Expense in Serbia
Serbia: Expense was 35.5% in 2022. ▲ Rising
Expense in Serbia, 2007–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2022, expense in Serbia stood at 35.5%.
Compared with earlier readings it is down 5.9% on the previous year and up 0.1% over ten years.
Over the whole period, expense in Serbia peaked at 42.5% in 2020 and was at its lowest, 33.1%, in 2007.
Serbia ranks 33rd of 157 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Expense in Serbia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2007 | 33.1% | — |
| 2008 | 34.5% | +4.5% |
| 2009 | 34.5% | -0.1% |
| 2010 | 35.1% | +1.8% |
| 2011 | 34.1% | -2.9% |
| 2012 | 35.4% | +3.9% |
| 2013 | 39.1% | +10.4% |
| 2014 | 40.9% | +4.6% |
| 2015 | 39.1% | -4.5% |
| 2016 | 37.8% | -3.2% |
| 2017 | 36.1% | -4.4% |
| 2018 | 35.2% | -2.6% |
| 2019 | 35.7% | +1.6% |
| 2020 | 42.5% | +19.0% |
| 2021 | 37.7% | -11.4% |
| 2022 | 35.5% | -5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.0% | 33.1% | 34.5% | 3 |
| 2010s | 36.9% | 34.1% | 40.9% | 10 |
| 2020s | 38.6% | 35.5% | 42.5% | 3 |
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.35 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8533 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 13,023 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 88.72 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 1.35 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.77 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.4917 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is expense in Serbia?
- Expense in Serbia was 35.5% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Serbia?
- The highest recorded value was 42.5% in 2020.
- What is the lowest expense recorded in Serbia?
- The lowest recorded value was 33.1% in 2007.
- How does Serbia rank for expense?
- Serbia ranks 33rd out of 157 countries with data for 2022.
- Is expense rising or falling in Serbia?
- Over the last ten years it is up 0.1%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.