Government Spending in Serbia increased to 228497.30 RSD Million in the second quarter of 2019 from 207889.50 RSD Million in the first quarter of 2019. Government Spending in Serbia averaged 113371.16 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 215530.00 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 215789.00 in 12 months time. In the long-term, the Serbia Government Spending is projected to trend around 258345.00 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 2808126.90 2777491.53 3089477.59 1505550.20 RSD Million [+]
Credit Rating 36.25 [+]
Military Expenditure 813.00 802.00 1369.00 747.00 USD Million [+]
Government Spending 228497.30 207889.50 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
228497.30 207889.50 231891.50 3754.20 1996 - 2019 RSD Million Quarterly
Constant 2010 Prices, NSA




Country Last Previous
Argentina 94555.00 Jun/19
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Brazil 120212.48 Jul/19
Canada 424534.00 Jun/19
China 220906.00 Dec/18
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France 136971.00 Jun/19
Germany 163.06 Jun/19
India 4218.93 Jun/19
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Japan 109084.50 Jun/19
Mexico 2168414.00 Jun/19
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Saudi Arabia 151611.00 Mar/19
Singapore 12496.60 Jun/19
South Africa 651189.00 Jun/19
South Korea 75743.40 Jun/19
Spain 58162.00 Jun/19
Switzerland 19989.06 Jun/19
Turkey 62009834.30 Jun/19
United Kingdom 94259.00 Jun/19
United States 3293.82 Jun/19


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