Business Working Capital Financing Statistics in Serbia (2026)
39.6% of firms in Serbia used banks to finance working capital in 2024, World Bank World Development Indicators data show. Down from 51% in 2019 to 39.6% in 2024 (−11.5 percentage points). Serbia ranks #8 of 43 economies in Europe & Central Asia on this measure, and #23 of 145 globally.
Key Statistics
- Latest value (2024)
- 39.6% (2024)
- Business Working Capital Financing in Serbia as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2019
- −11.5 pp (2024)
- Down from 51% in 2019 to 39.6% in 2024 (−11.5 percentage points).
- Earliest value in this dataset (2002)
- 11.5% (2002)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 11.5% in 2002 to 39.6% in 2024.
- Peak value (2019)
- 51% (2019)
- Highest value in the available series; the 2024 value is 39.6%.
- Rank in Europe & Central Asia
- #8 of 43 (2024)
- Serbia ranks 8 of 43 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #23 of 145 (2024)
- Serbia ranks 23 of 145 countries with data globally.
- Europe & Central Asia average
- 30.6% (2024)
- Serbia (39.6%) is above the average of 30.6% across the 43 countries in Europe & Central Asia with data.
- Firms with a bank loan/line of credit (% of firms) (2024)
- 47.1% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Serbia (2024)
- 87.7% (2024)
- 87.7% of the population in Serbia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 6.6 million (2024)
- Serbia had a population of 6.6 million in 2024 (World Bank); shown for scale only.
Trend, 2002–2024
| Year | % of firms | Change |
|---|---|---|
| 2024 | 39.6% | −11.5 pp |
| 2019 | 51% | +3.7 pp |
| 2013 | 47.4% | +17.5 pp |
| 2005 | 29.9% | +18.4 pp |
| 2002 | 11.5% | — |
Frequently asked questions
What share of firms in Serbia used banks to finance working capital?
39.6% of firms in Serbia used banks to finance working capital in 2024, according to World Bank World Development Indicators data.
How has business working capital financing in Serbia changed over time?
World Bank World Development Indicators data show a rise from 11.5% in 2002 to 39.6% in 2024.
How does Serbia compare with other countries in Europe & Central Asia?
Serbia ranks 8 of 43 countries in Europe & Central Asia with data, with 39.6% versus a regional average of 30.6% (latest values per country).
Where does Serbia rank globally on business working capital financing?
Serbia ranks 23 of 145 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
Source & methodology
Source: World Bank, World Development Indicators, indicator
IC.FRM.BKWC.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .