Capital expenditure as a percentage of total expenditure in public in Serbia
Serbia: Capital expenditure as a percentage of total expenditure in public was 2.5% in 2023. ▼ Falling
Capital expenditure as a percentage of total expenditure in public in Serbia, 2007–2023
Source: UNESCO Institute for Statistics. Measured in %.
Analysis
Serbia recorded 2.5% for capital expenditure as a percentage of total expenditure in public in 2023. That is the lowest value across all 10 years on record.
That represents a change of down 8.8% on the previous year and down 2.5% over ten years.
Over the whole period, capital expenditure as a percentage of total expenditure in public in Serbia peaked at 5.1% in 2017 and was at its lowest, 2.5%, in 2023.
That places Serbia 104th out of 124 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 10 years of available data.
Capital expenditure as a percentage of total expenditure in public in Serbia, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 4.7% | — |
| 2009 | 2.7% | -42.7% |
| 2011 | 2.6% | -5.2% |
| 2016 | 3.2% | +23.8% |
| 2017 | 5.1% | +60.7% |
| 2018 | 3.2% | -37.4% |
| 2019 | 3.2% | +1.1% |
| 2021 | 2.6% | -18.2% |
| 2022 | 2.7% | +3.8% |
| 2023 | 2.5% | -8.8% |
Serbia compared with similar countries
- Serbia's 2.5% is below the median for upper middle income countries, which is 5.3%, 48% of the median. (34 countries reporting)
- Serbia's 2.5% is below the median for Europe & Central Asia, which is 7.6%, 33% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.7% | 2.7% | 4.7% | 2 |
| 2010s | 3.5% | 2.6% | 5.1% | 5 |
| 2020s | 2.6% | 2.5% | 2.7% | 3 |
Countries ranked near Serbia
- 101 Malawi 3.1% compare
- 102 Costa Rica 2.9% compare
- 103 South Africa 2.9% compare
- 105 Togo 2.4% compare
- 106 Palestine, State of 2.2% compare
- 107 Mexico 2.2% compare
More education data for Serbia
- Teachers in secondary education, both sexes (number), gaps filled 67,944 (2024)
- Repeaters in primary education, all grades, both sexes (number), gaps 530 (2022)
- Enrolment in pre-primary education, male (number), gaps filled 89,461 (2024)
- Enrolment in pre-primary education, female (number), gaps filled 84,207 (2024)
- Secondary education, pupils, gaps filled 478,731 (2024)
- Primary education, duration (years), annual growth rate 0 % change on previous year (2025)
- Primary education, pupils, gaps filled 251,941 (2024)
- Primary education, pupils, annual growth rate -0.2155 % change on previous year (2022)
- Primary education, pupils, per unit of GDP 0 units per US$ of GDP (2024)
- Primary education, pupils, per capita 0.0383 units per person (2024)
Frequently asked questions
- What is capital expenditure as a percentage of total expenditure in public in Serbia?
- Capital expenditure as a percentage of total expenditure in public in Serbia was 2.5% in 2023, according to UNESCO Institute for Statistics.
- What is the highest capital expenditure as a percentage of total expenditure in public recorded in Serbia?
- The highest recorded value was 5.1% in 2017.
- What is the lowest capital expenditure as a percentage of total expenditure in public recorded in Serbia?
- The lowest recorded value was 2.5% in 2023.
- How does Serbia rank for capital expenditure as a percentage of total expenditure in public?
- Serbia ranks 104th out of 124 countries with data for 2023.
- Is capital expenditure as a percentage of total expenditure in public rising or falling in Serbia?
- Over the last ten years it is down 2.5%. The long-run trend across the full record is falling.
- Where does this Serbia data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Capital expenditure as a percentage of total expenditure in public institutions (%). Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release