Serbia
Government debt in Serbia
Government debt in Serbia: 200.6% of GDP in 2000 and 42.2% of GDP in 2025, by IMF estimates.
- Latest, 2025
- 42.2% of GDP
- Since 2000
- −158.4 percentage points
- Rank, 2025
- 97 of 149
- counting from the highest
- Projected, 2031
- 40.9% of GDP
- IMF projection (World Economic Outlook, October 2026)
% of GDP · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 40.9% of GDP in 2031.
- The highest was 200.6% of GDP in 2000, the lowest 29.4% of GDP in 2008.
Every year
% of GDP · IMF
| Year | Serbia |
|---|---|
| 2025 | 42.2 |
| 2024 | 44.1 |
| 2023 | 45.7 |
| 2022 | 50.9 |
| 2021 | 53.6 |
| 2020 | 54.3 |
| 2019 | 49.5 |
| 2018 | 51.1 |
| 2017 | 55.3 |
| 2016 | 65 |
| 2015 | 67.1 |
| 2014 | 63.5 |
| 2013 | 61.2 |
| 2012 | 58 |
| 2011 | 46 |
| 2010 | 42.5 |
| 2009 | 35.3 |
| 2008 | 29.4 |
| 2007 | 30 |
| 2006 | 37 |
| 2005 | 50.1 |
| 2004 | 57.6 |
| 2003 | 64.5 |
| 2002 | 68.4 |
| 2001 | 95.9 |
| 2000 | 200.6 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Serbia |
|---|---|
| 2026 | 42.9 |
| 2027 | 42.9 |
| 2028 | 42.8 |
| 2029 | 42.2 |
| 2030 | 41.6 |
| 2031 | 40.9 |
Good to know
- What the government owes, as a share of the economy’s yearly output.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
- Ranks count the 149 countries with a value in 2025, highest first.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Serbia in numbers
Every measure for Serbia on one page
Health
People
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Education
Politics
Conflict
Military
- Military spending2.76% of GDP in 2025
- Military spending in US dollars$2.55B in 2025
- Military spending per person$414 in 2025
- Military share of state spending6.4% of government spending in 2025
- Armed forces personnel32,000 people in 2020
- National power0.09% of world capability in 2022
- Armed forces, share of workers1.01% of the labour force in 2020
- Arms imports146 million TIV in 2025
- Arms exports39 million TIV in 2025
Climate
Technology and environment
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