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.

Serbia Government Debt to GDP
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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 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. 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 July of 2019.

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




Country Last Previous
Japan 253.00 Dec/17
Italy 132.20 Dec/18
Singapore 112.20 Dec/18
United States 106.10 Dec/18
France 98.40 Dec/18
Spain 97.10 Dec/18
Canada 90.60 Dec/18
Argentina 86.20 Dec/18
Euro Area 85.10 Dec/18
United Kingdom 84.70 Dec/18
Brazil 77.22 Dec/18
India 68.70 Dec/17
Germany 60.90 Dec/18
South Africa 55.80 Dec/18
Netherlands 52.40 Dec/18
China 50.50 Dec/18
Mexico 46.00 Dec/18
Australia 40.70 Dec/18
South Korea 36.60 Dec/18
Turkey 30.40 Dec/18
Indonesia 29.80 Dec/18
Switzerland 27.70 Dec/18
Saudi Arabia 19.10 Dec/18
Russia 13.50 Dec/17


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