Central government revenues as a share of GDP in Serbia
Serbia: Central government revenues as a share of GDP was 38.6% in 2022. ▲ Rising
Central government revenues as a share of GDP in Serbia, 2007–2022
Source: International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
Serbia recorded 38.6% for central government revenues as a share of gdp in 2022.
That represents a change of up 11.8% on the previous year and up 22.5% over ten years.
Over the whole period, central government revenues as a share of gdp in Serbia peaked at 39.4% in 2020 and was at its lowest, 31.5%, in 2012.
That places Serbia 19th out of 157 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.
Central government revenues as a share of GDP in Serbia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2007 | 34.8% | — |
| 2008 | 34.7% | -0.3% |
| 2009 | 33.3% | -4.2% |
| 2010 | 33.1% | -0.5% |
| 2011 | 31.7% | -4.2% |
| 2012 | 31.5% | -0.6% |
| 2013 | 35.9% | +13.8% |
| 2014 | 37.3% | +4.0% |
| 2015 | 37.5% | +0.4% |
| 2016 | 38.3% | +2.3% |
| 2017 | 39.0% | +1.8% |
| 2018 | 38.6% | -1.0% |
| 2019 | 39.3% | +1.7% |
| 2020 | 39.4% | +0.4% |
| 2021 | 34.6% | -12.3% |
| 2022 | 38.6% | +11.8% |
Serbia compared with similar countries
- Serbia's 38.6% is above the median for upper middle income countries, which is 25.7%, 1.5× the median. (48 countries reporting)
- Serbia's 38.6% is above the median for Europe & Central Asia, which is 35.0%, 1.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.3% | 33.3% | 34.8% | 3 |
| 2010s | 36.2% | 31.5% | 39.3% | 10 |
| 2020s | 37.5% | 34.6% | 39.4% | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.33 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0133 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 203.25 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.94 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -29.57 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0394 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 600.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.03 % change on previous year (2025)
Frequently asked questions
- What is central government revenues as a share of gdp in Serbia?
- Central government revenues as a share of gdp in Serbia was 38.6% in 2022, according to International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest central government revenues as a share of gdp recorded in Serbia?
- The highest recorded value was 39.4% in 2020.
- What is the lowest central government revenues as a share of gdp recorded in Serbia?
- The lowest recorded value was 31.5% in 2012.
- How does Serbia rank for central government revenues as a share of gdp?
- Serbia ranks 19th out of 157 countries with data for 2022.
- Is central government revenues as a share of gdp rising or falling in Serbia?
- Over the last ten years it is up 22.5%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Central government revenues as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included. Grants excluded.