Gross Fixed Capital Formation — Value Standard Local Currency in Serbia
Serbia: Gross Fixed Capital Formation — Value Standard Local Currency was 2.04 million million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Serbia, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency in Serbia is 2.04 million million SLC, measured in 2024. That is the highest value across all 35 years on record.
The figure is up 10.5% on the previous year and up 208.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Serbia peaked at 2.04 million million SLC in 2024 and was at its lowest, 0 million SLC, in 1990.
Serbia ranks 51st of 202 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 in Serbia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1990 | 0 million SLC | — |
| 1991 | 0 million SLC | — |
| 1992 | 0 million SLC | — |
| 1993 | 3,403 million SLC | +170127499900.0% |
| 1994 | 3,647 million SLC | +7.2% |
| 1995 | 6,640 million SLC | +82.1% |
| 1996 | 12,695 million SLC | +91.2% |
| 1997 | 17,756 million SLC | +39.9% |
| 1998 | 23,389 million SLC | +31.7% |
| 1999 | 25,184 million SLC | +7.7% |
| 2000 | 52,996 million SLC | +110.4% |
| 2001 | 105,835 million SLC | +99.7% |
| 2002 | 166,692 million SLC | +57.5% |
| 2003 | 222,004 million SLC | +33.2% |
| 2004 | 298,244 million SLC | +34.3% |
| 2005 | 358,978 million SLC | +20.4% |
| 2006 | 462,403 million SLC | +28.8% |
| 2007 | 599,828 million SLC | +29.7% |
| 2008 | 689,498 million SLC | +14.9% |
| 2009 | 570,555 million SLC | -17.3% |
| 2010 | 574,560 million SLC | +0.7% |
| 2011 | 632,411 million SLC | +10.1% |
| 2012 | 769,877 million SLC | +21.7% |
| 2013 | 678,923 million SLC | -11.8% |
| 2014 | 663,610 million SLC | -2.3% |
| 2015 | 732,288 million SLC | +10.3% |
| 2016 | 772,502 million SLC | +5.5% |
| 2017 | 844,398 million SLC | +9.3% |
| 2018 | 1.02 million million SLC | +20.4% |
| 2019 | 1.22 million million SLC | +19.8% |
| 2020 | 1.18 million million SLC | -3.1% |
| 2021 | 1.46 million million SLC | +23.7% |
| 2022 | 1.71 million million SLC | +17.5% |
| 2023 | 1.85 million million SLC | +7.9% |
| 2024 | 2.04 million million SLC | +10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9,271 million SLC | 0 million SLC | 25,184 million SLC | 10 |
| 2000s | 352,703 million SLC | 52,996 million SLC | 689,498 million SLC | 10 |
| 2010s | 790,326 million SLC | 574,560 million SLC | 1.22 million million SLC | 10 |
| 2020s | 1.65 million million SLC | 1.18 million million SLC | 2.04 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)
- GNI (current LCU), annual growth rate 6.59 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 97.44 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 1.49 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -11.26 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -6.91 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 8.7 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1467 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 2,239 current US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Serbia?
- Gross fixed capital formation — value standard local currency in Serbia was 2.04 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 recorded in Serbia?
- The highest recorded value was 2.04 million million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Serbia?
- The lowest recorded value was 0 million SLC in 1990.
- How does Serbia rank for gross fixed capital formation — value standard local currency?
- Serbia ranks 51st out of 202 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Serbia?
- Over the last ten years it is up 208.1%. 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. Statizoid updates them automatically from the source API.
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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).