Serbia Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Overview
Serbia's budget deficit stood at -2.73% in 2025, a decline of +0.98% from 2024. The IMF projects -2.73% by 2025. Serbia ranked 90th globally.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -1.81% | - | - |
| 2029* IMF | -2.31% | - | - |
| 2028* IMF | -2.32% | - | - |
| 2027* IMF | -2.80% | - | - |
| 2026* IMF | -2.78% | - | - |
| 2025* IMF | -2.73% | - | - |
| 2025 | -2.73% | −0.98% | #90 |
| 2024 | -1.75% | −0.54% | #117 |
| 2023 | -1.21% | −1.07% | #131 |
| 2022 | -0.14% | +3.02% | #141 |
| 2021 | -3.16% | +3.76% | #109 |
| 2020 | -6.91% | −6.91% | #84 |
| 2019 | 0.00% | −0.78% | #136 |
| 2018 | 0.78% | −0.54% | #145 |
| 2017 | 1.32% | +2.39% | #165 |
| 2016 | -1.08% | +2.17% | #130 |
| 2015 | -3.25% | +2.36% | #85 |
| 2014 | -5.61% | −0.82% | #31 |
| 2013 | -4.79% | +1.32% | #42 |
| 2012 | -6.11% | −2.35% | #31 |
| 2011 | -3.75% | −0.41% | #63 |
Detected Pattern
Analysis
Serbia matched the Stagflation Risk pattern in 2011. Historically, 38% of countries showing this pattern (117 out of 307) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Serbia's budget deficit was -2.73% in 2025. Ranked 90th globally. This represents a 56.0% decrease from the previous year.
Serbia's budget deficit peaked at 1.32% in 2017.
The lowest budget deficit in Serbia was -6.91% in 2020.
Serbia ranks 90th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Serbia's budget deficit is projected to reach -2.73% by 2025 based on IMF projection.
The budget deficit of Serbia in 2025 was -2.73%. This ranks 90th in the world.
Cite this page
@misc{historysaid_serbia_budget-deficit,
title = {Serbia Budget Deficit},
url = {https://historysaid.com/serbia/budget-deficit},
publisher = {HistorySaid},
year = {2026}
}