Serbia Interest Payments to Revenue
Interest payments as % of revenue GC.XPN.INTP.RV.ZS
Serbia's interest payments to revenue was 2.93% in 2025, ranked 74th globally. This represents a 19.4% decrease from 2024. Data from World Bank, covering 2007–2025.
Overview
Serbia's interest payments to revenue stood at 2.93% in 2025, a decline of +0.70pp from 2022. Based on recent trends, this figure is projected to reach 2.93% by 2025. Serbia ranked 74th globally.
Serbia's interest payments to revenue ratio has exhibited significant fluctuations over the past 17 years, with the all-time peak of 7.53% in 2015, a year when the country's debt-to-GDP ratio was also at its highest. Conversely, the trough year of 2008, when the global financial crisis hit, saw interest payments dwindle to 1.45%, the lowest since record-keeping began. As of 2025, the ratio stands at 2.93%, positioning Serbia at the 74th rank globally. Compared to its peer countries, Serbia's ratio is higher than Malta's 2.80% but lower than Botswana's 3.14%. The trend suggests a gradual decline in the ratio from its peak, but a sustained increase in interest rates or a significant shift in Serbia's debt composition could potentially alter this trajectory, potentially pushing the ratio upward.
Data & projection
| Year | Interest Payments to Revenue | YoY change | Rank |
|---|---|---|---|
| 2025* trend | 2.93% | - | - |
| 2025 | 2.93% | −0.70pp | #74 |
| 2022 | 3.63% | −1.08pp | #47 |
| 2021 | 4.71% | +0.16pp | #56 |
| 2020 | 4.55% | −0.25pp | #56 |
| 2019 | 4.80% | −0.45pp | #63 |
| 2018 | 5.25% | −0.90pp | #63 |
| 2017 | 6.15% | −1.07pp | #74 |
| 2016 | 7.21% | −0.32pp | #80 |
| 2015 | 7.53% | +0.42pp | #86 |
| 2014 | 7.11% | +1.15pp | #82 |
| 2013 | 5.96% | +0.84pp | #71 |
| 2012 | 5.12% | +1.58pp | #64 |
| 2011 | 3.53% | +0.64pp | #44 |
| 2010 | 2.89% | +0.90pp | #36 |
| 2009 | 1.99% | +0.54pp | #22 |
Detected Pattern
Analysis
Serbia matched the Stagflation Risk pattern in 2011. Historically, 38% of countries showing this pattern (117 out of 307) saw interest payments to revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Serbia's interest payments to revenue was 2.93% in 2025. Ranked 74th globally. This represents a 19.4% decrease from the previous year.
Serbia's interest payments to revenue peaked at 7.53% in 2015.
The lowest interest payments to revenue in Serbia was 1.45% in 2008.
Serbia ranks 74th globally in interest payments to revenue as of 2025.
The World Bank indicator code is GC.XPN.INTP.RV.ZS. Data sourced from World Bank.
Serbia's interest payments to revenue is projected to reach 2.93% by 2025 based on trend extrapolation.
The interest payments to revenue of Serbia in 2025 was 2.93%. This ranks 74th in the world.
Cite this page
@misc{historysaid_serbia_interest-to-revenue,
title = {Serbia Interest Payments to Revenue},
url = {https://historysaid.com/serbia/interest-to-revenue/},
publisher = {HistorySaid},
year = {2026}
}