Serbia recorded a Government Budget deficit equal to 2.20 percent of the country's Gross Domestic Product in 2024. This dataset provides - Serbia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the budget balance in relation to the gross domestic product (GDP) in Serbia was approximately -1.73 percent. Between 2000 and 2024, the figure dropped by around 1.58 percentage points, though the decline followed an uneven course rather than a steady trajectory. The budget balance is forecast to decline by about 0.64 percentage points from 2024 to 2030, fluctuating as it trends downward.The indicator describes the general government net lending / borrowing, which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expenses and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.

Government Spending in Serbia decreased to 289127.20 RSD Million in the first quarter of 2025 from 342962.40 RSD Million in the fourth quarter of 2024. This dataset provides - Serbia Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government spending in Serbia was last recorded at 42.9 percent of GDP in 2024 . This dataset provides - Serbia Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Serbia RS: Primary Government Expenditures as % of Original Approved Budget data was reported at 93.806 % in 2016. This records a decrease from the previous number of 97.005 % for 2015. Serbia RS: Primary Government Expenditures as % of Original Approved Budget data is updated yearly, averaging 102.308 % from Dec 2007 (Median) to 2016, with 10 observations. The data reached an all-time high of 112.120 % in 2012 and a record low of 93.143 % in 2013. Serbia RS: Primary Government Expenditures as % of Original Approved Budget data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Serbia – Table RS.World Bank.WDI: Government Revenue, Expenditure and Finance. Primary government expenditures as a proportion of original approved budget measures the extent to which aggregate budget expenditure outturn reflects the amount originally approved, as defined in government budget documentation and fiscal reports. The coverage is budgetary central government (BCG) and the time period covered is the last three completed fiscal years.; ; Public Expenditure and Financial Accountability (PEFA). Ministry of Finance (MoF).; ;

Serbia DG ECFIN Forecast: General Government Budget: Revenue: Current: Other incl Sales data was reported at 546.892 RSD bn in 2026. This records an increase from the previous number of 504.450 RSD bn for 2025. Serbia DG ECFIN Forecast: General Government Budget: Revenue: Current: Other incl Sales data is updated yearly, averaging 333.875 RSD bn from Dec 2017 (Median) to 2026, with 10 observations. The data reached an all-time high of 546.892 RSD bn in 2026 and a record low of 259.638 RSD bn in 2020. Serbia DG ECFIN Forecast: General Government Budget: Revenue: Current: Other incl Sales data remains active status in CEIC and is reported by European Commission's Directorate-General for Economic and Financial Affairs. The data is categorized under Global Database’s Serbia – Table RS.DG ECFIN.AMECO: General Government Budget: Forecast.

RS: DG ECFIN Forecast: General Government Budget: Expenditure: Gross Fixed Capital Formation data was reported at 807.933 RSD bn in 2026. This records an increase from the previous number of 743.448 RSD bn for 2025. RS: DG ECFIN Forecast: General Government Budget: Expenditure: Gross Fixed Capital Formation data is updated yearly, averaging 684.788 RSD bn from Dec 2022 (Median) to 2026, with 5 observations. The data reached an all-time high of 807.933 RSD bn in 2026 and a record low of 526.117 RSD bn in 2022. RS: DG ECFIN Forecast: General Government Budget: Expenditure: Gross Fixed Capital Formation data remains active status in CEIC and is reported by European Commission's Directorate-General for Economic and Financial Affairs. The data is categorized under Global Database’s Serbia – Table RS.DG ECFIN.AMECO: General Government Budget: Forecast.

Serbia DG ECFIN Forecast: General Government Budget: Revenue: Current: Taxes on Income and Wealth data was reported at 889.088 RSD bn in 2026. This records an increase from the previous number of 825.048 RSD bn for 2025. Serbia DG ECFIN Forecast: General Government Budget: Revenue: Current: Taxes on Income and Wealth data is updated yearly, averaging 503.276 RSD bn from Dec 2017 (Median) to 2026, with 10 observations. The data reached an all-time high of 889.088 RSD bn in 2026 and a record low of 312.500 RSD bn in 2017. Serbia DG ECFIN Forecast: General Government Budget: Revenue: Current: Taxes on Income and Wealth data remains active status in CEIC and is reported by European Commission's Directorate-General for Economic and Financial Affairs. The data is categorized under Global Database’s Serbia – Table RS.DG ECFIN.AMECO: General Government Budget: Forecast.

