Aperture

Country profile

Serbia

SRB · Europe & Central Asia · Upper middle income

34.7MERI readiness
82Global rank
90.1BGDP (2024)
6.6MPopulation (2024)

Key macro indicators

IndicatorYearValueSource
GDP (current USD)
NY.GDP.MKTP.CD · current USD		202490,097,765,959.1WDI
GDP growth (annual %)
NY.GDP.MKTP.KD.ZG · percent		20243.9WDI
Inflation, consumer prices (annual %)
FP.CPI.TOTL.ZG · percent		20244.7WDI
Real GDP growth
NGDP_RPCH · percent		20283.5IMF_WEO
Population, total
SP.POP.TOTL · people		20246,586,476WDI

GDP time series

2013 · 2014 · 2015 · 2016 · 2017 · 2018 · 2019 · 2020 · 2021 · 2022 · 2023 · 2024

MERI breakdown

  • Percentile 24.3
  • Coverage 75%
  • Imputed 1
  • Missing 3
PillarScore
Corruption
Components		35
Digital Infra
Components		37.9
FDIRRI
Components		5.7
Fin Access
Components		16.6
Human Cap
Components		80.6
IP Protect
Components		46.3
Labor
Components		56
LPI
Components		65.4
Security Rol
Components		46.3
Data Confidence Score67
Market Infrastructure
Pillars		40
Regulatory Institutional
Pillars		19.2
Talent Operating
Pillars		54.5

Governance signals

Control of Corruption

CC.EST · 2024 · WGI

-0.6
Corruption Perceptions Index

TI.CPI.SCORE · 2025 · TI_CPI

33
Government Effectiveness

GE.EST · 2024 · WGI

0.1
Political Stability

PV.EST · 2024 · WGI

-0.2
Regulatory Quality

RQ.EST · 2024 · WGI

0.1
Rule of Law

RL.EST · 2024 · WGI

-0.2
Voice and Accountability

VA.EST · 2024 · WGI

-0.5

Source attribution

Sources represented in this country profile.

8 sources

IMF_WEO

International Monetary Fund · 6 indicators

IMF Terms of Use

SourceLicense

IMF_FAS

International Monetary Fund · 2 indicators

IMF Terms of Use

SourceLicense

SOVEREIGN_RATINGS

Manual bridge · 2 indicators

Manual Source Terms

TI_CPI

Transparency International · 2 indicators

Transparency International Terms

SourceLicense

Full indicator table

Latest value per indicator with source and license hints.

