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However, the Serbians will be much more disappointed to be playing for bronze medals after starting the tournament with seven straight wins before being handed the first defeat on Saturday.
Bogdan Bogdanovic leads the team in scoring with 13.3 points per game, also averaging 2.8 rebounds and 2.5 assists.
Aleksandar Dzikic's side ranks second in scoring in the tournament with 78 points per game, while Spain is fourth with an average of 73.1.
Real Madrid wing man Daniel Diez is the top scorer for Spain with 15 points and 5.8 rebounds per game, Jaime Fernandez has an average of 11.9 points, while last year's U18 MVP Alejandro Abrines chips in with 11.4 points per game.
Spain ranks second in points allowed with 62.9 points, but the Serbians are close behind in the third place with an average of 63.3.