Initial government expenditure on education as a percentage of GDP in Serbia

Serbia: Initial government expenditure on education as a percentage of GDP was 3.4% in 2023. ▼ Falling

Latest (2023)
3.4%
Change on year
up 10.5%
World rank
118th
of 185 countries
All-time high
4.4%
in 2009
All-time low
3.1%
in 2022
Years of data
16
2007–2023

Initial government expenditure on education as a percentage of GDP in Serbia, 2007–2023

012342007201520232007: 4.1 %2008: 4.3 %2009: 4.4 %2010: 4.2 %2011: 4.1 %2012: 4 %2014: 3.8 %2015: 3.6 %2016: 3.5 %2017: 3.6 %2018: 3.5 %2019: 3.5 %2020: 3.4 %2021: 3.2 %2022: 3.1 %2023: 3.4 %

Source: UNESCO Institute for Statistics. Measured in %.

Analysis

In 2023, initial government expenditure on education as a percentage of gdp in Serbia stood at 3.4%.

Compared with earlier readings it is up 10.5% on the previous year and down 15.4% over ten years.

Over the whole period, initial government expenditure on education as a percentage of gdp in Serbia peaked at 4.4% in 2009 and was at its lowest, 3.1%, in 2022.

That places Serbia 118th out of 185 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently falling across the 16 years of available data.

Initial government expenditure on education as a percentage of GDP in Serbia, year by year

Annual values for Initial government expenditure on education as a percentage of GDP (%) in Serbia, 2007 to 2023.
Year % Change
2007 4.1%
2008 4.3% +5.8%
2009 4.4% +1.3%
2010 4.2% -4.0%
2011 4.1% -2.4%
2012 4.0% -2.0%
2014 3.8% -5.9%
2015 3.6% -3.6%
2016 3.5% -3.7%
2017 3.6% +1.8%
2018 3.5% -3.4%
2019 3.5% +0.6%
2020 3.4% -1.1%
2021 3.2% -7.8%
2022 3.1% -2.8%
2023 3.4% +10.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.3% 4.1% 4.4% 3
2010s 3.8% 3.5% 4.2% 9
2020s 3.3% 3.1% 3.4% 4

Countries ranked near Serbia

  1. 115 Macau, China 3.5% compare
  2. 116 Georgia 3.5% compare
  3. 117 Angola 3.4%
  4. 119 Fiji 3.4% compare
  5. 120 Greece 3.3% compare
  6. 121 Nepal 3.3% compare

See the full ranking of 185 places →

More education data for Serbia

All data for Serbia →

Frequently asked questions

What is initial government expenditure on education as a percentage of gdp in Serbia?
Initial government expenditure on education as a percentage of gdp in Serbia was 3.4% in 2023, according to UNESCO Institute for Statistics.
What is the highest initial government expenditure on education as a percentage of gdp recorded in Serbia?
The highest recorded value was 4.4% in 2009.
What is the lowest initial government expenditure on education as a percentage of gdp recorded in Serbia?
The lowest recorded value was 3.1% in 2022.
How does Serbia rank for initial government expenditure on education as a percentage of gdp?
Serbia ranks 118th out of 185 countries with data for 2023.
Is initial government expenditure on education as a percentage of gdp rising or falling in Serbia?
Over the last ten years it is down 15.4%. 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 Initial government expenditure on education as a percentage of GDP (%). Statizoid updates them automatically from the source API.

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Initial government expenditure on education as a percentage of GDP in Serbia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 10 September 2026, from https://education.statizoid.com/stat/initial-government-expenditure-on-education-as-a-percentage-of-gdp-percent/serbia/

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About this data

Indicator
Initial government expenditure on education as a percentage of GDP (%)
Unit
%
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
185 places, 4,380 data points, 1970–2025
Last refreshed

February 2026 Data Release