Gross value added at basic prices … current LCU annual growth rate in Serbia
Serbia: Gross value added at basic prices … current LCU annual growth rate was 6.99 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), annual growth in Serbia, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gross value added at basic prices (gva) (current lcu), annual growth in Serbia stood at 6.99 % change on previous year.
That represents a change of down 31.0% on the previous year and up 147.1% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Serbia peaked at 95.19 % change on previous year in 1996 and was at its lowest, 0.2908 % change on previous year, in 2014.
That places Serbia 98th out of 205 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices … current LCU annual growth rate in Serbia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 95.19 % change on previous year | — |
| 1997 | 28.77 % change on previous year | -69.8% |
| 1998 | 29.36 % change on previous year | +2.1% |
| 1999 | 15.63 % change on previous year | -46.8% |
| 2000 | 90.86 % change on previous year | +481.5% |
| 2001 | 86.93 % change on previous year | -4.3% |
| 2002 | 21.06 % change on previous year | -75.8% |
| 2003 | 17.48 % change on previous year | -17.0% |
| 2004 | 14.48 % change on previous year | -17.1% |
| 2005 | 21.23 % change on previous year | +46.6% |
| 2006 | 18.39 % change on previous year | -13.3% |
| 2007 | 17.7 % change on previous year | -3.8% |
| 2008 | 15.74 % change on previous year | -11.1% |
| 2009 | 5.58 % change on previous year | -64.5% |
| 2010 | 6.36 % change on previous year | +13.9% |
| 2011 | 12.17 % change on previous year | +91.3% |
| 2012 | 5.61 % change on previous year | -53.9% |
| 2013 | 8.7 % change on previous year | +55.1% |
| 2014 | 0.2908 % change on previous year | -96.7% |
| 2015 | 2.83 % change on previous year | +873.1% |
| 2016 | 3.95 % change on previous year | +39.6% |
| 2017 | 5.61 % change on previous year | +42.0% |
| 2018 | 6.55 % change on previous year | +16.9% |
| 2019 | 7.11 % change on previous year | +8.5% |
| 2020 | 2.14 % change on previous year | -69.9% |
| 2021 | 13.99 % change on previous year | +554.7% |
| 2022 | 14.84 % change on previous year | +6.1% |
| 2023 | 18.92 % change on previous year | +27.4% |
| 2024 | 10.13 % change on previous year | -46.4% |
| 2025 | 6.99 % change on previous year | -31.0% |
Serbia compared with similar countries
- Serbia's 6.99 % change on previous year is above the median for upper middle income countries, which is 6.87 % change on previous year, 1.0× the median. (58 countries reporting)
- Serbia's 6.99 % change on previous year is above the median for Europe & Central Asia, which is 5.47 % change on previous year, 1.3× the median. (56 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices … current LCU annual growth rate 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 |
|---|---|---|---|
| 2015 | +873.1% | 0.2908 % change on previous year | 2.83 % change on previous year |
| 2021 | +554.7% | 2.14 % change on previous year | 13.99 % change on previous year |
| 2000 | +481.5% | 15.63 % change on previous year | 90.86 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 42.24 % change on previous year | 15.63 % change on previous year | 95.19 % change on previous year | 4 |
| 2000s | 30.94 % change on previous year | 5.58 % change on previous year | 90.86 % change on previous year | 10 |
| 2010s | 5.92 % change on previous year | 0.2908 % change on previous year | 12.17 % change on previous year | 10 |
| 2020s | 11.17 % change on previous year | 2.14 % change on previous year | 18.92 % change on previous year | 6 |
Countries ranked near Serbia
- 95 Pakistan 7.33 % change on previous year compare
- 96 Mauritania 7.31 % change on previous year compare
- 97 Cape Verde 7.11 % change on previous year compare
- 99 Bermuda 6.98 % change on previous year compare
- 100 Mauritius 6.91 % change on previous year compare
- 101 Sierra Leone 6.91 % change on previous year 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) (current lcu), annual growth in Serbia?
- Gross value added at basic prices (gva) (current lcu), annual growth in Serbia was 6.99 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Serbia?
- The highest recorded value was 95.19 % change on previous year in 1996.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Serbia?
- The lowest recorded value was 0.2908 % change on previous year in 2014.
- How does Serbia rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Serbia ranks 98th out of 205 countries with data for 2025.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Serbia?
- Over the last ten years it is up 147.1%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.