Industry (including construction), value added in Serbia

Serbia: Industry (including construction), value added was 22.3% in 2025. ▼ Falling

Latest (2025)
22.3%
Change on year
down 3.3%
World rank
113th
of 207 countries
All-time high
35.3%
in 1995
All-time low
22.3%
in 2025
Years of data
31
1995–2025

Industry (including construction), value added in Serbia, 1995–2025

0102030401995201020251995: 35.3 % of GDP1996: 31.6 % of GDP1997: 31.1 % of GDP1998: 30.9 % of GDP1999: 30.3 % of GDP2000: 35.2 % of GDP2001: 32.5 % of GDP2002: 31.1 % of GDP2003: 28.8 % of GDP2004: 29.8 % of GDP2005: 28.9 % of GDP2006: 29.1 % of GDP2007: 28.2 % of GDP2008: 27.5 % of GDP2009: 24.3 % of GDP2010: 25 % of GDP2011: 26.3 % of GDP2012: 26.6 % of GDP2013: 27.9 % of GDP2014: 26.5 % of GDP2015: 26.6 % of GDP2016: 26.5 % of GDP2017: 26.6 % of GDP2018: 25.8 % of GDP2019: 25.5 % of GDP2020: 24.3 % of GDP2021: 24.4 % of GDP2022: 25.2 % of GDP2023: 23.8 % of GDP2024: 23.1 % of GDP2025: 22.3 % of GDP

Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.

Analysis

In 2025, industry (including construction), value added in Serbia stood at 22.3%. That is the lowest value across all 31 years on record.

Compared with earlier readings it is down 3.3% on the previous year and down 16.2% over ten years.

Over the whole period, industry (including construction), value added in Serbia peaked at 35.3% in 1995 and was at its lowest, 22.3%, in 2025.

Serbia ranks 113th of 207 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 31 years of available data.

Industry (including construction), value added in Serbia, year by year

Annual values for Industry (including construction), value added (% of GDP) in Serbia, 1995 to 2025.
Year % of GDP Change
1995 35.3%
1996 31.6% -10.5%
1997 31.1% -1.7%
1998 30.9% -0.4%
1999 30.3% -2.0%
2000 35.2% +15.9%
2001 32.5% -7.5%
2002 31.1% -4.4%
2003 28.8% -7.3%
2004 29.8% +3.5%
2005 28.9% -3.0%
2006 29.1% +0.6%
2007 28.2% -3.0%
2008 27.5% -2.6%
2009 24.3% -11.6%
2010 25.0% +2.9%
2011 26.3% +5.0%
2012 26.6% +1.1%
2013 27.9% +4.9%
2014 26.5% -4.8%
2015 26.6% +0.4%
2016 26.5% -0.4%
2017 26.6% +0.3%
2018 25.8% -3.0%
2019 25.5% -1.1%
2020 24.3% -4.9%
2021 24.4% +0.4%
2022 25.2% +3.4%
2023 23.8% -5.7%
2024 23.1% -3.0%
2025 22.3% -3.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 31.9% 30.3% 35.3% 5
2000s 29.6% 24.3% 35.2% 10
2010s 26.3% 25.0% 27.9% 10
2020s 23.8% 22.3% 25.2% 6

Countries ranked near Serbia

  1. 110 Italy 22.6% compare
  2. 111 Finland 22.5% compare
  3. 112 New Caledonia 22.3% compare
  4. 114 Lithuania 22.1% compare
  5. 115 Mozambique 22.1% compare
  6. 116 Rwanda 22.0% compare

See the full ranking of 255 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is industry (including construction), value added in Serbia?
Industry (including construction), value added in Serbia was 22.3% 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 35.3% in 1995.
What is the lowest industry (including construction), value added recorded in Serbia?
The lowest recorded value was 22.3% in 2025.
How does Serbia rank for industry (including construction), value added?
Serbia ranks 113th out of 207 countries with data for 2025.
Is industry (including construction), value added rising or falling in Serbia?
Over the last ten years it is down 16.2%. The long-run trend across the full record is falling.
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 (% of GDP). Statizoid updates them automatically from the source API.

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Industry (including construction), value added in Serbia. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 03 September 2026, from https://economy.statizoid.com/stat/industry-including-construction-value-added-percent-of-gdp/serbia/

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About this data

Indicator
Industry (including construction), value added (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
255 places, 11,347 data points, 1960–2025
Last refreshed

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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.