Gross fixed capital formation in Serbia

Serbia: Gross fixed capital formation was 0.8% in 2025. ◆ Volatile

Latest (2025)
0.8%
Change on year
down 89.1%
World rank
120th
of 166 countries
All-time high
29.8%
in 2002
All-time low
-22.1%
in 2009
Years of data
30
1996–2025

Gross fixed capital formation in Serbia, 1996–2025

-200201996201020251996: 11.2 annual % growth1997: 22.4 annual % growth1998: 4 annual % growth1999: -17.5 annual % growth2000: 5.5 annual % growth2001: 4.9 annual % growth2002: 29.8 annual % growth2003: 21.5 annual % growth2004: 18.8 annual % growth2005: 5.4 annual % growth2006: 16.7 annual % growth2007: 26.3 annual % growth2008: 7.1 annual % growth2009: -22.1 annual % growth2010: -6.2 annual % growth2011: 4.5 annual % growth2012: 13.9 annual % growth2013: -12.1 annual % growth2014: -3.5 annual % growth2015: 5.4 annual % growth2016: 5.5 annual % growth2017: 7.6 annual % growth2018: 16.8 annual % growth2019: 16.9 annual % growth2020: -1.4 annual % growth2021: 14.7 annual % growth2022: 2.2 annual % growth2023: 9.7 annual % growth2024: 7.7 annual % growth2025: 0.837 annual % growth

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

The most recent figure for gross fixed capital formation in Serbia is 0.8%, measured in 2025.

That represents a change of down 89.1% on the previous year and down 84.6% over ten years.

Over the whole period, gross fixed capital formation in Serbia peaked at 29.8% in 2002 and was at its lowest, -22.1%, in 2009.

That places Serbia 120th out of 166 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 fixed capital formation in Serbia, year by year

Annual values for Gross fixed capital formation (annual % growth) in Serbia, 1996 to 2025.
Year annual % growth Change
1996 11.2%
1997 22.4% +100.0%
1998 4.0% -81.9%
1999 -17.5% -532.8%
2000 5.5% -131.5%
2001 4.9% -11.8%
2002 29.8% +510.6%
2003 21.5% -27.7%
2004 18.8% -12.6%
2005 5.4% -71.3%
2006 16.7% +210.2%
2007 26.3% +57.4%
2008 7.1% -73.1%
2009 -22.1% -411.6%
2010 -6.2% -72.0%
2011 4.5% -172.1%
2012 13.9% +211.1%
2013 -12.1% -187.0%
2014 -3.5% -70.7%
2015 5.4% -253.6%
2016 5.5% +1.6%
2017 7.6% +38.2%
2018 16.8% +119.8%
2019 16.9% +0.6%
2020 -1.4% -108.0%
2021 14.7% -1183.6%
2022 2.2% -85.1%
2023 9.7% +345.6%
2024 7.7% -20.7%
2025 0.8% -89.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 5.0% -17.5% 22.4% 4
2000s 11.4% -22.1% 29.8% 10
2010s 4.9% -12.1% 16.9% 10
2020s 5.6% -1.4% 14.7% 6

Countries ranked near Serbia

  1. 117 Norway 1.3% compare
  2. 118 Zimbabwe 1.2% compare
  3. 119 Netherlands 1.1% compare
  4. 121 Philippines 0.8% compare
  5. 122 Finland 0.8% compare
  6. 123 France 0.5% compare

See the full ranking of 199 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is gross fixed capital formation in Serbia?
Gross fixed capital formation in Serbia was 0.8% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross fixed capital formation recorded in Serbia?
The highest recorded value was 29.8% in 2002.
What is the lowest gross fixed capital formation recorded in Serbia?
The lowest recorded value was -22.1% in 2009.
How does Serbia rank for gross fixed capital formation?
Serbia ranks 120th out of 166 countries with data for 2025.
Is gross fixed capital formation rising or falling in Serbia?
Over the last ten years it is down 84.6%. 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 Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.

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Gross fixed capital formation in Serbia. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 30 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-annual-percent-growth/serbia/

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About this data

Indicator
Gross fixed capital formation (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
199 places, 8,106 data points, 1961–2025
Last refreshed

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.