Serbia: Social contributions (% of revenue)

Key figures

What the numbers say

In 2022, Serbia's social contributions (% of revenue) fell 2.79 percentage points on 2021 (from 32.42% to 29.63%).

Across the 14 yearly changes before that (2008 to 2021), the average change was −0.13 percentage points and a typical year strayed about 1.48 percentage points from that (the standard deviation). This year's change was 1.8 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 2.16 percentage points in 2020 and the biggest yearly fall was 3.91 percentage points in 2013. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2013 to 2022 there is no clear straight-line trend: a straight line explains 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

See how every economy compares in the full ranking.

Closest to Serbia in the 2022 ranking

• Ecuador — 2nd of 3: 16.05%
• India — 3rd of 3: 0.1%

What this measures

Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.

Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).

Regional and income-group figures are computed by the World Bank as a median.

All 16 values

Social contributions (% of revenue) in nearby economies

• Albania — 21.64% (2024)
• Armenia — 0.73% (2015)
• Austria — 34.2% (2024)
• Azerbaijan — 16.07% (2024)
• Belarus — 35.54% (2024)
• Belgium — 35.6% (2024)
• Bosnia and Herzegovina — 39.82% (2024)
• Bulgaria — 25.75% (2024)
• Croatia — 27.86% (2023)
• Cyprus — 31.75% (2024)
• Czechia

More public sector data for Serbia

• Armed forces personnel, total — 32,000 (2020)
• Armed forces personnel (% of total labor force) — 1.01% (2020)
• Military expenditure (current LCU) — 288.94 billion (2025)
• Military expenditure (% of GDP) — 2.76% (2025)
• Military expenditure (current USD) — 2.78 billion (2025)
• Military expenditure (% of general government expenditure) — 6.44% (2025)
• Intentional homicides, female (per 100,000 female) — 0.65 (2023)
• Intentional homicides, male (per 100,000 male) — 2.05 (2023)
• Intentional homicides (per 100,000 people) — 1.31 (2023)
• Arms imports (SIPRI trend indicator values)

Reading data like this

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Questions people ask

What is Serbia's social contributions (% of revenue)?

29.63% in 2022, according to the World Bank (World Development Indicators).

How has it changed since 2007?

It is down 4.61 percentage points from 34.23% in 2007. The highest value was 35.54% in 2012 and the lowest 29.12% in 2016.

Is the latest change in social contributions (% of revenue) unusual for Serbia?

In 2022, Serbia's social contributions (% of revenue) fell 2.79 percentage points on 2021 (from 32.42% to 29.63%). Across the 14 yearly changes before that (2008 to 2021), the average change was −0.13 percentage points and a typical year strayed about 1.48 percentage points from that (the standard deviation). This year's change was 1.8 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).

Source

World Bank, World Development Indicators, indicator GC.REV.SOCL.ZS, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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