Chemicals in Serbia
Serbia: Chemicals was 5.5% in 2023. ▼ Falling
Chemicals in Serbia, 2002–2023
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
The most recent figure for chemicals in Serbia is 5.5%, measured in 2023. That is the lowest value across all 22 years on record.
Compared with earlier readings it is down 7.2% on the previous year and down 26.5% over ten years.
Over the whole period, chemicals in Serbia peaked at 11.2% in 2005 and was at its lowest, 5.5%, in 2023.
That places Serbia 106th out of 153 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Chemicals in Serbia, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 2002 | 11.2% | — |
| 2003 | 11.2% | +0.0% |
| 2004 | 11.2% | +0.0% |
| 2005 | 11.2% | +0.0% |
| 2006 | 9.2% | -18.0% |
| 2007 | 9.3% | +1.0% |
| 2008 | 7.5% | -19.2% |
| 2009 | 7.2% | -3.6% |
| 2010 | 5.7% | -21.0% |
| 2011 | 6.4% | +11.3% |
| 2012 | 6.8% | +7.5% |
| 2013 | 7.5% | +9.7% |
| 2014 | 7.5% | -0.3% |
| 2015 | 7.7% | +3.4% |
| 2016 | 8.0% | +3.9% |
| 2017 | 8.5% | +6.2% |
| 2018 | 8.2% | -4.2% |
| 2019 | 5.6% | -31.3% |
| 2020 | 6.1% | +8.1% |
| 2021 | 6.4% | +4.8% |
| 2022 | 5.9% | -6.5% |
| 2023 | 5.5% | -7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.8% | 7.2% | 11.2% | 8 |
| 2010s | 7.2% | 5.6% | 8.5% | 10 |
| 2020s | 6.0% | 5.5% | 6.4% | 4 |
Countries ranked near Serbia
- 103 Ireland 5.9% compare
- 104 Republic of Moldova 5.7% compare
- 105 Dominican Republic 5.6%
- 107 Côte d'Ivoire 5.5% compare
- 108 Bulgaria 5.4% compare
- 109 Mozambique 5.3%
More economy & growth data for Serbia
- 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)
- Total reserves minus gold (current US$), annual growth rate 1.26 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.2679 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 4,089 current US$ per person (2025)
- General government final consumption expenditure (current US$) 17.17 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1847 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 2,819 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 12.58 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 19.21 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is chemicals in Serbia?
- Chemicals in Serbia was 5.5% in 2023, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest chemicals recorded in Serbia?
- The highest recorded value was 11.2% in 2005.
- What is the lowest chemicals recorded in Serbia?
- The lowest recorded value was 5.5% in 2023.
- How does Serbia rank for chemicals?
- Serbia ranks 106th out of 153 countries with data for 2023.
- Is chemicals rising or falling in Serbia?
- Over the last ten years it is down 26.5%. The long-run trend across the full record is falling.
- Where does this Serbia data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Chemicals (% of value added in manufacturing). Statizoid updates them automatically from the source API.
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About this data
Manufacturing of chemicals and chemical products includes industries classified in ISIC (Rev. 3) division 24. 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 is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).