Social contributions in Serbia
Serbia: Social contributions was 862.75 billion current LCU in 2022. ▲ Rising
Social contributions in Serbia, 2007–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for social contributions in Serbia is 862.75 billion current LCU, measured in 2022. That is the highest value across all 16 years on record.
That represents a change of up 16.1% on the previous year and up 93.6% over ten years.
Over the whole period, social contributions in Serbia peaked at 862.75 billion current LCU in 2022 and was at its lowest, 313.02 billion current LCU, in 2007.
Serbia ranks 17th of 112 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 350.06 billion current LCU | 313.02 billion current LCU | 373.07 billion current LCU | 3 |
| 2010s | 513.87 billion current LCU | 379.01 billion current LCU | 683.01 billion current LCU | 10 |
| 2020s | 783.08 billion current LCU | 743.25 billion current LCU | 862.75 billion current LCU | 3 |
Countries ranked near Serbia
More public sector data for Serbia
- Arms imports 153.00 million SIPRI trend indicator values (2024)
- Tax revenue 23.9% (2022)
- Taxes on income, profits and capital gains 17.6% (2022)
- Taxes on goods and services 40.9% (2022)
- Net investment in nonfinancial assets 6.6% (2022)
- Net lending (+) / net borrowing (-) -3.1% (2022)
- Interest payments 3.6% (2022)
- Grants and other revenue 9.2% (2022)
- Interest payments 4.0% (2022)
- Other taxes 0.0% (2022)
Frequently asked questions
- What is social contributions in Serbia?
- Social contributions in Serbia was 862.75 billion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Serbia?
- The highest recorded value was 862.75 billion current LCU in 2022.
- What is the lowest social contributions recorded in Serbia?
- The lowest recorded value was 313.02 billion current LCU in 2007.
- How does Serbia rank for social contributions?
- Serbia ranks 17th out of 112 countries with data for 2022.
- Is social contributions rising or falling in Serbia?
- Over the last ten years it is up 93.6%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Social contributions (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.