Adjusted savings: education expenditure in Serbia
Serbia: Adjusted savings: education expenditure was 3.7% in 2021. ▼ Falling
Adjusted savings: education expenditure in Serbia, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: education expenditure in Serbia is 3.7%, measured in 2021.
The figure is down 17.4% over ten years.
Over the whole period, adjusted savings: education expenditure in Serbia peaked at 4.7% in 2009 and was at its lowest, 3.7%, in 2018.
Serbia ranks 112th of 200 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 52 years of available data.
Adjusted savings: education expenditure in Serbia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 4.4% | — |
| 1971 | 4.4% | +0.0% |
| 1972 | 4.4% | +0.0% |
| 1973 | 4.4% | +0.0% |
| 1974 | 4.4% | +0.0% |
| 1975 | 4.4% | +0.0% |
| 1976 | 4.4% | +0.0% |
| 1977 | 4.4% | +0.0% |
| 1978 | 4.4% | +0.0% |
| 1979 | 4.4% | +0.0% |
| 1980 | 4.4% | +0.0% |
| 1981 | 4.4% | +0.0% |
| 1982 | 4.4% | +0.0% |
| 1983 | 4.4% | +0.0% |
| 1984 | 4.4% | +0.0% |
| 1985 | 4.4% | +0.0% |
| 1986 | 4.4% | +0.0% |
| 1987 | 4.4% | +0.0% |
| 1988 | 4.4% | +0.0% |
| 1989 | 4.4% | +0.0% |
| 1990 | 4.4% | +0.0% |
| 1991 | 4.4% | +0.0% |
| 1992 | 4.4% | +0.0% |
| 1993 | 4.4% | +0.0% |
| 1994 | 4.4% | +0.0% |
| 1995 | 4.4% | +0.0% |
| 1996 | 4.4% | +0.0% |
| 1997 | 4.4% | +0.0% |
| 1998 | 4.4% | +0.0% |
| 1999 | 4.4% | +0.0% |
| 2000 | 4.4% | +0.0% |
| 2001 | 4.4% | +0.0% |
| 2002 | 4.4% | +0.0% |
| 2003 | 4.4% | +0.0% |
| 2004 | 4.4% | +0.0% |
| 2005 | 4.4% | +0.0% |
| 2006 | 4.4% | +0.0% |
| 2007 | 4.4% | +0.0% |
| 2008 | 4.7% | +5.9% |
| 2009 | 4.7% | +1.1% |
| 2010 | 4.6% | -2.6% |
| 2011 | 4.5% | -2.2% |
| 2012 | 4.2% | -6.3% |
| 2013 | 4.1% | -2.3% |
| 2014 | 4.0% | -2.3% |
| 2015 | 3.9% | -2.7% |
| 2016 | 3.7% | -4.4% |
| 2017 | 3.8% | +1.1% |
| 2018 | 3.7% | -2.9% |
| 2019 | 3.7% | +1.2% |
| 2020 | 3.7% | +0.0% |
| 2021 | 3.7% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.4% | 4.4% | 4.4% | 10 |
| 1980s | 4.4% | 4.4% | 4.4% | 10 |
| 1990s | 4.4% | 4.4% | 4.4% | 10 |
| 2000s | 4.4% | 4.4% | 4.7% | 10 |
| 2010s | 4.0% | 3.7% | 4.6% | 10 |
| 2020s | 3.7% | 3.7% | 3.7% | 2 |
Countries ranked near Serbia
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)
- Final consumption expenditure (constant 2015 US$), per capita 7,240 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 10.67 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.04 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 15,918 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 6.35 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 108.44 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 1.66 million current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 3.53 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Serbia?
- Adjusted savings: education expenditure in Serbia was 3.7% 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 4.7% in 2009.
- What is the lowest adjusted savings: education expenditure recorded in Serbia?
- The lowest recorded value was 3.7% in 2018.
- How does Serbia rank for adjusted savings: education expenditure?
- Serbia ranks 112th out of 200 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Serbia?
- Over the last ten years it is down 17.4%. The long-run trend across the full record is falling.
- Where does this Serbia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (% of GNI). 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 as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.