Government budget balance reached 39.4 in 2018 in Serbia, according to the National Statistical Office. This is 11.1 % less than in the previous year.
Historically, government budget balance in Serbia reached an all time high of 44.3 in 2017 and an all time low of -217 in 2014. When compared to Serbia's main peers, government budget balance in Bosnia and Herzegovina amounted to 0.615, -0.140 in Croatia, -1,159 in Hungary and -37.0 in Romania in 2018.
Serbia has been ranked 6th within the group of 84 countries we follow in terms of government budget balance, 100 places above the position seen 10 years ago.
A government budget deficit is the amount by which government revenues fall short of government spending (the opposite being a budget surplus).