Serbia - Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in Serbia was 85.74 as of 2020. Its highest value over the past 14 years was 89.99 in 2019, while its lowest value was 54.01 in 2009.

Definition: Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: World Trade Organization, and World Bank GDP estimates.

See also:

Year Value
2006 60.34
2007 64.83
2008 67.64
2009 54.01
2010 63.44
2011 64.24
2012 69.62
2013 72.65
2014 75.32
2015 78.81
2016 83.85
2017 88.14
2018 89.08
2019 89.99
2020 85.74

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade