Serbian Budget Surplus RSD 13.3 Billion at End-January – Public Debt 53.7% of GDP

A surplus of RSD 13.3 billion was realized within the state budget of Serbia at the end of January 2021, the Ministry of Finance announced.

The public debt of Serbia was EUR 27.14 billion at the end of January 2021, or 53.7% of the GDP.

The share of the public debt in the GDP was reduced by 3.7% in January compared to December 2020, when it was 57.4%.

Serbian Finance Minister Sinisa Mali stated in late February that the public debt of Serbia was lower than it had been before the pandemic and that it would not grow considerably by the end of the year, which, according to him, “is an incredible success, considering that all the countries in the world have multiplied their public debt due to borrowings during the coronavirus pandemic”.

The Serbian debt is far below the EU limit of 60% of the GDP, as defined by the Maastricht Treaty.

Ministarstvo finansija Republike Srbije

Siniša Mali

budget of Serbia

budget surplus

surplus

tax revenues

excise tax revenues

non tax revenues

donations inflow

general state

fiscal surplus

primary fiscal surplus

fiscal deficit

general state debt

public debt of Serbia

public debt

Maastricht Treaty