Serbia has a population of 7.1 million people, and a land mass of 87 000 km2. Life expectancy is 74 years, and with a per capita GDP of USD 5900, the country is classified as a higher middle income country. The country's GDP grew in 2017 with 1.9%, and totaled a nominal value of USD 41.4 billion.
Serbia is ranked at place 48 in the World Bank Doing Business Index, out of 190 countries in total. On Transparency International's corruption perception index, Serbia is ranked at place 77, out of 180 countries in total.
Norwegian exports to Serbia in 2017 were NOK 299 million. The same year, Norway imported goods from Serbia at a value of 245 million.