Gross capital formation in Serbia
Serbia: Gross capital formation was 4.8% in 2025. ◆ Volatile
Gross capital formation in Serbia, 1996–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for gross capital formation in Serbia is 4.8%, measured in 2025.
That represents a change of down 38.9% on the previous year and down 61.1% over ten years.
Over the whole period, gross capital formation in Serbia peaked at 74.7% in 2001 and was at its lowest, -36.2%, in 1998.
That places Serbia 81st out of 168 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Serbia, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1996 | 13.8% | — |
| 1997 | 18.8% | +36.6% |
| 1998 | -36.2% | -292.2% |
| 1999 | -25.9% | -28.6% |
| 2000 | 11.3% | -143.8% |
| 2001 | 74.7% | +559.0% |
| 2002 | 26.6% | -64.4% |
| 2003 | 14.3% | -46.4% |
| 2004 | 34.6% | +142.5% |
| 2005 | -8.5% | -124.5% |
| 2006 | 6.1% | -171.8% |
| 2007 | 32.9% | +440.9% |
| 2008 | 11.5% | -64.9% |
| 2009 | -29.6% | -356.6% |
| 2010 | -7.2% | -75.6% |
| 2011 | 10.4% | -243.8% |
| 2012 | 2.6% | -74.6% |
| 2013 | -2.4% | -192.5% |
| 2014 | -4.3% | +76.5% |
| 2015 | 12.2% | -384.1% |
| 2016 | 2.3% | -81.1% |
| 2017 | 11.5% | +398.3% |
| 2018 | 19.0% | +64.8% |
| 2019 | 16.3% | -14.4% |
| 2020 | -1.0% | -106.4% |
| 2021 | 9.6% | -1020.0% |
| 2022 | 3.8% | -60.2% |
| 2023 | 4.6% | +19.5% |
| 2024 | 7.8% | +69.9% |
| 2025 | 4.8% | -38.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -7.4% | -36.2% | 18.8% | 4 |
| 2000s | 17.4% | -29.6% | 74.7% | 10 |
| 2010s | 6.0% | -7.2% | 19.0% | 10 |
| 2020s | 4.9% | -1.0% | 9.6% | 6 |
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)
- Services, value added (current US$), annual growth rate 12.74 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5973 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 9,116 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 8.33 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 62.11 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 947,879 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 2.71 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.3255 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation in Serbia?
- Gross capital formation in Serbia was 4.8% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Serbia?
- The highest recorded value was 74.7% in 2001.
- What is the lowest gross capital formation recorded in Serbia?
- The lowest recorded value was -36.2% in 1998.
- How does Serbia rank for gross capital formation?
- Serbia ranks 81st out of 168 countries with data for 2025.
- Is gross capital formation rising or falling in Serbia?
- Over the last ten years it is down 61.1%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.