Serbia recorded a government debt equivalent to 52 percent of the country's Gross Domestic Product in 2019.

Government Debt to GDP in Serbia averaged 60.37 percent from 2000 until 2019, reaching an all time high of 201.20 percent in 2000 and a record low of 26.80 percent in 2008. This page provides - Serbia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Government Debt to GDP - values, historical data and charts - was last updated on July of 2020.

Government Debt to GDP in Serbia is expected to reach 62.00 percent by the end of 2020, 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 60.00 percent in 2021 and 57.00 percent in 2022, according to our econometric models.

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Serbia Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
52.00 53.70 201.20 26.80 2000 - 2019 percent Yearly

Serbia Government Last Previous Highest Lowest Unit
Government Debt to GDP 52.00 53.70 201.20 26.80 percent [+]
Government Budget 0.20 0.60 1.10 -5.90 percent of GDP [+]
Government Debt 3150240.50 2887536.43 3150240.50 1505550.20 RSD Million [+]
Military Expenditure 813.00 802.00 1369.00 747.00 USD Million [+]
Government Spending 244154.00 257802.10 257802.10 3754.20 RSD Million [+]
Government Spending To Gdp 42.30 40.90 45.20 39.80 percent [+]
Credit Rating 46.00 [+]


Serbia Government Debt to GDP
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.