DEC alternative conversion factor in Serbia

Serbia: DEC alternative conversion factor was 108.2 ratio in 2024. ▲ Rising

Latest (2024)
108.2 ratio
Change on year
down 0.2%
World rank
70th
of 225 countries
All-time high
111.66 ratio
in 2022
All-time low
55.72 ratio
in 2008
Years of data
25
2000–2024

DEC alternative conversion factor in Serbia, 2000–2024

02550751002000201220242000: 63.2 ratio2001: 66.9 ratio2002: 64.4 ratio2003: 57.6 ratio2004: 58.4 ratio2005: 66.7 ratio2006: 67.1 ratio2007: 58.5 ratio2008: 55.7 ratio2009: 67.6 ratio2010: 77.7 ratio2011: 73.3 ratio2012: 88 ratio2013: 85.2 ratio2014: 88.4 ratio2015: 108.8 ratio2016: 111.3 ratio2017: 107.8 ratio2018: 100.2 ratio2019: 105.2 ratio2020: 103.2 ratio2021: 99.4 ratio2022: 111.7 ratio2023: 108.4 ratio2024: 108.2 ratio

Source: United Nations Statistics Division, SDG Global Database. Measured in ratio.

Analysis

In 2024, dec alternative conversion factor in Serbia stood at 108.2 ratio.

The figure is down 0.2% on the previous year and up 22.4% over ten years.

Over the whole period, dec alternative conversion factor in Serbia peaked at 111.66 ratio in 2022 and was at its lowest, 55.72 ratio, in 2008.

That places Serbia 70th out of 225 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 25 years of available data.

DEC alternative conversion factor in Serbia, year by year

Annual values for DEC alternative conversion factor (in local currency unit per United States dollar) in Serbia, 2000 to 2024.
Year ratio Change
2000 63.17 ratio —
2001 66.91 ratio +5.9%
2002 64.4 ratio -3.8%
2003 57.59 ratio -10.6%
2004 58.38 ratio +1.4%
2005 66.71 ratio +14.3%
2006 67.15 ratio +0.6%
2007 58.45 ratio -12.9%
2008 55.72 ratio -4.7%
2009 67.58 ratio +21.3%
2010 77.73 ratio +15.0%
2011 73.33 ratio -5.7%
2012 87.97 ratio +20.0%
2013 85.16 ratio -3.2%
2014 88.41 ratio +3.8%
2015 108.81 ratio +23.1%
2016 111.28 ratio +2.3%
2017 107.76 ratio -3.2%
2018 100.17 ratio -7.0%
2019 105.25 ratio +5.1%
2020 103.16 ratio -2.0%
2021 99.4 ratio -3.7%
2022 111.66 ratio +12.3%
2023 108.4 ratio -2.9%
2024 108.2 ratio -0.2%

Serbia compared with similar countries

  • Serbia's 108.2 ratio is above the median for upper middle income countries, which is 14.48 ratio, 7.5× the median. (56 countries reporting)
  • Serbia's 108.2 ratio is above the median for Europe & Central Asia, which is 1.7 ratio, 63.6× the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 62.61 ratio 55.72 ratio 67.58 ratio 10
2010s 94.59 ratio 73.33 ratio 111.28 ratio 10
2020s 106.16 ratio 99.4 ratio 111.66 ratio 5

Countries ranked near Serbia

  1. 67 Bangladesh 111.14 ratio compare
  2. 68 French Polynesia 110.31 ratio compare
  3. 68 New Caledonia 110.31 ratio compare
  4. 71 Cabo Verde 101.92 ratio compare
  5. 72 Albania 93.09 ratio compare
  6. 73 Russian Federation 92.53 ratio compare
  7. 73 Russia 92.53 ratio compare

See the full ranking of 229 places →

More development goals data for Serbia

All data for Serbia →

Frequently asked questions

What is dec alternative conversion factor in Serbia?
Dec alternative conversion factor in Serbia was 108.2 ratio in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest dec alternative conversion factor recorded in Serbia?
The highest recorded value was 111.66 ratio in 2022.
What is the lowest dec alternative conversion factor recorded in Serbia?
The lowest recorded value was 55.72 ratio in 2008.
How does Serbia rank for dec alternative conversion factor?
Serbia ranks 70th out of 225 countries with data for 2024.
Is dec alternative conversion factor rising or falling in Serbia?
Over the last ten years it is up 22.4%. The long-run trend across the full record is rising.
Where does this Serbia data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of DEC alternative conversion factor (in local currency unit per United States dollar). Statizoid updates them automatically from the source API.

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DEC alternative conversion factor in Serbia. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 30 September 2026, from https://development-goals.statizoid.com/stat/dec-alternative-conversion-factor-in-local-currency-unit-per-united-states-dollar/serbia/

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About this data

Indicator
DEC alternative conversion factor (in local currency unit per United States dollar)
Unit
ratio
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
229 places, 5,688 data points, 2000–2024
Last refreshed