Gross fixed capital formation in Serbia
Serbia: Gross fixed capital formation was 22.83 billion current US$ in 2025. ◆ Volatile
Gross fixed capital formation in Serbia, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross fixed capital formation in Serbia stood at 22.83 billion current US$. That is the highest value across all 31 years on record.
That represents a change of up 6.5% on the previous year and up 229.0% over ten years.
Over the whole period, gross fixed capital formation in Serbia peaked at 22.83 billion current US$ in 2025 and was at its lowest, 850.59 million current US$, in 2000.
That places Serbia 71st out of 181 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Serbia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 1.91 billion current US$ | — |
| 1996 | 2.42 billion current US$ | +26.9% |
| 1997 | 3.05 billion current US$ | +26.1% |
| 1998 | 2.36 billion current US$ | -22.5% |
| 1999 | 2.19 billion current US$ | -7.4% |
| 2000 | 850.59 million current US$ | -61.1% |
| 2001 | 1.61 billion current US$ | +89.1% |
| 2002 | 2.63 billion current US$ | +63.4% |
| 2003 | 3.92 billion current US$ | +49.0% |
| 2004 | 5.21 billion current US$ | +32.9% |
| 2005 | 5.46 billion current US$ | +4.8% |
| 2006 | 7.05 billion current US$ | +29.3% |
| 2007 | 10.59 billion current US$ | +50.2% |
| 2008 | 12.73 billion current US$ | +20.1% |
| 2009 | 8.73 billion current US$ | -31.4% |
| 2010 | 7.64 billion current US$ | -12.5% |
| 2011 | 8.88 billion current US$ | +16.2% |
| 2012 | 9.00 billion current US$ | +1.3% |
| 2013 | 8.26 billion current US$ | -8.2% |
| 2014 | 7.80 billion current US$ | -5.6% |
| 2015 | 6.94 billion current US$ | -11.0% |
| 2016 | 7.18 billion current US$ | +3.4% |
| 2017 | 8.17 billion current US$ | +13.9% |
| 2018 | 10.53 billion current US$ | +28.9% |
| 2019 | 12.00 billion current US$ | +13.9% |
| 2020 | 11.98 billion current US$ | -0.1% |
| 2021 | 15.25 billion current US$ | +27.3% |
| 2022 | 15.97 billion current US$ | +4.7% |
| 2023 | 19.01 billion current US$ | +19.0% |
| 2024 | 21.44 billion current US$ | +12.8% |
| 2025 | 22.83 billion current US$ | +6.5% |
Serbia compared with similar countries
- Serbia's 22.83 billion current US$ is above the median for upper middle income countries, which is 10.71 billion current US$, 2.1× the median. (51 countries reporting)
- Serbia's 22.83 billion current US$ is below the median for Europe & Central Asia, which is 31.73 billion current US$, 72% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.38 billion current US$ | 1.91 billion current US$ | 3.05 billion current US$ | 5 |
| 2000s | 5.88 billion current US$ | 850.59 million current US$ | 12.73 billion current US$ | 10 |
| 2010s | 8.64 billion current US$ | 6.94 billion current US$ | 12.00 billion current US$ | 10 |
| 2020s | 17.75 billion current US$ | 11.98 billion current US$ | 22.83 billion current US$ | 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)
- 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$), annual growth rate 12.03 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Serbia?
- Gross fixed capital formation in Serbia was 22.83 billion current US$ 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 22.83 billion current US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Serbia?
- The lowest recorded value was 850.59 million current US$ in 2000.
- How does Serbia rank for gross fixed capital formation?
- Serbia ranks 71st out of 181 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Serbia?
- Over the last ten years it is up 229.0%. 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 (current US$). Statizoid updates them automatically from the source API.
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About this data
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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.