Trade balance in low carbon technology products, Percent of GDP in Serbia

Serbia: Trade balance in low carbon technology products, Percent of GDP was -0.2754 in 2024. ◆ Volatile

Latest (2024)
-0.2754
Change on year
down 1,151.6%
World rank
28th
of 177 countries
All-time high
0.3765
in 2016
All-time low
-0.5843
in 2018
Years of data
19
2006–2024

Trade balance in low carbon technology products, Percent of GDP in Serbia, 2006–2024

-0.6-0.4-0.2-00.20.42006201520242006: -0.4782007: -0.4322008: -0.342009: -0.2562010: -0.2352011: -0.5452012: -0.4922013: -0.182014: 0.0322015: -0.0232016: 0.3762017: -0.0162018: -0.5842019: -0.1372020: -0.4232021: -0.5422022: -0.0752023: -0.0222024: -0.275

Source: International Monetary Fund.

Analysis

In 2024, trade balance in low carbon technology products, percent of gdp in Serbia stood at -0.2754.

That represents a change of down 1,151.6% on the previous year and down 952.5% over ten years.

Over the whole period, trade balance in low carbon technology products, percent of gdp in Serbia peaked at 0.3765 in 2016 and was at its lowest, -0.5843, in 2018.

Serbia ranks 28th of 177 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Trade balance in low carbon technology products, Percent of GDP in Serbia, year by year

Annual values for Trade balance in low carbon technology products, Percent of GDP (World) in Serbia, 2006 to 2024.
Year Value Change
2006 -0.4778
2007 -0.4325 -9.5%
2008 -0.3403 -21.3%
2009 -0.2558 -24.8%
2010 -0.2351 -8.1%
2011 -0.5451 +131.9%
2012 -0.4918 -9.8%
2013 -0.1798 -63.4%
2014 0.0323 -118.0%
2015 -0.0234 -172.4%
2016 0.3765 -1710.3%
2017 -0.0159 -104.2%
2018 -0.5843 +3575.0%
2019 -0.137 -76.6%
2020 -0.4231 +208.9%
2021 -0.5416 +28.0%
2022 -0.075 -86.2%
2023 -0.022 -70.7%
2024 -0.2754 +1151.6%

Serbia compared with similar countries

  • Serbia's -0.2754 is above the median for upper middle income countries, which is -0.9524, 29% of the median. (50 countries reporting)
  • Serbia's -0.2754 is above the median for Europe & Central Asia, which is -0.5163, 53% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Trade balance in low carbon technology products, Percent of GDP in Serbia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2018 -3575.0% -0.0159 -0.5843
2016 +1710.3% -0.0234 0.3765
2024 -1151.6% -0.022 -0.2754

Averages by decade

DecadeAverage LowestHighest Years
2000s -0.3766 -0.4778 -0.2558 4
2010s -0.1804 -0.5843 0.3765 10
2020s -0.2674 -0.5416 -0.022 5

Countries ranked near Serbia

  1. 25 India -0.2282 compare
  2. 26 Estonia -0.2349 compare
  3. 27 Sri Lanka -0.2607 compare
  4. 29 Pakistan -0.2977 compare
  5. 30 Kenya -0.3022 compare
  6. 31 Iran, Islamic Republic of -0.3136 compare

See the full ranking of 177 places →

More trade data for Serbia

All data for Serbia →

Frequently asked questions

What is trade balance in low carbon technology products, percent of gdp in Serbia?
Trade balance in low carbon technology products, percent of gdp in Serbia was -0.2754 in 2024, according to International Monetary Fund.
What is the highest trade balance in low carbon technology products, percent of gdp recorded in Serbia?
The highest recorded value was 0.3765 in 2016.
What is the lowest trade balance in low carbon technology products, percent of gdp recorded in Serbia?
The lowest recorded value was -0.5843 in 2018.
How does Serbia rank for trade balance in low carbon technology products, percent of gdp?
Serbia ranks 28th out of 177 countries with data for 2024.
Is trade balance in low carbon technology products, percent of gdp rising or falling in Serbia?
Over the last ten years it is down 952.5%. The long-run trend across the full record is volatile.
Where does this Serbia data come from?
The figures come from International Monetary Fund, published as part of Trade balance in low carbon technology products, Percent of GDP (World). Statizoid updates them automatically from the source API.

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Trade balance in low carbon technology products, Percent of GDP in Serbia. Statizoid, drawing on International Monetary Fund. Retrieved 14 September 2026, from https://trade.statizoid.com/stat/trade-balance-in-low-carbon-technology-products-percent-of-gdp-world/serbia/

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About this data

Indicator
Trade balance in low carbon technology products, Percent of GDP (World)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
177 places, 4,504 data points, 1994–2024
Last refreshed

This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.