Serbia and Palestine
Serbia and Palestine maintain diplomatic ties inherited from Yugoslav recognition. Consultations between ministries and youth and sports cooperation provide concrete mechanisms for the relationship.
Analysis reviewed: 2026-10-08 · Indicators updated: 2026-10-08History and institutional framework
The profile dates Yugoslav recognition of the State of Palestine and the establishment of relations to 1989.
What merchandise trade shows
In 2025, goods trade between Serbia and Palestine totalled 1.9 million current USD.
Cooperation and bilateral issues
The memorandum on political consultations entered into force on 9 June 2015.
Bilateral indicators
Blank cells: data unavailable.
| Indicator | Value | Period |
|---|---|---|
| Goods trade | 1.9 M USD | 2025 · Comtrade |
| Goods: Serbia to Palestine | 1.82 M USD | 2025 · Comtrade |
| Goods: Palestine to Serbia | 0.0768 M USD | 2025 · Comtrade |
| Services trade | ||
| Export share: Serbia to Palestine | 0.00488 % | 2025 · Comtrade |
| Export share: Palestine to Serbia | ||
| Investment stock: Serbia in Palestine | ||
| Investment stock: Palestine in Serbia |
Definitions and sources
Trade adds both directions. Shares refer to the country’s total goods exports; investment is an accumulated stock, not an annual flow. Every figure retains the currency and period of its source. BEA positions are historical-cost estimates based on the immediate counterpart, not market values or investment by ultimate owner. ‘More than’ indicates a lower bound, not an exact amount. A recorded stock does not establish new activity or authorisation to operate under sanctions.
- Goods trade
- 2025 · UN Comtrade; reporters RWA, SAU, SEN, SGP, SRB · Goods; full calendar year; reporter SRB. Exports normally FOB and imports CIF; no addition of mirror declarations. Both directions are identified from the same customs authority.
- Goods: Serbia to Palestine
- 2025 · UN Comtrade; reporters RWA, SAU, SEN, SGP, SRB · Goods; full calendar year; reporter SRB. Exports normally FOB and imports CIF; no addition of mirror declarations. Both directions are identified from the same customs authority.
- Goods: Palestine to Serbia
- 2025 · UN Comtrade; reporters RWA, SAU, SEN, SGP, SRB · Goods; full calendar year; reporter SRB. Exports normally FOB and imports CIF; no addition of mirror declarations. Both directions are identified from the same customs authority.
- Export share: Serbia to Palestine
- 2025 · UN Comtrade; reporters RWA, SAU, SEN, SGP, SRB · Exports to the partner / worldwide exports by the same reporter; same year and coverage.
Country comparison
Period and source beside each figure · est. = estimate by the stated institution.
The aggregate Palestinian CPI reflects large differences between Gaza and the West Bank; its decline does not mean prices have fallen uniformly or living standards have recovered. Fiscal data cover central government.
| Indicator | Serbia | Palestine |
|---|---|---|
| Nominal GDP | 99.95 billion USD2025 · WB | 17.17 billion USD2025 · WB |
| GDP per capita | 15,262.05 USD2025 · WB | 3,171.11 USD2025 · WB |
| GDP growth | 2.03 %2025 · WB | 4.34 %2025 · WB |
| Policy interest rate | Not comparable · ITA | |
| Inflation · annual average | 3.89 %Annual average · 2025 · WB | 9.81 %Annual average · 2025 · WB |
| Inflation · latest year-on-year figure | -34.25 %Year-on-year · Aug. 2026 · PCBS | |
| Unemployment | 7.12 %ILO est.2025 · WB | 48.5 %PCBS est.2025 · PCBS |
| Budget balance (% of GDP) | -2.2 %IMF est.2025 · IMF | -0.6 %provisionalprovisional2025 · PCBSCentral government · after grants |
| Gross public debt (% of GDP) | 42.4 %IMF est.2025 · IMF | 27.9 %provisionalprovisional2025 · PCBSCentral government |
| Current account balance (% of GDP) | -4.9 %2025 · WB | -15.82 %2025 · WB |
| Population | 6,549,143World Bank est.2025 · WB | 5,413,5962025 · WB |
| Area | 84,990 km²2023 · WB | 6,025 km²2023 · WB |
| Military expenditure | ||
| Military expenditure (% of GDP) |
Definitions, dates and sources
Blank cells are not zero. Average annual inflation and the latest year-on-year figure appear in separate rows: they are not the same measure. Every annual indicator retains its reference year; when the years differ, the figures are identified as not directly comparable. When a figure is unavailable from the World Bank, an annual IMF estimate is used and identified as such. The latest year-on-year figure is the latest official release verified as of 7 October 2026. This includes advance releases marked as provisional. Mexico may have a fortnightly figure before the full month is published; it is not automatically compared with a monthly figure. The publication date is retained in each source’s details; it does not replace the observation period or the annual average. Policy rates carry their own dates and represent different instruments. Spain and France share the ECB rate. Balances are positive for surpluses and negative for deficits. The IMF may use fiscal years; unemployment retains each source’s definition (ILO estimates, IMF WEO or PCBS), as stated in the details. For Palestine, debt and the fiscal balance cover central government and retain the PCBS definition; they are not presented as consolidated general government. These are economic magnitudes, not measures of relationship quality.
