Deficit, Percent of own spending in Serbia
Serbia: Deficit, Percent of own spending was -0.3528 in 2020. ◆ Volatile
Deficit, Percent of own spending in Serbia, 2007–2020
Source: International Monetary Fund.
Analysis
In 2020, deficit, percent of own spending in Serbia stood at -0.3528. That is the lowest value across all 14 years on record.
Compared with earlier readings it is down 2,915.3% on the previous year and down 68.5% over ten years.
Over the whole period, deficit, percent of own spending in Serbia peaked at 0.0374 in 2017 and was at its lowest, -0.3528, in 2020.
Serbia ranks 44th of 66 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Deficit, Percent of own spending in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | -0.0634 | — |
| 2008 | -0.0695 | +9.7% |
| 2009 | -0.1683 | +142.1% |
| 2010 | -0.2094 | +24.4% |
| 2011 | -0.2408 | +15.0% |
| 2012 | -0.3366 | +39.8% |
| 2013 | -0.326 | -3.1% |
| 2014 | -0.306 | -6.2% |
| 2015 | -0.1844 | -39.7% |
| 2016 | -0.0635 | -65.5% |
| 2017 | 0.0374 | -158.8% |
| 2018 | 0.0341 | -8.8% |
| 2019 | 0.0125 | -63.2% |
| 2020 | -0.3528 | -2915.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.1004 | -0.1683 | -0.0634 | 3 |
| 2010s | -0.1583 | -0.3366 | 0.0374 | 10 |
| 2020s | -0.3528 | -0.3528 | -0.3528 | 1 |
Countries ranked near Serbia
More public sector data for Serbia
- Arms imports 153.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 23.23 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0017 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -63.48 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 153.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 352.67 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0258 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 29.27 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 2.32 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 4,983 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is deficit, percent of own spending in Serbia?
- Deficit, percent of own spending in Serbia was -0.3528 in 2020, according to International Monetary Fund.
- What is the highest deficit, percent of own spending recorded in Serbia?
- The highest recorded value was 0.0374 in 2017.
- What is the lowest deficit, percent of own spending recorded in Serbia?
- The lowest recorded value was -0.3528 in 2020.
- How does Serbia rank for deficit, percent of own spending?
- Serbia ranks 44th out of 66 countries with data for 2020.
- Is deficit, percent of own spending rising or falling in Serbia?
- Over the last ten years it is down 68.5%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from International Monetary Fund, published as part of Deficit, Percent of own spending (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.