Education Spending: Serbia
Serbia's education spending is currently 3.404 % of GDP as of 2023. # Serbia Education Spending Serbia allocated 3.
Current (2023)
3.404 % of GDP
+10.4% y/y
Peak (2009)
4.313 % of GDP
Low (2022)
3.083 % of GDP
Source
World Bank World Development Indicators
2007–2023 · 10 pts
Education Spending — Serbia
2007 — 2023
Education Spending — Serbia
Analysis# Serbia Education Spending
Serbia allocated 3.404% of GDP to education in 2023, rebounding modestly from 2022's 15-year low of 3.083%. The country's spending remains substantially below its 2009 peak of 4.313%, reflecting a long-term decline of 15.9% since 2007. This downward shift reveals a consistent pattern of reduced educational investment relative to economic output over the past decade and a half.
The steepest contraction occurred between 2019 and 2022, when spending dropped from 3.459% to 3.083%—a decline of nearly 11% in just three years. The 2023 uptick to 3.404% signals potential stabilization, though spending remains well below historical levels. Whether Serbia sustains this recovery or continues fluctuating near the 3.1–3.5% range will depend on fiscal priorities and economic conditions ahead.
Historical Data
10 Rows| Year | Value | Change % |
|---|---|---|
| 2023 | 3.404 % of GDP | +10.41% |
| 2022 | 3.083 % of GDP | -2.00% |
| 2021 | 3.146 % of GDP | -9.05% |
| 2019 | 3.459 % of GDP | +0.64% |
| 2018 | 3.437 % of GDP | -3.59% |
| 2017 | 3.565 % of GDP | +1.77% |
| 2016 | 3.503 % of GDP | -14.02% |
| 2011 | 4.074 % of GDP | -5.54% |
| 2009 | 4.313 % of GDP | +6.52% |
| 2007 | 4.049 % of GDP | — |
Related Data
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For Serbia
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