Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Serbia
Serbia: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 1.45 million million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Serbia, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency, 2015 in Serbia stood at 1.45 million million SLC. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 6.5% on the previous year and up 109.8% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Serbia peaked at 1.45 million million SLC in 2024 and was at its lowest, 231,556 million SLC, in 1993.
That places Serbia 46th out of 194 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Serbia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1990 | 521,596 million SLC | — |
| 1991 | 462,434 million SLC | -11.3% |
| 1992 | 328,160 million SLC | -29.0% |
| 1993 | 231,556 million SLC | -29.4% |
| 1994 | 239,767 million SLC | +3.5% |
| 1995 | 238,165 million SLC | -0.7% |
| 1996 | 263,013 million SLC | +10.4% |
| 1997 | 323,454 million SLC | +23.0% |
| 1998 | 335,246 million SLC | +3.6% |
| 1999 | 276,259 million SLC | -17.6% |
| 2000 | 289,931 million SLC | +4.9% |
| 2001 | 302,986 million SLC | +4.5% |
| 2002 | 392,940 million SLC | +29.7% |
| 2003 | 476,950 million SLC | +21.4% |
| 2004 | 567,502 million SLC | +19.0% |
| 2005 | 599,148 million SLC | +5.6% |
| 2006 | 692,346 million SLC | +15.6% |
| 2007 | 868,861 million SLC | +25.5% |
| 2008 | 939,167 million SLC | +8.1% |
| 2009 | 727,630 million SLC | -22.5% |
| 2010 | 680,297 million SLC | -6.5% |
| 2011 | 712,049 million SLC | +4.7% |
| 2012 | 811,117 million SLC | +13.9% |
| 2013 | 714,148 million SLC | -12.0% |
| 2014 | 689,553 million SLC | -3.4% |
| 2015 | 732,288 million SLC | +6.2% |
| 2016 | 769,486 million SLC | +5.1% |
| 2017 | 820,596 million SLC | +6.6% |
| 2018 | 964,349 million SLC | +17.5% |
| 2019 | 1.13 million million SLC | +17.2% |
| 2020 | 1.11 million million SLC | -1.9% |
| 2021 | 1.28 million million SLC | +15.7% |
| 2022 | 1.31 million million SLC | +1.9% |
| 2023 | 1.36 million million SLC | +3.9% |
| 2024 | 1.45 million million SLC | +6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 321,965 million SLC | 231,556 million SLC | 521,596 million SLC | 10 |
| 2000s | 585,746 million SLC | 289,931 million SLC | 939,167 million SLC | 10 |
| 2010s | 802,436 million SLC | 680,297 million SLC | 1.13 million million SLC | 10 |
| 2020s | 1.30 million million SLC | 1.11 million million SLC | 1.45 million million SLC | 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 (constant LCU), per capita 639,492 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 4.49 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.35 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8533 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 13,023 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 88.72 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 1.35 million current LCU per person (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Serbia?
- Gross fixed capital formation — value standard local currency, 2015 in Serbia was 1.45 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Serbia?
- The highest recorded value was 1.45 million million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Serbia?
- The lowest recorded value was 231,556 million SLC in 1993.
- How does Serbia rank for gross fixed capital formation — value standard local currency, 2015?
- Serbia ranks 46th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Serbia?
- Over the last ten years it is up 109.8%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).