Gross national expenditure in Serbia

Serbia: Gross national expenditure was 104.3% in 2025. ▬ Flat

Latest (2025)
104.3%
Change on year
down 0.2%
World rank
82nd
of 186 countries
All-time high
123.3%
in 2004
All-time low
102.9%
in 1995
Years of data
31
1995–2025

Gross national expenditure in Serbia, 1995–2025

02550751001251995201020251995: 102.9 % of GDP1996: 106.3 % of GDP1997: 107.1 % of GDP1998: 104.5 % of GDP1999: 104.2 % of GDP2000: 104.6 % of GDP2001: 114.5 % of GDP2002: 115.9 % of GDP2003: 114.2 % of GDP2004: 123.3 % of GDP2005: 116.8 % of GDP2006: 117.6 % of GDP2007: 120.2 % of GDP2008: 121 % of GDP2009: 112.8 % of GDP2010: 111.7 % of GDP2011: 112.3 % of GDP2012: 113.2 % of GDP2013: 107.9 % of GDP2014: 107.7 % of GDP2015: 106.8 % of GDP2016: 104.8 % of GDP2017: 106.5 % of GDP2018: 108.2 % of GDP2019: 109.7 % of GDP2020: 108.1 % of GDP2021: 107.7 % of GDP2022: 110.4 % of GDP2023: 104.3 % of GDP2024: 104.6 % of GDP2025: 104.3 % of GDP

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.

Analysis

In 2025, gross national expenditure in Serbia stood at 104.3%.

The figure is down 0.2% on the previous year and down 2.3% over ten years.

Over the whole period, gross national expenditure in Serbia peaked at 123.3% in 2004 and was at its lowest, 102.9%, in 1995.

That places Serbia 82nd out of 186 countries with data for 2025, putting it in the middle of the range.

Gross national expenditure in Serbia, year by year

Annual values for Gross national expenditure (% of GDP) in Serbia, 1995 to 2025.
Year % of GDP Change
1995 102.9%
1996 106.3% +3.3%
1997 107.1% +0.8%
1998 104.5% -2.5%
1999 104.2% -0.2%
2000 104.6% +0.4%
2001 114.5% +9.4%
2002 115.9% +1.3%
2003 114.2% -1.5%
2004 123.3% +8.0%
2005 116.8% -5.3%
2006 117.6% +0.7%
2007 120.2% +2.2%
2008 121.0% +0.6%
2009 112.8% -6.7%
2010 111.7% -1.0%
2011 112.3% +0.5%
2012 113.2% +0.8%
2013 107.9% -4.7%
2014 107.7% -0.1%
2015 106.8% -0.9%
2016 104.8% -1.8%
2017 106.5% +1.6%
2018 108.2% +1.6%
2019 109.7% +1.3%
2020 108.1% -1.4%
2021 107.7% -0.4%
2022 110.4% +2.6%
2023 104.3% -5.5%
2024 104.6% +0.2%
2025 104.3% -0.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 105.0% 102.9% 107.1% 5
2000s 116.1% 104.6% 123.3% 10
2010s 108.9% 104.8% 113.2% 10
2020s 106.6% 104.3% 110.4% 6

Countries ranked near Serbia

  1. 79 Mali 104.6% compare
  2. 80 Latvia 104.6% compare
  3. 81 Greece 104.5% compare
  4. 83 Dominican Republic 104.2% compare
  5. 84 Bolivia, Plurinational State of 104.1% compare
  6. 85 Syrian Arab Republic 104.1%

See the full ranking of 186 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is gross national expenditure in Serbia?
Gross national expenditure in Serbia was 104.3% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross national expenditure recorded in Serbia?
The highest recorded value was 123.3% in 2004.
What is the lowest gross national expenditure recorded in Serbia?
The lowest recorded value was 102.9% in 1995.
How does Serbia rank for gross national expenditure?
Serbia ranks 82nd out of 186 countries with data for 2025.
Is gross national expenditure rising or falling in Serbia?
Over the last ten years it is down 2.3%. The long-run trend across the full record is flat.
Where does this Serbia data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross national expenditure (% of GDP). Statizoid updates them automatically from the source API.

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Gross national expenditure in Serbia. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 08 September 2026, from https://economy.statizoid.com/stat/gross-national-expenditure-percent-of-gdp/serbia/

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About this data

Indicator
Gross national expenditure (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,544 data points, 1960–2025
Last refreshed

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. 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.