Gross value added and income by detailed industry (NACE Rev.2 ) in Serbia
Serbia: Gross value added and income by detailed industry (NACE Rev.2 ) was 120.4 Chain linked volumes, index 2020=100 in 2024. ▲ Rising
Latest (2024)
120.4 Chain linked volumes, index 2020=100
Change on year
up 3.9%
World rank
12th
of 46 countries
All-time high
120.4 Chain linked volumes, index 2020=100
in 2024
All-time low
49.41 Chain linked volumes, index 2020=100
in 1995
Years of data
30
1995–2024
Gross value added and income by detailed industry in Serbia, 1995–2024
Source: Eurostat. Measured in Chain linked volumes, index 2020=100.
Analysis
Serbia recorded 120.4 Chain linked volumes, index 2020=100 for gross value added and income by detailed industry in 2024. That is the highest value across all 30 years on record.
That represents a change of up 3.9% on the previous year and up 41.3% over ten years.
Over the whole period, gross value added and income by detailed industry in Serbia peaked at 120.4 Chain linked volumes, index 2020=100 in 2024 and was at its lowest, 49.41 Chain linked volumes, index 2020=100, in 1995.
Serbia ranks 12th of 46 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Gross value added and income by detailed industry (NACE Rev.2 ) in Serbia, year by year
| Year | Chain linked volumes, index 2020=100 | Change |
|---|---|---|
| 1995 | 49.41 Chain linked volumes, index 2020=100 | — |
| 1996 | 52.09 Chain linked volumes, index 2020=100 | +5.4% |
| 1997 | 56.94 Chain linked volumes, index 2020=100 | +9.3% |
| 1998 | 60.09 Chain linked volumes, index 2020=100 | +5.5% |
| 1999 | 53.82 Chain linked volumes, index 2020=100 | -10.4% |
| 2000 | 56.91 Chain linked volumes, index 2020=100 | +5.7% |
| 2001 | 60.3 Chain linked volumes, index 2020=100 | +6.0% |
| 2002 | 64.11 Chain linked volumes, index 2020=100 | +6.3% |
| 2003 | 66.75 Chain linked volumes, index 2020=100 | +4.1% |
| 2004 | 69.85 Chain linked volumes, index 2020=100 | +4.6% |
| 2005 | 74.37 Chain linked volumes, index 2020=100 | +6.5% |
| 2006 | 76.26 Chain linked volumes, index 2020=100 | +2.5% |
| 2007 | 81.95 Chain linked volumes, index 2020=100 | +7.5% |
| 2008 | 86.28 Chain linked volumes, index 2020=100 | +5.3% |
| 2009 | 84.03 Chain linked volumes, index 2020=100 | -2.6% |
| 2010 | 85.67 Chain linked volumes, index 2020=100 | +2.0% |
| 2011 | 85.94 Chain linked volumes, index 2020=100 | +0.3% |
| 2012 | 86.04 Chain linked volumes, index 2020=100 | +0.1% |
| 2013 | 86.81 Chain linked volumes, index 2020=100 | +0.9% |
| 2014 | 85.18 Chain linked volumes, index 2020=100 | -1.9% |
| 2015 | 86.56 Chain linked volumes, index 2020=100 | +1.6% |
| 2016 | 89 Chain linked volumes, index 2020=100 | +2.8% |
| 2017 | 91.35 Chain linked volumes, index 2020=100 | +2.6% |
| 2018 | 95.9 Chain linked volumes, index 2020=100 | +5.0% |
| 2019 | 100.51 Chain linked volumes, index 2020=100 | +4.8% |
| 2020 | 100 Chain linked volumes, index 2020=100 | -0.5% |
| 2021 | 107.9 Chain linked volumes, index 2020=100 | +7.9% |
| 2022 | 110.71 Chain linked volumes, index 2020=100 | +2.6% |
| 2023 | 115.91 Chain linked volumes, index 2020=100 | +4.7% |
| 2024 | 120.4 Chain linked volumes, index 2020=100 | +3.9% |
Serbia compared with similar countries
- Serbia's 120.4 Chain linked volumes, index 2020=100 is above the median for Europe & Central Asia, which is 114.56 Chain linked volumes, index 2020=100, 1.1× the median. (34 countries reporting)
- Serbia's 120.4 Chain linked volumes, index 2020=100 is above the median for upper middle income countries, which is 120.4 Chain linked volumes, index 2020=100, 1.0× the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 54.47 Chain linked volumes, index 2020=100 | 49.41 Chain linked volumes, index 2020=100 | 60.09 Chain linked volumes, index 2020=100 | 5 |
| 2000s | 72.08 Chain linked volumes, index 2020=100 | 56.91 Chain linked volumes, index 2020=100 | 86.28 Chain linked volumes, index 2020=100 | 10 |
| 2010s | 89.3 Chain linked volumes, index 2020=100 | 85.18 Chain linked volumes, index 2020=100 | 100.51 Chain linked volumes, index 2020=100 | 10 |
| 2020s | 110.98 Chain linked volumes, index 2020=100 | 100 Chain linked volumes, index 2020=100 | 120.4 Chain linked volumes, index 2020=100 | 5 |
Countries ranked near Serbia
- 9 Spain 123.97 Chain linked volumes, index 2020=100 compare
- 10 Portugal 121.08 Chain linked volumes, index 2020=100 compare
- 11 Iceland 120.65 Chain linked volumes, index 2020=100 compare
- 12 Serbia 120.4 Chain linked volumes, index 2020=100 compare
- 14 Poland 120.3 Chain linked volumes, index 2020=100 compare
- 15 Greece 119.44 Chain linked volumes, index 2020=100 compare
More economy & growth data for Serbia
- Real gdp growth, annual growth rate -48.61 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 2.19 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5822 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.6 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gross value added and income by detailed industry in Serbia?
- Gross value added and income by detailed industry in Serbia was 120.4 Chain linked volumes, index 2020=100 in 2024, according to Eurostat.
- What is the highest gross value added and income by detailed industry recorded in Serbia?
- The highest recorded value was 120.4 Chain linked volumes, index 2020=100 in 2024.
- What is the lowest gross value added and income by detailed industry recorded in Serbia?
- The lowest recorded value was 49.41 Chain linked volumes, index 2020=100 in 1995.
- How does Serbia rank for gross value added and income by detailed industry?
- Serbia ranks 12th out of 46 countries with data for 2024.
- Is gross value added and income by detailed industry rising or falling in Serbia?
- Over the last ten years it is up 41.3%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from Eurostat, published as part of Gross value added and income by detailed industry (NACE Rev.2 ). Statizoid updates them automatically from the source API.
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