Serbia DG ECFIN Forecast: General Government Budget: % of Nominal GDP: Expenditure data was reported at 43.764 % in 2026. This records a decrease from the previous number of 44.016 % for 2025. Serbia DG ECFIN Forecast: General Government Budget: % of Nominal GDP: Expenditure data is updated yearly, averaging 42.516 % from Dec 2015 (Median) to 2026, with 12 observations. The data reached an all-time high of 46.394 % in 2020 and a record low of 38.427 % in 2017. Serbia DG ECFIN Forecast: General Government Budget: % of Nominal GDP: Expenditure data remains active status in CEIC and is reported by European Commission's Directorate-General for Economic and Financial Affairs. The data is categorized under Global Database’s Serbia – Table RS.DG ECFIN.AMECO: General Government Budget: % of Nominal GDP: Forecast.

Serbia DG ECFIN Forecast: General Government Budget: % of Nominal GDP: Expenditure: Current: excl Interest data was reported at 26.107 % in 2026. This records an increase from the previous number of 26.048 % for 2025. Serbia DG ECFIN Forecast: General Government Budget: % of Nominal GDP: Expenditure: Current: excl Interest data is updated yearly, averaging 25.528 % from Dec 2017 (Median) to 2026, with 10 observations. The data reached an all-time high of 28.395 % in 2020 and a record low of 23.672 % in 2023. Serbia DG ECFIN Forecast: General Government Budget: % of Nominal GDP: Expenditure: Current: excl Interest data remains active status in CEIC and is reported by European Commission's Directorate-General for Economic and Financial Affairs. The data is categorized under Global Database’s Serbia – Table RS.DG ECFIN.AMECO: General Government Budget: % of Nominal GDP: Forecast.

Serbia DG ECFIN Forecast: General Government Budget: Expenditure: Current: excl Interest: Social Benefits other than Social Transfers data was reported at 1,487.218 RSD bn in 2026. This records an increase from the previous number of 1,368.516 RSD bn for 2025. Serbia DG ECFIN Forecast: General Government Budget: Expenditure: Current: excl Interest: Social Benefits other than Social Transfers data is updated yearly, averaging 888.138 RSD bn from Dec 2017 (Median) to 2026, with 10 observations. The data reached an all-time high of 1,487.218 RSD bn in 2026 and a record low of 720.058 RSD bn in 2017. Serbia DG ECFIN Forecast: General Government Budget: Expenditure: Current: excl Interest: Social Benefits other than Social Transfers data remains active status in CEIC and is reported by European Commission's Directorate-General for Economic and Financial Affairs. The data is categorized under Global Database’s Serbia – Table RS.DG ECFIN.AMECO: General Government Budget: Forecast.

European post-production studios collaborate with other studios, both in Europe and further afield, to create films, TV shows and other forms of media. The industry has been supported by favourable government tax reliefs for domestic production, using these to encourage US studios to work with European post-production companies for their big-budget films and shows. This collaborative approach allows studios specialising in specific areas, such as special effects, animation, or subtitling, to focus on their strengths. Film and TV studios in Europe have been hit hard by recent strike action in the US. The Writers Guild of America (WGA) and Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) both went on strike midway through 2023 over disagreements with studios. The strikes froze all productions involving US studios, meaning work opportunities for European post-production companies dried up. However, both disputes have finally been resolved – SAG-AFTRA’s on 27 September and WAG’s on 9 November, so demand should pick back up. The impact of the strike action combined with the disruption caused by the pandemic in 2020 and 2021 (work on most production ground to a halt during the lockdown periods) is expected to drive post-production revenue down at a compound annual rate of 4.4% over the five years through 2024 to €7.6 billion, including an anticipated decline of 3.1% in 2024. Demand for post-production services is closely tied to government policies and subsidies that attract foreign productions. The European Film Agency Directors association reveals that the government funding for the production and promotion of European audiovisual works totals around €3 billion annually. However, the industry has struggled to recover from the pandemic, with lingering lower cinema admissions and increased global inflation squeezing marketing budgets. Going forward, this could lead to a drop in production budgets, negatively affecting spending on special effects and animations. Despite these challenges, competition for big-budget productions is expected to remain high. Overall, revenue is forecast to grow at a compound annual rate of 2.3% over the five years through 2029 to reach €8.5 billion.

