Total Expenditure (central government) — Value US$, 2015 prices in Serbia
Serbia: Total Expenditure (central government) — Value US$, 2015 prices was 14,544 million USD in 2024. ▲ Rising
Total Expenditure (central government) — Value US$, 2015 prices in Serbia, 2003–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, total expenditure (central government) — value us$, 2015 prices in Serbia stood at 14,544 million USD.
Compared with earlier readings it is up 13.2% on the previous year and up 19.7% over ten years.
Over the whole period, total expenditure (central government) — value us$, 2015 prices in Serbia peaked at 14,863 million USD in 2012 and was at its lowest, 6,778 million USD, in 2003.
That places Serbia 77th out of 173 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Total Expenditure (central government) — Value US$, 2015 prices in Serbia, year by year
| Year | million USD | Change |
|---|---|---|
| 2003 | 6,778 million USD | — |
| 2004 | 7,902 million USD | +16.6% |
| 2005 | 11,510 million USD | +45.7% |
| 2006 | 12,874 million USD | +11.9% |
| 2007 | 13,595 million USD | +5.6% |
| 2008 | 14,594 million USD | +7.3% |
| 2009 | 14,040 million USD | -3.8% |
| 2010 | 14,506 million USD | +3.3% |
| 2011 | 14,328 million USD | -1.2% |
| 2012 | 14,863 million USD | +3.7% |
| 2013 | 11,742 million USD | -21.0% |
| 2014 | 12,155 million USD | +3.5% |
| 2015 | 11,977 million USD | -1.5% |
| 2016 | 11,852 million USD | -1.0% |
| 2017 | 11,693 million USD | -1.3% |
| 2018 | 11,986 million USD | +2.5% |
| 2019 | 12,919 million USD | +7.8% |
| 2020 | 14,097 million USD | +9.1% |
| 2021 | 13,598 million USD | -3.5% |
| 2022 | 13,477 million USD | -0.9% |
| 2023 | 12,850 million USD | -4.7% |
| 2024 | 14,544 million USD | +13.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11,613 million USD | 6,778 million USD | 14,594 million USD | 7 |
| 2010s | 12,802 million USD | 11,693 million USD | 14,863 million USD | 10 |
| 2020s | 13,713 million USD | 12,850 million USD | 14,544 million USD | 5 |
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.35 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8533 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 13,023 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 88.72 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 1.35 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.77 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.4917 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is total expenditure (central government) — value us$, 2015 prices in Serbia?
- Total expenditure (central government) — value us$, 2015 prices in Serbia was 14,544 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$, 2015 prices recorded in Serbia?
- The highest recorded value was 14,863 million USD in 2012.
- What is the lowest total expenditure (central government) — value us$, 2015 prices recorded in Serbia?
- The lowest recorded value was 6,778 million USD in 2003.
- How does Serbia rank for total expenditure (central government) — value us$, 2015 prices?
- Serbia ranks 77th out of 173 countries with data for 2024.
- Is total expenditure (central government) — value us$, 2015 prices rising or falling in Serbia?
- Over the last ten years it is up 19.7%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.