Industry (including construction), value added in Serbia
Serbia: Industry (including construction), value added was 2.32 trillion current LCU in 2025. ◆ Volatile
Industry (including construction), value added in Serbia, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Serbia recorded 2.32 trillion current LCU for industry (including construction), value added in 2025. That is the highest value across all 31 years on record.
That represents a change of up 3.1% on the previous year and up 93.7% over ten years.
Over the whole period, industry (including construction), value added in Serbia peaked at 2.32 trillion current LCU in 2025 and was at its lowest, 22.39 billion current LCU, in 1995.
Serbia ranks 63rd of 209 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.
Industry (including construction), value added in Serbia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 22.39 billion current LCU | — |
| 1996 | 39.51 billion current LCU | +76.4% |
| 1997 | 49.88 billion current LCU | +26.3% |
| 1998 | 65.20 billion current LCU | +30.7% |
| 1999 | 73.88 billion current LCU | +13.3% |
| 2000 | 162.68 billion current LCU | +120.2% |
| 2001 | 296.05 billion current LCU | +82.0% |
| 2002 | 359.03 billion current LCU | +21.3% |
| 2003 | 391.40 billion current LCU | +9.0% |
| 2004 | 467.47 billion current LCU | +19.4% |
| 2005 | 546.84 billion current LCU | +17.0% |
| 2006 | 650.80 billion current LCU | +19.0% |
| 2007 | 740.96 billion current LCU | +13.9% |
| 2008 | 831.03 billion current LCU | +12.2% |
| 2009 | 771.96 billion current LCU | -7.1% |
| 2010 | 847.05 billion current LCU | +9.7% |
| 2011 | 987.69 billion current LCU | +16.6% |
| 2012 | 1.05 trillion current LCU | +6.8% |
| 2013 | 1.20 trillion current LCU | +13.6% |
| 2014 | 1.15 trillion current LCU | -3.8% |
| 2015 | 1.20 trillion current LCU | +3.9% |
| 2016 | 1.25 trillion current LCU | +4.1% |
| 2017 | 1.32 trillion current LCU | +5.7% |
| 2018 | 1.36 trillion current LCU | +3.6% |
| 2019 | 1.45 trillion current LCU | +6.1% |
| 2020 | 1.40 trillion current LCU | -3.3% |
| 2021 | 1.60 trillion current LCU | +14.6% |
| 2022 | 1.88 trillion current LCU | +17.3% |
| 2023 | 2.10 trillion current LCU | +11.4% |
| 2024 | 2.25 trillion current LCU | +7.3% |
| 2025 | 2.32 trillion current LCU | +3.1% |
Serbia compared with similar countries
- Serbia's 2.32 trillion current LCU is above the median for upper middle income countries, which is 251.52 billion current LCU, 9.2× the median. (59 countries reporting)
- Serbia's 2.32 trillion current LCU is above the median for Europe & Central Asia, which is 108.46 billion current LCU, 21.4× the median. (56 countries reporting)
Biggest year-on-year movements
Years where Industry (including construction), value added 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 |
|---|---|---|---|
| 2000 | +120.2% | 73.88 billion current LCU | 162.68 billion current LCU |
| 2001 | +82.0% | 162.68 billion current LCU | 296.05 billion current LCU |
| 1996 | +76.4% | 22.39 billion current LCU | 39.51 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 50.17 billion current LCU | 22.39 billion current LCU | 73.88 billion current LCU | 5 |
| 2000s | 521.82 billion current LCU | 162.68 billion current LCU | 831.03 billion current LCU | 10 |
| 2010s | 1.18 trillion current LCU | 847.05 billion current LCU | 1.45 trillion current LCU | 10 |
| 2020s | 1.92 trillion current LCU | 1.40 trillion current LCU | 2.32 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 industry (including construction), value added in Serbia?
- Industry (including construction), value added in Serbia was 2.32 trillion current 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 2.32 trillion current LCU in 2025.
- What is the lowest industry (including construction), value added recorded in Serbia?
- The lowest recorded value was 22.39 billion current LCU in 1995.
- How does Serbia rank for industry (including construction), value added?
- Serbia ranks 63rd out of 209 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Serbia?
- Over the last ten years it is up 93.7%. 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 Offices (NSOs), published as part of Industry (including construction), value added (current LCU). Statizoid updates them automatically from the source API.
Download this data
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.