Serbia: Taxes on goods and services

The latest value from 2022 is 40.88 percent, an increase from 39.84 percent in 2021. In comparison, the world average is 32.42 percent, based on data from 110 countries. Historically, the average for Serbia from 2007 to 2022 is 41.9 percent. The minimum value, 39.44 percent, was reached in 2013 while the maximum of 45.91 percent was recorded in 2012. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.