Subsidies and other transfers in Serbia
Serbia: Subsidies and other transfers was 59.5% in 2022. ▲ Rising
Subsidies and other transfers in Serbia, 2007–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2022, subsidies and other transfers in Serbia stood at 59.5%.
That represents a change of down 2.8% on the previous year and up 6.4% over ten years.
Over the whole period, subsidies and other transfers in Serbia peaked at 66.8% in 2013 and was at its lowest, 55.1%, in 2007.
That places Serbia 30th out of 152 countries with data for 2022, putting it in the top quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Subsidies and other transfers in Serbia, year by year
| Year | % of expense | Change |
|---|---|---|
| 2007 | 55.1% | — |
| 2008 | 57.3% | +4.1% |
| 2009 | 57.5% | +0.3% |
| 2010 | 58.1% | +1.0% |
| 2011 | 56.8% | -2.2% |
| 2012 | 56.0% | -1.5% |
| 2013 | 66.8% | +19.3% |
| 2014 | 65.3% | -2.2% |
| 2015 | 65.7% | +0.5% |
| 2016 | 63.6% | -3.2% |
| 2017 | 63.7% | +0.2% |
| 2018 | 63.8% | +0.1% |
| 2019 | 63.3% | -0.9% |
| 2020 | 62.9% | -0.5% |
| 2021 | 61.3% | -2.6% |
| 2022 | 59.5% | -2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 56.6% | 55.1% | 57.5% | 3 |
| 2010s | 62.3% | 56.0% | 66.8% | 10 |
| 2020s | 61.2% | 59.5% | 62.9% | 3 |
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 subsidies and other transfers in Serbia?
- Subsidies and other transfers in Serbia was 59.5% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Serbia?
- The highest recorded value was 66.8% in 2013.
- What is the lowest subsidies and other transfers recorded in Serbia?
- The lowest recorded value was 55.1% in 2007.
- How does Serbia rank for subsidies and other transfers?
- Serbia ranks 30th out of 152 countries with data for 2022.
- Is subsidies and other transfers rising or falling in Serbia?
- Over the last ten years it is up 6.4%. 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 Subsidies and other transfers (% of expense). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.