Industry (including construction), value added in Serbia
Serbia: Industry (including construction), value added was 22.30 billion current US$ in 2025. ▲ Rising
Industry (including construction), value added in Serbia, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, industry (including construction), value added in Serbia stood at 22.30 billion current US$. That is the highest value across all 31 years on record.
The figure is up 7.3% on the previous year and up 102.7% over ten years.
Over the whole period, industry (including construction), value added in Serbia peaked at 22.30 billion current US$ in 2025 and was at its lowest, 2.58 billion current US$, in 2000.
Serbia ranks 82nd of 209 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Industry (including construction), value added in Serbia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 6.33 billion current US$ | — |
| 1996 | 7.36 billion current US$ | +16.3% |
| 1997 | 8.44 billion current US$ | +14.7% |
| 1998 | 6.50 billion current US$ | -23.0% |
| 1999 | 6.34 billion current US$ | -2.5% |
| 2000 | 2.58 billion current US$ | -59.3% |
| 2001 | 4.42 billion current US$ | +71.8% |
| 2002 | 5.58 billion current US$ | +26.0% |
| 2003 | 6.80 billion current US$ | +21.9% |
| 2004 | 8.01 billion current US$ | +17.8% |
| 2005 | 8.20 billion current US$ | +2.4% |
| 2006 | 9.69 billion current US$ | +18.2% |
| 2007 | 12.68 billion current US$ | +30.8% |
| 2008 | 14.91 billion current US$ | +17.7% |
| 2009 | 11.42 billion current US$ | -23.4% |
| 2010 | 10.90 billion current US$ | -4.6% |
| 2011 | 13.47 billion current US$ | +23.6% |
| 2012 | 11.99 billion current US$ | -11.0% |
| 2013 | 14.07 billion current US$ | +17.3% |
| 2014 | 13.04 billion current US$ | -7.3% |
| 2015 | 11.00 billion current US$ | -15.6% |
| 2016 | 11.20 billion current US$ | +1.8% |
| 2017 | 12.23 billion current US$ | +9.2% |
| 2018 | 13.62 billion current US$ | +11.4% |
| 2019 | 13.75 billion current US$ | +0.9% |
| 2020 | 13.57 billion current US$ | -1.4% |
| 2021 | 16.13 billion current US$ | +18.9% |
| 2022 | 16.85 billion current US$ | +4.4% |
| 2023 | 19.34 billion current US$ | +14.8% |
| 2024 | 20.79 billion current US$ | +7.5% |
| 2025 | 22.30 billion current US$ | +7.3% |
Serbia compared with similar countries
- Serbia's 22.30 billion current US$ is above the median for upper middle income countries, which is 15.93 billion current US$, 1.4× the median. (59 countries reporting)
- Serbia's 22.30 billion current US$ is below the median for Europe & Central Asia, which is 28.62 billion current US$, 78% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.99 billion current US$ | 6.33 billion current US$ | 8.44 billion current US$ | 5 |
| 2000s | 8.43 billion current US$ | 2.58 billion current US$ | 14.91 billion current US$ | 10 |
| 2010s | 12.53 billion current US$ | 10.90 billion current US$ | 14.07 billion current US$ | 10 |
| 2020s | 18.16 billion current US$ | 13.57 billion current US$ | 22.30 billion current US$ | 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$), annual growth rate 12.03 % change on previous year (2025)
Frequently asked questions
- What is industry (including construction), value added in Serbia?
- Industry (including construction), value added in Serbia was 22.30 billion current US$ 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 22.30 billion current US$ in 2025.
- What is the lowest industry (including construction), value added recorded in Serbia?
- The lowest recorded value was 2.58 billion current US$ in 2000.
- How does Serbia rank for industry (including construction), value added?
- Serbia ranks 82nd 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 102.7%. 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 (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.