Terms of trade adjustment in Serbia

Serbia: Terms of trade adjustment was 283.01 billion constant LCU in 2025. ◆ Volatile

Latest (2025)
283.01 billion constant LCU
Change on year
up 100.7%
World rank
25th
of 178 countries
All-time high
283.01 billion constant LCU
in 2025
All-time low
-198.00 billion constant LCU
in 2005
Years of data
31
1995–2025

Terms of trade adjustment in Serbia, 1995–2025

-200.0B-100.0B0100.0B200.0B300.0B1995201020251995: 59.3B constant LCU1996: 21.6B constant LCU1997: -12.6B constant LCU1998: -88.1B constant LCU1999: -51.4B constant LCU2000: -58.4B constant LCU2001: -90.2B constant LCU2002: -104.7B constant LCU2003: -124.8B constant LCU2004: -137.6B constant LCU2005: -198.0B constant LCU2006: -114.5B constant LCU2007: -86.0B constant LCU2008: -121.5B constant LCU2009: -69.2B constant LCU2010: -136.1B constant LCU2011: -111.8B constant LCU2012: -131.2B constant LCU2013: -82.1B constant LCU2014: -48.7B constant LCU2015: -31.3B constant LCU2016: -22.5B constant LCU2017: -39.5B constant LCU2018: -73.5B constant LCU2019: -78.7B constant LCU2020: -6.8B constant LCU2021: 0 constant LCU2022: -120.3B constant LCU2023: 47.0B constant LCU2024: 141.0B constant LCU2025: 283.0B constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

In 2025, terms of trade adjustment in Serbia stood at 283.01 billion constant LCU. That is the highest value across all 31 years on record.

Compared with earlier readings it is up 100.7% on the previous year and up 1,005.2% over ten years.

Over the whole period, terms of trade adjustment in Serbia peaked at 283.01 billion constant LCU in 2025 and was at its lowest, -198.00 billion constant LCU, in 2005.

That places Serbia 25th out of 178 countries with data for 2025, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s -14.23 billion constant LCU -88.05 billion constant LCU 59.28 billion constant LCU 5
2000s -110.50 billion constant LCU -198.00 billion constant LCU -58.36 billion constant LCU 10
2010s -75.53 billion constant LCU -136.06 billion constant LCU -22.53 billion constant LCU 10
2020s 57.32 billion constant LCU -120.32 billion constant LCU 283.01 billion constant LCU 6

Countries ranked near Serbia

  1. 22 Equatorial Guinea 578.13 billion constant LCU compare
  2. 23 Norway 543.00 billion constant LCU compare
  3. 24 Ukraine 359.39 billion constant LCU compare
  4. 26 United States 192.74 billion constant LCU compare
  5. 27 United Arab Emirates 167.02 billion constant LCU compare
  6. 28 Cameroon 166.52 billion constant LCU compare

See the full ranking of 178 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is terms of trade adjustment in Serbia?
Terms of trade adjustment in Serbia was 283.01 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest terms of trade adjustment recorded in Serbia?
The highest recorded value was 283.01 billion constant LCU in 2025.
What is the lowest terms of trade adjustment recorded in Serbia?
The lowest recorded value was -198.00 billion constant LCU in 2005.
How does Serbia rank for terms of trade adjustment?
Serbia ranks 25th out of 178 countries with data for 2025.
Is terms of trade adjustment rising or falling in Serbia?
Over the last ten years it is up 1,005.2%. The long-run trend across the full record is volatile.
Where does this Serbia data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Terms of trade adjustment (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Terms of trade adjustment (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
178 places, 7,583 data points, 1960–2025
Last refreshed

The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.