Subsidies, payable, Ratio of this level of government's expenditure in Serbia
Serbia: Subsidies, payable, Ratio of this level of government's expenditure was 0.9018 in 2020. ▲ Rising
Subsidies, payable, Ratio of this level of government's expenditure in Serbia, 2007–2020
Source: International Monetary Fund.
Analysis
Serbia recorded 0.9018 for subsidies, payable, ratio of this level of government's expenditure in 2020. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 20.0% on the previous year and up 24.9% over ten years.
Over the whole period, subsidies, payable, ratio of this level of government's expenditure in Serbia peaked at 0.9018 in 2020 and was at its lowest, 0.5691, in 2007.
That places Serbia 30th out of 75 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.
Subsidies, payable, Ratio of this level of government's expenditure in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 0.5691 | — |
| 2008 | 0.6331 | +11.2% |
| 2009 | 0.648 | +2.4% |
| 2010 | 0.7218 | +11.4% |
| 2011 | 0.7683 | +6.4% |
| 2012 | 0.7368 | -4.1% |
| 2013 | 0.6331 | -14.1% |
| 2014 | 0.7315 | +15.5% |
| 2015 | 0.7549 | +3.2% |
| 2016 | 0.7572 | +0.3% |
| 2017 | 0.6897 | -8.9% |
| 2018 | 0.6996 | +1.4% |
| 2019 | 0.7515 | +7.4% |
| 2020 | 0.9018 | +20.0% |
Serbia compared with similar countries
- Serbia's 0.9018 is above the median for upper middle income countries, which is 0.9018, 1.0× the median. (25 countries reporting)
- Serbia's 0.9018 is above the median for Europe & Central Asia, which is 0.7742, 1.2× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6168 | 0.5691 | 0.648 | 3 |
| 2010s | 0.7244 | 0.6331 | 0.7683 | 10 |
| 2020s | 0.9018 | 0.9018 | 0.9018 | 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 subsidies, payable, ratio of this level of government's expenditure in Serbia?
- Subsidies, payable, ratio of this level of government's expenditure in Serbia was 0.9018 in 2020, according to International Monetary Fund.
- What is the highest subsidies, payable, ratio of this level of government's expenditure recorded in Serbia?
- The highest recorded value was 0.9018 in 2020.
- What is the lowest subsidies, payable, ratio of this level of government's expenditure recorded in Serbia?
- The lowest recorded value was 0.5691 in 2007.
- How does Serbia rank for subsidies, payable, ratio of this level of government's expenditure?
- Serbia ranks 30th out of 75 countries with data for 2020.
- Is subsidies, payable, ratio of this level of government's expenditure rising or falling in Serbia?
- Over the last ten years it is up 24.9%. 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 Subsidies, 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.
Download this data
CSV · JSON — 14 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.