Gross value added at basic prices (GVA) (constant 2015 US$) in Serbia
Serbia: Gross value added at basic prices (GVA) (constant 2015 US$) was 49.14 billion constant 2015 US$ in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Serbia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Serbia is 49.14 billion constant 2015 US$, measured in 2025. That is the highest value across all 31 years on record.
The figure is up 1.8% on the previous year and up 41.6% over ten years.
Over the whole period, gross value added at basic prices (gva) in Serbia peaked at 49.14 billion constant 2015 US$ in 2025 and was at its lowest, 19.82 billion constant 2015 US$, in 1995.
Serbia ranks 86th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$) in Serbia, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 19.82 billion constant 2015 US$ | — |
| 1996 | 20.89 billion constant 2015 US$ | +5.4% |
| 1997 | 22.84 billion constant 2015 US$ | +9.3% |
| 1998 | 24.10 billion constant 2015 US$ | +5.5% |
| 1999 | 21.59 billion constant 2015 US$ | -10.4% |
| 2000 | 22.82 billion constant 2015 US$ | +5.7% |
| 2001 | 24.19 billion constant 2015 US$ | +6.0% |
| 2002 | 25.71 billion constant 2015 US$ | +6.3% |
| 2003 | 26.77 billion constant 2015 US$ | +4.1% |
| 2004 | 28.01 billion constant 2015 US$ | +4.6% |
| 2005 | 29.83 billion constant 2015 US$ | +6.5% |
| 2006 | 30.58 billion constant 2015 US$ | +2.5% |
| 2007 | 32.87 billion constant 2015 US$ | +7.5% |
| 2008 | 34.60 billion constant 2015 US$ | +5.3% |
| 2009 | 33.70 billion constant 2015 US$ | -2.6% |
| 2010 | 34.36 billion constant 2015 US$ | +2.0% |
| 2011 | 34.47 billion constant 2015 US$ | +0.3% |
| 2012 | 34.51 billion constant 2015 US$ | +0.1% |
| 2013 | 34.82 billion constant 2015 US$ | +0.9% |
| 2014 | 34.16 billion constant 2015 US$ | -1.9% |
| 2015 | 34.72 billion constant 2015 US$ | +1.6% |
| 2016 | 35.69 billion constant 2015 US$ | +2.8% |
| 2017 | 36.64 billion constant 2015 US$ | +2.6% |
| 2018 | 38.46 billion constant 2015 US$ | +5.0% |
| 2019 | 40.31 billion constant 2015 US$ | +4.8% |
| 2020 | 40.11 billion constant 2015 US$ | -0.5% |
| 2021 | 43.27 billion constant 2015 US$ | +7.9% |
| 2022 | 44.40 billion constant 2015 US$ | +2.6% |
| 2023 | 46.49 billion constant 2015 US$ | +4.7% |
| 2024 | 48.29 billion constant 2015 US$ | +3.9% |
| 2025 | 49.14 billion constant 2015 US$ | +1.8% |
Serbia compared with similar countries
- Serbia's 49.14 billion constant 2015 US$ is above the median for upper middle income countries, which is 45.40 billion constant 2015 US$, 1.1× the median. (57 countries reporting)
- Serbia's 49.14 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 71.18 billion constant 2015 US$, 69% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.85 billion constant 2015 US$ | 19.82 billion constant 2015 US$ | 24.10 billion constant 2015 US$ | 5 |
| 2000s | 28.91 billion constant 2015 US$ | 22.82 billion constant 2015 US$ | 34.60 billion constant 2015 US$ | 10 |
| 2010s | 35.81 billion constant 2015 US$ | 34.16 billion constant 2015 US$ | 40.31 billion constant 2015 US$ | 10 |
| 2020s | 45.28 billion constant 2015 US$ | 40.11 billion constant 2015 US$ | 49.14 billion constant 2015 US$ | 6 |
Countries ranked near Serbia
- 83 Belarus 54.42 billion constant 2015 US$ compare
- 84 Lithuania 51.15 billion constant 2015 US$ compare
- 85 Uganda 49.38 billion constant 2015 US$ compare
- 87 Slovenia 48.93 billion constant 2015 US$ compare
- 88 Jordan 47.88 billion constant 2015 US$ compare
- 89 Tunisia 46.68 billion constant 2015 US$ 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0213 units per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Serbia?
- Gross value added at basic prices (gva) in Serbia was 49.14 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Serbia?
- The highest recorded value was 49.14 billion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Serbia?
- The lowest recorded value was 19.82 billion constant 2015 US$ in 1995.
- How does Serbia rank for gross value added at basic prices (gva)?
- Serbia ranks 86th out of 194 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Serbia?
- Over the last ten years it is up 41.6%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.