Government Spending in Serbia decreased to 207889.50 RSD Million in the first quarter of 2019 from 231891.50 RSD Million in the fourth quarter of 2018. Government Spending in Serbia averaged 112133.24 RSD Million from 1996 until 2019, reaching an all time high of 231891.50 RSD Million in the fourth quarter of 2018 and a record low of 3754.20 RSD Million in the first quarter of 1996.

Government Spending in Serbia is expected to be 212933.00 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 238385.00 in 12 months time. In the long-term, the Serbia Government Spending is projected to trend around 257848.00 RSD Million in 2020, according to our econometric models.

Serbia Government Spending
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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 2800883.51 2763074.18 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 [+]


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. This page provides - Serbia Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Government Spending - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
207889.50 231891.50 231891.50 3754.20 1996 - 2019 RSD Million Quarterly
Constant 2010 Prices, NSA




Country Last Previous
Argentina 90795.00 Mar/19
Australia 90142.00 Mar/19
Brazil 105533.40 May/19
Canada 422881.00 Mar/19
China 220906.00 Dec/18
Euro Area 546.04 Mar/19
France 136607.00 Mar/19
Germany 143.22 Mar/19
India 3686.66 Mar/19
Indonesia 153652.73 Mar/19
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Japan 107734.40 Mar/19
Mexico 2143950.00 Mar/19
Netherlands 45186.00 Mar/19
Russia 4035.60 Mar/19
Saudi Arabia 151611.00 Mar/19
Singapore 12422.70 Mar/19
South Africa 645563.00 Mar/19
South Korea 74118.60 Mar/19
Spain 56967.00 Mar/19
Switzerland 19991.24 Mar/19
Turkey 57997834.60 Mar/19
United Kingdom 93644.00 Mar/19
United States 3211.03 Mar/19


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