Gross capital formation in Serbia
Serbia: Gross capital formation was 23.4% in 2025. ▲ Rising
Gross capital formation in Serbia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross capital formation in Serbia is 23.4%, measured in 2025.
That represents a change of down 6.6% on the previous year and up 26.3% over ten years.
Over the whole period, gross capital formation in Serbia peaked at 26.4% in 2022 and was at its lowest, 7.7%, in 1999.
Serbia ranks 92nd of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Gross capital formation in Serbia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 13.2% | — |
| 1996 | 13.3% | +0.7% |
| 1997 | 13.7% | +3.6% |
| 1998 | 8.7% | -36.9% |
| 1999 | 7.7% | -11.1% |
| 2000 | 9.1% | +17.6% |
| 2001 | 14.7% | +62.6% |
| 2002 | 17.4% | +17.9% |
| 2003 | 18.4% | +5.8% |
| 2004 | 24.9% | +35.2% |
| 2005 | 21.8% | -12.3% |
| 2006 | 21.7% | -0.3% |
| 2007 | 24.9% | +14.6% |
| 2008 | 25.9% | +4.1% |
| 2009 | 18.6% | -28.4% |
| 2010 | 17.3% | -6.6% |
| 2011 | 18.1% | +4.8% |
| 2012 | 18.8% | +3.6% |
| 2013 | 17.1% | -9.0% |
| 2014 | 16.5% | -3.8% |
| 2015 | 18.5% | +12.4% |
| 2016 | 18.2% | -1.9% |
| 2017 | 19.7% | +8.5% |
| 2018 | 22.5% | +14.1% |
| 2019 | 24.9% | +10.8% |
| 2020 | 24.1% | -3.3% |
| 2021 | 24.9% | +3.5% |
| 2022 | 26.4% | +5.8% |
| 2023 | 24.6% | -6.7% |
| 2024 | 25.0% | +1.7% |
| 2025 | 23.4% | -6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.3% | 7.7% | 13.7% | 5 |
| 2000s | 19.7% | 9.1% | 25.9% | 10 |
| 2010s | 19.2% | 16.5% | 24.9% | 10 |
| 2020s | 24.7% | 23.4% | 26.4% | 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)
- Gross capital formation (current US$), annual growth rate 3.65 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2338 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 3,568 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate -0.3996 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 24.31 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 371,024 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 4.75 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1607 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation in Serbia?
- Gross capital formation in Serbia was 23.4% 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 26.4% in 2022.
- What is the lowest gross capital formation recorded in Serbia?
- The lowest recorded value was 7.7% in 1999.
- How does Serbia rank for gross capital formation?
- Serbia ranks 92nd 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 26.3%. The long-run trend across the full record is rising.
- 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 (% of GDP). 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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.