Serbia Government Budget

Serbia recorded a Government Budget deficit equal to 4.70 percent of the countrys Gross Domestic Product in 2013. Government Budget in Serbia is reported by the National Bank of Serbia. From 2002 until 2013, Serbia Government Budget averaged -2.9 Percent of GDP reaching an all time high of 0.9 Percent of GDP in December of 2005 and a record low of -6.2 Percent of GDP in December of 2012. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Serbia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-4.70 -6.20 0.89 -6.20 -4.56 | 2014/06 2002 - 2013 Percent of GDP Yearly

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Serbia Government Budget
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Government Last Previous Highest Lowest Forecast Unit
Credit Rating 40.00 [+]
Government Debt To GDP 61.00 2013-12-31 60.00 169.30 29.20 59.73 2014-06-30 Percent [+]
Government Budget -4.70 2013-12-31 -6.20 0.89 -6.20 -4.56 2014-06-30 Percent of GDP [+]
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Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


RELATED NEWS

Serbia Interest Rate at 9.50 Percent  
The benchmark interest rate in Serbia was last recorded at 9.50 percent. Interest Rate in Serbia is reported by the National Bank of Serbia.
Serbia Employed Persons at 2394004.00  
The number of employed persons in Serbia increased to 2394004 in the third quarter of 2013 from 2227432 in the first quarter of 2013. Employed Persons in Serbia is reported by the Statistical Office of the Republic of Serbia.
Serbia Foreign Exchange Reserves at 10428.30 EUR Million  
Foreign Exchange Reserves in Serbia decreased to 10428.30 EUR Million in March of 2014 from 10831.80 EUR Million in February of 2014. Foreign Exchange Reserves in Serbia is reported by the National Bank of Serbia.
Serbia GDP Constant Prices at 781673.10 RSD Million  
GDP Constant Prices in Serbia increased to 781673.10 RSD Million in the fourth quarter of 2013 from 773779.40 RSD Million in the third quarter of 2013. GDP Constant Prices in Serbia is reported by the Statistical Office of the Republic of Serbia.
Serbia Unemployed Persons at 788.71 Thousand  
The number of unemployed persons in Serbia increased to 788.71 Thousand in January of 2014 from 769.55 Thousand in December of 2013. Unemployed Persons in Serbia is reported by the Statistical Office of the Republic of Serbia.
Serbia Wages at 44057.00 RSD  
Wages in Serbia increased to 44057 RSD in February of 2014 from 37966 RSD in January of 2014. Wages in Serbia is reported by the Statistical Office of the Republic of Serbia.
Serbia Current Account at -466.30 USD Million  
Serbia recorded a Current Account deficit of 466.30 USD Million in December of 2013. Current Account in Serbia is reported by the National Bank of Serbia.
Serbia Exports at 1193.70 USD Million  
Exports in Serbia increased to 1193.70 USD Million in February of 2014 from 998 USD Million in January of 2014. Exports in Serbia is reported by the Statistical Office of the Republic of Serbia.
Serbia Imports at 1649.40 USD Million  
Imports in Serbia increased to 1649.40 USD Million in February of 2014 from 1356 USD Million in January of 2014. Imports in Serbia is reported by the Statistical Office of the Republic of Serbia.
Serbia Consumer Price Index (CPI) at 179.10 Index Points  
Consumer Price Index (CPI) in Serbia decreased to 179.10 Index Points in March of 2014 from 179.70 Index Points in February of 2014. Consumer Price Index (CPI) in Serbia is reported by the Statistical Office of the Republic of Serbia.
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