Business enterprise R&D expenditure in high-tech sectors by NACE … 2 in Serbia
Serbia: Business enterprise R&D expenditure in high-tech sectors by NACE … 2 was 356.12 Million euro in 2024. ◆ Volatile
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Serbia, 2009–2024
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for business enterprise r&d expenditure in high-tech sectors by nace rev. in Serbia is 356.12 Million euro, measured in 2024. That is the highest value across all 16 years on record.
That represents a change of up 24.0% on the previous year and up 368.2% over ten years.
Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in Serbia peaked at 356.12 Million euro in 2024 and was at its lowest, 22.72 Million euro, in 2011.
Serbia ranks 44th of 54 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Business enterprise R&D expenditure in high-tech sectors by NACE … 2 in Serbia, year by year
| Year | Million euro | Change |
|---|---|---|
| 2009 | 38.02 Million euro | — |
| 2010 | 25.77 Million euro | -32.2% |
| 2011 | 22.72 Million euro | -11.8% |
| 2012 | 71.73 Million euro | +215.7% |
| 2013 | 33.04 Million euro | -53.9% |
| 2014 | 76.05 Million euro | +130.2% |
| 2015 | 91.97 Million euro | +20.9% |
| 2016 | 115.66 Million euro | +25.8% |
| 2017 | 125.53 Million euro | +8.5% |
| 2018 | 154.13 Million euro | +22.8% |
| 2019 | 161.25 Million euro | +4.6% |
| 2020 | 165.34 Million euro | +2.5% |
| 2021 | 239.41 Million euro | +44.8% |
| 2022 | 255.3 Million euro | +6.6% |
| 2023 | 287.18 Million euro | +12.5% |
| 2024 | 356.12 Million euro | +24.0% |
Serbia compared with similar countries
- Serbia's 356.12 Million euro is below the median for Europe & Central Asia, which is 3,162 Million euro, 11% of the median. (35 countries reporting)
Biggest year-on-year movements
Years where Business enterprise R&D expenditure in high-tech sectors by NACE … 2 in Serbia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +215.7% | 22.72 Million euro | 71.73 Million euro |
| 2014 | +130.2% | 33.04 Million euro | 76.05 Million euro |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 38.02 Million euro | 38.02 Million euro | 38.02 Million euro | 1 |
| 2010s | 87.79 Million euro | 22.72 Million euro | 161.25 Million euro | 10 |
| 2020s | 260.67 Million euro | 165.34 Million euro | 356.12 Million euro | 5 |
Countries ranked near Serbia
More economy & growth data for Serbia
- Real gdp growth, annual growth rate -48.61 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.7 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 2.19 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5822 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.6 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is business enterprise r&d expenditure in high-tech sectors by nace rev. in Serbia?
- Business enterprise r&d expenditure in high-tech sectors by nace rev. in Serbia was 356.12 Million euro in 2024, according to Eurostat.
- What is the highest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Serbia?
- The highest recorded value was 356.12 Million euro in 2024.
- What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Serbia?
- The lowest recorded value was 22.72 Million euro in 2011.
- How does Serbia rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
- Serbia ranks 44th out of 54 countries with data for 2024.
- Is business enterprise r&d expenditure in high-tech sectors by nace rev. rising or falling in Serbia?
- Over the last ten years it is up 368.2%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from Eurostat, published as part of Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 2. Statizoid updates them automatically from the source API.
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