Serbia - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Serbia was 911,959,000,000 as of 2019. As the graph below shows, over the past 12 years this indicator reached a maximum value of 911,959,000,000 in 2019 and a minimum value of 390,013,000,000 in 2007.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

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

Year Value
2007 390,013,000,000
2008 440,403,000,000
2009 461,614,000,000
2010 508,118,000,000
2011 544,542,000,000
2012 575,663,000,000
2013 610,377,000,000
2014 653,264,000,000
2015 699,862,000,000
2016 761,500,000,000
2017 805,620,000,000
2018 839,845,000,000
2019 911,959,000,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Serbia was 40.41 as of 2019. Its highest value over the past 12 years was 45.91 in 2012, while its lowest value was 39.44 in 2013.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

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

See also:

Year Value
2007 42.65
2008 41.96
2009 43.49
2010 45.10
2011 45.60
2012 45.91
2013 39.44
2014 40.08
2015 41.13
2016 41.99
2017 41.33
2018 40.72
2019 40.41

Taxes on goods and services (% value added of industry and services)

Taxes on goods and services (% value added of industry and services) in Serbia was 21.91 as of 2019. Its highest value over the past 12 years was 22.09 in 2016, while its lowest value was 19.18 in 2013.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

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

See also:

Year Value
2007 20.12
2008 19.88
2009 19.76
2010 20.31
2011 19.60
2012 19.38
2013 19.18
2014 20.41
2015 21.16
2016 22.09
2017 21.97
2018 21.64
2019 21.91

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance