Initial household funding per tertiary student as a percentage of GDP in Serbia

Serbia: Initial household funding per tertiary student as a percentage of GDP was 9.0% in 2023. ▼ Falling

Latest (2023)
9.0%
Change on year
down 17.1%
World rank
21st
of 52 countries
All-time high
17.9%
in 2007
All-time low
9.0%
in 2023
Years of data
8
2007–2023

Initial household funding per tertiary student as a percentage of GDP in Serbia, 2007–2023

051015202007201520232007: 17.92016: 11.32017: 16.42018: 15.42019: 14.22021: 12.52022: 10.92023: 9

Source: UNESCO Institute for Statistics.

Analysis

In 2023, initial household funding per tertiary student as a percentage of gdp in Serbia stood at 9.0%. That is the lowest value across all 8 years on record.

That represents a change of down 17.1% on the previous year and down 20.2% over ten years.

Over the whole period, initial household funding per tertiary student as a percentage of gdp in Serbia peaked at 17.9% in 2007 and was at its lowest, 9.0%, in 2023.

Serbia ranks 21st of 52 countries on this measure, in the middle of the range.

Initial household funding per tertiary student as a percentage of GDP in Serbia, year by year

Annual values for Initial household funding per tertiary student as a percentage of GDP per capita in Serbia, 2007 to 2023.
Year Value Change
2007 17.9%
2016 11.3% -36.8%
2017 16.4% +45.4%
2018 15.4% -6.3%
2019 14.2% -7.8%
2021 12.5% -12.0%
2022 10.9% -12.8%
2023 9.0% -17.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 17.9% 17.9% 17.9% 1
2010s 14.3% 11.3% 16.4% 4
2020s 10.8% 9.0% 12.5% 3

Countries ranked near Serbia

  1. 18 Azerbaijan 11.1% compare
  2. 19 Honduras 10.0% compare
  3. 20 Guyana 9.6% compare
  4. 22 Cyprus 8.2% compare
  5. 23 Portugal 7.3% compare
  6. 24 Bahrain 7.2% compare

See the full ranking of 52 places →

More education data for Serbia

All data for Serbia →

Frequently asked questions

What is initial household funding per tertiary student as a percentage of gdp in Serbia?
Initial household funding per tertiary student as a percentage of gdp in Serbia was 9.0% in 2023, according to UNESCO Institute for Statistics.
What is the highest initial household funding per tertiary student as a percentage of gdp recorded in Serbia?
The highest recorded value was 17.9% in 2007.
What is the lowest initial household funding per tertiary student as a percentage of gdp recorded in Serbia?
The lowest recorded value was 9.0% in 2023.
How does Serbia rank for initial household funding per tertiary student as a percentage of gdp?
Serbia ranks 21st out of 52 countries with data for 2023.
Is initial household funding per tertiary student as a percentage of gdp rising or falling in Serbia?
Over the last ten years it is down 20.2%. 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 household funding per tertiary student as a percentage of GDP per capita. Statizoid updates them automatically from the source API.

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Initial household funding per tertiary student as a percentage of GDP in Serbia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 09 September 2026, from https://education.statizoid.com/stat/initial-household-funding-per-tertiary-student-as-a-percentage-of-gdp-per-capita-2/serbia/

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About this data

Indicator
Initial household funding per tertiary student as a percentage of GDP per capita
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
52 places, 586 data points, 1998–2024
Last refreshed

February 2026 Data Release