Share of GDP spent on education vs. share of government spending assigned to education in Serbia

Serbia: Share of GDP spent on education vs. share of government spending assigned to education was 8.4% in 2023. ▼ Falling

Latest (2023)
8.4%
Change on year
up 12.5%
World rank
172nd
of 194 countries
All-time high
10.5%
in 2009
All-time low
7.1%
in 2021
Years of data
10
2007–2023

Share of GDP spent on education vs. share of government spending assigned to education in Serbia, 2007–2023

02.557.5102007201520232007: 10 %2009: 10.5 %2011: 10.2 %2016: 8.7 %2017: 9.3 %2018: 8.8 %2019: 8.6 %2021: 7.1 %2022: 7.4 %2023: 8.4 %

Source: UNESCO Institute for Statistics (2026) – with minor processing by Our World in Data. Measured in %.

Analysis

Serbia recorded 8.4% for share of gdp spent on education vs. share of government spending assigned to education in 2023.

Compared with earlier readings it is up 12.5% on the previous year and down 17.6% over ten years.

Over the whole period, share of gdp spent on education vs. share of government spending assigned to education in Serbia peaked at 10.5% in 2009 and was at its lowest, 7.1%, in 2021.

That places Serbia 172nd out of 194 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 10 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.2% 10.0% 10.5% 2
2010s 9.1% 8.6% 10.2% 5
2020s 7.6% 7.1% 8.4% 3

Countries ranked near Serbia

  1. 169 Croatia 8.5% compare
  2. 170 Uganda 8.5% compare
  3. 171 Luxembourg 8.5% compare
  4. 173 Bahrain 8.3% compare
  5. 174 Laos 8.2% compare
  6. 175 Somalia 8.1% compare

See the full ranking of 194 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is share of gdp spent on education vs. share of government spending assigned to education in Serbia?
Share of gdp spent on education vs. share of government spending assigned to education in Serbia was 8.4% in 2023, according to UNESCO Institute for Statistics (2026) – with minor processing by Our World in Data.
What is the highest share of gdp spent on education vs. share of government spending assigned to education recorded in Serbia?
The highest recorded value was 10.5% in 2009.
What is the lowest share of gdp spent on education vs. share of government spending assigned to education recorded in Serbia?
The lowest recorded value was 7.1% in 2021.
How does Serbia rank for share of gdp spent on education vs. share of government spending assigned to education?
Serbia ranks 172nd out of 194 countries with data for 2023.
Is share of gdp spent on education vs. share of government spending assigned to education rising or falling in Serbia?
Over the last ten years it is down 17.6%. The long-run trend across the full record is falling.
Where does this Serbia data come from?
The figures come from UNESCO Institute for Statistics (2026) – with minor processing by Our World in Data, published as part of Share of GDP spent on education vs. share of government spending assigned to education. Statizoid updates them automatically from the source API.

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About this data

Indicator
Share of GDP spent on education vs. share of government spending assigned to education
Unit
%
Source
UNESCO Institute for Statistics (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 4,043 data points, 1980–2025
Last refreshed

Percentage of total general government spending (across all sectors) that is allocated to education.