Serbia DG ECFIN Forecast: General Government Budget: % of Nominal GDP: Revenue data was reported at 40.755 % in 2026. This records a decrease from the previous number of 41.002 % for 2025. Serbia DG ECFIN Forecast: General Government Budget: % of Nominal GDP: Revenue data is updated yearly, averaging 39.641 % from Dec 2015 (Median) to 2026, with 12 observations. The data reached an all-time high of 41.261 % in 2022 and a record low of 37.492 % in 2015. Serbia DG ECFIN Forecast: General Government Budget: % of Nominal GDP: Revenue data remains active status in CEIC and is reported by European Commission's Directorate-General for Economic and Financial Affairs. The data is categorized under Global Database’s Serbia – Table RS.DG ECFIN.AMECO: General Government Budget: % of Nominal GDP: Forecast.

Serbia DG ECFIN Forecast: General Government Budget: Revenue: Current data was reported at 4,605.895 RSD bn in 2026. This records an increase from the previous number of 4,264.006 RSD bn for 2025. Serbia DG ECFIN Forecast: General Government Budget: Revenue: Current data is updated yearly, averaging 2,907.630 RSD bn from Dec 2017 (Median) to 2026, with 10 observations. The data reached an all-time high of 4,605.895 RSD bn in 2026 and a record low of 1,973.403 RSD bn in 2017. Serbia DG ECFIN Forecast: General Government Budget: Revenue: Current data remains active status in CEIC and is reported by European Commission's Directorate-General for Economic and Financial Affairs. The data is categorized under Global Database’s Serbia – Table RS.DG ECFIN.AMECO: General Government Budget: Forecast.

Serbia DG ECFIN Forecast: General Government Budget: Expenditure: Current data was reported at 3,128.995 RSD bn in 2026. This records an increase from the previous number of 2,874.285 RSD bn for 2025. Serbia DG ECFIN Forecast: General Government Budget: Expenditure: Current data is updated yearly, averaging 1,833.950 RSD bn from Dec 2017 (Median) to 2026, with 10 observations. The data reached an all-time high of 3,128.995 RSD bn in 2026 and a record low of 1,380.714 RSD bn in 2017. Serbia DG ECFIN Forecast: General Government Budget: Expenditure: Current data remains active status in CEIC and is reported by European Commission's Directorate-General for Economic and Financial Affairs. The data is categorized under Global Database’s Serbia – Table RS.DG ECFIN.AMECO: General Government Budget: Forecast.

The majority of demand for weapons and ammunition manufactured by European companies comes from the European defence sector and allied militaries like the US. Domestic and international defence budgets are the primary driver of revenue, typically increasing during geopolitical tension and conflict. Yet, the industry faces intense global competition from US manufacturers, which produce the lion's share of ammunition and weapons globally. Imports increased strongly over the past few years, totalling €2.6 billion in 2022, as the Russia-Ukraine conflict encouraged a flood of US weapon and ammunition imports to assist Ukraine with the war effort. Industry revenue is expected to rise at a compound annual rate of 1.5% over the five years through to 2025, reaching €25.6 billion in 2025, which is an increase of 0.6%. Industry revenue has risen in times with rising geopolitical tensions and conflict in Europe, dragging European defence spending to historical highs. Soaring inflation over 2023 lowered European manufacturers' competitive advantage relative to the US and weighed on revenue growth. European weapon spending is poised to significantly shape weapon manufacturers' revenue growth in 2025, largely due to the ongoing geopolitical climate, particularly the war in Ukraine, and a renewed commitment to defence across the continent. Rising R&D investments lead to cutting-edge weapons with few or no competitors, directly boosting profit margins. Over the five years through 2030, industry revenue is expected to soar at a compound annual rate of 4.9% to reach €32.5 billion. The Russia-Ukraine conflict has led to more government spending pledges, sustaining orders for defence contractors. Countries like Germany, Poland, and the UK have made substantial commitments, with Germany committing over €72 billion in 2025 and Poland aiming for 4% of GDP on defence, fuelling revenue growth. NATO's new aspirational target of 5% of GDP by 2035 (with 3.5% for core defence requirements) indicates a long-term upward trend.

