Industry (including construction), value added in Serbia
Serbia: Industry (including construction), value added was 1.74 trillion constant LCU in 2025. ▲ Rising
Industry (including construction), value added in Serbia, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, industry (including construction), value added in Serbia stood at 1.74 trillion constant LCU.
That represents a change of down 0.3% on the previous year and up 29.9% over ten years.
Over the whole period, industry (including construction), value added in Serbia peaked at 1.75 trillion constant LCU in 2024 and was at its lowest, 729.86 billion constant LCU, in 1995.
That places Serbia 54th out of 200 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Industry (including construction), value added in Serbia, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1995 | 729.86 billion constant LCU | — |
| 1996 | 796.51 billion constant LCU | +9.1% |
| 1997 | 876.53 billion constant LCU | +10.0% |
| 1998 | 925.21 billion constant LCU | +5.6% |
| 1999 | 773.02 billion constant LCU | -16.5% |
| 2000 | 878.52 billion constant LCU | +13.6% |
| 2001 | 902.73 billion constant LCU | +2.8% |
| 2002 | 998.45 billion constant LCU | +10.6% |
| 2003 | 1.03 trillion constant LCU | +3.4% |
| 2004 | 1.12 trillion constant LCU | +8.2% |
| 2005 | 1.18 trillion constant LCU | +5.6% |
| 2006 | 1.23 trillion constant LCU | +3.8% |
| 2007 | 1.29 trillion constant LCU | +5.7% |
| 2008 | 1.33 trillion constant LCU | +2.5% |
| 2009 | 1.18 trillion constant LCU | -11.4% |
| 2010 | 1.18 trillion constant LCU | +0.4% |
| 2011 | 1.24 trillion constant LCU | +4.9% |
| 2012 | 1.24 trillion constant LCU | +0.2% |
| 2013 | 1.35 trillion constant LCU | +9.2% |
| 2014 | 1.28 trillion constant LCU | -5.2% |
| 2015 | 1.34 trillion constant LCU | +4.6% |
| 2016 | 1.37 trillion constant LCU | +1.8% |
| 2017 | 1.40 trillion constant LCU | +2.6% |
| 2018 | 1.44 trillion constant LCU | +2.4% |
| 2019 | 1.51 trillion constant LCU | +5.0% |
| 2020 | 1.48 trillion constant LCU | -2.1% |
| 2021 | 1.60 trillion constant LCU | +8.7% |
| 2022 | 1.62 trillion constant LCU | +1.2% |
| 2023 | 1.68 trillion constant LCU | +3.5% |
| 2024 | 1.75 trillion constant LCU | +4.1% |
| 2025 | 1.74 trillion constant LCU | -0.3% |
Serbia compared with similar countries
- Serbia's 1.74 trillion constant LCU is above the median for upper middle income countries, which is 124.14 billion constant LCU, 14.0× the median. (58 countries reporting)
- Serbia's 1.74 trillion constant LCU is above the median for Europe & Central Asia, which is 99.16 billion constant LCU, 17.6× the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 820.23 billion constant LCU | 729.86 billion constant LCU | 925.21 billion constant LCU | 5 |
| 2000s | 1.11 trillion constant LCU | 878.52 billion constant LCU | 1.33 trillion constant LCU | 10 |
| 2010s | 1.33 trillion constant LCU | 1.18 trillion constant LCU | 1.51 trillion constant LCU | 10 |
| 2020s | 1.65 trillion constant LCU | 1.48 trillion constant LCU | 1.75 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)
- 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 industry (including construction), value added in Serbia?
- Industry (including construction), value added in Serbia was 1.74 trillion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Serbia?
- The highest recorded value was 1.75 trillion constant LCU in 2024.
- What is the lowest industry (including construction), value added recorded in Serbia?
- The lowest recorded value was 729.86 billion constant LCU in 1995.
- How does Serbia rank for industry (including construction), value added?
- Serbia ranks 54th out of 200 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Serbia?
- Over the last ten years it is up 29.9%. 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 Industry (including construction), value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.