Revenue, excluding grants in Serbia
Serbia: Revenue, excluding grants was 38.6% in 2022. ▲ Rising
Revenue, excluding grants in Serbia, 2007–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for revenue, excluding grants in Serbia is 38.6%, measured in 2022.
The figure is up 11.8% on the previous year and up 22.5% over ten years.
Over the whole period, revenue, excluding grants 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.
Revenue, excluding grants 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% |
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)
- General government final consumption expenditure (current LCU) 12.58 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 19.21 current LCU per US$ of GDP (2025)
- General government final consumption expenditure (current LCU), per 293,148 current LCU per person (2025)
- General government final consumption expenditure (constant 2015 US$) 3.15 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.0931 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,421 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 11.68 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6244 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is revenue, excluding grants in Serbia?
- Revenue, excluding grants in Serbia was 38.6% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Serbia?
- The highest recorded value was 39.4% in 2020.
- What is the lowest revenue, excluding grants recorded in Serbia?
- The lowest recorded value was 31.5% in 2012.
- How does Serbia rank for revenue, excluding grants?
- Serbia ranks 19th out of 157 countries with data for 2022.
- Is revenue, excluding grants 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 Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.