Education expenditure in the budget — all countries

Education expenditure in the budget — Serbia

Education expenditure in the budget in Serbia in 2023 — 8.38%. Ranked 102 in the world out of 113. Since 2007, the indicator has fallen by 1.59 pp.

2023 8.38% +0.93 pp vs 2022
World rank 102of 113
Period maximum 10.48%2009
Period minimum 7.09%2021

Trend over time

2007–2023 · % of government expenditure

Education expenditure in the budget — Serbia, 2007–202378910112007200920112013201520172019202120232007: 9.98%2009: 10.48%2011: 10.18%2016: 8.69%2017: 9.26%2018: 8.8%2019: 8.6%2021: 7.09%2022: 7.45%2023: 8.38%
Change over the period: −1.59 pp Annual average: -0.1 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Serbia

Serbia 8.38%
World 13.96%
Education expenditure in the budget — Serbia, by year Serbia All countries CSV XLSX
Year % Change, pp
2023 8.38 +0.93 pp
2022 7.45 +0.36 pp
2021 7.09
2019 8.6 −0.2 pp
2018 8.8 −0.45 pp
2017 9.26 +0.56 pp
2016 8.69
2011 10.18
2009 10.48
2007 9.98

Southern Europe, 2023

The same indicator for neighboring countries — with links to their pages

About the indicator

Government expenditure on education as a percentage of total government expenditure. Unlike the share of GDP, it shows the priority within the budget: a country may spend little on education as a percentage of GDP, yet with a small state that turns out to be a significant part of all expenditure. The international benchmark agreed under the Dakar Framework for Action is fifteen to twenty percent of the budget.

Important: The aggregate is weighted by government consumption in dollars: it accounts for about two thirds of all budget expenditure, and the source does not publish absolute spending. The same device is used for military expenditure in the budget.

Source: UNESCO Institute for Statistics (UIS), license CC BY-SA 3.0 IGO.