Government expenditure on tertiary education, PPP$ in Serbia

Serbia: Government expenditure on tertiary education, PPP$ was 1,467 millions in 2023. ▲ Rising

Latest (2023)
1,467 millions
Change on year
up 0.6%
World rank
66th
of 148 countries
All-time high
1,467 millions
in 2023
All-time low
902.78 millions
in 2007
Years of data
9
2007–2023

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

05001.0k1.5k2007201520232007: 902.8 millions2011: 1.2k millions2016: 1.2k millions2017: 1.3k millions2018: 1.2k millions2019: 1.4k millions2021: 1.4k millions2022: 1.5k millions2023: 1.5k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2023, government expenditure on tertiary education, ppp$ in Serbia stood at 1,467 millions. That is the highest value across all 9 years on record.

Compared with earlier readings it is up 0.6% on the previous year and up 19.2% over ten years.

Over the whole period, government expenditure on tertiary education, ppp$ in Serbia peaked at 1,467 millions in 2023 and was at its lowest, 902.78 millions, in 2007.

Serbia ranks 66th of 148 countries on this measure, in the middle of the range.

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

Annual values for Government expenditure on tertiary education, PPP$ (millions) in Serbia, 2007 to 2023.
Year millions Change
2007 902.78 millions
2011 1,230 millions +36.3%
2016 1,176 millions -4.4%
2017 1,295 millions +10.1%
2018 1,223 millions -5.5%
2019 1,422 millions +16.2%
2021 1,383 millions -2.7%
2022 1,458 millions +5.4%
2023 1,467 millions +0.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 902.78 millions 902.78 millions 902.78 millions 1
2010s 1,269 millions 1,176 millions 1,422 millions 5
2020s 1,436 millions 1,383 millions 1,467 millions 3

Countries ranked near Serbia

  1. 63 Bulgaria 1,690 millions compare
  2. 64 Cote d'Ivoire 1,655 millions compare
  3. 65 Philippines 1,477 millions
  4. 67 Uruguay 1,446 millions compare
  5. 68 Senegal 1,305 millions compare
  6. 69 Croatia 1,273 millions compare

See the full ranking of 148 places →

More education data for Serbia

All data for Serbia →

Frequently asked questions

What is government expenditure on tertiary education, ppp$ in Serbia?
Government expenditure on tertiary education, ppp$ in Serbia was 1,467 millions in 2023, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, ppp$ recorded in Serbia?
The highest recorded value was 1,467 millions in 2023.
What is the lowest government expenditure on tertiary education, ppp$ recorded in Serbia?
The lowest recorded value was 902.78 millions in 2007.
How does Serbia rank for government expenditure on tertiary education, ppp$?
Serbia ranks 66th out of 148 countries with data for 2023.
Is government expenditure on tertiary education, ppp$ rising or falling in Serbia?
Over the last ten years it is up 19.2%. The long-run trend across the full record is rising.
Where does this Serbia data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on tertiary education, PPP$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on tertiary education, PPP$ in Serbia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 28 August 2026, from https://education.statizoid.com/stat/government-expenditure-on-tertiary-education-ppp-millions-2/serbia/

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About this data

Indicator
Government expenditure on tertiary education, PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
148 places, 2,498 data points, 1984–2024
Last refreshed

February 2026 Data Release