Serbia Government Debt To GDP

Serbia recorded a Government Debt to GDP of 61 percent of the countrys Gross Domestic Product in 2013. From 2000 until 2013, Serbia Government Debt To GDP averaged 62.0 Percent reaching an all time high of 169.3 Percent in December of 2000 and a record low of 29.2 Percent in December of 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Serbia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-20

Actual Previous Highest Lowest Forecast Dates Unit Frequency
61.00 60.00 169.30 29.20 59.73 | 2014/06 2000 - 2013 Percent Yearly

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Serbia Government Debt To GDP
LIST BY COUNTRY

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 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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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