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 5348, the country is classified as a higher middle income country. The country's GDP grew in 2016 with 2.8%, and totaled a nominal value of USD 37.7 billion.
Serbia is ranked at place 47 in the World Bank Doing Business Index, out of 189 countries in total. On Transparency International's corruption perception index, Serbia is ranked at place n/a, out of 167 countries in total.
Norwegian exports to Serbia in 2016 were NOK 220 million. The same year, Norway imported goods from Serbia at a value of 204 million.