Gross value added at basic prices by NUTS 3 region in Serbia
Serbia: Gross value added at basic prices by NUTS 3 region was 70,792 Current prices, million euro in 2024. ▲ Rising
Latest (2024)
70,792 Current prices, million euro
Change on year
up 10.3%
World rank
29th
of 46 countries
All-time high
70,792 Current prices, million euro
in 2024
All-time low
13,382 Current prices, million euro
in 2001
Years of data
25
2000–2024
Gross value added at basic prices by NUTS 3 region in Serbia, 2000–2024
Source: Eurostat. Measured in Current prices, million euro.
Analysis
Serbia recorded 70,792 Current prices, million euro for gross value added at basic prices by nuts 3 region in 2024. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 10.3% on the previous year and up 126.1% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in Serbia peaked at 70,792 Current prices, million euro in 2024 and was at its lowest, 13,382 Current prices, million euro, in 2001.
Serbia ranks 29th of 46 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Gross value added at basic prices by NUTS 3 region in Serbia, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2000 | 27,937 Current prices, million euro | — |
| 2001 | 13,382 Current prices, million euro | -52.1% |
| 2002 | 15,872 Current prices, million euro | +18.6% |
| 2003 | 17,379 Current prices, million euro | +9.5% |
| 2004 | 17,822 Current prices, million euro | +2.6% |
| 2005 | 18,924 Current prices, million euro | +6.2% |
| 2006 | 22,107 Current prices, million euro | +16.8% |
| 2007 | 27,370 Current prices, million euro | +23.8% |
| 2008 | 31,104 Current prices, million euro | +13.6% |
| 2009 | 28,467 Current prices, million euro | -8.5% |
| 2010 | 27,606 Current prices, million euro | -3.0% |
| 2011 | 31,298 Current prices, million euro | +13.4% |
| 2012 | 29,788 Current prices, million euro | -4.8% |
| 2013 | 32,375 Current prices, million euro | +8.7% |
| 2014 | 31,315 Current prices, million euro | -3.3% |
| 2015 | 31,288 Current prices, million euro | -0.1% |
| 2016 | 31,893 Current prices, million euro | +1.9% |
| 2017 | 34,177 Current prices, million euro | +7.2% |
| 2018 | 37,361 Current prices, million euro | +9.3% |
| 2019 | 40,160 Current prices, million euro | +7.5% |
| 2020 | 41,115 Current prices, million euro | +2.4% |
| 2021 | 46,870 Current prices, million euro | +14.0% |
| 2022 | 53,880 Current prices, million euro | +15.0% |
| 2023 | 64,187 Current prices, million euro | +19.1% |
| 2024 | 70,792 Current prices, million euro | +10.3% |
Serbia compared with similar countries
- Serbia's 70,792 Current prices, million euro is below the median for Europe & Central Asia, which is 246,571 Current prices, million euro, 29% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices by NUTS 3 region 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.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | -52.1% | 27,937 Current prices, million euro | 13,382 Current prices, million euro |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22,036 Current prices, million euro | 13,382 Current prices, million euro | 31,104 Current prices, million euro | 10 |
| 2010s | 32,726 Current prices, million euro | 27,606 Current prices, million euro | 40,160 Current prices, million euro | 10 |
| 2020s | 55,369 Current prices, million euro | 41,115 Current prices, million euro | 70,792 Current prices, million euro | 5 |
Countries ranked near Serbia
- 26 Luxembourg 78,467 Current prices, million euro compare
- 27 Croatia 71,237 Current prices, million euro compare
- 27 Croatia 71,237 Current prices, million euro compare
- 30 Lithuania 70,748 Current prices, million euro compare
- 30 Lithuania 70,748 Current prices, million euro compare
- 32 Slovenia 59,694 Current prices, million euro compare
- 32 Slovenia 59,694 Current prices, million euro compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.33 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0133 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 203.25 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.94 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -29.57 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0394 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 600.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.03 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices by nuts 3 region in Serbia?
- Gross value added at basic prices by nuts 3 region in Serbia was 70,792 Current prices, million euro in 2024, according to Eurostat.
- What is the highest gross value added at basic prices by nuts 3 region recorded in Serbia?
- The highest recorded value was 70,792 Current prices, million euro in 2024.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in Serbia?
- The lowest recorded value was 13,382 Current prices, million euro in 2001.
- How does Serbia rank for gross value added at basic prices by nuts 3 region?
- Serbia ranks 29th out of 46 countries with data for 2024.
- Is gross value added at basic prices by nuts 3 region rising or falling in Serbia?
- Over the last ten years it is up 126.1%. 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 at basic prices by NUTS 3 region. Statizoid updates them automatically from the source API.
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