Serbia: Education spending, percent of government spending

The latest value from 2023 is 8.38 percent, an increase from 7.45 percent in 2022. In comparison, the world average is 14.04 percent, based on data from 107 countries. Historically, the average for Serbia from 2007 to 2023 is 8.89 percent. The minimum value, 7.09 percent, was reached in 2021 while the maximum of 10.48 percent was recorded in 2009. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: General government expenditure on education (current, capital, and transfers) is expressed as a percentage of total general government expenditure on all sectors (including health, education, social services, etc.). It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.