Serbia: Short-term debt to reserves

* indicates monthly or quarterly data series
 Serbia

Short-term external debt, percent of international reserves

 Latest value 3.52
 Year 2023
 Measure percent
 Data availability 2006 - 2023
 Average 12.34
 Min - Max 3.52 - 32.12
 Source The World Bank
The latest value from 2023 is 3.52 percent, a decline from 12.38 percent in 2022. In comparison, the world average is 564.82 percent, based on data from 143 countries. Historically, the average for Serbia from 2006 to 2023 is 12.34 percent. The minimum value, 3.52 percent, was reached in 2023 while the maximum of 32.12 percent was recorded in 2008. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Serbia - Short-term debt to reserves - Recent values chart

Historical series
Serbia - Short-term debt to reserves - historical chart - 2006-2023




Definition: Debt of public and private domestic borrowers to non-residents with maturity of twelve months of less as percent of total foreign exchange reserves. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.

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 Related indicators Latest Reference Measure
 Terms of trade 101.70 2023 percent
 Trade openness 111.71 2024 percent
 Exports, percent of GDP 53.58 2024 percent
 Exports, billion dollars 54.29 2025 billion U.S. dollars
 Growth of exports 5.63 2025 percent
 Imports, percent of GDP 58.14 2024 percent
 Imports, billion dollars 58.58 2025 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 6.20 2024 percent
 Foreign Direct Investment, billion dollars 5.59 2024 billion U.S. dollars
 Portfolio investment inflows, equities -1.47 2024 million dollars (current)
 Current account, percent of GDP -4.56 2024 percent
 Current account, in dollars -4.90 2025 billion U.S. dollars
 Trade balance, percent of GDP -4.56 2024 percent
 Trade balance, in dollars -4.37 2024 billion U.S. dollars
 Reserves 30.48 2024 billion U.S. dollars
 Remittances, percent of GDP 6.40 2024 percent
 Remittances 6,557.62 2025 million U.S. dollars
 Net errors and omissions 386.27 2024 million USD
 External debt 60.24 2023 percent
 Short-term external debt 1.98 2023 percent
 Short-term debt to reserves 3.52 2023 percent
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