Serbia: Local Government Financing and Non-transparency of Fiscal Data

  • Sanja Kmezić
  • Katarina Đulić


This chapter studies the processes of territorial, political, and fiscal decentralisation in Serbia from 1990 until 2016. It focuses on the changes in policies and regulations on municipal expenditures and revenues. Three distinct phases are observed: (1) 1990–2000, with a highly centralised authoritarian governance; (2) 2000–2008, with a rapid decentralisation of government functions and revenues; (3) 2009–2016, with a policy reversal leading to re-centralisation. The outcome has been a reduction in the share of municipal revenues and expenditures in GDP from ~7.0 per cent at the peak of fiscal decentralisation in 2007 to ~5.9–6.0 per cent in 2015. One of the key features of the Serbian public finance system has been fiscal data non-transparency, which hampers policymaking and expert analysis.


Fiscal decentralisation Policy reversal Fiscal data Serbia 


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© The Author(s) 2018

Authors and Affiliations

  • Sanja Kmezić
    • 1
  • Katarina Đulić
    • 2
  1. 1.University of GrazGrazAustria
  2. 2.Faculty of Economics, Finance and Administration, FEFABelgradeSerbia

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