Latvia vs Serbia: Manufacturing, value added
Manufacturing, value added over time
- Latvia
- Serbia
How they compare
Latvia currently reports 4.7% against 4.6% in Serbia, a difference of 0.1%.
The two have swapped places 14 times across 29 shared years of data; in 1996 it was Serbia ahead.
Latvia ranks 59th and Serbia ranks 60th of 192 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Serbia in 2.
Head to head by decade
| Decade | Latvia | Serbia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.3% | 3.3% | 2.0% | Latvia |
| 2000s | 1.8% | 3.9% | 2.1% | Serbia |
| 2010s | 4.0% | 2.3% | 1.7% | Latvia |
| 2020s | 0.2% | 1.8% | 1.6% | Serbia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Latvia or Serbia?
- Latvia, at 4.7% against 4.6% in Serbia as of 2025.
- What is the difference in manufacturing, value added between Latvia and Serbia?
- 0.1%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Serbia?
- 29 years are reported by both, from 1996 to 2024.
- How do Latvia and Serbia rank globally for manufacturing, value added?
- Latvia ranks 59th and Serbia ranks 60th of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (annual % growth). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.