Gross value added at basic prices (GVA) in Serbia
Serbia: Gross value added at basic prices (GVA) was 8.87 trillion current LCU in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Serbia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Serbia is 8.87 trillion current LCU, measured in 2025. That is the highest value across all 31 years on record.
The figure is up 7.0% on the previous year and up 134.8% over ten years.
Over the whole period, gross value added at basic prices (gva) in Serbia peaked at 8.87 trillion current LCU in 2025 and was at its lowest, 59.33 billion current LCU, in 1995.
Serbia ranks 59th of 207 countries on this measure, 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) in Serbia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 59.33 billion current LCU | — |
| 1996 | 115.80 billion current LCU | +95.2% |
| 1997 | 149.12 billion current LCU | +28.8% |
| 1998 | 192.90 billion current LCU | +29.4% |
| 1999 | 223.04 billion current LCU | +15.6% |
| 2000 | 425.70 billion current LCU | +90.9% |
| 2001 | 795.75 billion current LCU | +86.9% |
| 2002 | 963.32 billion current LCU | +21.1% |
| 2003 | 1.13 trillion current LCU | +17.5% |
| 2004 | 1.30 trillion current LCU | +14.5% |
| 2005 | 1.57 trillion current LCU | +21.2% |
| 2006 | 1.86 trillion current LCU | +18.4% |
| 2007 | 2.19 trillion current LCU | +17.7% |
| 2008 | 2.53 trillion current LCU | +15.7% |
| 2009 | 2.67 trillion current LCU | +5.6% |
| 2010 | 2.84 trillion current LCU | +6.4% |
| 2011 | 3.19 trillion current LCU | +12.2% |
| 2012 | 3.37 trillion current LCU | +5.6% |
| 2013 | 3.66 trillion current LCU | +8.7% |
| 2014 | 3.67 trillion current LCU | +0.3% |
| 2015 | 3.78 trillion current LCU | +2.8% |
| 2016 | 3.93 trillion current LCU | +4.0% |
| 2017 | 4.15 trillion current LCU | +5.6% |
| 2018 | 4.42 trillion current LCU | +6.6% |
| 2019 | 4.73 trillion current LCU | +7.1% |
| 2020 | 4.83 trillion current LCU | +2.1% |
| 2021 | 5.51 trillion current LCU | +14.0% |
| 2022 | 6.33 trillion current LCU | +14.8% |
| 2023 | 7.53 trillion current LCU | +18.9% |
| 2024 | 8.29 trillion current LCU | +10.1% |
| 2025 | 8.87 trillion current LCU | +7.0% |
Serbia compared with similar countries
- Serbia's 8.87 trillion current LCU is above the median for upper middle income countries, which is 896.75 billion current LCU, 9.9× the median. (58 countries reporting)
- Serbia's 8.87 trillion current LCU is above the median for Europe & Central Asia, which is 380.52 billion current LCU, 23.3× the median. (56 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) 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 |
|---|---|---|---|
| 1996 | +95.2% | 59.33 billion current LCU | 115.80 billion current LCU |
| 2000 | +90.9% | 223.04 billion current LCU | 425.70 billion current LCU |
| 2001 | +86.9% | 425.70 billion current LCU | 795.75 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 148.04 billion current LCU | 59.33 billion current LCU | 223.04 billion current LCU | 5 |
| 2000s | 1.54 trillion current LCU | 425.70 billion current LCU | 2.67 trillion current LCU | 10 |
| 2010s | 3.77 trillion current LCU | 2.84 trillion current LCU | 4.73 trillion current LCU | 10 |
| 2020s | 6.89 trillion current LCU | 4.83 trillion current LCU | 8.87 trillion current 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)
- 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 (gva) in Serbia?
- Gross value added at basic prices (gva) in Serbia was 8.87 trillion current LCU 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 8.87 trillion current LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Serbia?
- The lowest recorded value was 59.33 billion current LCU in 1995.
- How does Serbia rank for gross value added at basic prices (gva)?
- Serbia ranks 59th out of 207 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 134.8%. The long-run trend across the full record is volatile.
- 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) (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.