Government Spending in Serbia decreased to 260783.90 RSD Million in the first quarter of 2021 from 278896.90 RSD Million in the fourth quarter of 2020. source: Statistical Office of the Republic of Serbia

Government Spending in Serbia averaged 119899.37 RSD Million from 1995 until 2021, 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 July of 2021.

Government Spending in Serbia is expected to be 274069.00 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 266521.00 in 12 months time. In the long-term, the Serbia Government Spending is projected to trend around 295579.00 RSD Million in 2022 and 306515.00 RSD Million in 2023, according to our econometric models.

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Serbia Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
260783.90 278896.90 278896.90 2320.70 1995 - 2021 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 of GDP [+]
Government Budget 0.20 0.60 1.10 -5.90 percent of GDP [+]
Government Debt 3191561.77 3135701.55 3191561.77 1505550.20 RSD Million [+]
Military Expenditure 1086.00 1144.00 1478.00 795.00 USD Million [+]
Government Spending 260783.90 278896.90 278896.90 2320.70 RSD Million [+]
Government Spending To Gdp 42.30 40.90 45.20 39.80 percent of GDP [+]
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.