Govt expenditure share budget in Serbia
Serbia: Govt expenditure share budget was 101.55 in 2023. ▲ Rising
Latest (2023)
101.55
Change on year
down 11.9%
World rank
56th
of 166 countries
All-time high
131.88
in 2020
All-time low
93.14
in 2013
Years of data
17
2007–2023
Govt expenditure share budget in Serbia, 2007–2023
Source: Our World in Data.
Analysis
In 2023, govt expenditure share budget in Serbia stood at 101.55.
Compared with earlier readings it is down 11.9% on the previous year and up 9.0% over ten years.
Over the whole period, govt expenditure share budget in Serbia peaked at 131.88 in 2020 and was at its lowest, 93.14, in 2013.
That places Serbia 56th out of 166 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Govt expenditure share budget in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 111.98 | — |
| 2008 | 107.28 | -4.2% |
| 2009 | 99.69 | -7.1% |
| 2010 | 106.49 | +6.8% |
| 2011 | 103.59 | -2.7% |
| 2012 | 112.12 | +8.2% |
| 2013 | 93.14 | -16.9% |
| 2014 | 101.03 | +8.5% |
| 2015 | 97 | -4.0% |
| 2016 | 93.81 | -3.3% |
| 2017 | 98.71 | +5.2% |
| 2018 | 100.62 | +1.9% |
| 2019 | 108.96 | +8.3% |
| 2020 | 131.88 | +21.0% |
| 2021 | 118.95 | -9.8% |
| 2022 | 115.29 | -3.1% |
| 2023 | 101.55 | -11.9% |
Serbia compared with similar countries
- Serbia's 101.55 is above the median for upper middle income countries, which is 99.64, 1.0× the median. (54 countries reporting)
- Serbia's 101.55 is below the median for Europe & Central Asia, which is 102.35, 99% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 106.32 | 99.69 | 111.98 | 3 |
| 2010s | 101.55 | 93.14 | 112.12 | 10 |
| 2020s | 116.92 | 101.55 | 131.88 | 4 |
Countries ranked near Serbia
- 53 Saint Vincent and the Grenadines 102.26 compare
- 54 Seychelles 102.14 compare
- 55 Netherlands 101.67 compare
- 57 Bhutan 101.2 compare
- 58 Belize 101.14 compare
- 59 Indonesia 101.04 compare
More reference data data for Serbia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.6055 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3321 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.36 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3467 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.36 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.03 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.29 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.44 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 15.2 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.89 (2050)
Frequently asked questions
- What is govt expenditure share budget in Serbia?
- Govt expenditure share budget in Serbia was 101.55 in 2023, according to Our World in Data.
- What is the highest govt expenditure share budget recorded in Serbia?
- The highest recorded value was 131.88 in 2020.
- What is the lowest govt expenditure share budget recorded in Serbia?
- The lowest recorded value was 93.14 in 2013.
- How does Serbia rank for govt expenditure share budget?
- Serbia ranks 56th out of 166 countries with data for 2023.
- Is govt expenditure share budget rising or falling in Serbia?
- Over the last ten years it is up 9.0%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from Our World in Data, published as part of Govt expenditure share budget. Statizoid updates them automatically from the source API.
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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).