Social benefits, Ratio of this level of government's expenditure on in Serbia
Serbia: Social benefits, Ratio of this level of government's expenditure on was 0.1016 in 2020. ▼ Falling
Social benefits, Ratio of this level of government's expenditure on in Serbia, 2007–2020
Source: International Monetary Fund.
Analysis
Serbia recorded 0.1016 for social benefits, ratio of this level of government's expenditure on in 2020. That is the lowest value across all 14 years on record.
Compared with earlier readings it is down 9.5% on the previous year and down 45.8% over ten years.
Over the whole period, social benefits, ratio of this level of government's expenditure on in Serbia peaked at 0.2263 in 2007 and was at its lowest, 0.1016, in 2020.
Serbia ranks 59th of 79 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Social benefits, Ratio of this level of government's expenditure on in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 0.2263 | — |
| 2008 | 0.197 | -12.9% |
| 2009 | 0.174 | -11.7% |
| 2010 | 0.1873 | +7.7% |
| 2011 | 0.181 | -3.4% |
| 2012 | 0.1416 | -21.8% |
| 2013 | 0.1163 | -17.8% |
| 2014 | 0.1121 | -3.6% |
| 2015 | 0.1303 | +16.3% |
| 2016 | 0.1117 | -14.3% |
| 2017 | 0.1121 | +0.3% |
| 2018 | 0.1071 | -4.5% |
| 2019 | 0.1123 | +4.8% |
| 2020 | 0.1016 | -9.5% |
Serbia compared with similar countries
- Serbia's 0.1016 is below the median for upper middle income countries, which is 0.4098, 25% of the median. (27 countries reporting)
- Serbia's 0.1016 is below the median for Europe & Central Asia, which is 0.1767, 58% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1991 | 0.174 | 0.2263 | 3 |
| 2010s | 0.1312 | 0.1071 | 0.1873 | 10 |
| 2020s | 0.1016 | 0.1016 | 0.1016 | 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 social benefits, ratio of this level of government's expenditure on in Serbia?
- Social benefits, ratio of this level of government's expenditure on in Serbia was 0.1016 in 2020, according to International Monetary Fund.
- What is the highest social benefits, ratio of this level of government's expenditure on recorded in Serbia?
- The highest recorded value was 0.2263 in 2007.
- What is the lowest social benefits, ratio of this level of government's expenditure on recorded in Serbia?
- The lowest recorded value was 0.1016 in 2020.
- How does Serbia rank for social benefits, ratio of this level of government's expenditure on?
- Serbia ranks 59th out of 79 countries with data for 2020.
- Is social benefits, ratio of this level of government's expenditure on rising or falling in Serbia?
- Over the last ten years it is down 45.8%. The long-run trend across the full record is falling.
- Where does this Serbia data come from?
- The figures come from International Monetary Fund, published as part of Social benefits, 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.