Total shortfall from extreme poverty in Serbia
Serbia: Total shortfall from extreme poverty was 34.83 million international-$ in 2021 prices in 2023. ◆ Volatile
Total shortfall from extreme poverty in Serbia, 2012–2023
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.
Total shortfall from extreme poverty in Serbia, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 2012 | 276.68 million international-$ in 2021 prices | — |
| 2013 | 304.39 million international-$ in 2021 prices | +10.0% |
| 2014 | 382.01 million international-$ in 2021 prices | +25.5% |
| 2015 | 355.60 million international-$ in 2021 prices | -6.9% |
| 2016 | 355.78 million international-$ in 2021 prices | +0.1% |
| 2017 | 281.62 million international-$ in 2021 prices | -20.8% |
| 2018 | 141.62 million international-$ in 2021 prices | -49.7% |
| 2019 | 110.19 million international-$ in 2021 prices | -22.2% |
| 2020 | 75.24 million international-$ in 2021 prices | -31.7% |
| 2021 | 69.26 million international-$ in 2021 prices | -8.0% |
| 2022 | 72.05 million international-$ in 2021 prices | +4.0% |
| 2023 | 34.83 million international-$ in 2021 prices | -51.7% |
Serbia compared with similar countries
- Serbia's 34.83 million international-$ in 2021 prices is above the median for upper middle income countries, which is 34.83 million international-$ in 2021 prices, 1.0× the median. (35 countries reporting)
- Serbia's 34.83 million international-$ in 2021 prices is above the median for Europe & Central Asia, which is 8.37 million international-$ in 2021 prices, 4.2× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 69 Georgia 37.23 million international-$ in 2021 prices compare
- 70 Paraguay 36.76 million international-$ in 2021 prices compare
- 71 France 34.88 million international-$ in 2021 prices compare
- 73 South Korea 34.39 million international-$ in 2021 prices compare
- 74 Dominican Republic 30.99 million international-$ in 2021 prices compare
- 75 North Macedonia 30.72 million international-$ in 2021 prices compare
More poverty & inequality data for Serbia
- Number of income/consumption surveys in the past decade available via the World Bank 8 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 1.5 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 6,106 kg per hectare (2023)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2023)
- Cereal yield vs extreme poverty, annual growth rate 31.65 % change on previous year (2023)
- Tax revenues vs income inequality, gaps filled 38.43 (2022)
- Tax revenue as share of GDP vs. income inequality 38.4% (2022)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2022)
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.
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About this data
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.