Government expenditure on tertiary education, constant PPP$ in Serbia

Serbia: Government expenditure on tertiary education, constant PPP$ was 1,467 millions in 2023. ▬ Flat

Latest (2023)
1,467 millions
Change on year
down 4.0%
World rank
65th
of 146 countries
All-time high
1,728 millions
in 2011
All-time low
1,467 millions
in 2023
Years of data
9
2007–2023

Government expenditure on tertiary education, constant PPP$ in Serbia, 2007–2023

05001.0k1.5k2007201520232007: 1.5k millions2011: 1.7k millions2016: 1.5k millions2017: 1.6k millions2018: 1.5k millions2019: 1.7k millions2021: 1.5k millions2022: 1.5k millions2023: 1.5k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on tertiary education, constant ppp$ in Serbia is 1,467 millions, measured in 2023. That is the lowest value across all 9 years on record.

Compared with earlier readings it is down 4.0% on the previous year and down 15.1% over ten years.

Over the whole period, government expenditure on tertiary education, constant ppp$ in Serbia peaked at 1,728 millions in 2011 and was at its lowest, 1,467 millions, in 2023.

That places Serbia 65th out of 146 countries with data for 2023, putting it in the middle of the range.

Government expenditure on tertiary education, constant PPP$ in Serbia, year by year

Annual values for Government expenditure on tertiary education, constant PPP$ (millions) in Serbia, 2007 to 2023.
Year millions Change
2007 1,469 millions
2011 1,728 millions +17.7%
2016 1,508 millions -12.8%
2017 1,627 millions +7.9%
2018 1,513 millions -7.0%
2019 1,661 millions +9.8%
2021 1,545 millions -7.0%
2022 1,528 millions -1.1%
2023 1,467 millions -4.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1,469 millions 1,469 millions 1,469 millions 1
2010s 1,607 millions 1,508 millions 1,728 millions 5
2020s 1,513 millions 1,467 millions 1,545 millions 3

Countries ranked near Serbia

  1. 62 Costa Rica 1,700 millions compare
  2. 63 Mauritania 1,687 millions compare
  3. 64 Cote d'Ivoire 1,616 millions compare
  4. 66 Sri Lanka 1,464 millions compare
  5. 67 Uruguay 1,446 millions compare
  6. 68 Croatia 1,411 millions compare

See the full ranking of 146 places →

More education data for Serbia

All data for Serbia →

Frequently asked questions

What is government expenditure on tertiary education, constant ppp$ in Serbia?
Government expenditure on tertiary education, constant ppp$ in Serbia was 1,467 millions in 2023, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant ppp$ recorded in Serbia?
The highest recorded value was 1,728 millions in 2011.
What is the lowest government expenditure on tertiary education, constant ppp$ recorded in Serbia?
The lowest recorded value was 1,467 millions in 2023.
How does Serbia rank for government expenditure on tertiary education, constant ppp$?
Serbia ranks 65th out of 146 countries with data for 2023.
Is government expenditure on tertiary education, constant ppp$ rising or falling in Serbia?
Over the last ten years it is down 15.1%. The long-run trend across the full record is flat.
Where does this Serbia data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on tertiary education, constant PPP$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on tertiary education, constant PPP$ in Serbia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 29 August 2026, from https://education.statizoid.com/stat/government-expenditure-on-tertiary-education-constant-ppp-millions-2/serbia/

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About this data

Indicator
Government expenditure on tertiary education, constant PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
146 places, 2,483 data points, 1984–2024
Last refreshed

February 2026 Data Release