Area retains each source’s territorial coverage; it does not determine sovereignty or effective control. Canada uses an archived national geographic reference. Military expenditure retains the 2024 SIPRI sample distributed by the World Bank: the amount and percentage of GDP use that same definition, which differs from NATO’s. It is not an approved budget or a 2026 figure. Information from the Stockholm International Peace Research Institute (SIPRI). Military expenditure database · Terms of use0
Indicators reviewed: 2026-10-07. Each source retains its original access date; this review does not turn all the data into 2026 observations. Figures may be revised.
- Nominal GDP
- Current USDSerbia: 2025 · World Bank · Official World Bank series. Observation year, not download date.Palestine: 2025 · World Bank
- GDP per capita
- Current USD per personSerbia: 2025 · World Bank · Official World Bank series. Observation year, not download date.Palestine: 2025 · World Bank
- GDP growth
- Annual real change (%)Serbia: 2025 · World Bank · Official World Bank series. Observation year, not download date.Palestine: 2025 · World Bank
- Policy interest rate
- Central bank instrument (%)Palestine: There is no national currency of its own or single directly comparable rate for this row. Lending and deposit rates by currency are not monetary policy rates; Israel's rate is not automatically inherited. · International Trade Administration, U.S. Department of Commerce
- Inflation · annual average
- Average annual change in headline CPI (%)Serbia: 2025 · Annual average change in the CPI (%) · World Bank · Official World Bank series. Observation year, not download date.Palestine: 2025 · Annual average change in CPI (%) · World Bank
- Inflation · latest year-on-year figure
- Headline CPI relative to the same period of the previous year (%); monthly or fortnightly frequency statedPalestine: 2026-08 · Change in headline CPI against the same month of the previous year (%) · Palestinian Central Bureau of Statistics · Published: 2026-09-14 · Palestinian aggregate published by PCBS in NIS. The result reflects very different situations: Gaza −58.39%, the West Bank +3.27% and Jerusalem J1 +3.30%. It does not mean prices have fallen uniformly or living standards have recovered; PCBS territorial coverage is retained.
- Unemployment
- % of the labour force; definition used by the stated institutionSerbia: 2025 · ILO modelled estimate; percentage of the labour force · World Bank · ILO est. · Official World Bank series. Observation year, not download date.Palestine: 2025 · PCBS annual estimate of aggregate unemployment in Palestine (aged 15 or over); excludes parts of Jerusalem as specified in the report. · Palestinian Central Bureau of Statistics · PCBS est. · Table 3: Palestine 48.5%, the West Bank 30.9%, Gaza 77.9%. PCBS states that the Palestinian aggregate and Gaza are estimates for 2023–2025; this is not a complete survey of Gaza in 2025.
- Budget balance
- General government (% of GDP)Serbia: 2025 · IMF · IMF est. · WEO general-government estimate, % of GDP. Not an observed balance for the current month.Palestine: 2025 · Overall central government balance after grants, on a commitment basis, as % of GDP; not a current or cash balance. · Palestinian Central Bureau of Statistics · provisional · Provisional · PCBS publishes a deficit of 0.6% of GDP. Table 5: −94.9 M USD and preliminary GDP of 17,167.1 M USD. Not the consolidated general-government WEO coverage used for other countries.
- Gross public debt
- General government (% of GDP)Serbia: 2025 · IMF · IMF est. · WEO general-government estimate, % of GDP. Not an observed balance for the current month.Palestine: 2025 · Central government public debt at the end of 2025 divided by annual GDP, according to PCBS. · Palestinian Central Bureau of Statistics · provisional · Provisional · PCBS publishes 27.9% (debt 4,788.8 M USD). The debt and GDP scope of the same publication is retained; no inference is made to include every liability or arrear outside the source's coverage.
