Adjusted savings: education expenditure in Serbia
Serbia: Adjusted savings: education expenditure was 2.24 billion current US$ in 2021. ▲ Rising
Adjusted savings: education expenditure in Serbia, 1997–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Serbia recorded 2.24 billion current US$ for adjusted savings: education expenditure in 2021.
The figure is up 17.2% on the previous year and up 5.7% over ten years.
Over the whole period, adjusted savings: education expenditure in Serbia peaked at 2.36 billion current US$ in 2008 and was at its lowest, 301.84 million current US$, in 2000.
Serbia ranks 83rd of 195 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Adjusted savings: education expenditure in Serbia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1997 | 1.13 billion current US$ | — |
| 1998 | 854.70 million current US$ | -24.3% |
| 1999 | 851.83 million current US$ | -0.3% |
| 2000 | 301.84 million current US$ | -64.6% |
| 2001 | 569.23 million current US$ | +88.6% |
| 2002 | 748.56 million current US$ | +31.5% |
| 2003 | 981.04 million current US$ | +31.1% |
| 2004 | 1.14 billion current US$ | +16.0% |
| 2005 | 1.19 billion current US$ | +4.3% |
| 2006 | 1.38 billion current US$ | +16.6% |
| 2007 | 1.84 billion current US$ | +32.7% |
| 2008 | 2.36 billion current US$ | +28.5% |
| 2009 | 2.09 billion current US$ | -11.4% |
| 2010 | 1.87 billion current US$ | -10.4% |
| 2011 | 2.12 billion current US$ | +13.2% |
| 2012 | 1.76 billion current US$ | -17.2% |
| 2013 | 1.91 billion current US$ | +8.5% |
| 2014 | 1.81 billion current US$ | -4.9% |
| 2015 | 1.47 billion current US$ | -18.8% |
| 2016 | 1.43 billion current US$ | -2.8% |
| 2017 | 1.56 billion current US$ | +8.6% |
| 2018 | 1.76 billion current US$ | +12.9% |
| 2019 | 1.80 billion current US$ | +2.7% |
| 2020 | 1.91 billion current US$ | +6.2% |
| 2021 | 2.24 billion current US$ | +17.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 944.98 million current US$ | 851.83 million current US$ | 1.13 billion current US$ | 3 |
| 2000s | 1.26 billion current US$ | 301.84 million current US$ | 2.36 billion current US$ | 10 |
| 2010s | 1.75 billion current US$ | 1.43 billion current US$ | 2.12 billion current US$ | 10 |
| 2020s | 2.08 billion current US$ | 1.91 billion current US$ | 2.24 billion current US$ | 2 |
Countries ranked near Serbia
- 80 Lithuania 2.48 billion current US$ compare
- 81 Bolivia, Plurinational State of 2.39 billion current US$ compare
- 82 Dominican Republic 2.26 billion current US$ compare
- 84 Angola 2.22 billion current US$ compare
- 85 Côte d'Ivoire 2.16 billion current US$ compare
- 86 Azerbaijan 2.08 billion current US$ compare
More economy & growth data for Serbia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.7 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- GNI, Atlas method (current US$), annual growth rate 15.44 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.8833 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 13,480 current US$ per person (2025)
- GNI (current US$), annual growth rate 10.93 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9371 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 14,303 current US$ per person (2025)
- GNI (current LCU), annual growth rate 6.59 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 97.44 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Serbia?
- Adjusted savings: education expenditure in Serbia was 2.24 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Serbia?
- The highest recorded value was 2.36 billion current US$ in 2008.
- What is the lowest adjusted savings: education expenditure recorded in Serbia?
- The lowest recorded value was 301.84 million current US$ in 2000.
- How does Serbia rank for adjusted savings: education expenditure?
- Serbia ranks 83rd out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Serbia?
- Over the last ten years it is up 5.7%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.