Interest, payable, Ratio of this level of government's expenditure on in Serbia
Serbia: Interest, payable, Ratio of this level of government's expenditure on was 0.9811 in 2020. ▲ Rising
Interest, payable, Ratio of this level of government's expenditure on in Serbia, 2007–2020
Source: International Monetary Fund.
Analysis
The most recent figure for interest, payable, ratio of this level of government's expenditure on in Serbia is 0.9811, measured in 2020. That is the highest value across all 14 years on record.
That represents a change of up 0.1% on the previous year and up 5.4% over ten years.
Over the whole period, interest, payable, ratio of this level of government's expenditure on in Serbia peaked at 0.9811 in 2020 and was at its lowest, 0.9133, in 2007.
That places Serbia 41st out of 80 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Interest, payable, Ratio of this level of government's expenditure on in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 0.9133 | — |
| 2008 | 0.9231 | +1.1% |
| 2009 | 0.9392 | +1.7% |
| 2010 | 0.9305 | -0.9% |
| 2011 | 0.9402 | +1.0% |
| 2012 | 0.9385 | -0.2% |
| 2013 | 0.9486 | +1.1% |
| 2014 | 0.9616 | +1.4% |
| 2015 | 0.9686 | +0.7% |
| 2016 | 0.9734 | +0.5% |
| 2017 | 0.9755 | +0.2% |
| 2018 | 0.9784 | +0.3% |
| 2019 | 0.9805 | +0.2% |
| 2020 | 0.9811 | +0.1% |
Serbia compared with similar countries
- Serbia's 0.9811 is below the median for upper middle income countries, which is 0.9878, 99% of the median. (28 countries reporting)
- Serbia's 0.9811 is above the median for Europe & Central Asia, which is 0.966, 1.0× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9252 | 0.9133 | 0.9392 | 3 |
| 2010s | 0.9596 | 0.9305 | 0.9805 | 10 |
| 2020s | 0.9811 | 0.9811 | 0.9811 | 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 interest, payable, ratio of this level of government's expenditure on in Serbia?
- Interest, payable, ratio of this level of government's expenditure on in Serbia was 0.9811 in 2020, according to International Monetary Fund.
- What is the highest interest, payable, ratio of this level of government's expenditure on recorded in Serbia?
- The highest recorded value was 0.9811 in 2020.
- What is the lowest interest, payable, ratio of this level of government's expenditure on recorded in Serbia?
- The lowest recorded value was 0.9133 in 2007.
- How does Serbia rank for interest, payable, ratio of this level of government's expenditure on?
- Serbia ranks 41st out of 80 countries with data for 2020.
- Is interest, payable, ratio of this level of government's expenditure on rising or falling in Serbia?
- Over the last ten years it is up 5.4%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from International Monetary Fund, published as part of Interest, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (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.