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Serbia Tourism Receipts

International tourism receipts  ST.INT.RCPT.CD

Serbia's tourism receipts was $1.4B in 2020, ranked 48th globally. This represents a 28.9% decrease from 2019. Data from World Bank, covering 2002–2020.

$1.4B −$578.0M (-28.9%)
Year 2020 Rank #48 Global Peak $2.0B (2019) Source World Bank

Serbia Tourism Receipts (2002–2020)

Overview

Serbia's tourism receipts stood at $1.4B in 2020, a decline of +$578.0M from 2019. Serbia ranked 48th globally.

Serbia's tourism receipts have experienced significant growth over the past two decades, with the sector emerging as a crucial contributor to the country's economy. The all-time peak of 2,000,000,000.00 in 2019 was a notable milestone, surpassing the 2018 figure. This upward trajectory was also mirrored in neighboring countries, with Slovenia, ranked 28 globally, achieving a tourism receipts value of 1,418,000,000.00 in 2020, just slightly lower than Serbia's 1,422,000,000.00. However, the COVID-19 pandemic caused a sharp decline, with tourism receipts plummeting to 1,422,000,000.00 in 2020, the lowest figure in the 19-year coverage period. The sector has shown resilience in the face of adversity, with a strong recovery anticipated in the coming years. A sustained investment in infrastructure and marketing efforts, coupled with the development of new tourist attractions, could further propel Serbia's tourism industry, potentially propelling it into the top 20 globally.

Data & projection

Year Tourism Receipts YoY change Rank
2020 $1.4B −$578.0M #48
2019 $2.0B +$59.0M #77
2018 $1.9B +$235.0M #82
2017 $1.7B +$245.0M #83
2016 $1.5B +$139.0M #83
2015 $1.3B −$30.0M #84
2014 $1.4B +$131.0M #82
2013 $1.2B +$141.0M #81
2012 $1.1B −$69.0M #82
2011 $1.1B +$199.0M #78
2010 $950.0M −$36.0M #81
2009 $986.0M −$128.0M #78
2008 $1.1B +$96.0M #76
2007 $1.0B +$602.0M #79
2006 $416.0M +$108.0M #96
Show all years (2002-2020)

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 11.1% GDP growth 0.1% Unemployment 23.0%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Serbia matched the Stagflation Risk pattern in 2011. Historically, 38% of countries showing this pattern (117 out of 307) saw tourism receipts improve within 24 months. View full analysis →

Frequently Asked Questions

What is Serbia's tourism receipts?▾

Serbia's tourism receipts was $1.4B in 2020. Ranked 48th globally. This represents a 28.9% decrease from the previous year.

What was the highest tourism receipts in Serbia?▾

Serbia's tourism receipts peaked at $2.0B in 2019.

What was the lowest tourism receipts in Serbia?▾

The lowest tourism receipts in Serbia was $77.0M in 2002.

How does Serbia rank in tourism receipts?▾

Serbia ranks 48th globally in tourism receipts as of 2020.

What is the World Bank indicator code for tourism receipts?▾

The World Bank indicator code is ST.INT.RCPT.CD. Data sourced from World Bank.

What is Serbia's tourism receipts in billion?▾

Serbia's tourism receipts was approximately 1.42 billion ($1.4B) in 2020.

What is the tourism receipts of Serbia in 2020?▾

The tourism receipts of Serbia in 2020 was $1.4B. This ranks 48th in the world.

Cite this page

APA
Serbia Tourism Receipts. HistorySaid. Retrieved October 22, 2026, from https://historysaid.com/serbia/tourism-receipts/
BibTeX
@misc{historysaid_serbia_tourism-receipts, title = {Serbia Tourism Receipts}, url = {https://historysaid.com/serbia/tourism-receipts/}, publisher = {HistorySaid}, year = {2026} }
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