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Serbia Tax Revenue

Tax revenue as % of GDP  GC.TAX.TOTL.GD.ZS

21.91% −1.98% (-8.3%)
Year 2025 Rank #31 Global Peak 23.89% (2022) Source World Bank

Serbia Tax Revenue (2007–2025)

Overview

Serbia's tax revenue stood at 21.91% in 2025, a decline of +1.98% from 2022. Based on recent trends, this figure is projected to reach 21.91% by 2025. Serbia ranked 31st globally.

Data & projection

Year Tax Revenue YoY change Rank
2025* trend 21.91% - -
2025 21.91% −1.98% #31
2022 23.89% +4.23% #99
2021 19.66% −2.77% #86
2020 22.43% −0.57% #117
2019 23.00% +0.36% #114
2018 22.64% −0.49% #110
2017 23.13% +0.68% #119
2016 22.44% +0.98% #115
2015 21.47% +0.41% #111
2014 21.05% +1.06% #106
2013 19.99% +2.17% #93
2012 17.81% −0.50% #82
2011 18.31% −1.12% #86
2010 19.43% +0.19% #89
2009 19.24% −1.12% #87
Show all years (2007-2025)
* Linear trend extrapolation

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 tax revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Serbia's tax revenue?

Serbia's tax revenue was 21.91% in 2025. Ranked 31st globally. This represents a 8.3% decrease from the previous year.

What was the highest tax revenue in Serbia?

Serbia's tax revenue peaked at 23.89% in 2022.

What was the lowest tax revenue in Serbia?

The lowest tax revenue in Serbia was 17.81% in 2012.

How does Serbia rank in tax revenue?

Serbia ranks 31st globally in tax revenue as of 2025.

What is the World Bank indicator code for tax revenue?

The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.

What is the projected tax revenue of Serbia in 2025?

Serbia's tax revenue is projected to reach 21.91% by 2025 based on trend extrapolation.

What is the tax revenue of Serbia in 2025?

The tax revenue of Serbia in 2025 was 21.91%. This ranks 31st in the world.

Cite this page

APA
Serbia Tax Revenue. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/serbia/tax-revenue
BibTeX
@misc{historysaid_serbia_tax-revenue, title = {Serbia Tax Revenue}, url = {https://historysaid.com/serbia/tax-revenue}, publisher = {HistorySaid}, year = {2026} }