Serbia - Tax revenue

Tax revenue (current LCU)

The value for Tax revenue (current LCU) in Serbia was 1,303,940,000,000 as of 2019. As the graph below shows, over the past 12 years this indicator reached a maximum value of 1,303,940,000,000 in 2019 and a minimum value of 537,558,000,000 in 2007.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2007 537,558,000,000
2008 615,073,000,000
2009 610,574,000,000
2010 657,569,000,000
2011 688,308,000,000
2012 706,861,000,000
2013 858,806,000,000
2014 914,078,000,000
2015 964,632,000,000
2016 1,054,610,000,000
2017 1,145,800,000,000
2018 1,197,120,000,000
2019 1,303,940,000,000

Tax revenue (% of GDP)

Tax revenue (% of GDP) in Serbia was 24.05 as of 2019. Its highest value over the past 12 years was 24.07 in 2017, while its lowest value was 18.55 in 2012.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2007 21.30
2008 21.15
2009 20.00
2010 20.23
2011 19.05
2012 18.55
2013 20.84
2014 21.97
2015 22.36
2016 23.29
2017 24.07
2018 23.60
2019 24.05

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance