Total natural resource rents in Serbia

Serbia: Total natural resource rents was 1.7% in 2021. ◆ Volatile

Latest (2021)
1.7%
Change on year
up 84.3%
World rank
104th
of 211 countries
All-time high
3.4%
in 2011
All-time low
0.2%
in 1998
Years of data
27
1995–2021

Total natural resource rents in Serbia, 1995–2021

01231995200820211995: 0.669 % of GDP1996: 0.527 % of GDP1997: 0.334 % of GDP1998: 0.195 % of GDP1999: 0.312 % of GDP2000: 2.3 % of GDP2001: 1.5 % of GDP2002: 0.629 % of GDP2003: 0.536 % of GDP2004: 1.8 % of GDP2005: 1.2 % of GDP2006: 1.5 % of GDP2007: 1.6 % of GDP2008: 2.9 % of GDP2009: 1.3 % of GDP2010: 2.5 % of GDP2011: 3.4 % of GDP2012: 2.8 % of GDP2013: 2.1 % of GDP2014: 1.9 % of GDP2015: 1.3 % of GDP2016: 1.2 % of GDP2017: 1.5 % of GDP2018: 1.5 % of GDP2019: 1.2 % of GDP2020: 0.948 % of GDP2021: 1.7 % of GDP

Source: The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for total natural resource rents in Serbia is 1.7%, measured in 2021.

Compared with earlier readings it is up 84.3% on the previous year and down 47.9% over ten years.

Over the whole period, total natural resource rents in Serbia peaked at 3.4% in 2011 and was at its lowest, 0.2%, in 1998.

Serbia ranks 104th of 211 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.4% 0.2% 0.7% 5
2000s 1.5% 0.5% 2.9% 10
2010s 1.9% 1.2% 3.4% 10
2020s 1.3% 0.9% 1.7% 2

Countries ranked near Serbia

  1. 101 Sao Tome and Principe 1.9% compare
  2. 102 Belarus 1.9% compare
  3. 103 Thailand 1.8% compare
  4. 105 Estonia 1.7% compare
  5. 106 China 1.7% compare
  6. 107 Comoros 1.6% compare

See the full ranking of 211 places →

More reference data data for Serbia

All data for Serbia →

Frequently asked questions

What is total natural resource rents in Serbia?
Total natural resource rents in Serbia was 1.7% in 2021, according to The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data.
What is the highest total natural resource rents recorded in Serbia?
The highest recorded value was 3.4% in 2011.
What is the lowest total natural resource rents recorded in Serbia?
The lowest recorded value was 0.2% in 1998.
How does Serbia rank for total natural resource rents?
Serbia ranks 104th out of 211 countries with data for 2021.
Is total natural resource rents rising or falling in Serbia?
Over the last ten years it is down 47.9%. The long-run trend across the full record is volatile.
Where does this Serbia data come from?
The figures come from The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data, published as part of Total natural resource rents. Statizoid updates them automatically from the source API.

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About this data

Indicator
Total natural resource rents
Unit
% of GDP
Source
The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
211 places, 9,209 data points, 1970–2021
Last refreshed

Natural resources rents are estimated as the difference between the price of a commodity and the average cost of producing it. Total natural resources rents are the sum of oil rents, natural gas rents, coal rents, mineral rents, and forest rents.