Taxes less subsidies on products in Serbia
Serbia: Taxes less subsidies on products was 1.17 trillion constant LCU in 2025. ▲ Rising
Taxes less subsidies on products in Serbia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for taxes less subsidies on products in Serbia is 1.17 trillion constant LCU, measured in 2025. That is the highest value across all 31 years on record.
The figure is up 3.5% on the previous year and up 29.6% over ten years.
Over the whole period, taxes less subsidies on products in Serbia peaked at 1.17 trillion constant LCU in 2025 and was at its lowest, 411.62 billion constant LCU, in 1995.
Serbia ranks 29th of 189 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Taxes less subsidies on products in Serbia, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1995 | 411.62 billion constant LCU | — |
| 1996 | 480.31 billion constant LCU | +16.7% |
| 1997 | 500.56 billion constant LCU | +4.2% |
| 1998 | 515.91 billion constant LCU | +3.1% |
| 1999 | 467.91 billion constant LCU | -9.3% |
| 2000 | 512.93 billion constant LCU | +9.6% |
| 2001 | 595.29 billion constant LCU | +16.1% |
| 2002 | 643.57 billion constant LCU | +8.1% |
| 2003 | 687.70 billion constant LCU | +6.9% |
| 2004 | 803.58 billion constant LCU | +16.9% |
| 2005 | 829.17 billion constant LCU | +3.2% |
| 2006 | 917.06 billion constant LCU | +10.6% |
| 2007 | 1.01 trillion constant LCU | +9.6% |
| 2008 | 1.05 trillion constant LCU | +4.6% |
| 2009 | 988.76 billion constant LCU | -5.9% |
| 2010 | 986.61 billion constant LCU | -0.2% |
| 2011 | 973.65 billion constant LCU | -1.3% |
| 2012 | 938.80 billion constant LCU | -3.6% |
| 2013 | 919.28 billion constant LCU | -2.1% |
| 2014 | 906.67 billion constant LCU | -1.4% |
| 2015 | 902.53 billion constant LCU | -0.5% |
| 2016 | 936.94 billion constant LCU | +3.8% |
| 2017 | 945.88 billion constant LCU | +1.0% |
| 2018 | 973.65 billion constant LCU | +2.9% |
| 2019 | 1.02 trillion constant LCU | +4.4% |
| 2020 | 984.55 billion constant LCU | -3.2% |
| 2021 | 1.07 trillion constant LCU | +8.2% |
| 2022 | 1.10 trillion constant LCU | +3.2% |
| 2023 | 1.08 trillion constant LCU | -1.5% |
| 2024 | 1.13 trillion constant LCU | +4.4% |
| 2025 | 1.17 trillion constant LCU | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 475.26 billion constant LCU | 411.62 billion constant LCU | 515.91 billion constant LCU | 5 |
| 2000s | 803.46 billion constant LCU | 512.93 billion constant LCU | 1.05 trillion constant LCU | 10 |
| 2010s | 950.09 billion constant LCU | 902.53 billion constant LCU | 1.02 trillion constant LCU | 10 |
| 2020s | 1.09 trillion constant LCU | 984.55 billion constant LCU | 1.17 trillion constant LCU | 6 |
Countries ranked near Serbia
- 26 Mali 1.33 trillion constant LCU compare
- 27 Congo, Democratic Republic of the 1.24 trillion constant LCU compare
- 28 Rwanda 1.17 trillion constant LCU compare
- 30 Benin 1.17 trillion constant LCU compare
- 31 Burkina Faso 1.07 trillion constant LCU compare
- 32 Kazakhstan 1.06 trillion constant LCU 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)
- Manufacturing, value added (current US$), per unit of GDP 0.1269 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 1,735 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 13.73 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 187,769 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0936 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 1,281 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 154,142 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 7.31 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products in Serbia?
- Taxes less subsidies on products in Serbia was 1.17 trillion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Serbia?
- The highest recorded value was 1.17 trillion constant LCU in 2025.
- What is the lowest taxes less subsidies on products recorded in Serbia?
- The lowest recorded value was 411.62 billion constant LCU in 1995.
- How does Serbia rank for taxes less subsidies on products?
- Serbia ranks 29th out of 189 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Serbia?
- Over the last ten years it is up 29.6%. The long-run trend across the full record is rising.
- 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 Taxes less subsidies on products (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.