shrinks by Over 50%
Serbia’s current account deficit shrank to USD 272 million in March 2023 from USD 597 million in the corresponding month of 2022. The goods and services gap narrowed sharply to USD 387 million from USD 814 million in March last year. However, the secondary income surplus remained almost unchanged at USD 481 million (vs 432 million), and the primary income deficit increased to USD 366 million (vs 214 million).
2023-05-17
Serbia Current Account Surplus Highest in Over 2 Years
Serbia’s current account swung to a surplus of USD 137 million in February 2023 compared to a deficit of USD 890 million in the corresponding month of 2022. It was the largest surplus since January 2021, as the goods gap narrowed sharply to USD 587 million from USD 1,056 million in February last year. Meanwhile, the secondary income surplus rose to USD 594 million from USD 367 million and the services surplus grew to USD 263 million from USD 128 million. Additionally, the primary income deficit shrank to USD 146 million from USD 223 million.
2023-04-19
Serbia Current Account Switches to Surplus in January
Serbia’s current account swung to a surplus of USD 44.5 million in January of 2023 compared to a deficit of USD 239 million in the corresponding month of the previous year. The goods gap narrowed to USD 598 million from USD 693 million, while the services surplus rose to USD 370 million from USD 207 million. The secondary income surplus also slightly surged to USD 379 million from USD 363 million. On the other hand, the primary income deficit shrank to USD 106 million from USD 116 million.
2023-03-22