Total Expenditure (general government) — Value Standard Local Currency in Serbia
Serbia: Total Expenditure (general government) — Value Standard Local Currency was 3.33 million million SLC in 2022. ▲ Rising
Total Expenditure (general government) — Value Standard Local Currency in Serbia, 2003–2022
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2022, total expenditure (general government) — value standard local currency in Serbia stood at 3.33 million million SLC. That is the highest value across all 20 years on record.
The figure is up 11.9% on the previous year and up 97.9% over ten years.
Over the whole period, total expenditure (general government) — value standard local currency in Serbia peaked at 3.33 million million SLC in 2022 and was at its lowest, 308,003 million SLC, in 2003.
Serbia ranks 25th of 114 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Total Expenditure (general government) — Value Standard Local Currency in Serbia, year by year
| Year | million SLC | Change |
|---|---|---|
| 2003 | 308,003 million SLC | — |
| 2004 | 388,304 million SLC | +26.1% |
| 2005 | 738,234 million SLC | +90.1% |
| 2006 | 935,422 million SLC | +26.7% |
| 2007 | 1.07 million million SLC | +14.3% |
| 2008 | 1.24 million million SLC | +16.4% |
| 2009 | 1.30 million million SLC | +4.3% |
| 2010 | 1.41 million million SLC | +8.8% |
| 2011 | 1.52 million million SLC | +7.7% |
| 2012 | 1.68 million million SLC | +10.4% |
| 2013 | 1.75 million million SLC | +4.2% |
| 2014 | 1.88 million million SLC | +7.4% |
| 2015 | 1.84 million million SLC | -1.9% |
| 2016 | 1.90 million million SLC | +2.9% |
| 2017 | 1.92 million million SLC | +1.3% |
| 2018 | 2.07 million million SLC | +7.9% |
| 2019 | 2.29 million million SLC | +10.4% |
| 2020 | 2.70 million million SLC | +17.8% |
| 2021 | 2.97 million million SLC | +10.1% |
| 2022 | 3.33 million million SLC | +11.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 854,613 million SLC | 308,003 million SLC | 1.30 million million SLC | 7 |
| 2010s | 1.83 million million SLC | 1.41 million million SLC | 2.29 million million SLC | 10 |
| 2020s | 3.00 million million SLC | 2.70 million million SLC | 3.33 million million SLC | 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)
- Industry (including construction), value added (constant 2015 US$) -0.35 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.143 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 2,183 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual -0.3499 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 17.44 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 266,125 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 12.74 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5973 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is total expenditure (general government) — value standard local currency in Serbia?
- Total expenditure (general government) — value standard local currency in Serbia was 3.33 million million SLC in 2022, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (general government) — value standard local currency recorded in Serbia?
- The highest recorded value was 3.33 million million SLC in 2022.
- What is the lowest total expenditure (general government) — value standard local currency recorded in Serbia?
- The lowest recorded value was 308,003 million SLC in 2003.
- How does Serbia rank for total expenditure (general government) — value standard local currency?
- Serbia ranks 25th out of 114 countries with data for 2022.
- Is total expenditure (general government) — value standard local currency rising or falling in Serbia?
- Over the last ten years it is up 97.9%. 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 (general government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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.