Gross Fixed Capital Formation — Value Standard Local Currency, annual in Serbia

Serbia: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 10.49 % change on previous year in 2024. ◆ Volatile

Latest (2024)
10.49 % change on previous year
Change on year
up 32.3%
World rank
50th
of 230 countries
All-time high
110.44 % change on previous year
in 2000
All-time low
-17.25 % change on previous year
in 2009
Years of data
31
1994–2024

Gross Fixed Capital Formation — Value Standard Local Currency, annual in Serbia, 1994–2024

0501001994200920241994: 7.2 % change on previous year1995: 82.1 % change on previous year1996: 91.2 % change on previous year1997: 39.9 % change on previous year1998: 31.7 % change on previous year1999: 7.7 % change on previous year2000: 110.4 % change on previous year2001: 99.7 % change on previous year2002: 57.5 % change on previous year2003: 33.2 % change on previous year2004: 34.3 % change on previous year2005: 20.4 % change on previous year2006: 28.8 % change on previous year2007: 29.7 % change on previous year2008: 14.9 % change on previous year2009: -17.3 % change on previous year2010: 0.702 % change on previous year2011: 10.1 % change on previous year2012: 21.7 % change on previous year2013: -11.8 % change on previous year2014: -2.3 % change on previous year2015: 10.3 % change on previous year2016: 5.5 % change on previous year2017: 9.3 % change on previous year2018: 20.4 % change on previous year2019: 19.8 % change on previous year2020: -3.1 % change on previous year2021: 23.7 % change on previous year2022: 17.5 % change on previous year2023: 7.9 % change on previous year2024: 10.5 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross fixed capital formation — value standard local currency, annual in Serbia is 10.49 % change on previous year, measured in 2024.

That represents a change of up 32.3% on the previous year and up 565.2% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, annual in Serbia peaked at 110.44 % change on previous year in 2000 and was at its lowest, -17.25 % change on previous year, in 2009.

Serbia ranks 50th of 230 countries on this measure, 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, annual in Serbia, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate in Serbia, 1994 to 2024.
Year % change on previous year Change
1994 7.17 % change on previous year
1995 82.07 % change on previous year +1044.0%
1996 91.2 % change on previous year +11.1%
1997 39.87 % change on previous year -56.3%
1998 31.72 % change on previous year -20.4%
1999 7.68 % change on previous year -75.8%
2000 110.44 % change on previous year +1338.8%
2001 99.7 % change on previous year -9.7%
2002 57.5 % change on previous year -42.3%
2003 33.18 % change on previous year -42.3%
2004 34.34 % change on previous year +3.5%
2005 20.36 % change on previous year -40.7%
2006 28.81 % change on previous year +41.5%
2007 29.72 % change on previous year +3.2%
2008 14.95 % change on previous year -49.7%
2009 -17.25 % change on previous year -215.4%
2010 0.7019 % change on previous year -104.1%
2011 10.07 % change on previous year +1334.4%
2012 21.74 % change on previous year +115.9%
2013 -11.81 % change on previous year -154.4%
2014 -2.26 % change on previous year -80.9%
2015 10.35 % change on previous year -558.8%
2016 5.49 % change on previous year -46.9%
2017 9.31 % change on previous year +69.5%
2018 20.4 % change on previous year +119.2%
2019 19.8 % change on previous year -2.9%
2020 -3.11 % change on previous year -115.7%
2021 23.66 % change on previous year -860.8%
2022 17.48 % change on previous year -26.1%
2023 7.93 % change on previous year -54.6%
2024 10.49 % change on previous year +32.3%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual in Serbia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2000 +1338.8% 7.68 % change on previous year 110.44 % change on previous year
2011 +1334.4% 0.7019 % change on previous year 10.07 % change on previous year
1995 +1044.0% 7.17 % change on previous year 82.07 % change on previous year
2021 +860.8% -3.11 % change on previous year 23.66 % change on previous year
2015 +558.8% -2.26 % change on previous year 10.35 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 43.29 % change on previous year 7.17 % change on previous year 91.2 % change on previous year 6
2000s 41.18 % change on previous year -17.25 % change on previous year 110.44 % change on previous year 10
2010s 8.38 % change on previous year -11.81 % change on previous year 21.74 % change on previous year 10
2020s 11.29 % change on previous year -3.11 % change on previous year 23.66 % change on previous year 5

Countries ranked near Serbia

  1. 47 Botswana 10.81 % change on previous year compare
  2. 48 Puerto Rico 10.51 % change on previous year compare
  3. 49 Bangladesh 10.49 % change on previous year compare
  4. 51 Montenegro 10.45 % change on previous year compare
  5. 52 Sint Maarten (Dutch part) 10.35 % change on previous year compare
  6. 53 Vanuatu 10.25 % change on previous year compare

See the full ranking of 231 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, annual in Serbia?
Gross fixed capital formation — value standard local currency, annual in Serbia was 10.49 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, annual recorded in Serbia?
The highest recorded value was 110.44 % change on previous year in 2000.
What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Serbia?
The lowest recorded value was -17.25 % change on previous year in 2009.
How does Serbia rank for gross fixed capital formation — value standard local currency, annual?
Serbia ranks 50th out of 230 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, annual rising or falling in Serbia?
Over the last ten years it is up 565.2%. The long-run trend across the full record is volatile.
Where does this Serbia data come from?
The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, annual in Serbia. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-annual-growth-rate/serbia/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
231 places, 11,310 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.