Value-added tax (VAT), Ratio of this level of government's revenue in Serbia
Serbia: Value-added tax (VAT), Ratio of this level of government's revenue was 1 in 2020. ▬ Flat
Value-added tax (VAT), Ratio of this level of government's revenue in Serbia, 2007–2020
Source: International Monetary Fund.
Analysis
In 2020, value-added tax (vat), ratio of this level of government's revenue in Serbia stood at 1. That is the highest value across all 14 years on record.
That represents a change of unchanged over ten years.
Over the whole period, value-added tax (vat), ratio of this level of government's revenue in Serbia peaked at 1 in 2007 and was at its lowest, 1, in 2007.
That places Serbia 3rd out of 70 countries with data for 2020, putting it in the top 10%.
Value-added tax (VAT), Ratio of this level of government's revenue in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 1 | — |
| 2008 | 1 | +0.0% |
| 2009 | 1 | +0.0% |
| 2010 | 1 | +0.0% |
| 2011 | 1 | +0.0% |
| 2012 | 1 | +0.0% |
| 2013 | 1 | +0.0% |
| 2014 | 1 | +0.0% |
| 2015 | 1 | +0.0% |
| 2016 | 1 | +0.0% |
| 2017 | 1 | +0.0% |
| 2018 | 1 | +0.0% |
| 2019 | 1 | +0.0% |
| 2020 | 1 | +0.0% |
Serbia compared with similar countries
- Serbia's 1 is above the median for upper middle income countries, which is 1, 1.0× the median. (26 countries reporting)
- Serbia's 1 is above the median for Europe & Central Asia, which is 1, 1.0× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1 | 1 | 1 | 3 |
| 2010s | 1 | 1 | 1 | 10 |
| 2020s | 1 | 1 | 1 | 1 |
Countries ranked near Serbia
- 1 North Macedonia 1 compare
- 2 Guatemala 1 compare
- 3 Albania 1 compare
- 3 Armenia 1 compare
- 3 Australia 1 compare
- 3 Austria 1 compare
- 3 Belgium 1 compare
- 3 Bulgaria 1 compare
- 3 Switzerland 1 compare
- 3 Chile 1 compare
- 3 Cape Verde 1 compare
- 3 Cyprus 1 compare
- 3 Denmark 1 compare
- 3 Estonia 1 compare
- 3 Finland 1 compare
- 3 United Kingdom 1 compare
- 3 Georgia 1 compare
- 3 Greece 1 compare
- 3 Honduras 1 compare
- 3 Croatia 1 compare
- 3 Hungary 1 compare
- 3 Indonesia 1 compare
- 3 Ireland 1 compare
- 3 Iceland 1 compare
- 3 Israel 1 compare
- 3 Italy 1 compare
- 3 Kazakhstan 1 compare
- 3 Kenya 1 compare
- 3 Kyrgyzstan 1 compare
- 3 Kiribati 1 compare
- 3 Lithuania 1 compare
- 3 Luxembourg 1 compare
- 3 Latvia 1 compare
- 3 Mexico 1 compare
- 3 Malta 1 compare
- 3 Mongolia 1 compare
- 3 Mauritius 1 compare
- 3 Netherlands 1 compare
- 3 Norway 1 compare
- 3 Peru 1 compare
- 3 Poland 1 compare
- 3 Paraguay 1 compare
- 3 Romania 1 compare
- 3 Rwanda 1 compare
- 3 El Salvador 1 compare
- 3 Slovakia 1 compare
- 3 Slovenia 1 compare
- 3 Sweden 1 compare
- 3 Turkey 1 compare
- 3 Uganda 1 compare
- 3 Ukraine 1 compare
- 3 South Africa 1 compare
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)
- 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 value-added tax (vat), ratio of this level of government's revenue in Serbia?
- Value-added tax (vat), ratio of this level of government's revenue in Serbia was 1 in 2020, according to International Monetary Fund.
- What is the highest value-added tax (vat), ratio of this level of government's revenue recorded in Serbia?
- The highest recorded value was 1 in 2007.
- What is the lowest value-added tax (vat), ratio of this level of government's revenue recorded in Serbia?
- The lowest recorded value was 1 in 2007.
- How does Serbia rank for value-added tax (vat), ratio of this level of government's revenue?
- Serbia ranks 3rd out of 70 countries with data for 2020.
- Is value-added tax (vat), ratio of this level of government's revenue rising or falling in Serbia?
- Over the last ten years it is unchanged. 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 Value-added tax (VAT), 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.