Taxes less subsidies on products (constant LCU), per unit of GDP in Serbia
Serbia: Taxes less subsidies on products (constant LCU), per unit of GDP was 11.7 constant LCU per US$ of GDP in 2025. ▼ Falling
Taxes less subsidies on products (constant LCU), per unit of GDP in Serbia, 1995–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Serbia recorded 11.7 constant LCU per US$ of GDP for taxes less subsidies on products (constant lcu), per unit of gdp in 2025. That is the lowest value across all 31 years on record.
That represents a change of down 6.7% on the previous year and down 46.5% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Serbia peaked at 70.01 constant LCU per US$ of GDP in 2000 and was at its lowest, 11.7 constant LCU per US$ of GDP, in 2025.
That places Serbia 42nd out of 189 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Taxes less subsidies on products (constant LCU), per unit of GDP in Serbia, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 22.97 constant LCU per US$ of GDP | — |
| 1996 | 20.63 constant LCU per US$ of GDP | -10.2% |
| 1997 | 18.43 constant LCU per US$ of GDP | -10.7% |
| 1998 | 24.56 constant LCU per US$ of GDP | +33.2% |
| 1999 | 22.41 constant LCU per US$ of GDP | -8.8% |
| 2000 | 70.01 constant LCU per US$ of GDP | +212.4% |
| 2001 | 43.77 constant LCU per US$ of GDP | -37.5% |
| 2002 | 35.89 constant LCU per US$ of GDP | -18.0% |
| 2003 | 29.15 constant LCU per US$ of GDP | -18.8% |
| 2004 | 29.93 constant LCU per US$ of GDP | +2.7% |
| 2005 | 29.26 constant LCU per US$ of GDP | -2.2% |
| 2006 | 27.54 constant LCU per US$ of GDP | -5.9% |
| 2007 | 22.39 constant LCU per US$ of GDP | -18.7% |
| 2008 | 19.39 constant LCU per US$ of GDP | -13.4% |
| 2009 | 21.06 constant LCU per US$ of GDP | +8.6% |
| 2010 | 22.66 constant LCU per US$ of GDP | +7.6% |
| 2011 | 19 constant LCU per US$ of GDP | -16.2% |
| 2012 | 20.81 constant LCU per US$ of GDP | +9.6% |
| 2013 | 18.22 constant LCU per US$ of GDP | -12.5% |
| 2014 | 18.46 constant LCU per US$ of GDP | +1.3% |
| 2015 | 21.85 constant LCU per US$ of GDP | +18.4% |
| 2016 | 22.19 constant LCU per US$ of GDP | +1.5% |
| 2017 | 20.57 constant LCU per US$ of GDP | -7.3% |
| 2018 | 18.44 constant LCU per US$ of GDP | -10.4% |
| 2019 | 18.88 constant LCU per US$ of GDP | +2.4% |
| 2020 | 17.62 constant LCU per US$ of GDP | -6.7% |
| 2021 | 16.1 constant LCU per US$ of GDP | -8.6% |
| 2022 | 16.46 constant LCU per US$ of GDP | +2.2% |
| 2023 | 13.31 constant LCU per US$ of GDP | -19.1% |
| 2024 | 12.54 constant LCU per US$ of GDP | -5.8% |
| 2025 | 11.7 constant LCU per US$ of GDP | -6.7% |
Serbia compared with similar countries
- Serbia's 11.7 constant LCU per US$ of GDP is above the median for upper middle income countries, which is 0.3532 constant LCU per US$ of GDP, 33.1× the median. (54 countries reporting)
- Serbia's 11.7 constant LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.0947 constant LCU per US$ of GDP, 123.6× the median. (53 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (constant LCU), per unit of GDP in Serbia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +212.4% | 22.41 constant LCU per US$ of GDP | 70.01 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.8 constant LCU per US$ of GDP | 18.43 constant LCU per US$ of GDP | 24.56 constant LCU per US$ of GDP | 5 |
| 2000s | 32.84 constant LCU per US$ of GDP | 19.39 constant LCU per US$ of GDP | 70.01 constant LCU per US$ of GDP | 10 |
| 2010s | 20.11 constant LCU per US$ of GDP | 18.22 constant LCU per US$ of GDP | 22.66 constant LCU per US$ of GDP | 10 |
| 2020s | 14.62 constant LCU per US$ of GDP | 11.7 constant LCU per US$ of GDP | 17.62 constant LCU per US$ of GDP | 6 |
Countries ranked near Serbia
- 39 Democratic Republic of Congo 13.64 constant LCU per US$ of GDP compare
- 40 Jamaica 13.55 constant LCU per US$ of GDP compare
- 41 Vanuatu 12.19 constant LCU per US$ of GDP compare
- 43 Albania 9.66 constant LCU per US$ of GDP compare
- 44 Iceland 9.12 constant LCU per US$ of GDP compare
- 45 Djibouti 9.01 constant LCU per US$ of GDP compare
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$), annual growth rate 12.03 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (constant lcu), per unit of gdp in Serbia?
- Taxes less subsidies on products (constant lcu), per unit of gdp in Serbia was 11.7 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Serbia?
- The highest recorded value was 70.01 constant LCU per US$ of GDP in 2000.
- What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Serbia?
- The lowest recorded value was 11.7 constant LCU per US$ of GDP in 2025.
- How does Serbia rank for taxes less subsidies on products (constant lcu), per unit of gdp?
- Serbia ranks 42nd out of 189 countries with data for 2025.
- Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Serbia?
- Over the last ten years it is down 46.5%. The long-run trend across the full record is falling.
- Where does this Serbia data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.