Gross value added at basic prices (GVA) (constant LCU) in Serbia
Serbia: Gross value added at basic prices (GVA) (constant LCU) was 6.26 trillion constant LCU in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Serbia, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Serbia is 6.26 trillion constant LCU, measured in 2025. That is the highest value across all 31 years on record.
Compared with earlier readings it 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 6.26 trillion constant LCU in 2025 and was at its lowest, 2.52 trillion constant LCU, in 1995.
That places Serbia 49th out of 198 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Gross value added at basic prices (GVA) (constant LCU) in Serbia, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1995 | 2.52 trillion constant LCU | — |
| 1996 | 2.66 trillion constant LCU | +5.4% |
| 1997 | 2.91 trillion constant LCU | +9.3% |
| 1998 | 3.07 trillion constant LCU | +5.5% |
| 1999 | 2.75 trillion constant LCU | -10.4% |
| 2000 | 2.91 trillion constant LCU | +5.7% |
| 2001 | 3.08 trillion constant LCU | +6.0% |
| 2002 | 3.27 trillion constant LCU | +6.3% |
| 2003 | 3.41 trillion constant LCU | +4.1% |
| 2004 | 3.57 trillion constant LCU | +4.6% |
| 2005 | 3.80 trillion constant LCU | +6.5% |
| 2006 | 3.89 trillion constant LCU | +2.5% |
| 2007 | 4.19 trillion constant LCU | +7.5% |
| 2008 | 4.41 trillion constant LCU | +5.3% |
| 2009 | 4.29 trillion constant LCU | -2.6% |
| 2010 | 4.38 trillion constant LCU | +2.0% |
| 2011 | 4.39 trillion constant LCU | +0.3% |
| 2012 | 4.39 trillion constant LCU | +0.1% |
| 2013 | 4.43 trillion constant LCU | +0.9% |
| 2014 | 4.35 trillion constant LCU | -1.9% |
| 2015 | 4.42 trillion constant LCU | +1.6% |
| 2016 | 4.55 trillion constant LCU | +2.8% |
| 2017 | 4.67 trillion constant LCU | +2.6% |
| 2018 | 4.90 trillion constant LCU | +5.0% |
| 2019 | 5.13 trillion constant LCU | +4.8% |
| 2020 | 5.11 trillion constant LCU | -0.5% |
| 2021 | 5.51 trillion constant LCU | +7.9% |
| 2022 | 5.65 trillion constant LCU | +2.6% |
| 2023 | 5.92 trillion constant LCU | +4.7% |
| 2024 | 6.15 trillion constant LCU | +3.9% |
| 2025 | 6.26 trillion constant LCU | +1.8% |
Serbia compared with similar countries
- Serbia's 6.26 trillion constant LCU is above the median for upper middle income countries, which is 504.09 billion constant LCU, 12.4× the median. (57 countries reporting)
- Serbia's 6.26 trillion constant LCU is above the median for Europe & Central Asia, which is 405.98 billion constant LCU, 15.4× the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.78 trillion constant LCU | 2.52 trillion constant LCU | 3.07 trillion constant LCU | 5 |
| 2000s | 3.68 trillion constant LCU | 2.91 trillion constant LCU | 4.41 trillion constant LCU | 10 |
| 2010s | 4.56 trillion constant LCU | 4.35 trillion constant LCU | 5.13 trillion constant LCU | 10 |
| 2020s | 5.77 trillion constant LCU | 5.11 trillion constant LCU | 6.26 trillion constant LCU | 6 |
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)
- 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 6.26 trillion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Serbia?
- The highest recorded value was 6.26 trillion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Serbia?
- The lowest recorded value was 2.52 trillion constant LCU in 1995.
- How does Serbia rank for gross value added at basic prices (gva)?
- Serbia ranks 49th out of 198 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). 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 varies by country. This series is expressed in local currency units.