Gross value added at basic prices (GVA) (current LCU), annual growth in Serbia

Serbia: Gross value added at basic prices (GVA) (current LCU), annual growth was 6.99 % change on previous year in 2025. ◆ Volatile

Latest (2025)
6.99 % change on previous year
Change on year
down 31.0%
World rank
98th
of 205 countries
All-time high
95.19 % change on previous year
in 1996
All-time low
0.2908 % change on previous year
in 2014
Years of data
30
1996–2025

Gross value added at basic prices (GVA) (current LCU), annual growth in Serbia, 1996–2025

0204060801001996201020251996: 95.2 % change on previous year1997: 28.8 % change on previous year1998: 29.4 % change on previous year1999: 15.6 % change on previous year2000: 90.9 % change on previous year2001: 86.9 % change on previous year2002: 21.1 % change on previous year2003: 17.5 % change on previous year2004: 14.5 % change on previous year2005: 21.2 % change on previous year2006: 18.4 % change on previous year2007: 17.7 % change on previous year2008: 15.7 % change on previous year2009: 5.6 % change on previous year2010: 6.4 % change on previous year2011: 12.2 % change on previous year2012: 5.6 % change on previous year2013: 8.7 % change on previous year2014: 0.291 % change on previous year2015: 2.8 % change on previous year2016: 4 % change on previous year2017: 5.6 % change on previous year2018: 6.6 % change on previous year2019: 7.1 % change on previous year2020: 2.1 % change on previous year2021: 14 % change on previous year2022: 14.8 % change on previous year2023: 18.9 % change on previous year2024: 10.1 % change on previous year2025: 7 % change on previous year

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 (GVA) (current LCU), annual growth in Serbia, year by year

Annual values for Gross value added at basic prices (GVA) (current LCU), annual growth rate in Serbia, 1996 to 2025.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 95 Pakistan 7.33 % change on previous year compare
  2. 96 Mauritania 7.31 % change on previous year compare
  3. 97 Cape Verde 7.11 % change on previous year compare
  4. 99 Bermuda 6.98 % change on previous year compare
  5. 100 Mauritius 6.91 % change on previous year compare
  6. 101 Sierra Leone 6.91 % change on previous year compare

See the full ranking of 206 places →

More economy & growth data for Serbia

All data for Serbia →

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.

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Gross value added at basic prices (GVA) (current LCU), annual growth in Serbia. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-annual-growth-rate/serbia/

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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.

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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

Indicator
Gross value added at basic prices (GVA) (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 8,871 data points, 1961–2025
Last refreshed

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.