Labour productivity by main economic activity - Regions in Serbia
Serbia: Labour productivity by main economic activity - Regions was 43,411 US dollars per worker, PPP converted in 2024. ▲ Rising
Labour productivity by main economic activity - Regions in Serbia, 2000–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars per worker, PPP converted.
Analysis
Serbia recorded 43,411 US dollars per worker, PPP converted for labour productivity by main economic activity - regions in 2024. That is the highest value across all 25 years on record.
The figure is up 4.1% on the previous year and up 35.5% over ten years.
Over the whole period, labour productivity by main economic activity - regions in Serbia peaked at 43,411 US dollars per worker, PPP converted in 2024 and was at its lowest, 17,859 US dollars per worker, PPP converted, in 2000.
That places Serbia 39th out of 41 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Labour productivity by main economic activity - Regions in Serbia, year by year
| Year | US dollars per worker, PPP converted | Change |
|---|---|---|
| 2000 | 17,859 US dollars per worker, PPP converted | — |
| 2001 | 19,218 US dollars per worker, PPP converted | +7.6% |
| 2002 | 20,760 US dollars per worker, PPP converted | +8.0% |
| 2003 | 22,004 US dollars per worker, PPP converted | +6.0% |
| 2004 | 23,045 US dollars per worker, PPP converted | +4.7% |
| 2005 | 24,721 US dollars per worker, PPP converted | +7.3% |
| 2006 | 25,951 US dollars per worker, PPP converted | +5.0% |
| 2007 | 28,126 US dollars per worker, PPP converted | +8.4% |
| 2008 | 29,612 US dollars per worker, PPP converted | +5.3% |
| 2009 | 29,538 US dollars per worker, PPP converted | -0.3% |
| 2010 | 30,846 US dollars per worker, PPP converted | +4.4% |
| 2011 | 31,421 US dollars per worker, PPP converted | +1.9% |
| 2012 | 31,390 US dollars per worker, PPP converted | -0.1% |
| 2013 | 32,399 US dollars per worker, PPP converted | +3.2% |
| 2014 | 32,036 US dollars per worker, PPP converted | -1.1% |
| 2015 | 32,329 US dollars per worker, PPP converted | +0.9% |
| 2016 | 33,016 US dollars per worker, PPP converted | +2.1% |
| 2017 | 33,470 US dollars per worker, PPP converted | +1.4% |
| 2018 | 34,660 US dollars per worker, PPP converted | +3.6% |
| 2019 | 36,219 US dollars per worker, PPP converted | +4.5% |
| 2020 | 36,359 US dollars per worker, PPP converted | +0.4% |
| 2021 | 38,823 US dollars per worker, PPP converted | +6.8% |
| 2022 | 39,830 US dollars per worker, PPP converted | +2.6% |
| 2023 | 41,683 US dollars per worker, PPP converted | +4.7% |
| 2024 | 43,411 US dollars per worker, PPP converted | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24,084 US dollars per worker, PPP converted | 17,859 US dollars per worker, PPP converted | 29,612 US dollars per worker, PPP converted | 10 |
| 2010s | 32,779 US dollars per worker, PPP converted | 30,846 US dollars per worker, PPP converted | 36,219 US dollars per worker, PPP converted | 10 |
| 2020s | 40,021 US dollars per worker, PPP converted | 36,359 US dollars per worker, PPP converted | 43,411 US dollars per worker, PPP converted | 5 |
Countries ranked near Serbia
- 36 Chile 56,054 US dollars per worker, PPP converted compare
- 37 North Macedonia 48,469 US dollars per worker, PPP converted compare
- 38 Mexico 44,723 US dollars per worker, PPP converted compare
- 40 Colombia 37,695 US dollars per worker, PPP converted compare
- 41 Bulgaria 26,790 US dollars per worker, PPP converted compare
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)
- GDP (constant 2015 US$), annual growth rate 2.03 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.5769 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 8,804 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 2.03 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 74.35 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 1.13 million constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 3.44 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1908 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is labour productivity by main economic activity - regions in Serbia?
- Labour productivity by main economic activity - regions in Serbia was 43,411 US dollars per worker, PPP converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest labour productivity by main economic activity - regions recorded in Serbia?
- The highest recorded value was 43,411 US dollars per worker, PPP converted in 2024.
- What is the lowest labour productivity by main economic activity - regions recorded in Serbia?
- The lowest recorded value was 17,859 US dollars per worker, PPP converted in 2000.
- How does Serbia rank for labour productivity by main economic activity - regions?
- Serbia ranks 39th out of 41 countries with data for 2024.
- Is labour productivity by main economic activity - regions rising or falling in Serbia?
- Over the last ten years it is up 35.5%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Labour productivity by main economic activity - Regions. Statizoid updates them automatically from the source API.
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About this data
This dataset provides indicators on labour productivity, in large regions (TL2) and small regions (TL3). Data source and definition Labour productivity is measured as gross value added per employment at place of work by main economic activity. Regional gross value added and employment data are collected from Eurostat for EU countries and from the OECD Working Party on Territorial Indicators (WPTI) delegates or national statistical offices for other countries. To ensure comparability across time and countries, current-price data are converted into constant prices and PPPs. National deflators are used in this dataflow, constant prices measures based on regional deflators are available in the ROPI dataflows. See the Regional data sources. Definition of regions Regions are subnational units below national boundaries. OECD countries have two regional levels: large regions (territorial level 2 or TL2) and small regions (territorial level 3 or TL3). See the OECD Territorial grid. Use of economic data on small regions TL3 regions are grouped into typologies based on shared characteristics. For economic analysis, TL3 regions belonging to the same Functional Urban Area (FUA) with more than 250,000 inhabitants are aggregated into a single metropolitan region to reduce distortions from commuting. See the OECD Territorial Correspondence Table. Cite this dataset OECD Regions, Cities and Local Areas database http://oe.cd/geostats. Further information OECD Regions and Cities Statistical Atlas OECD Regions and Cities at a Glance For questions and/or comments, please email RegionStat@oecd.org.