Serbia: Education spending, percent of GDP
* indicates monthly or quarterly data series
| Serbia |
Public spending on education, percent of GDP |
|---|---|
| Latest value | 3.24 |
| Year | 2022 |
| Measure | percent |
| Data availability | 2007 - 2022 |
| Average | 3.84 |
| Min - Max | 3.24 - 4.48 |
| Source | UNESCO |
The latest value from 2022 is 3.24 percent, a decline from 3.3 percent in 2021. In comparison, the world average is 4.15 percent, based on data from 130 countries. Historically, the average for Serbia from 2007 to 2022 is 3.84 percent. The minimum value, 3.24 percent, was reached in 2022 while the maximum of 4.48 percent was recorded in 2009.
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* indicates monthly or quarterly data series
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Definition: General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.
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