Gross fixed capital formation in Serbia
Serbia: Gross fixed capital formation was 22.8% in 2025. ▲ Rising
Gross fixed capital formation in Serbia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, gross fixed capital formation in Serbia stood at 22.8%.
Compared with earlier readings it is down 4.0% on the previous year and up 35.9% over ten years.
Over the whole period, gross fixed capital formation in Serbia peaked at 23.9% in 2022 and was at its lowest, 10.4%, in 1996.
Serbia ranks 85th of 181 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Gross fixed capital formation in Serbia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 10.6% | — |
| 1996 | 10.4% | -2.3% |
| 1997 | 11.2% | +8.1% |
| 1998 | 11.2% | +0.2% |
| 1999 | 10.5% | -6.9% |
| 2000 | 11.6% | +10.8% |
| 2001 | 11.8% | +1.9% |
| 2002 | 14.7% | +24.0% |
| 2003 | 16.6% | +13.2% |
| 2004 | 19.4% | +16.8% |
| 2005 | 19.3% | -0.7% |
| 2006 | 21.2% | +10.0% |
| 2007 | 23.6% | +11.4% |
| 2008 | 23.5% | -0.5% |
| 2009 | 18.6% | -20.8% |
| 2010 | 17.5% | -5.7% |
| 2011 | 17.3% | -1.3% |
| 2012 | 19.9% | +15.1% |
| 2013 | 16.4% | -17.9% |
| 2014 | 15.9% | -3.1% |
| 2015 | 16.8% | +5.9% |
| 2016 | 17.0% | +1.1% |
| 2017 | 17.8% | +4.6% |
| 2018 | 19.9% | +12.2% |
| 2019 | 22.3% | +11.7% |
| 2020 | 21.4% | -3.7% |
| 2021 | 23.1% | +7.5% |
| 2022 | 23.9% | +3.7% |
| 2023 | 23.4% | -2.3% |
| 2024 | 23.8% | +1.8% |
| 2025 | 22.8% | -4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.8% | 10.4% | 11.2% | 5 |
| 2000s | 18.0% | 11.6% | 23.6% | 10 |
| 2010s | 18.1% | 15.9% | 22.3% | 10 |
| 2020s | 23.1% | 21.4% | 23.9% | 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 8.02 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.4474 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 6,829 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -4.62 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -0.5247 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 10.4 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 3.42 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 52,129 current LCU per person (2025)
Frequently asked questions
- What is gross fixed capital formation in Serbia?
- Gross fixed capital formation in Serbia was 22.8% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Serbia?
- The highest recorded value was 23.9% in 2022.
- What is the lowest gross fixed capital formation recorded in Serbia?
- The lowest recorded value was 10.4% in 1996.
- How does Serbia rank for gross fixed capital formation?
- Serbia ranks 85th 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 35.9%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.