Serbia is expected to record a budget deficit equivalent to 3.8 percent of GDP in 2015, according to European Commission’s Winter 2016 Economic Forecast. Government Budget in Serbia averaged -2.53 percent of GDP from 2002 until 2014, reaching an all time high of 0.80 percent of GDP in 2004 and a record low of -5.37 percent of GDP in 2012. Government Budget in Serbia is reported by the National Bank of Serbia. 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.
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