Total Expenditure (central government) — Value US$ in Serbia

Serbia: Total Expenditure (central government) — Value US$ was 22,516 million USD in 2024. ▲ Rising

Latest (2024)
22,516 million USD
Change on year
up 19.3%
World rank
65th
of 173 countries
All-time high
22,516 million USD
in 2024
All-time low
5,349 million USD
in 2003
Years of data
22
2003–2024

Total Expenditure (central government) — Value US$ in Serbia, 2003–2024

5.0k10.0k15.0k20.0k25.0k2003201320242003: 5.3k million USD2004: 6.7k million USD2005: 9.7k million USD2006: 12.1k million USD2007: 16.0k million USD2008: 19.7k million USD2009: 16.8k million USD2010: 16.0k million USD2011: 18.2k million USD2012: 16.7k million USD2013: 14.4k million USD2014: 14.7k million USD2015: 12.0k million USD2016: 11.8k million USD2017: 12.3k million USD2018: 13.9k million USD2019: 14.6k million USD2020: 16.6k million USD2021: 17.6k million USD2022: 17.2k million USD2023: 18.9k million USD2024: 22.5k million USD

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for total expenditure (central government) — value us$ in Serbia is 22,516 million USD, measured in 2024. That is the highest value across all 22 years on record.

Compared with earlier readings it is up 19.3% on the previous year and up 53.3% over ten years.

Over the whole period, total expenditure (central government) — value us$ in Serbia peaked at 22,516 million USD in 2024 and was at its lowest, 5,349 million USD, in 2003.

That places Serbia 65th 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$ in Serbia, year by year

Annual values for Total Expenditure (central government) — Value US$ in Serbia, 2003 to 2024.
Year million USD Change
2003 5,349 million USD
2004 6,652 million USD +24.4%
2005 9,721 million USD +46.1%
2006 12,137 million USD +24.9%
2007 16,006 million USD +31.9%
2008 19,659 million USD +22.8%
2009 16,821 million USD -14.4%
2010 15,982 million USD -5.0%
2011 18,216 million USD +14.0%
2012 16,736 million USD -8.1%
2013 14,357 million USD -14.2%
2014 14,685 million USD +2.3%
2015 11,977 million USD -18.4%
2016 11,769 million USD -1.7%
2017 12,347 million USD +4.9%
2018 13,882 million USD +12.4%
2019 14,589 million USD +5.1%
2020 16,639 million USD +14.1%
2021 17,621 million USD +5.9%
2022 17,154 million USD -2.6%
2023 18,869 million USD +10.0%
2024 22,516 million USD +19.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 12,335 million USD 5,349 million USD 19,659 million USD 7
2010s 14,454 million USD 11,769 million USD 18,216 million USD 10
2020s 18,560 million USD 16,639 million USD 22,516 million USD 5

Countries ranked near Serbia

  1. 62 Lithuania 25,364 million USD compare
  2. 63 Dominican Republic 24,282 million USD compare
  3. 64 Uzbekistan 23,231 million USD compare
  4. 66 Angola 22,158 million USD compare
  5. 67 Slovenia 22,108 million USD compare
  6. 68 Azerbaijan 20,941 million USD compare

See the full ranking of 188 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is total expenditure (central government) — value us$ in Serbia?
Total expenditure (central government) — value us$ in Serbia was 22,516 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total expenditure (central government) — value us$ recorded in Serbia?
The highest recorded value was 22,516 million USD in 2024.
What is the lowest total expenditure (central government) — value us$ recorded in Serbia?
The lowest recorded value was 5,349 million USD in 2003.
How does Serbia rank for total expenditure (central government) — value us$?
Serbia ranks 65th out of 173 countries with data for 2024.
Is total expenditure (central government) — value us$ rising or falling in Serbia?
Over the last ten years it is up 53.3%. 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$. Statizoid updates them automatically from the source API.

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Total Expenditure (central government) — Value US$ in Serbia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 23 August 2026, from https://economy.statizoid.com/stat/total-expenditure-central-government-value-us/serbia/

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About this data

Indicator
Total Expenditure (central government) — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
188 places, 3,857 data points, 2001–2024
Last refreshed

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.