Government Spending in Serbia increased to 278896.90 RSD Million in the fourth quarter of 2020 from 242987.20 RSD Million in the third quarter of 2020. source: Statistical Office of the Republic of Serbia

Government Spending in Serbia averaged 118544.71 RSD Million from 1995 until 2020, reaching an all time high of 278896.90 RSD Million in the fourth quarter of 2020 and a record low of 2320.70 RSD Million in the first quarter of 1995. This page provides - Serbia Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Government Spending - values, historical data and charts - was last updated on March of 2021.

Government Spending in Serbia is expected to be 241854.00 RSD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Serbia to stand at 249439.00 in 12 months time. In the long-term, the Serbia Government Spending is projected to trend around 258669.00 RSD Million in 2022 and 268239.00 RSD Million in 2023, according to our econometric models.

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Serbia Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
278896.90 242987.20 278896.90 2320.70 1995 - 2020 RSD Million Quarterly
Constant 2010 Prices, NSA

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 3135701.55 3134078.87 3154210.69 1505550.20 RSD Million [+]
Military Expenditure 813.00 802.00 1369.00 747.00 USD Million [+]
Government Spending 278896.90 242987.20 278896.90 2320.70 RSD Million [+]
Government Spending To Gdp 42.30 40.90 45.20 39.80 percent [+]
Credit Rating 46.00 [+]


Serbia Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.