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Serbia Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

43.90% −0.58% (-1.3%)
Year 2025 Rank #116 Global Peak 200.64% (2000) Source IMF WEO

Serbia Government Debt to GDP (2000–2025)

Overview

Serbia's government debt to gdp stood at 43.90% in 2025, a decline of +0.58% from 2024. The IMF projects 43.90% by 2025. Serbia ranked 116th globally.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 43.20% - -
2029* IMF 43.88% - -
2028* IMF 44.20% - -
2027* IMF 44.77% - -
2026* IMF 44.18% - -
2025* IMF 43.90% - -
2025 43.90% −0.58% #116
2024 44.48% −1.19% #67
2023 45.67% −5.24% #68
2022 50.91% −2.73% #88
2021 53.64% −0.69% #88
2020 54.33% +4.87% #87
2019 49.45% −1.68% #97
2018 51.14% −4.12% #101
2017 55.26% −9.72% #113
2016 64.98% −2.10% #136
2015 67.08% +3.60% #142
2014 63.47% +9.37% #142
2013 54.10% +2.38% #132
2012 51.73% +9.72% #132
2011 42.01% +3.81% #113
Show all years (2000-2025)
* IMF World Economic Outlook projection

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 11.1% GDP growth 0.1% Unemployment 23.0%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Serbia matched the Stagflation Risk pattern in 2011. Historically, 38% of countries showing this pattern (117 out of 307) saw government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Serbia's government debt to gdp?

Serbia's government debt to gdp was 43.90% in 2025. Ranked 116th globally. This represents a 1.3% decrease from the previous year.

What was the highest government debt to gdp in Serbia?

Serbia's government debt to gdp peaked at 200.64% in 2000.

What was the lowest government debt to gdp in Serbia?

The lowest government debt to gdp in Serbia was 29.41% in 2008.

How does Serbia rank in government debt to gdp?

Serbia ranks 116th globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

What is the projected government debt to gdp of Serbia in 2025?

Serbia's government debt to gdp is projected to reach 43.90% by 2025 based on IMF projection.

What is the government debt to gdp of Serbia in 2025?

The government debt to gdp of Serbia in 2025 was 43.90%. This ranks 116th in the world.

Cite this page

APA
Serbia Government Debt to GDP. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/serbia/government-debt-to-gdp
BibTeX
@misc{historysaid_serbia_government-debt-to-gdp, title = {Serbia Government Debt to GDP}, url = {https://historysaid.com/serbia/government-debt-to-gdp}, publisher = {HistorySaid}, year = {2026} }