Serbia Government Debt to GDP

Serbia recorded a government debt equivalent to 54.50 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Serbia averaged 61.99 percent from 2000 until 2018, reaching an all time high of 201.20 percent in 2000 and a record low of 28.30 percent in 2008.

Government Debt to GDP in Serbia is expected to be 51.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Government Debt to GDP is projected to trend around 45.00 percent in 2020, according to our econometric models.

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Serbia Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	54.50	58.70	201.20	28.30	percent	[+]
Government Budget	0.60	1.10	1.10	-6.40	percent of GDP	[+]
Government Debt	2777491.53	2800883.51	3089477.59	1505550.20	RSD Million	[+]
Credit Rating	36.25					[+]
Military Expenditure	813.00	802.00	1369.00	747.00	USD Million	[+]
Government Spending	207889.50	231891.50	231891.50	3754.20	RSD Million	[+]
Government Spending To Gdp	41.00	40.40	45.20	39.80	percent	[+]

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Serbia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on August of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	54.50	58.70	201.20	28.30	2000 - 2018	percent	Yearly

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Country	Last		Previous	Range
Japan	253.00	Dec/17	250	253 : 50.6	%
Italy	132.20	Dec/18	131	132 : 90.5	%
Singapore	112.20	Dec/18	111	112 : 67.4	%
United States	106.10	Dec/18	105	119 : 31.8	%
France	98.40	Dec/18	98.4	98.4 : 20.7	%
Spain	97.10	Dec/18	98.1	100 : 16.6	%
Canada	90.60	Dec/18	89.7	101 : 45.1	%
Argentina	86.20	Dec/18	56.6	167 : 34.5	%
Euro Area	85.10	Dec/18	87.1	92 : 65	%
United Kingdom	84.70	Dec/18	85.1	85.1 : 21.8	%
Brazil	77.22	Dec/18	74.07	77.22 : 51.27	%
India	68.70	Dec/17	69.6	84.2 : 66	%
Germany	60.90	Dec/18	64.5	81.8 : 54.8	%
South Africa	55.80	Dec/18	53.1	55.8 : 27.8	%
Netherlands	52.40	Dec/18	57	73.1 : 43	%
China	50.50	Dec/18	46.8	50.5 : 20.4	%
Mexico	46.00	Dec/18	46	48.2 : 17.9	%
Australia	40.70	Dec/18	40.7	40.7 : 9.7	%
South Korea	36.60	Dec/18	36.3	39.9 : 8.24	%
Turkey	30.40	Dec/18	28.3	76.1 : 27.6	%
Indonesia	29.80	Dec/18	28.7	87.43 : 22.96	%
Switzerland	27.70	Dec/18	29.3	48.9 : 25.1	%
Saudi Arabia	19.10	Dec/18	17.2	104 : 1.6	%
Russia	13.50	Dec/17	12.9	92.1 : 6.5	%