Gross domestic product (GDP) and Gross value added (GVA) in volume by in Serbia
Serbia: Gross domestic product (GDP) and Gross value added (GVA) in volume by was 120.4 Index, 2020=100 in 2024. ▲ Rising
Latest (2024)
120.4 Index, 2020=100
Change on year
up 3.9%
World rank
9th
of 43 countries
All-time high
120.4 Index, 2020=100
in 2024
All-time low
56.9 Index, 2020=100
in 2000
Years of data
25
2000–2024
Gross domestic product (GDP) and Gross value added (GVA) in volume by in Serbia, 2000–2024
Source: Eurostat. Measured in Index, 2020=100.
Analysis
Serbia recorded 120.4 Index, 2020=100 for gross domestic product (gdp) and gross value added (gva) in volume by in 2024. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 3.9% on the previous year and up 41.3% over ten years.
Over the whole period, gross domestic product (gdp) and gross value added (gva) in volume by in Serbia peaked at 120.4 Index, 2020=100 in 2024 and was at its lowest, 56.9 Index, 2020=100, in 2000.
That places Serbia 9th out of 43 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Gross domestic product (GDP) and Gross value added (GVA) in volume by in Serbia, year by year
| Year | Index, 2020=100 | Change |
|---|---|---|
| 2000 | 56.9 Index, 2020=100 | — |
| 2001 | 60.3 Index, 2020=100 | +6.0% |
| 2002 | 64.1 Index, 2020=100 | +6.3% |
| 2003 | 66.7 Index, 2020=100 | +4.1% |
| 2004 | 69.8 Index, 2020=100 | +4.6% |
| 2005 | 74.4 Index, 2020=100 | +6.6% |
| 2006 | 76.3 Index, 2020=100 | +2.6% |
| 2007 | 82 Index, 2020=100 | +7.5% |
| 2008 | 86.3 Index, 2020=100 | +5.2% |
| 2009 | 84 Index, 2020=100 | -2.7% |
| 2010 | 85.7 Index, 2020=100 | +2.0% |
| 2011 | 85.9 Index, 2020=100 | +0.2% |
| 2012 | 86 Index, 2020=100 | +0.1% |
| 2013 | 86.8 Index, 2020=100 | +0.9% |
| 2014 | 85.2 Index, 2020=100 | -1.8% |
| 2015 | 86.6 Index, 2020=100 | +1.6% |
| 2016 | 89 Index, 2020=100 | +2.8% |
| 2017 | 91.3 Index, 2020=100 | +2.6% |
| 2018 | 95.9 Index, 2020=100 | +5.0% |
| 2019 | 100.5 Index, 2020=100 | +4.8% |
| 2020 | 100 Index, 2020=100 | -0.5% |
| 2021 | 107.9 Index, 2020=100 | +7.9% |
| 2022 | 110.7 Index, 2020=100 | +2.6% |
| 2023 | 115.9 Index, 2020=100 | +4.7% |
| 2024 | 120.4 Index, 2020=100 | +3.9% |
Serbia compared with similar countries
- Serbia's 120.4 Index, 2020=100 is above the median for Europe & Central Asia, which is 113.3 Index, 2020=100, 1.1× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 72.08 Index, 2020=100 | 56.9 Index, 2020=100 | 86.3 Index, 2020=100 | 10 |
| 2010s | 89.29 Index, 2020=100 | 85.2 Index, 2020=100 | 100.5 Index, 2020=100 | 10 |
| 2020s | 110.98 Index, 2020=100 | 100 Index, 2020=100 | 120.4 Index, 2020=100 | 5 |
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 domestic product (gdp) and gross value added (gva) in volume by in Serbia?
- Gross domestic product (gdp) and gross value added (gva) in volume by in Serbia was 120.4 Index, 2020=100 in 2024, according to Eurostat.
- What is the highest gross domestic product (gdp) and gross value added (gva) in volume by recorded in Serbia?
- The highest recorded value was 120.4 Index, 2020=100 in 2024.
- What is the lowest gross domestic product (gdp) and gross value added (gva) in volume by recorded in Serbia?
- The lowest recorded value was 56.9 Index, 2020=100 in 2000.
- How does Serbia rank for gross domestic product (gdp) and gross value added (gva) in volume by?
- Serbia ranks 9th out of 43 countries with data for 2024.
- Is gross domestic product (gdp) and gross value added (gva) in volume by rising or falling in Serbia?
- Over the last ten years it is up 41.3%. 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 Gross domestic product (GDP) and Gross value added (GVA) in volume by NUTS 2 region. Statizoid updates them automatically from the source API.
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