Income share held by fourth 20% in Serbia
Serbia: Income share held by fourth 20% was 23.1% in 2023. ▲ Rising
Income share held by fourth 20% in Serbia, 2002–2023
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
Analysis
In 2023, income share held by fourth 20% in Serbia stood at 23.1%.
That represents a change of up 0.4% on the previous year and down 1.7% over ten years.
Over the whole period, income share held by fourth 20% in Serbia peaked at 23.8% in 2017 and was at its lowest, 21.9%, in 2005.
Serbia ranks 12th of 121 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.3% | 21.9% | 22.7% | 8 |
| 2010s | 23.4% | 22.7% | 23.8% | 9 |
| 2020s | 22.8% | 22.5% | 23.1% | 4 |
Countries ranked near Serbia
- 9 Japan 23.2% compare
- 9 Luxembourg 23.2% compare
- 9 Uzbekistan 23.2% compare
- 12 Croatia 23.1% compare
- 12 Italy 23.1% compare
- 12 South Korea 23.1% compare
More poverty & inequality data for Serbia
- Poverty headcount ratio at $8.30 a day (2021 PPP) 9.0% (2023)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 2.1% (2023)
- Poverty headcount ratio at $3.00 a day (2021 PPP) 1.1% (2023)
- Poverty gap at $3.00 a day (2021 PPP) 0.5% (2023)
- Prosperity gap 2 average shortfall from a prosperity standard of $28/day (2023)
- Poverty gap at $8.30 a day (2021 PPP) 2.9% (2023)
- Poverty headcount ratio at societal poverty line 17.8% (2023)
- Poverty gap at $4.20 a day (2021 PPP) 0.8% (2023)
- Population living in slums 1.4% (2022)
- Income share held by second 20% 12.7% (2023)
Frequently asked questions
- What is income share held by fourth 20% in Serbia?
- Income share held by fourth 20% in Serbia was 23.1% in 2023, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest income share held by fourth 20% recorded in Serbia?
- The highest recorded value was 23.8% in 2017.
- What is the lowest income share held by fourth 20% recorded in Serbia?
- The lowest recorded value was 21.9% in 2005.
- How does Serbia rank for income share held by fourth 20%?
- Serbia ranks 12th out of 121 countries with data for 2023.
- Is income share held by fourth 20% rising or falling in Serbia?
- Over the last ten years it is down 1.7%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Income share held by fourth 20%. Statizoid updates them automatically from the source API.
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About this data
Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.