Government Spending in Serbia increased to 195781.80 RSD Million in the second quarter of 2018 from 171887.90 RSD Million in the first quarter of 2018. Government Spending in Serbia averaged 101005.45 RSD Million from 1996 until 2018, reaching an all time high of 202394 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 178070.00 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 177592.00 in 12 months time. In the long-term, the Serbia Government Spending is projected to trend around 223784.00 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 2835866.31 2834530.23 3089477.59 1505550.20 RSD Million [+]
Government Spending 195781.80 171887.90 202394.00 3754.20 RSD Million [+]
Credit Rating 36.25 [+]
Military Expenditure 693.80 710.40 1302.60 693.80 USD 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
195781.80 171887.90 202394.00 3754.20 1996 - 2018 RSD Million Quarterly
Constant 2010 Prices, NSA

Country Last
Argentina 97236.00 Jun/18
Australia 85568.00 Jun/18
Brazil 119639.00 Sep/18
Canada 366209.00 Jun/18
China 203330.00 Dec/17
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Germany 141.98 Jun/18
India 3972.15 Jun/18
Indonesia 205839.31 Sep/18
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Russia 3972.90 Jun/18
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Spain 56107.00 Sep/18
Switzerland 19857.94 Jun/18
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United States 3197.46 Sep/18