Gross national savings — all countries

Gross national savings — Serbia

Gross national savings in Serbia in 2025 — 19%. Ranked 51 in the world out of 73. Since 2007, the indicator has risen by 8.5 pp.

2025 19% −1.7 pp vs 2024
World rank 51of 73
Period maximum 22.6%2023
Period minimum 9.1%2008

Trend over time

2007–2025 · % of GDP

Gross national savings — Serbia, 2007–202551015202520072009201120132015201720192021202320252007: 10.5%2008: 9.1%2009: 14.8%2010: 13.8%2011: 10.4%2012: 10.8%2013: 13.8%2014: 13.2%2015: 16.3%2016: 16.4%2017: 15.7%2018: 18.8%2019: 18.3%2020: 20.5%2021: 21.5%2022: 20.5%2023: 22.6%2024: 20.6%2025: 19%
Change over the period: +8.5 pp Annual average: 0.47 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Serbia

Serbia 19%
Gross national savings — Serbia, by year Serbia All countries CSV XLSX
Year % Change, pp
2025 19 −1.7 pp
2024 20.6 −1.9 pp
2023 22.6 +2.1 pp
2022 20.5 −1 pp
2021 21.5 +1 pp
2020 20.5 +2.2 pp
2019 18.3 −0.5 pp
2018 18.8 +3.1 pp
2017 15.7 −0.7 pp
2016 16.4 +0.1 pp
2015 16.3 +3 pp
2014 13.2 −0.6 pp
2013 13.8 +3 pp
2012 10.8 +0.4 pp
2011 10.4 −3.3 pp
2010 13.8 −1 pp
2009 14.8 +5.6 pp
2008 9.1 −1.4 pp
2007 10.5

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.