Government revenue — all countries

Government revenue — Serbia

Government revenue in Serbia in 2022 — 38.65%. Ranked 14 in the world out of 118. Since 2007, the indicator has risen by 3.83 pp.

2022 38.65% +4.09 pp vs 2021
World rank 14of 118
Period maximum 39.43%2020
Period minimum 31.54%2012

Trend over time

2007–2022 · % of GDP

Government revenue — Serbia, 2007–20223032343638402007200920112013201520172019202120222007: 34.82%2008: 34.71%2009: 33.26%2010: 33.1%2011: 31.72%2012: 31.54%2013: 35.9%2014: 37.32%2015: 37.46%2016: 38.32%2017: 39.02%2018: 38.64%2019: 39.29%2020: 39.43%2021: 34.56%2022: 38.65%
Change over the period: +3.83 pp Annual average: 0.26 pp

Comparison, 2022

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

Serbia 38.65%
World 24.07%
Southern Europe computed 36.33%
Government revenue — Serbia, by year Serbia All countries CSV XLSX
Year % Change, pp
2022 38.65 +4.09 pp
2021 34.56 −4.87 pp
2020 39.43 +0.14 pp
2019 39.29 +0.65 pp
2018 38.64 −0.38 pp
2017 39.02 +0.69 pp
2016 38.32 +0.87 pp
2015 37.46 +0.13 pp
2014 37.32 +1.42 pp
2013 35.9 +4.36 pp
2012 31.54 −0.18 pp
2011 31.72 −1.38 pp
2010 33.1 −0.16 pp
2009 33.26 −1.45 pp
2008 34.71 −0.11 pp
2007 34.82

About the indicator

Central government revenue excluding grants, as a percent of GDP. Beyond taxes it includes non-tax receipts: dividends of state-owned companies, revenue from the sale of extraction rights, duties and fees. That is why the difference between this indicator and tax revenue says something about the structure of a state: in commodity countries it is large, because a substantial part of the budget comes not from taxes but from rent.

Important: Grants are excluded deliberately: in the poorest countries foreign aid can make up a substantial part of the budget, and with it included the indicator would no longer measure the ability of a state to raise revenue.

Source: World Development Indicators (World Bank), license CC BY 4.0.