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

Serbia, Republic of: Government expenditure on tertiary education, US$ was 500.73 millions in 2018. β–Ό Falling

Latest (2018)
500.73 millions
Change on year
up 2.1%
World rank
65th
of 158 countries
All-time high
632.98 millions
in 2008
All-time low
427.55 millions
in 2016
Years of data
10
2007–2018

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

02004006002007201220182007: 469.8 millions2008: 633 millions2009: 559.7 millions2010: 526.3 millions2011: 609.4 millions2012: 525.2 millions2015: 452.2 millions2016: 427.5 millions2017: 490.6 millions2018: 500.7 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

Serbia, Republic of recorded 500.73 millions for government expenditure on tertiary education, us$ in 2018.

Compared with earlier readings it is up 2.1% on the previous year and down 20.9% over ten years.

Over the whole period, government expenditure on tertiary education, us$ in Serbia, Republic of peaked at 632.98 millions in 2008 and was at its lowest, 427.55 millions, in 2016.

That places Serbia, Republic of 65th out of 158 countries with data for 2018, putting it in the middle of the range.

The long-run direction has been consistently falling across the 10 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 554.16 millions 469.79 millions 632.98 millions 3
2010s 504.58 millions 427.55 millions 609.42 millions 7

Countries ranked near Serbia, Republic of

  1. 62 Tunisia 681.69 millions compare
  2. 63 Macao Special Administrative Region, People's Republic of China 580.42 millions compare
  3. 64 Philippines 534.47 millions
  4. 66 Bulgaria 477.68 millions compare
  5. 67 Croatia, Republic of 477.57 millions compare
  6. 68 Slovenia, Republic of 459.4 millions compare

See the full ranking of 158 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, us$ in Serbia, Republic of?
Government expenditure on tertiary education, us$ in Serbia, Republic of was 500.73 millions in 2018, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, us$ recorded in Serbia, Republic of?
The highest recorded value was 632.98 millions in 2008.
What is the lowest government expenditure on tertiary education, us$ recorded in Serbia, Republic of?
The lowest recorded value was 427.55 millions in 2016.
How does Serbia, Republic of rank for government expenditure on tertiary education, us$?
Serbia, Republic of ranks 65th out of 158 countries with data for 2018.
Is government expenditure on tertiary education, us$ rising or falling in Serbia, Republic of?
Over the last ten years it is down 20.9%. The long-run trend across the full record is falling.
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, US$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on tertiary education, 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-us-millions/serbia/

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About this data

Indicator
Government expenditure on tertiary education, US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
158 places, 3,257 data points, 1970–2019
Last refreshed

Total general (local, regional and central) government expenditure on tertiary education (current, capital, and transfers) in millions US$ (nominal value). 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$. 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/