Tax revenue (current LCU) in Serbia
Serbia: Tax revenue (current LCU) was 1.78 trillion current LCU in 2022. ▲ Rising
Tax revenue in Serbia, 2007–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Serbia recorded 1.78 trillion current LCU for tax revenue in 2022. That is the highest value across all 16 years on record.
The figure is up 37.9% on the previous year and up 152.2% over ten years.
Over the whole period, tax revenue in Serbia peaked at 1.78 trillion current LCU in 2022 and was at its lowest, 537.56 billion current LCU, in 2007.
That places Serbia 44th out of 157 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Tax revenue (current LCU) in Serbia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2007 | 537.56 billion current LCU | — |
| 2008 | 615.07 billion current LCU | +14.4% |
| 2009 | 610.57 billion current LCU | -0.7% |
| 2010 | 657.57 billion current LCU | +7.7% |
| 2011 | 688.31 billion current LCU | +4.7% |
| 2012 | 706.86 billion current LCU | +2.7% |
| 2013 | 858.81 billion current LCU | +21.5% |
| 2014 | 914.08 billion current LCU | +6.4% |
| 2015 | 964.63 billion current LCU | +5.5% |
| 2016 | 1.05 trillion current LCU | +9.3% |
| 2017 | 1.15 trillion current LCU | +8.6% |
| 2018 | 1.20 trillion current LCU | +4.5% |
| 2019 | 1.30 trillion current LCU | +8.9% |
| 2020 | 1.29 trillion current LCU | -0.8% |
| 2021 | 1.29 trillion current LCU | +0.0% |
| 2022 | 1.78 trillion current LCU | +37.9% |
Serbia compared with similar countries
- Serbia's 1.78 trillion current LCU is above the median for upper middle income countries, which is 346.89 billion current LCU, 5.1× the median. (48 countries reporting)
- Serbia's 1.78 trillion current LCU is above the median for Europe & Central Asia, which is 161.58 billion current LCU, 11.0× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Tax revenue (current LCU) in Serbia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +37.9% | 1.29 trillion current LCU | 1.78 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 587.74 billion current LCU | 537.56 billion current LCU | 615.07 billion current LCU | 3 |
| 2010s | 949.17 billion current LCU | 657.57 billion current LCU | 1.30 trillion current LCU | 10 |
| 2020s | 1.46 trillion current LCU | 1.29 trillion current LCU | 1.78 trillion current LCU | 3 |
Countries ranked near Serbia
More public sector data for Serbia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 3 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is tax revenue in Serbia?
- Tax revenue in Serbia was 1.78 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Serbia?
- The highest recorded value was 1.78 trillion current LCU in 2022.
- What is the lowest tax revenue recorded in Serbia?
- The lowest recorded value was 537.56 billion current LCU in 2007.
- How does Serbia rank for tax revenue?
- Serbia ranks 44th out of 157 countries with data for 2022.
- Is tax revenue rising or falling in Serbia?
- Over the last ten years it is up 152.2%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.