The National Bank of Serbia (NBS) announced that both dinar and foreign currency savings in Serbia continue to grow, reaching record levels in 2025 despite global economic uncertainties.
Marking World Savings Day on October 31, the NBS highlighted particularly strong growth in dinar savings in recent years, driven by sustained macroeconomic and financial stability and the long-term stability of the dinar-to-euro exchange rate.
Since 2012, when the Strategy for Dinarization of the financial system was introduced, household savings in dinars have increased more than elevenfold, by 187 billion dinars. In 2025 alone, dinar savings rose by 14.5 billion dinars (7.6%), reaching around 206 billion dinars by the end of October.
Short-term savings have grown the most, especially deposits of up to one year. The largest increases were recorded in sight deposits (7.4 billion dinars), three-to-six-month deposits (6.7 billion), and six-to-twelve-month deposits (5 billion), which now make up 52.5% of total dinar savings.
The average dinar savings balance per account stood at nearly 198,000 dinars at the end of September 2025. Excluding small deposits below 10,000 dinars — which account for over 83% of all savings accounts but only 0.3% of total savings — the average balance rises to about 1.2 million dinars.
The share of dinar savings in total household savings has also increased significantly, now representing about 10% of all deposits in domestic banks, compared to less than 2% in 2012, according to the NBS.
