Revenue, excluding grants (current LCU), annual growth rate in Serbia

Serbia: Revenue, excluding grants (current LCU), annual growth rate was 26.86 % change on previous year in 2022. ◆ Volatile

Latest (2022)
26.86 % change on previous year
World rank
20th
of 156 countries
All-time high
26.86 % change on previous year
in 2022
All-time low
0 % change on previous year
in 2021
Years of data
15
2008–2022

Revenue, excluding grants (current LCU), annual growth rate in Serbia, 2008–2022

01020302008201520222008: 14.8 % change on previous year2009: 0.643 % change on previous year2010: 6.1 % change on previous year2011: 6.4 % change on previous year2012: 5 % change on previous year2013: 23.3 % change on previous year2014: 5.1 % change on previous year2015: 3.9 % change on previous year2016: 7 % change on previous year2017: 7.3 % change on previous year2018: 5.7 % change on previous year2019: 9 % change on previous year2020: 2 % change on previous year2021: 0 % change on previous year2022: 26.9 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Serbia recorded 26.86 % change on previous year for revenue, excluding grants (current lcu), annual growth rate in 2022. That is the highest value across all 15 years on record.

Compared with earlier readings it is up 441.5% over ten years.

Over the whole period, revenue, excluding grants (current lcu), annual growth rate in Serbia peaked at 26.86 % change on previous year in 2022 and was at its lowest, 0 % change on previous year, in 2021.

Serbia ranks 20th of 156 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Revenue, excluding grants (current LCU), annual growth rate in Serbia, year by year

Annual values for Revenue, excluding grants (current LCU), annual growth rate in Serbia, 2008 to 2022.
Year % change on previous year Change
2008 14.8 % change on previous year
2009 0.6426 % change on previous year -95.7%
2010 6.11 % change on previous year +851.2%
2011 6.45 % change on previous year +5.4%
2012 4.96 % change on previous year -23.0%
2013 23.27 % change on previous year +369.1%
2014 5.05 % change on previous year -78.3%
2015 3.87 % change on previous year -23.5%
2016 6.98 % change on previous year +80.6%
2017 7.34 % change on previous year +5.1%
2018 5.71 % change on previous year -22.1%
2019 9.01 % change on previous year +57.7%
2020 2.03 % change on previous year -77.4%
2021 0 % change on previous year -100.0%
2022 26.86 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
2000s 7.72 % change on previous year 0.6426 % change on previous year 14.8 % change on previous year 2
2010s 7.88 % change on previous year 3.87 % change on previous year 23.27 % change on previous year 10
2020s 9.63 % change on previous year 0 % change on previous year 26.86 % change on previous year 3

Countries ranked near Serbia

  1. 17 Congo 33.22 % change on previous year compare
  2. 18 Laos 29.05 % change on previous year compare
  3. 19 Madagascar 28.59 % change on previous year compare
  4. 21 Fiji 26.19 % change on previous year compare
  5. 22 Ukraine 26.18 % change on previous year compare
  6. 23 Macao 25.26 % change on previous year compare

See the full ranking of 156 places →

More public sector data for Serbia

All data for Serbia →

Frequently asked questions

What is revenue, excluding grants (current lcu), annual growth rate in Serbia?
Revenue, excluding grants (current lcu), annual growth rate in Serbia was 26.86 % change on previous year in 2022, according to Statizoid (derived).
What is the highest revenue, excluding grants (current lcu), annual growth rate recorded in Serbia?
The highest recorded value was 26.86 % change on previous year in 2022.
What is the lowest revenue, excluding grants (current lcu), annual growth rate recorded in Serbia?
The lowest recorded value was 0 % change on previous year in 2021.
How does Serbia rank for revenue, excluding grants (current lcu), annual growth rate?
Serbia ranks 20th out of 156 countries with data for 2022.
Is revenue, excluding grants (current lcu), annual growth rate rising or falling in Serbia?
Over the last ten years it is up 441.5%. The long-run trend across the full record is volatile.
Where does this Serbia data come from?
The figures come from Statizoid (derived), published as part of Revenue, excluding grants (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Revenue, excluding grants (current LCU), annual growth rate in Serbia. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://public-sector.statizoid.com/stat/revenue-excluding-grants-current-lcu-annual-growth-rate/serbia/

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How this figure is calculated

The year-on-year percentage change in Revenue, excluding grants (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Revenue, excluding grants (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
156 places, 4,444 data points, 1973–2024
Last refreshed

The year-on-year percentage change in Revenue, excluding grants (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.