Taxes on international trade in Serbia
Serbia: Taxes on international trade was 2.7% in 2022. ▼ Falling
Taxes on international trade in Serbia, 2007–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2022, taxes on international trade in Serbia stood at 2.7%.
Compared with earlier readings it is up 19.8% on the previous year and down 4.9% over ten years.
Over the whole period, taxes on international trade in Serbia peaked at 6.3% in 2007 and was at its lowest, 1.9%, in 2014.
Serbia ranks 95th of 154 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Taxes on international trade in Serbia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2007 | 6.3% | — |
| 2008 | 6.2% | -1.6% |
| 2009 | 4.5% | -26.7% |
| 2010 | 3.9% | -13.2% |
| 2011 | 3.2% | -17.3% |
| 2012 | 2.9% | -12.2% |
| 2013 | 2.1% | -26.4% |
| 2014 | 1.9% | -9.4% |
| 2015 | 2.0% | +2.9% |
| 2016 | 2.0% | +2.6% |
| 2017 | 2.0% | +1.4% |
| 2018 | 2.1% | +3.9% |
| 2019 | 2.1% | +0.7% |
| 2020 | 2.3% | +6.3% |
| 2021 | 2.3% | +0.0% |
| 2022 | 2.7% | +19.8% |
Serbia compared with similar countries
- Serbia's 2.7% is below the median for upper middle income countries, which is 4.5%, 60% of the median. (48 countries reporting)
- Serbia's 2.7% is above the median for Europe & Central Asia, which is 0.4%, 6.9× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.7% | 4.5% | 6.3% | 3 |
| 2010s | 2.4% | 1.9% | 3.9% | 10 |
| 2020s | 2.4% | 2.3% | 2.7% | 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 taxes on international trade in Serbia?
- Taxes on international trade in Serbia was 2.7% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Serbia?
- The highest recorded value was 6.3% in 2007.
- What is the lowest taxes on international trade recorded in Serbia?
- The lowest recorded value was 1.9% in 2014.
- How does Serbia rank for taxes on international trade?
- Serbia ranks 95th out of 154 countries with data for 2022.
- Is taxes on international trade rising or falling in Serbia?
- Over the last ten years it is down 4.9%. The long-run trend across the full record is falling.
- 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 international trade (% of revenue). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.