Credit to government and state-owned enterprises to GDP in Serbia

Serbia: Credit to government and state-owned enterprises to GDP was 17.2% in 2020. ◆ Volatile

Latest (2020)
17.2%
Change on year
up 11.4%
World rank
60th
of 178 countries
All-time high
17.4%
in 2016
All-time low
0.5%
in 2001
Years of data
24
1997–2020

Credit to government and state-owned enterprises to GDP in Serbia, 1997–2020

0510151997200820201997: 0.63 %1998: 1 %1999: 6.1 %2000: 11.7 %2001: 0.462 %2002: 0.814 %2003: 1.8 %2004: 2.5 %2005: 2.4 %2006: 1.8 %2007: 1.3 %2008: 1.5 %2009: 5.6 %2010: 8.6 %2011: 8.9 %2012: 11.2 %2013: 11.4 %2014: 15.9 %2015: 17.1 %2016: 17.4 %2017: 15.7 %2018: 15.3 %2019: 15.4 %2020: 17.2 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

The most recent figure for credit to government and state-owned enterprises to gdp in Serbia is 17.2%, measured in 2020.

The figure is up 11.4% on the previous year and up 98.9% over ten years.

Over the whole period, credit to government and state-owned enterprises to gdp in Serbia peaked at 17.4% in 2016 and was at its lowest, 0.5%, in 2001.

That places Serbia 60th out of 178 countries with data for 2020, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Credit to government and state-owned enterprises to GDP in Serbia, year by year

Annual values for Credit to government and state-owned enterprises to GDP (%) in Serbia, 1997 to 2020.
Year % Change
1997 0.6%
1998 1.0% +62.1%
1999 6.1% +494.4%
2000 11.7% +93.5%
2001 0.5% -96.1%
2002 0.8% +76.3%
2003 1.8% +125.7%
2004 2.5% +38.4%
2005 2.4% -4.2%
2006 1.8% -24.0%
2007 1.3% -28.8%
2008 1.5% +14.9%
2009 5.6% +267.7%
2010 8.6% +55.1%
2011 8.9% +3.3%
2012 11.2% +26.2%
2013 11.4% +1.1%
2014 15.9% +39.7%
2015 17.1% +7.9%
2016 17.4% +1.3%
2017 15.7% -9.4%
2018 15.3% -2.8%
2019 15.4% +0.8%
2020 17.2% +11.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.6% 0.6% 6.1% 3
2000s 3.0% 0.5% 11.7% 10
2010s 13.7% 8.6% 17.4% 10
2020s 17.2% 17.2% 17.2% 1

Countries ranked near Serbia

  1. 57 France 17.8% compare
  2. 58 Malta 17.3% compare
  3. 59 Canada 17.2% compare
  4. 61 South Africa 16.9% compare
  5. 62 Greece 16.6% compare
  6. 63 Kenya 16.5% compare

See the full ranking of 178 places →

More financial sector data for Serbia

All data for Serbia →

Frequently asked questions

What is credit to government and state-owned enterprises to gdp in Serbia?
Credit to government and state-owned enterprises to gdp in Serbia was 17.2% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest credit to government and state-owned enterprises to gdp recorded in Serbia?
The highest recorded value was 17.4% in 2016.
What is the lowest credit to government and state-owned enterprises to gdp recorded in Serbia?
The lowest recorded value was 0.5% in 2001.
How does Serbia rank for credit to government and state-owned enterprises to gdp?
Serbia ranks 60th out of 178 countries with data for 2020.
Is credit to government and state-owned enterprises to gdp rising or falling in Serbia?
Over the last ten years it is up 98.9%. The long-run trend across the full record is volatile.
Where does this Serbia data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Credit to government and state-owned enterprises to GDP (%). Statizoid updates them automatically from the source API.

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Credit to government and state-owned enterprises to GDP in Serbia. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 12 September 2026, from https://financial-sector.statizoid.com/stat/credit-to-government-and-state-owned-enterprises-to-gdp-percent/serbia/

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About this data

Indicator
Credit to government and state-owned enterprises to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
178 places, 6,137 data points, 1980–2020
Last refreshed

Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).