Gross Domestic Product — Value US$, 2015 prices in Serbia
Serbia: Gross Domestic Product — Value US$, 2015 prices was 53,186 million USD in 2024. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices in Serbia, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices in Serbia is 53,186 million USD, measured in 2024. That is the highest value across all 35 years on record.
The figure is up 3.9% on the previous year and up 36.5% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Serbia peaked at 53,186 million USD in 2024 and was at its lowest, 19,559 million USD, in 1993.
Serbia ranks 87th of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Gross Domestic Product — Value US$, 2015 prices in Serbia, year by year
| Year | million USD | Change |
|---|---|---|
| 1990 | 44,290 million USD | — |
| 1991 | 39,124 million USD | -11.7% |
| 1992 | 28,114 million USD | -28.1% |
| 1993 | 19,559 million USD | -30.4% |
| 1994 | 20,067 million USD | +2.6% |
| 1995 | 21,208 million USD | +5.7% |
| 1996 | 22,536 million USD | +6.3% |
| 1997 | 24,161 million USD | +7.2% |
| 1998 | 24,968 million USD | +3.3% |
| 1999 | 22,615 million USD | -9.4% |
| 2000 | 24,002 million USD | +6.1% |
| 2001 | 25,653 million USD | +6.9% |
| 2002 | 27,289 million USD | +6.4% |
| 2003 | 28,487 million USD | +4.4% |
| 2004 | 31,059 million USD | +9.0% |
| 2005 | 32,776 million USD | +5.5% |
| 2006 | 34,450 million USD | +5.1% |
| 2007 | 36,669 million USD | +6.4% |
| 2008 | 38,743 million USD | +5.7% |
| 2009 | 37,684 million USD | -2.7% |
| 2010 | 37,960 million USD | +0.7% |
| 2011 | 38,733 million USD | +2.0% |
| 2012 | 38,469 million USD | -0.7% |
| 2013 | 39,582 million USD | +2.9% |
| 2014 | 38,952 million USD | -1.6% |
| 2015 | 39,656 million USD | +1.8% |
| 2016 | 40,980 million USD | +3.3% |
| 2017 | 41,841 million USD | +2.1% |
| 2018 | 43,722 million USD | +4.5% |
| 2019 | 45,616 million USD | +4.3% |
| 2020 | 45,204 million USD | -0.9% |
| 2021 | 48,696 million USD | +7.7% |
| 2022 | 49,938 million USD | +2.5% |
| 2023 | 51,200 million USD | +2.5% |
| 2024 | 53,186 million USD | +3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26,664 million USD | 19,559 million USD | 44,290 million USD | 10 |
| 2000s | 31,681 million USD | 24,002 million USD | 38,743 million USD | 10 |
| 2010s | 40,551 million USD | 37,960 million USD | 45,616 million USD | 10 |
| 2020s | 49,645 million USD | 45,204 million USD | 53,186 million USD | 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)
- 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 domestic product — value us$, 2015 prices in Serbia?
- Gross domestic product — value us$, 2015 prices in Serbia was 53,186 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Serbia?
- The highest recorded value was 53,186 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Serbia?
- The lowest recorded value was 19,559 million USD in 1993.
- How does Serbia rank for gross domestic product — value us$, 2015 prices?
- Serbia ranks 87th out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in Serbia?
- Over the last ten years it is up 36.5%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).