Total shortfall from extreme poverty in Serbia

Serbia: Total shortfall from extreme poverty was 34.83 million international-$ in 2021 prices in 2023. β—† Volatile

Latest (2023)
34.83 million international-$ in 2021 prices
Change on year
down 51.7%
World rank
72nd
of 120 countries
All-time high
382.01 million international-$ in 2021 prices
in 2014
All-time low
34.83 million international-$ in 2021 prices
in 2023
Years of data
12
2012–2023

Total shortfall from extreme poverty in Serbia, 2012–2023

0100.0M200.0M300.0M400.0M2012201720232012: 276.7M international-$ in 2021 prices2013: 304.4M international-$ in 2021 prices2014: 382.0M international-$ in 2021 prices2015: 355.6M international-$ in 2021 prices2016: 355.8M international-$ in 2021 prices2017: 281.6M international-$ in 2021 prices2018: 141.6M international-$ in 2021 prices2019: 110.2M international-$ in 2021 prices2020: 75.2M international-$ in 2021 prices2021: 69.3M international-$ in 2021 prices2022: 72.0M international-$ in 2021 prices2023: 34.8M international-$ in 2021 prices

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

In 2023, total shortfall from extreme poverty in Serbia stood at 34.83 million international-$ in 2021 prices. That is the lowest value across all 12 years on record.

Compared with earlier readings it is down 51.7% on the previous year and down 88.6% over ten years.

Over the whole period, total shortfall from extreme poverty in Serbia peaked at 382.01 million international-$ in 2021 prices in 2014 and was at its lowest, 34.83 million international-$ in 2021 prices, in 2023.

That places Serbia 72nd 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.

Averages by decade

DecadeAverage LowestHighest Years
2010s 275.99 million international-$ in 2021 prices 110.19 million international-$ in 2021 prices 382.01 million international-$ in 2021 prices 8
2020s 62.84 million international-$ in 2021 prices 34.83 million international-$ in 2021 prices 75.24 million international-$ in 2021 prices 4

Countries ranked near Serbia

  1. 69 Georgia 37.23 million international-$ in 2021 prices compare
  2. 70 Paraguay 36.76 million international-$ in 2021 prices compare
  3. 71 France 34.88 million international-$ in 2021 prices compare
  4. 73 South Korea 34.39 million international-$ in 2021 prices compare
  5. 74 Dominican Republic 30.99 million international-$ in 2021 prices compare
  6. 75 North Macedonia 30.72 million international-$ in 2021 prices compare

See the full ranking of 120 places β†’

More poverty & inequality data for Serbia

All data for Serbia β†’

Frequently asked questions

What is total shortfall from extreme poverty in Serbia?
Total shortfall from extreme poverty in Serbia was 34.83 million international-$ in 2021 prices in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest total shortfall from extreme poverty recorded in Serbia?
The highest recorded value was 382.01 million international-$ in 2021 prices in 2014.
What is the lowest total shortfall from extreme poverty recorded in Serbia?
The lowest recorded value was 34.83 million international-$ in 2021 prices in 2023.
How does Serbia rank for total shortfall from extreme poverty?
Serbia ranks 72nd out of 120 countries with data for 2023.
Is total shortfall from extreme poverty rising or falling in Serbia?
Over the last ten years it is down 88.6%. 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 Total shortfall from extreme poverty. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 12 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Total shortfall from extreme poverty
Unit
international-$ in 2021 prices
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, 2,148 data points, 1963–2025
Last refreshed

This is the amount of money that would be theoretically needed to lift the income or consumption of all people in poverty up to $3 per day. However, this is not a measure of the actual cost of eliminating poverty, since it does not take into account the costs involved in making the necessary transfers nor any changes in behavior they would bring about.