- Current account balance
- % of GDPSerbia: 2025 · World Bank · Official World Bank series. Observation year, not download date.Palestine: 2025 · World Bank
- Population
- PeopleSerbia: 2025 · World Bank · World Bank est. · Extrapolated estimate identified by the World Bank; not a census for the reference year.Palestine: 2025 · World Bank
- Area
- Total area in km²; territorial coverage of the sourceSerbia: 2023 · World Bank · Official World Bank series. Observation year, not download date.Palestine: 2023 · Area according to the series' coverage; does not determine sovereignty or effective control · World Bank
- Military expenditure
- Current USD per year; SIPRI series
- Military expenditure (% of GDP)
- Percentage of GDP; SIPRI definition, not NATO’s definition
Other data specific to this relationship
What they buy and sell
Documented selection, not an exhaustive list. Cells without a figure do not mean zero value; some products are identified without a verified amount.
Serbia to Palestine
| Product or sector | Value / share |
|---|---|
Palestine to Serbia
| Product or sector | Value / share |
|---|---|
Connections between people
Ivica Dačić visited Palestine from 5 to 7 January 2017, and Riyad al-Maliki travelled to Serbia on 8 and 9 January 2020. Serbia manages the relationship from its embassy in Cairo with non-resident accreditation, and Palestine maintains an embassy in Belgrade. [1]
Residents, study and travel
Blank cells: data unavailable. Each measure retains its definition and period.
| Indicator | Value | Period / source |
|---|---|---|
| Residents from Serbia living in Palestine | ||
| Residents from Palestine living in Serbia | ||
| Study and training: Serbia in Palestine | ||
| Study and training: Palestine in Serbia | ||
| Academic stays: Serbia in Palestine | ||
| Academic stays: Palestine in Serbia | ||
| Travel: Serbia to Palestine | ||
| Travel: Palestine to Serbia |
What each figure measures
Residents are counted by nationality and the coverage of the stated register, not as people born in the other country or as new arrivals in one year. PERE includes dual nationals and people born outside Spain. Study with OPT and stays carrying academic credit are different measures. Travel may include several visits by the same person; FRONTUR arrivals require an overnight stay, whereas the Canadian survey includes day visits. These figures are neither added together nor automatically compared across directions.
Mobility data added or reviewed: 2026-10-07. Reference periods may be earlier.
Underlying ties
History, institutions and long-standing issues.
History and institutional framework
The profile dates Yugoslav recognition of the State of Palestine and the establishment of relations to 1989. Ivica Dačić visited Palestine from 5 to 7 January 2017, and Riyad al-Maliki travelled to Serbia on 8 and 9 January 2020. [1]
The scale of both economies
Nominal GDP for Serbia is 100 billion USD (2025), compared with 17.2 for Palestine (2025). The reference populations are 6.55 and 5.41 million, respectively. In the same year, the economy of Serbia was 5.82 times that of Palestine in nominal GDP. The comparison provides context on market size, but does not, on its own, measure influence, well-being or diplomatic closeness. Estimates and their sources retain their labels in the tables. [3] [4] [5] [6]
Recent developments
Recent developments and latest available data · Review: 2026-10-08
Cooperation and bilateral issues
The memorandum on political consultations entered into force on 9 June 2015. The youth and sports agreement was signed on 9 January 2020 by the relevant sectoral institutions. Serbia manages the relationship from its embassy in Cairo with non-resident accreditation, and Palestine maintains an embassy in Belgrade. [1]
What merchandise trade shows
In 2025, merchandise trade between the two countries (Serbia and Palestine) totalled 1.9 million current USD. Shipments from the first to the second were 1.8 million; those in the opposite direction, 0.0768 million. The difference between the two flows was 1.7 million, in favour of Serbia. This is a goods balance, not the total balance of the economic relationship: it excludes services, income and transfers. Both directions come from a single customs reporter to avoid adding mirror records. [2]
The partner's share of exports
Sales from Serbia to the partner represented 0.00488% of its worldwide goods exports in 2025. The share compares the same reporter, year and coverage. It measures export concentration, not the percentage of GDP dependent on this relationship. A partner may be important in a specific sector even if its share of total goods trade is small. [2]
Sources and data
Periods and scope of the figures
Institutional sources and periods accompany each figure. Annual trade, investment positions, residents and visits are distinct measures. Empty cells do not mean zero. Statements of intent are not presented as project implementation or treaties in force.
- Bilateral relations — SRB-PSE
mfa.gov.rs · Institutional source · Accessed: 2026-10-08
- Bounded matrix; reporter, partner, year, chapter and direction identified in each record
UN Comtrade; reporters RWA, SAU, SEN, SGP, SRB · Institutional source · Accessed: 2026-10-08
- NY.GDP.MKTP.CD; ISO and reference year; no military dataset expansion
World Bank · Institutional source · Accessed: 2026-10-07
- Official statistics
World Bank · Institutional source · Accessed: 2026-10-07
- SP.POP.TOTL; ISO and reference year; no military dataset expansion
World Bank · Institutional source · Accessed: 2026-10-07
- Official statistics
World Bank · Institutional source · Accessed: 2026-10-07