Serbia—Firms Using Banks to Finance Investment (%)
Category: FinanceSource: World Bank World Development Indicators ↗Global Rank: #24 of 160Updated July 2026
Latest Value
40.7%
2024
YoY Change
+3.3%
2019 → 2024
Global Rank
#24
of 160 countries
Maximum
42.8%
2009
Minimum
9.8%
2002
CAGR
+6.7%
6 years
Last
40.7%
Previous
39.4%
Highest
42.8%
Lowest
9.8%
Source
World Bank World Development Indicators
Serbia's firms using banks to finance investment (%) was 40.7% in 2024, ranking #24 out of 160 countries. This represents a +3.3% change from 2019. Over the past 6 years, the highest recorded value was 42.8% (2009) and the lowest was 9.8% (2002). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 40.7% | +3.3% |
| 2019 | 39.4% | +19.8% |
| 2013 | 32.9% | -23.1% |
| 2009 | 42.8% | +41.6% |
| 2005 | 30.2% | +208.2% |
| 2002 | 9.8% |
Top Countries — Firms Using Banks to Finance Investment (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Israel | 83.2% | 2024 |
| 2 | Kosovo | 65.0% | 2025 |
| 3 | Qatar | 64.4% | 2025 |
| 4 | Saudi Arabia | 57.1% | 2025 |
| 5 | Central African Republic | 56.5% | 2023 |
| 6 | Peru | 54.0% | 2023 |
| 7 | Belgium | 53.3% | 2025 |
| 8 | Uganda | 52.2% | 2025 |
| 9 | Italy | 48.8% | 2024 |
| 10 | Malawi | 47.7% | 2025 |
About This Indicator
Definition
Percentage of firms using banks to finance purchases of fixed assets.
Methodology
Data compiled by Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data.