Extreme monetary poverty and multidimensional poverty over time in Serbia

Serbia: Extreme monetary poverty and multidimensional poverty over time was 1.1% in 2023. ◆ Volatile

Latest (2023)
1.1%
Change on year
down 46.3%
World rank
64th
of 120 countries
All-time high
8.9%
in 2014
All-time low
1.1%
in 2023
Years of data
12
2012–2023

Extreme monetary poverty and multidimensional poverty over time in Serbia, 2012–2023

24682012201720232012: 7.1 %2013: 7.8 %2014: 8.9 %2015: 8.4 %2016: 8.1 %2017: 6.6 %2018: 4.2 %2019: 2.7 %2020: 2 %2021: 1.7 %2022: 2 %2023: 1.1 %

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

Analysis

In 2023, extreme monetary poverty and multidimensional poverty over time in Serbia stood at 1.1%. That is the lowest value across all 12 years on record.

Compared with earlier readings it is down 46.3% on the previous year and down 86.0% over ten years.

Over the whole period, extreme monetary poverty and multidimensional poverty over time in Serbia peaked at 8.9% in 2014 and was at its lowest, 1.1%, in 2023.

That places Serbia 64th 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.

Extreme monetary poverty and multidimensional poverty over time in Serbia, year by year

Annual values for Extreme monetary poverty and multidimensional poverty over time in Serbia, 2012 to 2023.
Year % Change
2012 7.1% —
2013 7.8% +9.6%
2014 8.9% +13.3%
2015 8.4% -5.3%
2016 8.1% -3.8%
2017 6.6% -17.9%
2018 4.2% -37.5%
2019 2.7% -34.4%
2020 2.0% -25.2%
2021 1.7% -16.7%
2022 2.0% +20.2%
2023 1.1% -46.3%

Serbia compared with similar countries

  • Serbia's 1.1% is below the median for upper middle income countries, which is 1.6%, 68% of the median. (35 countries reporting)
  • Serbia's 1.1% is above the median for Europe & Central Asia, which is 0.3%, 3.2× the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 6.7% 2.7% 8.9% 8
2020s 1.7% 1.1% 2.0% 4

Countries ranked near Serbia

  1. 61 Japan 1.2% compare
  2. 62 United States 1.1% compare
  3. 63 Lithuania 1.1% compare
  4. 65 Bulgaria 1.0% compare
  5. 66 Italy 0.9% compare
  6. 67 Hungary 0.9% compare

See the full ranking of 120 places →

More poverty & inequality data for Serbia

All data for Serbia →

Frequently asked questions

What is extreme monetary poverty and multidimensional poverty over time in Serbia?
Extreme monetary poverty and multidimensional poverty over time in Serbia was 1.1% in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest extreme monetary poverty and multidimensional poverty over time recorded in Serbia?
The highest recorded value was 8.9% in 2014.
What is the lowest extreme monetary poverty and multidimensional poverty over time recorded in Serbia?
The lowest recorded value was 1.1% in 2023.
How does Serbia rank for extreme monetary poverty and multidimensional poverty over time?
Serbia ranks 64th out of 120 countries with data for 2023.
Is extreme monetary poverty and multidimensional poverty over time rising or falling in Serbia?
Over the last ten years it is down 86.0%. 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 Extreme monetary poverty and multidimensional poverty over time. Statizoid updates them automatically from the source API.

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Extreme monetary poverty and multidimensional poverty over time in Serbia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 07 November 2026, from https://poverty.statizoid.com/stat/share-extreme-poverty-vs-share-mpi-poor-over-time/serbia/

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About this data

Indicator
Extreme monetary poverty and multidimensional poverty over time
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

Percentage of population living in households with an income or consumption below $3 per day.