Government revenues as a share of GDP in Serbia

Serbia: Government revenues as a share of GDP was 46.3% in 2022. ▲ Rising

Latest (2022)
46.3%
Change on year
down 0.9%
World rank
19th
of 174 countries
All-time high
48.3%
in 2019
All-time low
37.7%
in 2011
Years of data
16
2007–2022

Government revenues as a share of GDP in Serbia, 2007–2022

010203040502007201420222007: 41.2 %2008: 41.1 %2009: 39.2 %2010: 39.3 %2011: 37.7 %2012: 38.4 %2013: 44.5 %2014: 45.9 %2015: 46.5 %2016: 46.9 %2017: 46.9 %2018: 47.3 %2019: 48.3 %2020: 47.2 %2021: 46.7 %2022: 46.3 %

Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.

Analysis

The most recent figure for government revenues as a share of gdp in Serbia is 46.3%, measured in 2022.

That represents a change of down 0.9% on the previous year and up 20.6% over ten years.

Over the whole period, government revenues as a share of gdp in Serbia peaked at 48.3% in 2019 and was at its lowest, 37.7%, in 2011.

That places Serbia 19th out of 174 countries with data for 2022, putting it in the top quarter.

The long-run direction has been consistently rising across the 16 years of available data.

Government revenues as a share of GDP in Serbia, year by year

Annual values for Government revenues as a share of GDP in Serbia, 2007 to 2022.
Year % Change
2007 41.2%
2008 41.1% -0.2%
2009 39.2% -4.6%
2010 39.3% +0.1%
2011 37.7% -3.9%
2012 38.4% +1.7%
2013 44.5% +16.0%
2014 45.9% +3.0%
2015 46.5% +1.3%
2016 46.9% +0.9%
2017 46.9% -0.0%
2018 47.3% +0.9%
2019 48.3% +2.2%
2020 47.2% -2.3%
2021 46.7% -1.1%
2022 46.3% -0.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 40.5% 39.2% 41.2% 3
2010s 44.2% 37.7% 48.3% 10
2020s 46.7% 46.3% 47.2% 3

Countries ranked near Serbia

  1. 16 Greece 48.4% compare
  2. 17 Sweden 47.7% compare
  3. 18 Luxembourg 46.6% compare
  4. 20 Croatia 46.2% compare
  5. 21 Italy 46.1% compare
  6. 22 Cyprus 45.9% compare

See the full ranking of 174 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is government revenues as a share of gdp in Serbia?
Government revenues as a share of gdp in Serbia was 46.3% in 2022, according to International Monetary Fund – with minor processing by Our World in Data.
What is the highest government revenues as a share of gdp recorded in Serbia?
The highest recorded value was 48.3% in 2019.
What is the lowest government revenues as a share of gdp recorded in Serbia?
The lowest recorded value was 37.7% in 2011.
How does Serbia rank for government revenues as a share of gdp?
Serbia ranks 19th out of 174 countries with data for 2022.
Is government revenues as a share of gdp rising or falling in Serbia?
Over the last ten years it is up 20.6%. The long-run trend across the full record is rising.
Where does this Serbia data come from?
The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Government revenues as a share of GDP. Statizoid updates them automatically from the source API.

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Government revenues as a share of GDP in Serbia. Statizoid, drawing on International Monetary Fund – with minor processing by Our World in Data. Retrieved 09 September 2026, from https://economy.statizoid.com/stat/government-revenues-as-a-share-of-gdp-imf/serbia/

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About this data

Indicator
Government revenues as a share of GDP
Unit
%
Source
International Monetary Fund – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
174 places, 3,311 data points, 2000–2023
Last refreshed

Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included.