Social contributions (% of revenue) in Serbia
Serbia: Social contributions (% of revenue) was 29.6% in 2022. ▼ Falling
Social contributions in Serbia, 2007–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2022, social contributions in Serbia stood at 29.6%.
That represents a change of down 8.6% on the previous year and down 16.6% over ten years.
Over the whole period, social contributions in Serbia peaked at 35.5% in 2012 and was at its lowest, 29.1%, in 2016.
That places Serbia 31st out of 112 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Social contributions (% of revenue) in Serbia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2007 | 34.2% | — |
| 2008 | 34.7% | +1.3% |
| 2009 | 35.1% | +1.3% |
| 2010 | 33.6% | -4.3% |
| 2011 | 34.1% | +1.2% |
| 2012 | 35.5% | +4.3% |
| 2013 | 31.6% | -11.0% |
| 2014 | 31.3% | -0.9% |
| 2015 | 29.9% | -4.7% |
| 2016 | 29.1% | -2.5% |
| 2017 | 29.1% | +0.1% |
| 2018 | 30.1% | +3.2% |
| 2019 | 30.3% | +0.6% |
| 2020 | 32.4% | +7.1% |
| 2021 | 32.4% | +0.0% |
| 2022 | 29.6% | -8.6% |
Serbia compared with similar countries
- Serbia's 29.6% is above the median for upper middle income countries, which is 13.1%, 2.3× the median. (37 countries reporting)
- Serbia's 29.6% is below the median for Europe & Central Asia, which is 29.8%, 99% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.7% | 34.2% | 35.1% | 3 |
| 2010s | 31.5% | 29.1% | 35.5% | 10 |
| 2020s | 31.5% | 29.6% | 32.4% | 3 |
Countries ranked near Serbia
More public sector data for Serbia
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Frequently asked questions
- What is social contributions in Serbia?
- Social contributions in Serbia was 29.6% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Serbia?
- The highest recorded value was 35.5% in 2012.
- What is the lowest social contributions recorded in Serbia?
- The lowest recorded value was 29.1% in 2016.
- How does Serbia rank for social contributions?
- Serbia ranks 31st out of 112 countries with data for 2022.
- Is social contributions rising or falling in Serbia?
- Over the last ten years it is down 16.6%. The long-run trend across the full record is falling.
- 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 Social contributions (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.