Food, beverages and tobacco in Serbia
Serbia: Food, beverages and tobacco was 24.8% in 2023. ▼ Falling
Food, beverages and tobacco 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 food, beverages and tobacco in Serbia is 24.8%, measured in 2023.
The figure is up 13.1% on the previous year and up 5.7% over ten years.
Over the whole period, food, beverages and tobacco in Serbia peaked at 32.1% in 2006 and was at its lowest, 20.8%, in 2019.
Serbia ranks 87th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Food, beverages and tobacco in Serbia, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 2002 | 31.3% | — |
| 2003 | 31.3% | +0.0% |
| 2004 | 31.3% | +0.0% |
| 2005 | 31.3% | +0.0% |
| 2006 | 32.1% | +2.6% |
| 2007 | 30.1% | -6.3% |
| 2008 | 31.0% | +2.9% |
| 2009 | 31.7% | +2.5% |
| 2010 | 30.0% | -5.5% |
| 2011 | 29.2% | -2.6% |
| 2012 | 27.9% | -4.4% |
| 2013 | 23.4% | -16.1% |
| 2014 | 25.7% | +9.7% |
| 2015 | 26.0% | +1.3% |
| 2016 | 26.0% | -0.3% |
| 2017 | 24.5% | -5.7% |
| 2018 | 23.1% | -5.4% |
| 2019 | 20.8% | -10.2% |
| 2020 | 23.0% | +10.7% |
| 2021 | 21.8% | -5.1% |
| 2022 | 21.9% | +0.2% |
| 2023 | 24.8% | +13.1% |
Serbia compared with similar countries
- Serbia's 24.8% is below the median for upper middle income countries, which is 32.6%, 76% of the median. (47 countries reporting)
- Serbia's 24.8% is above the median for Europe & Central Asia, which is 17.9%, 1.4× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 31.3% | 30.1% | 32.1% | 8 |
| 2010s | 25.7% | 20.8% | 30.0% | 10 |
| 2020s | 22.9% | 21.8% | 24.8% | 4 |
Countries ranked near Serbia
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 food, beverages and tobacco in Serbia?
- Food, beverages and tobacco in Serbia was 24.8% in 2023, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest food, beverages and tobacco recorded in Serbia?
- The highest recorded value was 32.1% in 2006.
- What is the lowest food, beverages and tobacco recorded in Serbia?
- The lowest recorded value was 20.8% in 2019.
- How does Serbia rank for food, beverages and tobacco?
- Serbia ranks 87th out of 157 countries with data for 2023.
- Is food, beverages and tobacco rising or falling in Serbia?
- Over the last ten years it is up 5.7%. 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 Food, beverages and tobacco (% of value added in manufacturing). Statizoid updates them automatically from the source API.
Download this data
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About this data
Manufacturing of food, beverages, and tobacco includes industries classified in ISIC (Rev. 3) divisions 15 and 16. 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).