Subsidies and other transfers in Serbia
Serbia: Subsidies and other transfers was 1.58 trillion current LCU in 2022. ▲ Rising
Subsidies and other transfers in Serbia, 2007–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2022, subsidies and other transfers in Serbia stood at 1.58 trillion current LCU. That is the highest value across all 16 years on record.
Compared with earlier readings it is up 3.7% on the previous year and up 100.2% over ten years.
Over the whole period, subsidies and other transfers in Serbia peaked at 1.58 trillion current LCU in 2022 and was at its lowest, 477.71 billion current LCU, in 2007.
Serbia ranks 33rd of 153 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 | 568.57 billion current LCU | 477.71 billion current LCU | 629.84 billion current LCU | 3 |
| 2010s | 1.04 trillion current LCU | 690.57 billion current LCU | 1.28 trillion current LCU | 10 |
| 2020s | 1.55 trillion current LCU | 1.52 trillion current LCU | 1.58 trillion 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 subsidies and other transfers in Serbia?
- Subsidies and other transfers in Serbia was 1.58 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Serbia?
- The highest recorded value was 1.58 trillion current LCU in 2022.
- What is the lowest subsidies and other transfers recorded in Serbia?
- The lowest recorded value was 477.71 billion current LCU in 2007.
- How does Serbia rank for subsidies and other transfers?
- Serbia ranks 33rd out of 153 countries with data for 2022.
- Is subsidies and other transfers rising or falling in Serbia?
- Over the last ten years it is up 100.2%. 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 Subsidies and other transfers (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
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.