Government expenditure on tertiary education, constant US$ in Serbia, Republic of

Serbia, Republic of: Government expenditure on tertiary education, constant US$ was 455.81 millions in 2018. β–¬ Flat

Latest (2018)
455.81 millions
Change on year
down 7.1%
World rank
68th
of 153 countries
All-time high
505.7 millions
in 2011
All-time low
421.1 millions
in 2007
Years of data
10
2007–2018

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

02004006002007201220182007: 421.1 millions2008: 495.8 millions2009: 492.9 millions2010: 504.2 millions2011: 505.7 millions2012: 492.3 millions2015: 477.4 millions2016: 454.9 millions2017: 490.6 millions2018: 455.8 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on tertiary education, constant us$ in Serbia, Republic of is 455.81 millions, measured in 2018.

The figure is down 7.1% on the previous year and down 8.1% over ten years.

Over the whole period, government expenditure on tertiary education, constant us$ in Serbia, Republic of peaked at 505.7 millions in 2011 and was at its lowest, 421.1 millions, in 2007.

That places Serbia, Republic of 68th out of 153 countries with data for 2018, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 469.93 millions 421.1 millions 495.84 millions 3
2010s 483 millions 454.95 millions 505.7 millions 7

Countries ranked near Serbia, Republic of

  1. 65 Croatia, Republic of 477.57 millions compare
  2. 66 Botswana 473.79 millions
  3. 67 Slovenia, Republic of 459.4 millions compare
  4. 69 Belarus, Republic of 432.42 millions compare
  5. 70 Kazakhstan, Republic of 426.15 millions compare
  6. 71 Kenya 425.99 millions compare

See the full ranking of 153 places β†’

More reference data data for Serbia, Republic of

All data for Serbia, Republic of β†’

Frequently asked questions

What is government expenditure on tertiary education, constant us$ in Serbia, Republic of?
Government expenditure on tertiary education, constant us$ in Serbia, Republic of was 455.81 millions in 2018, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant us$ recorded in Serbia, Republic of?
The highest recorded value was 505.7 millions in 2011.
What is the lowest government expenditure on tertiary education, constant us$ recorded in Serbia, Republic of?
The lowest recorded value was 421.1 millions in 2007.
How does Serbia, Republic of rank for government expenditure on tertiary education, constant us$?
Serbia, Republic of ranks 68th out of 153 countries with data for 2018.
Is government expenditure on tertiary education, constant us$ rising or falling in Serbia, Republic of?
Over the last ten years it is down 8.1%. The long-run trend across the full record is flat.
Where does this Serbia, Republic of data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on tertiary education, constant US$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on tertiary education, constant US$ in Serbia, Republic of. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 18 August 2026, from https://reference.statizoid.com/stat/government-expenditure-on-tertiary-education-constant-us-millions/serbia/

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About this data

Indicator
Government expenditure on tertiary education, constant US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
153 places, 3,093 data points, 1970–2019
Last refreshed

Total general (local, regional and central) government expenditure on tertiary 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/