Government expenditure on education, constant US$ in Serbia

Serbia: Government expenditure on education, constant US$ was 1,651 millions in 2018. ▼ Falling

Latest (2018)
1,651 millions
Change on year
up 0.7%
World rank
79th
of 167 countries
All-time high
1,816 millions
in 2008
All-time low
1,574 millions
in 2016
Years of data
11
2007–2018

Government expenditure on education, constant US$ in Serbia, 2007–2018

05001.0k1.5k2.0k2007201220182007: 1.6k millions2008: 1.8k millions2009: 1.8k millions2010: 1.7k millions2011: 1.7k millions2012: 1.7k millions2014: 1.6k millions2015: 1.6k millions2016: 1.6k millions2017: 1.6k millions2018: 1.7k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on education, constant us$ in Serbia is 1,651 millions, measured in 2018.

Compared with earlier readings it is up 0.7% on the previous year and down 9.1% over ten years.

Over the whole period, government expenditure on education, constant us$ in Serbia peaked at 1,816 millions in 2008 and was at its lowest, 1,574 millions, in 2016.

That places Serbia 79th out of 167 countries with data for 2018, putting it in the middle of the range.

The long-run direction has been consistently falling across the 11 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1,743 millions 1,629 millions 1,816 millions 3
2010s 1,653 millions 1,574 millions 1,734 millions 8

Countries ranked near Serbia

  1. 76 Iceland 1,875 millions compare
  2. 77 Lithuania 1,821 millions compare
  3. 78 Cote d'Ivoire 1,794 millions compare
  4. 80 Macao 1,466 millions compare
  5. 81 Honduras 1,456 millions compare
  6. 82 Panama 1,360 millions compare

See the full ranking of 167 places →

More reference data data for Serbia

All data for Serbia →

Frequently asked questions

What is government expenditure on education, constant us$ in Serbia?
Government expenditure on education, constant us$ in Serbia was 1,651 millions in 2018, according to UNESCO Institute for Statistics.
What is the highest government expenditure on education, constant us$ recorded in Serbia?
The highest recorded value was 1,816 millions in 2008.
What is the lowest government expenditure on education, constant us$ recorded in Serbia?
The lowest recorded value was 1,574 millions in 2016.
How does Serbia rank for government expenditure on education, constant us$?
Serbia ranks 79th out of 167 countries with data for 2018.
Is government expenditure on education, constant us$ rising or falling in Serbia?
Over the last ten years it is down 9.1%. The long-run trend across the full record is falling.
Where does this Serbia data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on education, constant US$ (millions). Statizoid updates them automatically from the source API.

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About this data

Indicator
Government expenditure on education, constant US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 3,670 data points, 1970–2019
Last refreshed

Total general (local, regional and central) government expenditure on education (current, capital, and transfers) in millions US$ in constant value (taking into account inflation). It includes expenditure funded by transfers from international sources to government. Total government expenditure for a given level of education (e.g. primary, secondary, or all levels combined) in national currency is converted to US$, and where it is expressed in constant value, uses a GDP deflator to account for inflation. The constant prices base year is normally three years before the year of the data release. For example, in the July 2017 data release, constant US$ values are expressed in 2014 prices. Limitations: In some instances data on total government expenditure on education refers only to the Ministry of Education, excluding other ministries which may also spend a part of their budget on educational activities. For more information, consult the UNESCO Institute of Statistics website: http://www.uis.unesco.org/Education/