Tax revenue in Serbia
Serbia: Tax revenue was 1.78 trillion current LCU in 2022. ▲ Rising
Tax revenue in Serbia, 2007–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Serbia recorded 1.78 trillion current LCU for tax revenue in 2022. That is the highest value across all 16 years on record.
The figure is up 37.9% on the previous year and up 152.2% over ten years.
Over the whole period, tax revenue in Serbia peaked at 1.78 trillion current LCU in 2022 and was at its lowest, 537.56 billion current LCU, in 2007.
That places Serbia 44th out of 157 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 587.74 billion current LCU | 537.56 billion current LCU | 615.07 billion current LCU | 3 |
| 2010s | 949.17 billion current LCU | 657.57 billion current LCU | 1.30 trillion current LCU | 10 |
| 2020s | 1.46 trillion current LCU | 1.29 trillion current LCU | 1.78 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 tax revenue in Serbia?
- Tax revenue in Serbia was 1.78 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Serbia?
- The highest recorded value was 1.78 trillion current LCU in 2022.
- What is the lowest tax revenue recorded in Serbia?
- The lowest recorded value was 537.56 billion current LCU in 2007.
- How does Serbia rank for tax revenue?
- Serbia ranks 44th out of 157 countries with data for 2022.
- Is tax revenue rising or falling in Serbia?
- Over the last ten years it is up 152.2%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.