Taxes on goods and services (current LCU) in Serbia
Serbia: Taxes on goods and services (current LCU) was 1.19 trillion current LCU in 2022. ▲ Rising
Taxes on goods and services in Serbia, 2007–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2022, taxes on goods and services in Serbia stood at 1.19 trillion current LCU. That is the highest value across all 16 years on record.
Compared with earlier readings it is up 30.3% on the previous year and up 106.8% over ten years.
Over the whole period, taxes on goods and services in Serbia peaked at 1.19 trillion current LCU in 2022 and was at its lowest, 390.01 billion current LCU, in 2007.
Serbia ranks 37th of 157 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Taxes on goods and services (current LCU) in Serbia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2007 | 390.01 billion current LCU | — |
| 2008 | 440.40 billion current LCU | +12.9% |
| 2009 | 461.61 billion current LCU | +4.8% |
| 2010 | 508.12 billion current LCU | +10.1% |
| 2011 | 544.54 billion current LCU | +7.2% |
| 2012 | 575.66 billion current LCU | +5.7% |
| 2013 | 610.38 billion current LCU | +6.0% |
| 2014 | 653.26 billion current LCU | +7.0% |
| 2015 | 699.86 billion current LCU | +7.1% |
| 2016 | 761.50 billion current LCU | +8.8% |
| 2017 | 805.62 billion current LCU | +5.8% |
| 2018 | 839.85 billion current LCU | +4.2% |
| 2019 | 911.96 billion current LCU | +8.6% |
| 2020 | 913.27 billion current LCU | +0.1% |
| 2021 | 913.27 billion current LCU | +0.0% |
| 2022 | 1.19 trillion current LCU | +30.3% |
Serbia compared with similar countries
- Serbia's 1.19 trillion current LCU is above the median for upper middle income countries, which is 103.35 billion current LCU, 11.5× the median. (48 countries reporting)
- Serbia's 1.19 trillion current LCU is above the median for Europe & Central Asia, which is 85.71 billion current LCU, 13.9× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (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 | +30.3% | 913.27 billion current LCU | 1.19 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 430.68 billion current LCU | 390.01 billion current LCU | 461.61 billion current LCU | 3 |
| 2010s | 691.08 billion current LCU | 508.12 billion current LCU | 911.96 billion current LCU | 10 |
| 2020s | 1.01 trillion current LCU | 913.27 billion current LCU | 1.19 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 taxes on goods and services in Serbia?
- Taxes on goods and services in Serbia was 1.19 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Serbia?
- The highest recorded value was 1.19 trillion current LCU in 2022.
- What is the lowest taxes on goods and services recorded in Serbia?
- The lowest recorded value was 390.01 billion current LCU in 2007.
- How does Serbia rank for taxes on goods and services?
- Serbia ranks 37th out of 157 countries with data for 2022.
- Is taxes on goods and services rising or falling in Serbia?
- Over the last ten years it is up 106.8%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.