Serbia DG ECFIN Forecast: General Government Budget: % of Nominal GDP: Revenue: Current: Other incl Sales data was reported at 4.839 % in 2026. This records a decrease from the previous number of 4.851 % for 2025. Serbia DG ECFIN Forecast: General Government Budget: % of Nominal GDP: Revenue: Current: Other incl Sales data is updated yearly, averaging 4.868 % from Dec 2017 (Median) to 2026, with 10 observations. The data reached an all-time high of 5.370 % in 2018 and a record low of 4.437 % in 2021. Serbia DG ECFIN Forecast: General Government Budget: % of Nominal GDP: Revenue: Current: Other incl Sales data remains active status in CEIC and is reported by European Commission's Directorate-General for Economic and Financial Affairs. The data is categorized under Global Database’s Serbia – Table RS.DG ECFIN.AMECO: General Government Budget: % of Nominal GDP: Forecast.

Serbia DG ECFIN Forecast: General Government Budget: Expenditure: Current: excl Interest: Social Transfers in Kind to Households data was reported at 0.000 RSD bn in 2026. This stayed constant from the previous number of 0.000 RSD bn for 2025. Serbia DG ECFIN Forecast: General Government Budget: Expenditure: Current: excl Interest: Social Transfers in Kind to Households data is updated yearly, averaging 0.000 RSD bn from Dec 2017 (Median) to 2026, with 10 observations. The data reached an all-time high of 0.000 RSD bn in 2026 and a record low of 0.000 RSD bn in 2026. Serbia DG ECFIN Forecast: General Government Budget: Expenditure: Current: excl Interest: Social Transfers in Kind to Households data remains active status in CEIC and is reported by European Commission's Directorate-General for Economic and Financial Affairs. The data is categorized under Global Database’s Serbia – Table RS.DG ECFIN.AMECO: General Government Budget: Forecast.

Serbia DG ECFIN Forecast: General Government Budget: Expenditure excl Interest data was reported at 4,767.458 RSD bn in 2026. This records an increase from the previous number of 4,412.015 RSD bn for 2025. Serbia DG ECFIN Forecast: General Government Budget: Expenditure excl Interest data is updated yearly, averaging 2,702.708 RSD bn from Dec 2015 (Median) to 2026, with 12 observations. The data reached an all-time high of 4,767.458 RSD bn in 2026 and a record low of 1,704.168 RSD bn in 2015. Serbia DG ECFIN Forecast: General Government Budget: Expenditure excl Interest data remains active status in CEIC and is reported by European Commission's Directorate-General for Economic and Financial Affairs. The data is categorized under Global Database’s Serbia – Table RS.DG ECFIN.AMECO: General Government Budget: Forecast.

Serbia DG ECFIN Forecast: General Government Budget: Expenditure: Other Capital Expenditure data was reported at 1,009.074 RSD bn in 2026. This records an increase from the previous number of 959.733 RSD bn for 2025. Serbia DG ECFIN Forecast: General Government Budget: Expenditure: Other Capital Expenditure data is updated yearly, averaging 786.824 RSD bn from Dec 2017 (Median) to 2026, with 10 observations. The data reached an all-time high of 1,009.074 RSD bn in 2026 and a record low of 406.524 RSD bn in 2017. Serbia DG ECFIN Forecast: General Government Budget: Expenditure: Other Capital Expenditure data remains active status in CEIC and is reported by European Commission's Directorate-General for Economic and Financial Affairs. The data is categorized under Global Database’s Serbia – Table RS.DG ECFIN.AMECO: General Government Budget: Forecast.