Gross Domestic Product — Value US$ in Serbia
Serbia: Gross Domestic Product — Value US$ was 82,334 million USD in 2024. ▲ Rising
Gross Domestic Product — Value US$ in Serbia, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Serbia recorded 82,334 million USD for gross domestic product — value us$ in 2024. That is the highest value across all 35 years on record.
The figure is up 9.5% on the previous year and up 74.9% over ten years.
Over the whole period, gross domestic product — value us$ in Serbia peaked at 82,334 million USD in 2024 and was at its lowest, 9,866 million USD, in 2000.
Serbia ranks 79th 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$ in Serbia, year by year
| Year | million USD | Change |
|---|---|---|
| 1990 | 40,531 million USD | — |
| 1991 | 37,014 million USD | -8.7% |
| 1992 | 27,205 million USD | -26.5% |
| 1993 | 19,375 million USD | -28.8% |
| 1994 | 20,302 million USD | +4.8% |
| 1995 | 21,907 million USD | +7.9% |
| 1996 | 23,705 million USD | +8.2% |
| 1997 | 22,794 million USD | -3.8% |
| 1998 | 20,374 million USD | -10.6% |
| 1999 | 11,938 million USD | -41.4% |
| 2000 | 9,866 million USD | -17.4% |
| 2001 | 12,960 million USD | +31.4% |
| 2002 | 17,119 million USD | +32.1% |
| 2003 | 22,481 million USD | +31.3% |
| 2004 | 26,144 million USD | +16.3% |
| 2005 | 27,682 million USD | +5.9% |
| 2006 | 32,478 million USD | +17.3% |
| 2007 | 43,174 million USD | +32.9% |
| 2008 | 52,189 million USD | +20.9% |
| 2009 | 45,147 million USD | -13.5% |
| 2010 | 41,823 million USD | -7.4% |
| 2011 | 49,243 million USD | +17.7% |
| 2012 | 43,316 million USD | -12.0% |
| 2013 | 48,394 million USD | +11.7% |
| 2014 | 47,062 million USD | -2.8% |
| 2015 | 39,656 million USD | -15.7% |
| 2016 | 40,693 million USD | +2.6% |
| 2017 | 44,179 million USD | +8.6% |
| 2018 | 50,641 million USD | +14.6% |
| 2019 | 51,514 million USD | +1.7% |
| 2020 | 53,356 million USD | +3.6% |
| 2021 | 63,101 million USD | +18.3% |
| 2022 | 63,563 million USD | +0.7% |
| 2023 | 75,187 million USD | +18.3% |
| 2024 | 82,334 million USD | +9.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24,514 million USD | 11,938 million USD | 40,531 million USD | 10 |
| 2000s | 28,924 million USD | 9,866 million USD | 52,189 million USD | 10 |
| 2010s | 45,652 million USD | 39,656 million USD | 51,514 million USD | 10 |
| 2020s | 67,508 million USD | 53,356 million USD | 82,334 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)
- Gross domestic savings (current US$), annual growth rate 3.44 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1908 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 2,913 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate -0.6059 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 19.84 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 302,831 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 15.44 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.8833 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$ in Serbia?
- Gross domestic product — value us$ in Serbia was 82,334 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Serbia?
- The highest recorded value was 82,334 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Serbia?
- The lowest recorded value was 9,866 million USD in 2000.
- How does Serbia rank for gross domestic product — value us$?
- Serbia ranks 79th out of 203 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Serbia?
- Over the last ten years it is up 74.9%. 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$. 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).