Paying taxes: Time to obtain VAT refund (weeks) in Serbia, Republic of

Serbia, Republic of: Paying taxes: Time to obtain VAT refund (weeks) was 10.24 DB17-20 methodology in 2019. β–Ό Falling

Latest (2019)
10.24 DB17-20 methodology
Change on year
down 30.2%
World rank
82nd
of 102 countries
All-time high
14.67 DB17-20 methodology
in 2015
All-time low
10.24 DB17-20 methodology
in 2019
Years of data
5
2015–2019

Paying taxes: Time to obtain VAT refund (weeks) in Serbia, Republic of, 2015–2019

0510152015201720192015: 14.7 DB17-20 methodology2016: 14.7 DB17-20 methodology2017: 14.7 DB17-20 methodology2018: 14.7 DB17-20 methodology2019: 10.2 DB17-20 methodology

Source: World Bank. Measured in DB17-20 methodology.

Analysis

Serbia, Republic of recorded 10.24 DB17-20 methodology for paying taxes: time to obtain vat refund (weeks) in 2019. That is the lowest value across all 5 years on record.

That represents a change of down 30.2% on the previous year and down 30.2% over five years.

That places Serbia, Republic of 82nd out of 102 countries with data for 2019, putting it in the bottom quarter.

Countries ranked near Serbia, Republic of

  1. 79 Chinese Taipei 11.48 DB17-20 methodology compare
  2. 80 Hungary 11.17 DB17-20 methodology compare
  3. 81 Japan 10.79 DB17-20 methodology compare
  4. 83 Georgia 10.17 DB17-20 methodology compare
  5. 84 Denmark 10.1 DB17-20 methodology compare
  6. 85 Korea, Republic of 8.64 DB17-20 methodology compare

See the full ranking of 102 places β†’

More reference data data for Serbia, Republic of

All data for Serbia, Republic of β†’

Frequently asked questions

What is paying taxes: time to obtain vat refund (weeks) in Serbia, Republic of?
Paying taxes: time to obtain vat refund (weeks) in Serbia, Republic of was 10.24 DB17-20 methodology in 2019, according to the World Bank.
What is the highest paying taxes: time to obtain vat refund (weeks) recorded in Serbia, Republic of?
The highest recorded value was 14.67 DB17-20 methodology in 2015.
What is the lowest paying taxes: time to obtain vat refund (weeks) recorded in Serbia, Republic of?
The lowest recorded value was 10.24 DB17-20 methodology in 2019.
How does Serbia, Republic of rank for paying taxes: time to obtain vat refund (weeks)?
Serbia, Republic of ranks 82nd out of 102 countries with data for 2019.
Where does this Serbia, Republic of data come from?
The figures come from the World Bank, published as part of Paying taxes: Time to obtain VAT refund (weeks) (DB17-20 methodology). Statizoid updates them automatically from the source API.

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Paying taxes: Time to obtain VAT refund (weeks) in Serbia, Republic of. Statizoid. Retrieved 18 August 2026, from https://reference.statizoid.com/stat/paying-taxes-time-to-obtain-vat-refund-weeks-db17-20-methodology/serbia/

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About this data

Indicator
Paying taxes: Time to obtain VAT refund (weeks) (DB17-20 methodology)
Unit
DB17-20 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
102 places, 510 data points, 2015–2019
Last refreshed

The time to obtain VAT refund measures the time from purchase of the machine to the date of submission of the refund claim (this is equal to half the filing period), the length of any mandatory period that the excess output VAT must be carried forward before a claim can be made, and the time from the submission of the VAT refund claim to the date the refund is received. If a company that requests a VAT cash refund arising from a capital purchase would be selected for additional review in 50% or more of cases, the duration of the review is included in the time to obtain a VAT refund. The component indicator is computed based on the methodology in the DB17-20 studies.