Energy productivity in Serbia
Serbia: Energy productivity was 2.8 Euro per kilogram of oil equivalent (KGOE) in 2024. ▲ Rising
Latest (2024)
2.8 Euro per kilogram of oil equivalent (KGOE)
Change on year
up 4.0%
World rank
43rd
of 46 countries
All-time high
2.8 Euro per kilogram of oil equivalent (KGOE)
in 2024
All-time low
1.18 Euro per kilogram of oil equivalent (KGOE)
in 1996
Years of data
30
1995–2024
Energy productivity in Serbia, 1995–2024
Source: Eurostat. Measured in Euro per kilogram of oil equivalent (KGOE).
Analysis
Serbia recorded 2.8 Euro per kilogram of oil equivalent (KGOE) for energy productivity in 2024. That is the highest value across all 30 years on record.
The figure is up 4.0% on the previous year and up 16.2% over ten years.
Over the whole period, energy productivity in Serbia peaked at 2.8 Euro per kilogram of oil equivalent (KGOE) in 2024 and was at its lowest, 1.18 Euro per kilogram of oil equivalent (KGOE), in 1996.
Serbia ranks 43rd of 46 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Energy productivity in Serbia, year by year
| Year | Euro per kilogram of oil equivalent (KGOE) | Change |
|---|---|---|
| 1995 | 1.33 Euro per kilogram of oil equivalent (KGOE) | — |
| 1996 | 1.18 Euro per kilogram of oil equivalent (KGOE) | -11.6% |
| 1997 | 1.21 Euro per kilogram of oil equivalent (KGOE) | +2.9% |
| 1998 | 1.28 Euro per kilogram of oil equivalent (KGOE) | +5.8% |
| 1999 | 1.59 Euro per kilogram of oil equivalent (KGOE) | +23.6% |
| 2000 | 1.55 Euro per kilogram of oil equivalent (KGOE) | -2.1% |
| 2001 | 1.52 Euro per kilogram of oil equivalent (KGOE) | -2.1% |
| 2002 | 1.52 Euro per kilogram of oil equivalent (KGOE) | -0.2% |
| 2003 | 1.51 Euro per kilogram of oil equivalent (KGOE) | -0.5% |
| 2004 | 1.48 Euro per kilogram of oil equivalent (KGOE) | -2.1% |
| 2005 | 1.76 Euro per kilogram of oil equivalent (KGOE) | +19.4% |
| 2006 | 1.72 Euro per kilogram of oil equivalent (KGOE) | -2.3% |
| 2007 | 1.91 Euro per kilogram of oil equivalent (KGOE) | +10.8% |
| 2008 | 1.98 Euro per kilogram of oil equivalent (KGOE) | +3.5% |
| 2009 | 2.12 Euro per kilogram of oil equivalent (KGOE) | +7.3% |
| 2010 | 2.1 Euro per kilogram of oil equivalent (KGOE) | -0.8% |
| 2011 | 2.01 Euro per kilogram of oil equivalent (KGOE) | -4.3% |
| 2012 | 2.24 Euro per kilogram of oil equivalent (KGOE) | +11.2% |
| 2013 | 2.2 Euro per kilogram of oil equivalent (KGOE) | -1.8% |
| 2014 | 2.41 Euro per kilogram of oil equivalent (KGOE) | +9.8% |
| 2015 | 2.2 Euro per kilogram of oil equivalent (KGOE) | -8.7% |
| 2016 | 2.18 Euro per kilogram of oil equivalent (KGOE) | -1.2% |
| 2017 | 2.19 Euro per kilogram of oil equivalent (KGOE) | +0.4% |
| 2018 | 2.32 Euro per kilogram of oil equivalent (KGOE) | +6.1% |
| 2019 | 2.45 Euro per kilogram of oil equivalent (KGOE) | +5.5% |
| 2020 | 2.34 Euro per kilogram of oil equivalent (KGOE) | -4.3% |
| 2021 | 2.49 Euro per kilogram of oil equivalent (KGOE) | +6.1% |
| 2022 | 2.52 Euro per kilogram of oil equivalent (KGOE) | +1.5% |
| 2023 | 2.69 Euro per kilogram of oil equivalent (KGOE) | +6.7% |
| 2024 | 2.8 Euro per kilogram of oil equivalent (KGOE) | +4.0% |
Serbia compared with similar countries
- Serbia's 2.8 Euro per kilogram of oil equivalent (KGOE) is below the median for Europe & Central Asia, which is 7.21 Euro per kilogram of oil equivalent (KGOE), 39% of the median. (34 countries reporting)
- Serbia's 2.8 Euro per kilogram of oil equivalent (KGOE) is below the median for upper middle income countries, which is 3.75 Euro per kilogram of oil equivalent (KGOE), 75% of the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.32 Euro per kilogram of oil equivalent (KGOE) | 1.18 Euro per kilogram of oil equivalent (KGOE) | 1.59 Euro per kilogram of oil equivalent (KGOE) | 5 |
| 2000s | 1.71 Euro per kilogram of oil equivalent (KGOE) | 1.48 Euro per kilogram of oil equivalent (KGOE) | 2.12 Euro per kilogram of oil equivalent (KGOE) | 10 |
| 2010s | 2.23 Euro per kilogram of oil equivalent (KGOE) | 2.01 Euro per kilogram of oil equivalent (KGOE) | 2.45 Euro per kilogram of oil equivalent (KGOE) | 10 |
| 2020s | 2.57 Euro per kilogram of oil equivalent (KGOE) | 2.34 Euro per kilogram of oil equivalent (KGOE) | 2.8 Euro per kilogram of oil equivalent (KGOE) | 5 |
Countries ranked near Serbia
- 40 Montenegro 3.96 Euro per kilogram of oil equivalent (KGOE) compare
- 41 North Macedonia 3.75 Euro per kilogram of oil equivalent (KGOE) compare
- 42 Bulgaria 3.03 Euro per kilogram of oil equivalent (KGOE) compare
- 44 Bosnia and Herzegovina 2.64 Euro per kilogram of oil equivalent (KGOE) compare
- 45 Kosovo* 2.47 Euro per kilogram of oil equivalent (KGOE) compare
- 46 Iceland 2.27 Euro per kilogram of oil equivalent (KGOE) compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.33 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0133 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 203.25 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.94 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -29.57 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0394 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 600.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.03 % change on previous year (2025)
Frequently asked questions
- What is energy productivity in Serbia?
- Energy productivity in Serbia was 2.8 Euro per kilogram of oil equivalent (KGOE) in 2024, according to Eurostat.
- What is the highest energy productivity recorded in Serbia?
- The highest recorded value was 2.8 Euro per kilogram of oil equivalent (KGOE) in 2024.
- What is the lowest energy productivity recorded in Serbia?
- The lowest recorded value was 1.18 Euro per kilogram of oil equivalent (KGOE) in 1996.
- How does Serbia rank for energy productivity?
- Serbia ranks 43rd out of 46 countries with data for 2024.
- Is energy productivity rising or falling in Serbia?
- Over the last ten years it is up 16.2%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from Eurostat, published as part of Energy productivity. Statizoid updates them automatically from the source API.
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