Initial private expenditure on education (household) as a percentage in Serbia

Serbia: Initial private expenditure on education (household) as a percentage was 0.5% in 2023. ▼ Falling

Latest (2023)
0.5%
Change on year
down 15.9%
World rank
55th
of 87 countries
All-time high
0.9%
in 2014
All-time low
0.5%
in 2023
Years of data
16
2007–2023

Initial private expenditure on education (household) as a percentage in Serbia, 2007–2023

00.20.40.60.812007201520232007: 0.869 %2008: 0.827 %2009: 0.83 %2011: 0.834 %2012: 0.827 %2013: 0.895 %2014: 0.923 %2015: 0.89 %2016: 0.856 %2017: 0.914 %2018: 0.851 %2019: 0.783 %2020: 0.756 %2021: 0.671 %2022: 0.608 %2023: 0.511 %

Source: UNESCO Institute for Statistics. Measured in %.

Analysis

Serbia recorded 0.5% for initial private expenditure on education (household) as a percentage in 2023. That is the lowest value across all 16 years on record.

The figure is down 15.9% on the previous year and down 42.9% over ten years.

Over the whole period, initial private expenditure on education (household) as a percentage in Serbia peaked at 0.9% in 2014 and was at its lowest, 0.5%, in 2023.

Serbia ranks 55th of 87 countries on this measure, in the middle of the range.

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

Initial private expenditure on education (household) as a percentage in Serbia, year by year

Annual values for Initial private expenditure on education (household) as a percentage of GDP (%) in Serbia, 2007 to 2023.
Year % Change
2007 0.9%
2008 0.8% -4.8%
2009 0.8% +0.3%
2011 0.8% +0.6%
2012 0.8% -0.9%
2013 0.9% +8.2%
2014 0.9% +3.2%
2015 0.9% -3.6%
2016 0.9% -3.8%
2017 0.9% +6.8%
2018 0.9% -6.9%
2019 0.8% -8.0%
2020 0.8% -3.4%
2021 0.7% -11.3%
2022 0.6% -9.4%
2023 0.5% -15.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.8% 0.8% 0.9% 3
2010s 0.9% 0.8% 0.9% 9
2020s 0.6% 0.5% 0.8% 4

Countries ranked near Serbia

  1. 52 Latvia 0.6% compare
  2. 53 Burkina Faso 0.5% compare
  3. 54 Malawi 0.5%
  4. 56 Ukraine 0.5% compare
  5. 57 Croatia 0.5% compare
  6. 58 Ireland 0.5% compare

See the full ranking of 87 places →

More education data for Serbia

All data for Serbia →

Frequently asked questions

What is initial private expenditure on education (household) as a percentage in Serbia?
Initial private expenditure on education (household) as a percentage in Serbia was 0.5% in 2023, according to UNESCO Institute for Statistics.
What is the highest initial private expenditure on education (household) as a percentage recorded in Serbia?
The highest recorded value was 0.9% in 2014.
What is the lowest initial private expenditure on education (household) as a percentage recorded in Serbia?
The lowest recorded value was 0.5% in 2023.
How does Serbia rank for initial private expenditure on education (household) as a percentage?
Serbia ranks 55th out of 87 countries with data for 2023.
Is initial private expenditure on education (household) as a percentage rising or falling in Serbia?
Over the last ten years it is down 42.9%. 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 private expenditure on education (household) as a percentage of GDP (%). Statizoid updates them automatically from the source API.

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Initial private expenditure on education (household) as a percentage in Serbia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 12 September 2026, from https://education.statizoid.com/stat/initial-private-expenditure-on-education-household-as-a-percentage-of-gdp-percent/serbia/

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About this data

Indicator
Initial private expenditure on education (household) as a percentage of GDP (%)
Unit
%
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
87 places, 1,097 data points, 1998–2024
Last refreshed

February 2026 Data Release