Serbia Public Consumption: % of GDP

Key information about Serbia Public Consumption: % of GDP

• Serbia Public Consumption accounted for 17.3 % of its Nominal GDP in Sep 2024, compared with a share of 18.1 % in the previous quarter.
• Serbia Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1995 to Sep 2024, with an average number of 19.6 %.
• The data reached an all-time high of 25.1 % in Sep 1997 and a record low of 16.2 % in Mar 2023.

CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. The Statistical Office of the Republic of Serbia provides Government Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about Serbia Public Consumption: % of GDP

• In the latest reports, Serbia GDP expanded 4.5 % YoY in Sep 2019.
• Serbia Nominal GDP reached 16.1 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 14.3 % in Mar 2023.
• Serbia GDP Per Capita reached 12,280.0 USD in Dec 2023.
• Its Gross Savings Rate was measured at 16.2 % in Sep 2024.
• For Nominal GDP contributions, Investment accounted for 22.7 % in Mar 2023.
• Private Consumption accounted for 66.5 % in Mar 2023.

View Serbia's Public Consumption: % of GDP from Mar 1995 to Sep 2024 in the chart:

What was Serbia's Public Consumption: % of GDP in Sep 2024?

Serbia Public Consumption accounted for 17.3 % of its Nominal GDP in Sep 2024, compared with a share of 18.1 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
17.3 Sep 2024	18.1 Jun 2024	16.2 Mar 2023	25.1 Sep 1997	%	quarterly	Mar 1995 - Sep 2024

Public Consumption: % of GDP by Country Comparison

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