Gross capital formation in Serbia
Serbia: Gross capital formation was 23.37 billion current US$ in 2025. ◆ Volatile
Gross capital formation in Serbia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross capital formation in Serbia is 23.37 billion current US$, measured in 2025. That is the highest value across all 31 years on record.
That represents a change of up 3.7% on the previous year and up 205.7% over ten years.
Over the whole period, gross capital formation in Serbia peaked at 23.37 billion current US$ in 2025 and was at its lowest, 664.04 million current US$, in 2000.
That places Serbia 72nd out of 187 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Serbia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 2.36 billion current US$ | — |
| 1996 | 3.09 billion current US$ | +30.8% |
| 1997 | 3.73 billion current US$ | +20.9% |
| 1998 | 1.82 billion current US$ | -51.2% |
| 1999 | 1.61 billion current US$ | -11.6% |
| 2000 | 664.04 million current US$ | -58.7% |
| 2001 | 2.00 billion current US$ | +201.9% |
| 2002 | 3.12 billion current US$ | +55.4% |
| 2003 | 4.34 billion current US$ | +39.2% |
| 2004 | 6.67 billion current US$ | +53.8% |
| 2005 | 6.18 billion current US$ | -7.5% |
| 2006 | 7.24 billion current US$ | +17.2% |
| 2007 | 11.18 billion current US$ | +54.5% |
| 2008 | 14.05 billion current US$ | +25.7% |
| 2009 | 8.71 billion current US$ | -38.0% |
| 2010 | 7.54 billion current US$ | -13.4% |
| 2011 | 9.30 billion current US$ | +23.3% |
| 2012 | 8.48 billion current US$ | -8.8% |
| 2013 | 8.64 billion current US$ | +1.8% |
| 2014 | 8.09 billion current US$ | -6.3% |
| 2015 | 7.65 billion current US$ | -5.5% |
| 2016 | 7.67 billion current US$ | +0.3% |
| 2017 | 9.07 billion current US$ | +18.2% |
| 2018 | 11.88 billion current US$ | +31.0% |
| 2019 | 13.43 billion current US$ | +13.0% |
| 2020 | 13.46 billion current US$ | +0.3% |
| 2021 | 16.50 billion current US$ | +22.6% |
| 2022 | 17.63 billion current US$ | +6.8% |
| 2023 | 20.02 billion current US$ | +13.6% |
| 2024 | 22.55 billion current US$ | +12.6% |
| 2025 | 23.37 billion current US$ | +3.7% |
Serbia compared with similar countries
- Serbia's 23.37 billion current US$ is above the median for upper middle income countries, which is 11.53 billion current US$, 2.0× the median. (52 countries reporting)
- Serbia's 23.37 billion current US$ is below the median for Europe & Central Asia, which is 29.72 billion current US$, 79% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation in Serbia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +201.9% | 664.04 million current US$ | 2.00 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.52 billion current US$ | 1.61 billion current US$ | 3.73 billion current US$ | 5 |
| 2000s | 6.41 billion current US$ | 664.04 million current US$ | 14.05 billion current US$ | 10 |
| 2010s | 9.17 billion current US$ | 7.54 billion current US$ | 13.43 billion current US$ | 10 |
| 2020s | 18.92 billion current US$ | 13.46 billion current US$ | 23.37 billion current US$ | 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)
- 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$), annual growth rate 12.03 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Serbia?
- Gross capital formation in Serbia was 23.37 billion current US$ 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 23.37 billion current US$ in 2025.
- What is the lowest gross capital formation recorded in Serbia?
- The lowest recorded value was 664.04 million current US$ in 2000.
- How does Serbia rank for gross capital formation?
- Serbia ranks 72nd out of 187 countries with data for 2025.
- Is gross capital formation rising or falling in Serbia?
- Over the last ten years it is up 205.7%. 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 (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.