Taxes on goods and services, Ratio of this level of government's in Serbia
Serbia: Taxes on goods and services, Ratio of this level of government's was 0.9741 in 2020. ▬ Flat
Taxes on goods and services, Ratio of this level of government's in Serbia, 2007–2020
Source: International Monetary Fund.
Analysis
Serbia recorded 0.9741 for taxes on goods and services, ratio of this level of government's in 2020.
The figure is up 0.3% on the previous year and up 0.5% over ten years.
Over the whole period, taxes on goods and services, ratio of this level of government's in Serbia peaked at 0.9783 in 2011 and was at its lowest, 0.9456, in 2013.
That places Serbia 40th out of 80 countries with data for 2020, putting it in the middle of the range.
Taxes on goods and services, Ratio of this level of government's in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 0.957 | — |
| 2008 | 0.9617 | +0.5% |
| 2009 | 0.9687 | +0.7% |
| 2010 | 0.9696 | +0.1% |
| 2011 | 0.9783 | +0.9% |
| 2012 | 0.974 | -0.4% |
| 2013 | 0.9456 | -2.9% |
| 2014 | 0.9642 | +2.0% |
| 2015 | 0.967 | +0.3% |
| 2016 | 0.9659 | -0.1% |
| 2017 | 0.9687 | +0.3% |
| 2018 | 0.9667 | -0.2% |
| 2019 | 0.9715 | +0.5% |
| 2020 | 0.9741 | +0.3% |
Serbia compared with similar countries
- Serbia's 0.9741 is above the median for upper middle income countries, which is 0.9674, 1.0× the median. (28 countries reporting)
- Serbia's 0.9741 is below the median for Europe & Central Asia, which is 0.978, 100% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9625 | 0.957 | 0.9687 | 3 |
| 2010s | 0.9671 | 0.9456 | 0.9783 | 10 |
| 2020s | 0.9741 | 0.9741 | 0.9741 | 1 |
Countries ranked near Serbia
More public sector data for Serbia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, 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)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
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- 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, ratio of this level of government's in Serbia?
- Taxes on goods and services, ratio of this level of government's in Serbia was 0.9741 in 2020, according to International Monetary Fund.
- What is the highest taxes on goods and services, ratio of this level of government's recorded in Serbia?
- The highest recorded value was 0.9783 in 2011.
- What is the lowest taxes on goods and services, ratio of this level of government's recorded in Serbia?
- The lowest recorded value was 0.9456 in 2013.
- How does Serbia rank for taxes on goods and services, ratio of this level of government's?
- Serbia ranks 40th out of 80 countries with data for 2020.
- Is taxes on goods and services, ratio of this level of government's rising or falling in Serbia?
- Over the last ten years it is up 0.5%. The long-run trend across the full record is flat.
- Where does this Serbia data come from?
- The figures come from International Monetary Fund, published as part of Taxes on goods and services, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government). Statizoid updates them automatically from the source API.
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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.