Government Spending in Serbia decreased to 208846.50 RSD Million in the third quarter of 2018 from 210476.40 RSD Million in the second quarter of 2018. Government Spending in Serbia averaged 109764.95 RSD Million from 1996 until 2018, reaching an all time high of 214252.40 RSD Million in the fourth quarter of 2017 and a record low of 3754.20 RSD Million in the first quarter of 1996.

Government Spending in Serbia is expected to be 205936.00 RSD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Serbia to stand at 197871.00 in 12 months time. In the long-term, the Serbia Government Spending is projected to trend around 220816.00 RSD Million in 2020, according to our econometric models.

Serbia Government Spending
Forecast Data Chart
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Serbia Government Last Previous Highest Lowest Unit
Government Debt to GDP 61.50 71.90 201.20 28.30 percent [+]
Government Budget 0.80 -0.20 0.80 -6.30 percent of GDP [+]
Government Debt 2853049.78 2837147.01 3089477.59 1505550.20 RSD Million [+]
Credit Rating 36.25 [+]
Military Expenditure 693.80 710.40 1302.60 693.80 USD Million [+]
Government Spending 208846.50 210476.40 214252.40 3754.20 RSD Million [+]

Serbia Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Serbia Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Government Spending - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
208846.50 210476.40 214252.40 3754.20 1996 - 2018 RSD Million Quarterly
Constant 2010 Prices, NSA

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