Lower middle income vs Serbia: Tax revenue
Lower middle income
12.1%
in 2018
Serbia
23.9%
in 2022
Lower middle income rank
20th
Serbia rank
22nd
Tax revenue over time
- Lower middle income
- Serbia
How they compare
Serbia currently reports 23.9% against 12.1% in Lower middle income, a difference of 11.8%.
That makes Serbia's figure about 2.0 times Lower middle income's.
Across all 12 years both countries report, Serbia has been ahead every year.
Lower middle income ranks 20th and Serbia ranks 22nd of 35 groups.
Serbia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lower middle income | Serbia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 12.3% | 20.0% | 7.7% | Serbia |
| 2010s | 11.6% | 20.7% | 9.1% | Serbia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Lower middle income or Serbia?
- Serbia, at 23.9% against 12.1% in Lower middle income as of 2022.
- What is the difference in tax revenue between Lower middle income and Serbia?
- 11.8%, with Serbia ahead.
- How many years of comparable data are there for Lower middle income and Serbia?
- 12 years are reported by both, from 2007 to 2018.
- How do Lower middle income and Serbia rank globally for tax revenue?
- Lower middle income ranks 20th and Serbia ranks 22nd of 35 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.