Serbia: Government spending, in dollars

* indicates monthly or quarterly data series
 Serbia

Government spending, billion USD

 Latest value 11.92
 Year 2023
 Measure billion U.S. dollars
 Data availability 1995 - 2023
 Average 6.96
 Min - Max 1.33 - 11.92
 Source The World Bank
The latest value from 2023 is 11.92 billion U.S. dollars, an increase from 10.29 billion U.S. dollars in 2022. In comparison, the world average is 69.63 billion U.S. dollars, based on data from 131 countries. Historically, the average for Serbia from 1995 to 2023 is 6.96 billion U.S. dollars. The minimum value, 1.33 billion U.S. dollars, was reached in 2000 while the maximum of 11.92 billion U.S. dollars was recorded in 2023. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Serbia - Government spending, in dollars - Recent values chart

Historical series
Serbia - Government spending, in dollars - historical chart - 1995-2023




Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 16.18 2022 percent
 Government spending, in dollars 11.92 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -2.20 2023 percent
 Government debt 52.70 2023 percent
 Government expenditure 372.24 Q2/2024 billion
 Tax revenue 20.61 2021 percent
 Commercial tax rate 36.60 2019 percent
 Tax preparation time 226 2019 hours
 Number of taxes 33 2019 taxes
 Taxes on goods and services 39.84 2021 percent
 Taxes on international trade 2.26 2021 percent
 Income and profits taxes 14.28 2021 percent
 Foreign aid 533.07 2021 million U.S. dollars
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