Serbia recorded a Government Budget deficit equal to 2.20 percent of the country's Gross Domestic Product in 2024. Government Budget in Serbia averaged -2.42 percent of GDP from 2002 until 2024, reaching an all time high of 1.10 percent of GDP in 2005 and a record low of -8.30 percent of GDP in 2020. source: National Bank of Serbia
Government Budget in Serbia is expected to reach -1.80 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Government Budget is projected to trend around -1.50 percent of GDP in 2026, according to our econometric models.