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Serbia Government Budget: Revenues and Spending

Serbia Government Budget Data

Indicator Data Period
Government Spending 319005 RSD Million | 2.888 B USD 2Q/23
Government Budget to GDP -3.3 % 2022
Government Spending to GDP 46.9 % 2022


Latest data on Government Spending (RSD Million)

Government Spending
                     Serbia - Historical Data (RSD Million)

What is current Serbia Government Spending?

  • Government Spending in Serbia increased to 319005 RSD Million (2.888 B USD) in the second quarter of 2023. The maximum volume was 278897 RSD Million and minimum was 2321 RSD Million
  • Data published Quarterly by Statistical Office.

Historical Data (RSD Million) by years

Data
Period
Date
319005 2Q/23 31.08.2023
283544 1Q/23 01.06.2023
314689 4Q/22 02.03.2023
274842 3Q/22 30.11.2022
288779 2Q/22 03.09.2022
269218 1Q/22 04.06.2022
294248 4Q/21 05.03.2022
264400 3Q/21 18.01.2022


Historical Chart by presidents (RSD Million)

Government Spending in Serbia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Aleksandar Vučić 31.05.2017 - 175504.5000 171918.4100 202426.9100 158278.5900 -2.04%
Tomislav Nikolić 31.05.2012 - 31.05.2017 171342.0900 158278.5900 195831.5900 149677.2000 -7.62%
Boris Tadić 11.06.2004 - 05.04.2012 73893.4000 151612.0900 176079.7000 72630.7000 105.18%


Latest data on Government Budget to GDP (%)

Government Budget to GDP
                     Serbia - Historical Data (%)

What is the deficit of Serbia Government Budget?

  • The deficit of Current Account to GDP in Serbia increased to 3.3 % in 2022. The maximum surplus was 1.1 % and deficit was -5.9 %.
  • Data published Yearly by Central Bank.

Historical Data (%) by years

Data
Period
Date
-3.3 2022 06.02.2023
-4.6 2021 19.07.2022
-8.4 2020 16.08.2021
0.2 2019 28.04.2020
0.6 2018 04.07.2019


Historical Chart by presidents (%)

Government Budget to GDP in Serbia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Government Spending to GDP (%)

Government Spending to GDP
                     Serbia - Historical Data (%)

What is Serbia government spending ratio to GDP?

  • Government Spending to GDP in Serbia decreased to 46.9 % in 2022. The maximum level was 45.2 % and minimum was 39.8 %.
  • Data published Yearly by Ministry of Finance.

Historical Data (%) by years

Data
Period
Date
46.9 2022 08.05.2023
47.4 2021 20.07.2022
49.4 2020 16.08.2021
42.3 2019 28.04.2020
41 2018 04.07.2019


Historical Chart by presidents (%)

Government Spending to GDP in Serbia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other budget indicators in Serbia

Index Updated Actual Previous
Government Debt to GDP 2022 55.1 % 56.5
Military Expenditure 2022 1.426 B USD 1.271

Government Budget to GDP in other countries

Country Updated Actual Previous
Austria 2022 -3.2 % -5.8
Ireland 2022 1.6 % -1.6
Luxembourg 2022 0.2 % 0.7
Spain 2022 -4.8 % -6.9
Iceland 2022 -4.3 % -8.4
Norway 2022 26 % 10.6
Belarus 2021 -0.3 % -1.3
Belgium 2022 -3.9 % -5.5
Bulgaria 2022 -2.8 % -3.9
Croatia 2022 0.4 % -2.5
Cyprus 2022 2.1 % -2
Czech Republic 2022 -3.2 % -5.1
Denmark 2022 3.3 % 3.6
Estonia 2022 -0.9 % -2.4
Euro Area 2022 -3.6 % -5.3
Finland 2022 -0.9 % -2.8
France 2022 -4.7 % -6.5
Germany 2022 -2.6 % -3.7
Greece 2022 -2.3 % -7.1
Hungary 2022 -6.2 % -7.1
Italy 2022 -8 % -9
Latvia 2022 -4.4 % -7.1
Lithuania 2022 -0.6 % -1.2
Macedonia 2022 -4.1 % -5.4
Malta 2022 -5.8 % -7.8
Moldova 2022 -3.3 % -2.6
Montenegro 2022 -4.6 % -1.7
Netherlands 2022 0 % -2.4
Poland 2022 -3.7 % -1.8
Portugal 2022 -0.4 % -2.9
Romania 2022 -5.8 % -7.1
Russia 2022 -2.3 % 0.8
Serbia 2022 -3.3 % -4.6
Slovakia 2022 -2 % -5.4
Slovenia 2022 -3 % -4.6
Sweden 2022 0.7 % 0
Switzerland 2022 1 % -0.3
Turkey 2022 -0.9 % -2.8
Ukraine 2022 -16.3 % -3.4
United Kingdom 2022 -5.5 % -5.2
Albania 2022 -3.8 % -4.5
Bosnia and Herzegovina 2022 -0.4 % -0.3
Kosovo 2021 -0.9 % -7.6