Taxes on incomes of individuals and corporations as share of GDP in Serbia
Serbia: Taxes on incomes of individuals and corporations as share of GDP was 7.2% in 2022. ▲ Rising
Taxes on incomes of individuals and corporations as share of GDP in Serbia, 2007–2022
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in %.
Analysis
In 2022, taxes on incomes of individuals and corporations as share of gdp in Serbia stood at 7.2%. That is the highest value across all 16 years on record.
The figure is up 8.7% on the previous year and up 25.1% over ten years.
Over the whole period, taxes on incomes of individuals and corporations as share of gdp in Serbia peaked at 7.2% in 2022 and was at its lowest, 5.2%, in 2011.
That places Serbia 75th out of 184 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Taxes on incomes of individuals and corporations as share of GDP in Serbia, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 5.8% | — |
| 2008 | 6.0% | +4.7% |
| 2009 | 5.4% | -10.6% |
| 2010 | 5.3% | -2.1% |
| 2011 | 5.2% | -1.1% |
| 2012 | 5.8% | +10.6% |
| 2013 | 5.3% | -8.9% |
| 2014 | 5.5% | +5.2% |
| 2015 | 5.4% | -2.8% |
| 2016 | 5.7% | +5.6% |
| 2017 | 6.3% | +11.2% |
| 2018 | 6.2% | -2.2% |
| 2019 | 6.3% | +2.7% |
| 2020 | 6.0% | -6.1% |
| 2021 | 6.6% | +11.4% |
| 2022 | 7.2% | +8.7% |
Serbia compared with similar countries
- Serbia's 7.2% is above the median for upper middle income countries, which is 5.7%, 1.3× the median. (54 countries reporting)
- Serbia's 7.2% is below the median for Europe & Central Asia, which is 8.9%, 81% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.7% | 5.4% | 6.0% | 3 |
| 2010s | 5.7% | 5.2% | 6.3% | 10 |
| 2020s | 6.6% | 6.0% | 7.2% | 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 taxes on incomes of individuals and corporations as share of gdp in Serbia?
- Taxes on incomes of individuals and corporations as share of gdp in Serbia was 7.2% in 2022, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on incomes of individuals and corporations as share of gdp recorded in Serbia?
- The highest recorded value was 7.2% in 2022.
- What is the lowest taxes on incomes of individuals and corporations as share of gdp recorded in Serbia?
- The lowest recorded value was 5.2% in 2011.
- How does Serbia rank for taxes on incomes of individuals and corporations as share of gdp?
- Serbia ranks 75th out of 184 countries with data for 2022.
- Is taxes on incomes of individuals and corporations as share of gdp rising or falling in Serbia?
- Over the last ten years it is up 25.1%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on incomes of individuals and corporations as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.