Expense in Serbia
Serbia: Expense was 2.65 trillion current LCU in 2022. ▲ Rising
Expense in Serbia, 2007–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2022, expense in Serbia stood at 2.65 trillion current LCU. That is the highest value across all 16 years on record.
That represents a change of up 6.7% on the previous year and up 88.2% over ten years.
Over the whole period, expense in Serbia peaked at 2.65 trillion current LCU in 2022 and was at its lowest, 867.59 billion current LCU, in 2007.
Serbia ranks 41st of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Expense in Serbia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2007 | 867.59 billion current LCU | — |
| 2008 | 1.04 trillion current LCU | +20.3% |
| 2009 | 1.10 trillion current LCU | +4.9% |
| 2010 | 1.19 trillion current LCU | +8.5% |
| 2011 | 1.28 trillion current LCU | +7.8% |
| 2012 | 1.41 trillion current LCU | +9.7% |
| 2013 | 1.68 trillion current LCU | +19.6% |
| 2014 | 1.78 trillion current LCU | +5.7% |
| 2015 | 1.75 trillion current LCU | -1.2% |
| 2016 | 1.78 trillion current LCU | +1.2% |
| 2017 | 1.79 trillion current LCU | +0.8% |
| 2018 | 1.86 trillion current LCU | +3.9% |
| 2019 | 2.03 trillion current LCU | +8.9% |
| 2020 | 2.45 trillion current LCU | +21.0% |
| 2021 | 2.48 trillion current LCU | +1.1% |
| 2022 | 2.65 trillion current LCU | +6.7% |
Serbia compared with similar countries
- Serbia's 2.65 trillion current LCU is above the median for upper middle income countries, which is 310.25 billion current LCU, 8.5× the median. (47 countries reporting)
- Serbia's 2.65 trillion current LCU is above the median for Europe & Central Asia, which is 301.38 billion current LCU, 8.8× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.00 trillion current LCU | 867.59 billion current LCU | 1.10 trillion current LCU | 3 |
| 2010s | 1.65 trillion current LCU | 1.19 trillion current LCU | 2.03 trillion current LCU | 10 |
| 2020s | 2.53 trillion current LCU | 2.45 trillion current LCU | 2.65 trillion current LCU | 3 |
Countries ranked near Serbia
More public sector data for Serbia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 3 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is expense in Serbia?
- Expense in Serbia was 2.65 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Serbia?
- The highest recorded value was 2.65 trillion current LCU in 2022.
- What is the lowest expense recorded in Serbia?
- The lowest recorded value was 867.59 billion current LCU in 2007.
- How does Serbia rank for expense?
- Serbia ranks 41st out of 157 countries with data for 2022.
- Is expense rising or falling in Serbia?
- Over the last ten years it is up 88.2%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.