Tax revenue as a proportion of GDP in Serbia
Serbia: Tax revenue as a proportion of GDP was 23.9% in 2022. ▲ Rising
Tax revenue as a proportion of GDP in Serbia, 2007–2022
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Serbia recorded 23.9% for tax revenue as a proportion of gdp in 2022. That is the highest value across all 16 years on record.
That represents a change of up 21.5% on the previous year and up 34.1% over ten years.
Over the whole period, tax revenue as a proportion of gdp in Serbia peaked at 23.9% in 2022 and was at its lowest, 17.8%, in 2012.
That places Serbia 21st out of 164 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.
Tax revenue as a proportion of GDP in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 20.5% | — |
| 2008 | 20.4% | -0.6% |
| 2009 | 19.2% | -5.5% |
| 2010 | 19.4% | +1.0% |
| 2011 | 18.3% | -5.8% |
| 2012 | 17.8% | -2.7% |
| 2013 | 20.0% | +12.2% |
| 2014 | 21.1% | +5.3% |
| 2015 | 21.5% | +2.0% |
| 2016 | 22.4% | +4.6% |
| 2017 | 23.1% | +3.0% |
| 2018 | 22.6% | -2.1% |
| 2019 | 23.0% | +1.6% |
| 2020 | 22.4% | -2.5% |
| 2021 | 19.7% | -12.3% |
| 2022 | 23.9% | +21.5% |
Serbia compared with similar countries
- Serbia's 23.9% is above the median for upper middle income countries, which is 17.2%, 1.4× the median. (45 countries reporting)
- Serbia's 23.9% is above the median for Europe & Central Asia, which is 20.4%, 1.2× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.0% | 19.2% | 20.5% | 3 |
| 2010s | 20.9% | 17.8% | 23.1% | 10 |
| 2020s | 22.0% | 19.7% | 23.9% | 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 tax revenue as a proportion of gdp in Serbia?
- Tax revenue as a proportion of gdp in Serbia was 23.9% in 2022, according to United Nations Statistics Division, SDG Global Database.
- What is the highest tax revenue as a proportion of gdp recorded in Serbia?
- The highest recorded value was 23.9% in 2022.
- What is the lowest tax revenue as a proportion of gdp recorded in Serbia?
- The lowest recorded value was 17.8% in 2012.
- How does Serbia rank for tax revenue as a proportion of gdp?
- Serbia ranks 21st out of 164 countries with data for 2022.
- Is tax revenue as a proportion of gdp rising or falling in Serbia?
- Over the last ten years it is up 34.1%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Tax revenue as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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