Tax revenue (% of GDP) — all countries

Tax revenue (% of GDP) — Serbia

Tax revenue (% of GDP) in Serbia in 2022 — 23.89%. Ranked 18 in the world out of 118. Since 2007, the indicator has risen by 3.41 pp.

2022 23.89% +4.23 pp vs 2021
World rank 18of 118
Period maximum 23.89%2022
Period minimum 17.81%2012

Trend over time

2007–2022 · % of GDP

Tax revenue (% of GDP) — Serbia, 2007–202216182022242007200920112013201520172019202120222007: 20.49%2008: 20.36%2009: 19.24%2010: 19.43%2011: 18.31%2012: 17.81%2013: 19.99%2014: 21.05%2015: 21.47%2016: 22.44%2017: 23.13%2018: 22.64%2019: 23%2020: 22.43%2021: 19.66%2022: 23.89%
Change over the period: +3.41 pp Annual average: 0.23 pp

Comparison, 2022

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

Serbia 23.89%
World 14.5%
Southern Europe computed 21.38%
Tax revenue (% of GDP) — Serbia, by year Serbia All countries CSV XLSX
Year % Change, pp
2022 23.89 +4.23 pp
2021 19.66 −2.77 pp
2020 22.43 −0.57 pp
2019 23 +0.36 pp
2018 22.64 −0.49 pp
2017 23.13 +0.68 pp
2016 22.44 +0.98 pp
2015 21.47 +0.41 pp
2014 21.05 +1.06 pp
2013 19.99 +2.17 pp
2012 17.81 −0.5 pp
2011 18.31 −1.12 pp
2010 19.43 +0.19 pp
2009 19.24 −1.12 pp
2008 20.36 −0.13 pp
2007 20.49

About the indicator

Central government tax revenue as a percent of GDP, excluding compulsory social contributions and revenue from fines and penalties. A level of 15% of GDP is considered the minimum threshold at which a state is able to provide basic services and infrastructure.

Important: Only the central budget is counted — in federal states the overall tax burden is substantially higher.

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