Serbia recorded a government debt equivalent to 54.30 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Serbia averaged 62.37 percent from 2000 until 2018, reaching an all time high of 201.20 percent in 2000 and a record low of 28.30 percent in 2008.

Government Debt to GDP in Serbia is expected to be 56.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Government Debt to GDP is projected to trend around 55.50 percent in 2020, according to our econometric models.

Serbia Government Debt to GDP
Forecast Data Chart
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Serbia Government Last Previous Highest Lowest Unit
Government Debt to GDP 54.30 58.70 201.20 28.30 percent [+]
Government Budget 0.80 -0.20 0.80 -6.30 percent of GDP [+]
Government Debt 2745081.43 2720201.99 3089477.59 1505550.20 RSD Million [+]
Credit Rating 36.25 [+]
Military Expenditure 693.80 710.40 1302.60 693.80 USD Million [+]
Government Spending 231891.60 208846.60 231891.60 3754.20 RSD Million [+]

Serbia Government Debt to GDP

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Serbia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
54.30 58.70 201.20 28.30 2000 - 2018 percent Yearly

Country Last Previous
Japan 253.00 Dec/17
Italy 132.10 Dec/18
Singapore 110.60 Dec/17
United States 105.40 Dec/17
Spain 98.30 Dec/17
France 97.00 Dec/17
Canada 89.60 Dec/17
Euro Area 86.70 Dec/17
United Kingdom 84.70 Dec/18
Brazil 74.04 Dec/17
India 68.70 Dec/17
Germany 63.90 Dec/17
Argentina 57.10 Dec/17
Netherlands 56.70 Dec/17
South Africa 53.10 Dec/17
China 47.60 Dec/17
Mexico 46.40 Dec/17
Australia 41.90 Dec/17
South Korea 38.00 Dec/17
Indonesia 29.80 Dec/18
Switzerland 29.70 Dec/17
Turkey 28.30 Dec/17
Saudi Arabia 17.20 Dec/17
Russia 13.50 Dec/17