Serbia - General government final consumption expenditure (constant LCU)

The value for General government final consumption expenditure (constant LCU) in Serbia was 793,560,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 793,560,000,000 in 2020 and a minimum value of 365,790,000,000 in 1995.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 365,790,000,000
1996 377,995,000,000
1997 432,811,000,000
1998 464,676,000,000
1999 456,543,000,000
2000 513,898,000,000
2001 560,264,000,000
2002 614,054,000,000
2003 637,645,000,000
2004 687,474,000,000
2005 664,178,000,000
2006 711,801,000,000
2007 718,059,000,000
2008 743,503,000,000
2009 730,531,000,000
2010 729,937,000,000
2011 741,481,000,000
2012 744,401,000,000
2013 728,790,000,000
2014 735,677,000,000
2015 708,160,000,000
2016 708,292,000,000
2017 729,155,000,000
2018 756,534,000,000
2019 771,414,000,000
2020 793,560,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts