Manufacturing, value added in Serbia
Serbia: Manufacturing, value added was 4.6% in 2024. ◆ Volatile
Manufacturing, value added in Serbia, 1996–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for manufacturing, value added in Serbia is 4.6%, measured in 2024.
The figure is up 411.7% on the previous year and up 207.7% over ten years.
Over the whole period, manufacturing, value added in Serbia peaked at 16.3% in 2000 and was at its lowest, -16.4%, in 1999.
Serbia ranks 60th of 190 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.
Manufacturing, value added in Serbia, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1996 | 10.9% | — |
| 1997 | 11.4% | +4.6% |
| 1998 | 7.4% | -34.8% |
| 1999 | -16.4% | -321.2% |
| 2000 | 16.3% | -199.0% |
| 2001 | 4.3% | -73.8% |
| 2002 | 8.8% | +106.6% |
| 2003 | 1.3% | -85.4% |
| 2004 | 8.0% | +526.6% |
| 2005 | 4.3% | -46.8% |
| 2006 | 2.6% | -39.4% |
| 2007 | 5.2% | +99.1% |
| 2008 | 1.8% | -64.9% |
| 2009 | -13.8% | -862.6% |
| 2010 | 1.8% | -113.3% |
| 2011 | 1.9% | +5.1% |
| 2012 | 1.1% | -42.2% |
| 2013 | 15.3% | +1267.9% |
| 2014 | -4.3% | -127.9% |
| 2015 | 2.3% | -153.4% |
| 2016 | 1.8% | -19.8% |
| 2017 | 2.6% | +39.8% |
| 2018 | 1.4% | -43.9% |
| 2019 | -0.9% | -161.9% |
| 2020 | -2.0% | +124.2% |
| 2021 | 4.5% | -327.7% |
| 2022 | 1.1% | -76.3% |
| 2023 | 0.9% | -16.4% |
| 2024 | 4.6% | +411.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.3% | -16.4% | 11.4% | 4 |
| 2000s | 3.9% | -13.8% | 16.3% | 10 |
| 2010s | 2.3% | -4.3% | 15.3% | 10 |
| 2020s | 1.8% | -2.0% | 4.6% | 5 |
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)
- 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 manufacturing, value added in Serbia?
- Manufacturing, value added in Serbia was 4.6% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Serbia?
- The highest recorded value was 16.3% in 2000.
- What is the lowest manufacturing, value added recorded in Serbia?
- The lowest recorded value was -16.4% in 1999.
- How does Serbia rank for manufacturing, value added?
- Serbia ranks 60th out of 190 countries with data for 2024.
- Is manufacturing, value added rising or falling in Serbia?
- Over the last ten years it is up 207.7%. 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 Manufacturing, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.