78 rows
IndicatorCategoryYearValueSourceLicense
Domestic credit to private sector
FS.AST.PRVT.GD.ZS		finance202432.6WDICC BY 4.0
General government net lending/borrowing
GGXCNL_NGDP		fiscal2028-2.5IMF_WEOIMF Terms of Use
Control of Corruption
CC.EST		governance2024-0.6WGICC BY 4.0
Corruption Perceptions Index
TI.CPI.SCORE		governance202533TI_CPITransparency International Terms
Government Effectiveness
GE.EST		governance20240.1WGICC BY 4.0
Political Stability
PV.EST		governance2024-0.2WGICC BY 4.0
Regulatory Quality
RQ.EST		governance20240.1WGICC BY 4.0
Rule of Law
RL.EST		governance2024-0.2WGICC BY 4.0
Voice and Accountability
VA.EST		governance2024-0.5WGICC BY 4.0
Access to electricity (%)
EG.ELC.ACCS.ZS		infra2023100WDICC BY 4.0
Fixed broadband subscriptions
IT.NET.BBND.P2		infra202433.4WDICC BY 4.0
Logistics Performance Index
LP.LPI.OVRL.XQ		infra20222.8WDICC BY 4.0
Mobile cellular subscriptions
IT.CEL.SETS.P2		infra2024123.8WDICC BY 4.0
Aviation connectivity - number of partner countries
LPI2.AVIA_CONN		logistics202496.5LPI2Modified BSD3
Aviation import dwell time, IQR
LPI2.AVIA_IQR_DAYS		logistics20244.1LPI2Modified BSD3
Aviation import dwell time, mean
LPI2.AVIA_MEAN_DAYS		logistics20242.2LPI2Modified BSD3
Aviation import dwell time, median
LPI2.AVIA_MED_DAYS		logistics20241.2LPI2Modified BSD3
B2B postal delivery time, IQR
LPI2.B2B_IQR		logistics202412.2LPI2Modified BSD3
B2B postal delivery time, mean
LPI2.B2B_MEAN		logistics20245.4LPI2Modified BSD3
B2B postal delivery time, median
LPI2.B2B_MEDIAN		logistics20244.3LPI2Modified BSD3
B2C postal delivery time, IQR
LPI2.B2C_IQR		logistics20243.5LPI2Modified BSD3
B2C postal delivery time, mean
LPI2.B2C_MEAN		logistics20244.4LPI2Modified BSD3
B2C postal delivery time, median
LPI2.B2C_MEDIAN		logistics20242.5LPI2Modified BSD3
Corridor lead time from port exit to destination for LLDC, mean
LPI2.CORRIDOR_LT_DAYS		logistics20243.4LPI2Modified BSD3
Dwell time at destination for LLDC, mean
LPI2.DT_DESTINATION_DAYS		logistics20244.7LPI2Modified BSD3
Dwell time at port of arrival for LLDC container, mean
LPI2.DT_PORT_DAYS		logistics20243.9LPI2Modified BSD3
Postal connectivity B2B - number of partner countries
LPI2.B2B_CONN		logistics202477LPI2Modified BSD3
Postal connectivity B2C - number of partner countries
LPI2.B2C_CONN		logistics202479.5LPI2Modified BSD3
Reference container import dwell time at port of arrival, mean
LPI2.DT_TRANSIT_DAYS		logistics20244.4LPI2Modified BSD3
Current account balance
BCA_NGDPD		macro2028-5IMF_WEOIMF Terms of Use
Current account balance (% of GDP)
BN.CAB.XOKA.GD.ZS		macro2024-4.6WDICC BY 4.0
GDP (current USD)
NY.GDP.MKTP.CD		macro202490,097,765,959.1WDICC BY 4.0
GDP growth (annual %)
NY.GDP.MKTP.KD.ZG		macro20243.9WDICC BY 4.0
GDP per capita (current USD)
NY.GDP.PCAP.CD		macro202413,679.2WDICC BY 4.0
Inflation, consumer prices (annual %)
FP.CPI.TOTL.ZG		macro20244.7WDICC BY 4.0
Inflation rate
PCPIPCH		macro20283IMF_WEOIMF Terms of Use
Military expenditure (% of GDP)
MS.MIL.XPND.GD.ZS		macro20242.6WDICC BY 4.0
Official exchange rate
PA.NUS.FCRF		macro2024108.2WDICC BY 4.0
Real GDP growth
NGDP_RPCH		macro20283.5IMF_WEOIMF Terms of Use
Total reserves (months of imports)
FI.RES.TOTL.MO		macro20246.2WDICC BY 4.0
Unemployment (% of labor force)
SL.UEM.TOTL.ZS		macro20257.1WDICC BY 4.0
Demographic and Urbanization Momentum
DEMOGRAPHICS		meri_opportunity202447WDICC BY 4.0
GDP Growth Trajectory
GDP_GROWTH		meri_opportunity202810.4IMF_WEOIMF Terms of Use
Import Demand
IMPORT_DEMAND		meri_opportunity202456.3WDICC BY 4.0
ATMs per 100,000 adults
FAS.ATMS_PER_100K		meri_readiness202457IMF_FASIMF Terms of Use
Basic Digital Infrastructure
DIGITAL_INFRA		meri_readiness202437.9WDICC BY 4.0
B-READY Business Entry score
B_READY.BUSINESS_ENTRY		meri_readiness202593.6B_READYWorld Bank Terms
B-READY Dispute Resolution score
B_READY.DISPUTE_RESOLUTION		meri_readiness202565.2B_READYWorld Bank Terms
B-READY International Trade score
B_READY.TRADE		meri_readiness202562.7B_READYWorld Bank Terms
B-READY Labor score
B_READY.LABOR		meri_readiness202573.6B_READYWorld Bank Terms
Commercial bank branches per 100,000 adults
FAS.BRANCHES_PER_100K		meri_readiness202424IMF_FASIMF Terms of Use
Contract Enforcement Reliability
CONTRACT_ENF		meri_readiness202565.2B_READYWorld Bank Terms
Corruption Risk
CORRUPTION		meri_readiness202533TI_CPITransparency International Terms
Financial System Accessibility
FIN_ACCESS		meri_readiness202416.6WDICC BY 4.0
Foreign Ownership Restrictions
FDIRRI		meri_readiness202494.3OECDOECD Terms and Conditions
General Business Entry Friction
BIZ_ENTRY		meri_readiness202593.6B_READYWorld Bank Terms
HDI Education sub-index
HDI.EDUCATION_INDEX		meri_readiness20230.8UNDP_HDIUNDP Terms
Hiring and Workforce Availability
LABOR		meri_readiness202564.9WDICC BY 4.0
Human Capital Quality
HUMAN_CAP		meri_readiness202580.6UNDP_HDIUNDP Terms
Intellectual Property Protection
IP_PROTECT		meri_readiness202446.3WGICC BY 4.0
Logistics Performance
LPI		meri_readiness202565.4LPI2Modified BSD3
Personal Security and Rule of Law
SECURITY_ROL		meri_readiness202446.3WGICC BY 4.0
Trade Openness
TRADE_OPEN		meri_readiness202562.7B_READYWorld Bank Terms
Inflation Stability
INFL_STAB		meri_risk202892IMF_WEOIMF Terms of Use
Sovereign credit rating score
RATING.SOV_CREDIT_SCORE		meri_risk202651.7SOVEREIGN_RATINGSManual Source Terms
Sovereign Credit Risk
SOV_CREDIT		meri_risk202651.7SOVEREIGN_RATINGSManual Source Terms
Adult literacy rate
SE.ADT.LITR.ZS		social202299.3WDICC BY 4.0
Age dependency ratio
SP.POP.DPND		social202458.7WDICC BY 4.0
Labor force participation rate
SL.TLF.CACT.ZS		social202559.1WDICC BY 4.0
Life expectancy at birth
SP.DYN.LE00.IN		social202476WDICC BY 4.0
Population growth (annual %)
SP.POP.GROW		social2024-0.6WDICC BY 4.0
Population, total
SP.POP.TOTL		social20246,586,476WDICC BY 4.0
Urban population (% of total)
SP.URB.TOTL.IN.ZS		social202462.4WDICC BY 4.0
FDI net inflows (% of GDP)
BX.KLT.DINV.WD.GD.ZS		trade20246.2WDICC BY 4.0
Merchandise exports (current USD)
TX.VAL.MRCH.CD.WT		trade202431,586,000,000WDICC BY 4.0
Merchandise imports (current USD)
TM.VAL.MRCH.CD.WT		trade202442,245,000,000WDICC BY 4.0
Tariff rate, applied, simple mean
TM.TAX.MRCH.SM.AR.ZS		trade20213.1WDICC BY 4.0
Trade (% of GDP)
NE.TRD.GNFS.ZS		trade2024111.7WDICC BY 4.0
Serbia Market Profile | Aperture