Poverty gap index at $3 a day in Serbia

Serbia: Poverty gap index at $3 a day was 0.5% in 2023. ◆ Volatile

Latest (2023)
0.5%
Change on year
down 51.4%
World rank
60th
of 120 countries
All-time high
4.9%
in 2014
All-time low
0.5%
in 2023
Years of data
12
2012–2023

Poverty gap index at $3 a day in Serbia, 2012–2023

0123452012201720232012: 3.5 %2013: 3.9 %2014: 4.9 %2015: 4.6 %2016: 4.6 %2017: 3.7 %2018: 1.9 %2019: 1.4 %2020: 0.996 %2021: 0.925 %2022: 0.987 %2023: 0.48 %

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for poverty gap index at $3 a day in Serbia is 0.5%, measured in 2023. That is the lowest value across all 12 years on record.

That represents a change of down 51.4% on the previous year and down 87.6% over ten years.

Over the whole period, poverty gap index at $3 a day in Serbia peaked at 4.9% in 2014 and was at its lowest, 0.5%, in 2023.

That places Serbia 60th out of 120 countries with data for 2023, putting it in the middle of the range.

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

Poverty gap index at $3 a day in Serbia, year by year

Annual values for Poverty gap index at $3 a day in Serbia, 2012 to 2023.
Year % Change
2012 3.5% —
2013 3.9% +10.6%
2014 4.9% +26.1%
2015 4.6% -6.4%
2016 4.6% +0.6%
2017 3.7% -20.4%
2018 1.9% -49.4%
2019 1.4% -21.8%
2020 1.0% -31.3%
2021 0.9% -7.1%
2022 1.0% +6.7%
2023 0.5% -51.4%

Serbia compared with similar countries

  • Serbia's 0.5% is above the median for upper middle income countries, which is 0.4%, 1.2× the median. (35 countries reporting)
  • Serbia's 0.5% is above the median for Europe & Central Asia, which is 0.1%, 3.4× the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 3.6% 1.4% 4.9% 8
2020s 0.8% 0.5% 1.0% 4

Countries ranked near Serbia

  1. 57 Japan 0.5% compare
  2. 58 Iran 0.5% compare
  3. 59 Paraguay 0.5% compare
  4. 61 Hungary 0.5% compare
  5. 62 Mexico 0.4% compare
  6. 63 Bulgaria 0.4% compare

See the full ranking of 120 places →

More poverty & inequality data for Serbia

All data for Serbia →

Frequently asked questions

What is poverty gap index at $3 a day in Serbia?
Poverty gap index at $3 a day in Serbia was 0.5% in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest poverty gap index at $3 a day recorded in Serbia?
The highest recorded value was 4.9% in 2014.
What is the lowest poverty gap index at $3 a day recorded in Serbia?
The lowest recorded value was 0.5% in 2023.
How does Serbia rank for poverty gap index at $3 a day?
Serbia ranks 60th out of 120 countries with data for 2023.
Is poverty gap index at $3 a day rising or falling in Serbia?
Over the last ten years it is down 87.6%. The long-run trend across the full record is volatile.
Where does this Serbia data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Poverty gap index at $3 a day. Statizoid updates them automatically from the source API.

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Poverty gap index at $3 a day in Serbia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 08 November 2026, from https://poverty.statizoid.com/stat/poverty-gap-index-extreme-poverty/serbia/

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About this data

Indicator
Poverty gap index at $3 a day
Unit
%
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed

The poverty gap index is a poverty measure that reflects both the prevalence and the depth of poverty. It is calculated as the share of population in poverty multiplied by the average shortfall from the poverty line (expressed as a % of the poverty line).