Serbia recorded a Government Budget deficit equal to 8.40 percent of the country's Gross Domestic Product in 2020. source: National Bank of Serbia

Government Budget in Serbia averaged -2.28 percent of GDP from 2002 until 2020, reaching an all time high of 1.10 percent of GDP in 2005 and a record low of -8.40 percent of GDP in 2020. This page provides - Serbia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Government Budget - values, historical data and charts - was last updated on September of 2021.

Government Budget in Serbia is expected to reach -4.40 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Government Budget is projected to trend around -1.20 percent of GDP in 2022 and -0.70 percent of GDP in 2023, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Serbia Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-8.40 0.20 1.10 -8.40 2002 - 2020 percent of GDP Yearly

Serbia Government Last Previous Highest Lowest Unit
Government Debt to GDP 57.40 52.00 201.20 26.80 percent of GDP [+]
Government Budget -8.40 0.20 1.10 -8.40 percent of GDP [+]
Government Debt 3191561.77 3135701.55 3191561.77 1505550.20 RSD Million [+]
Military Expenditure 1086.00 1144.00 1478.00 795.00 USD Million [+]
Government Spending 267702.40 255537.90 278897.60 2320.70 RSD Million [+]
Government Spending To Gdp 49.40 42.30 49.40 39.80 percent of GDP [+]
Credit Rating 46.00 [+]

Serbia Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.