Manufacturing, value added (constant LCU), per unit of GDP in Serbia

Serbia: Manufacturing, value added (constant LCU), per unit of GDP was 11.27 constant LCU per US$ of GDP in 2024. ◆ Volatile

Latest (2024)
11.27 constant LCU per US$ of GDP
Change on year
down 5.6%
World rank
47th
of 190 countries
All-time high
83.2 constant LCU per US$ of GDP
in 2000
All-time low
11.27 constant LCU per US$ of GDP
in 2024
Years of data
30
1995–2024

Manufacturing, value added (constant LCU), per unit of GDP in Serbia, 1995–2024

204060801995200920241995: 26.4 constant LCU per US$ of GDP1996: 22.5 constant LCU per US$ of GDP1997: 21.5 constant LCU per US$ of GDP1998: 29.9 constant LCU per US$ of GDP1999: 25.1 constant LCU per US$ of GDP2000: 83.2 constant LCU per US$ of GDP2001: 46.7 constant LCU per US$ of GDP2002: 38.6 constant LCU per US$ of GDP2003: 29.7 constant LCU per US$ of GDP2004: 28.2 constant LCU per US$ of GDP2005: 27.8 constant LCU per US$ of GDP2006: 24.3 constant LCU per US$ of GDP2007: 19 constant LCU per US$ of GDP2008: 16 constant LCU per US$ of GDP2009: 15.9 constant LCU per US$ of GDP2010: 17.5 constant LCU per US$ of GDP2011: 15.1 constant LCU per US$ of GDP2012: 17.4 constant LCU per US$ of GDP2013: 17.9 constant LCU per US$ of GDP2014: 17.6 constant LCU per US$ of GDP2015: 21.4 constant LCU per US$ of GDP2016: 21.3 constant LCU per US$ of GDP2017: 20.1 constant LCU per US$ of GDP2018: 17.8 constant LCU per US$ of GDP2019: 17.2 constant LCU per US$ of GDP2020: 16.3 constant LCU per US$ of GDP2021: 14.4 constant LCU per US$ of GDP2022: 14.4 constant LCU per US$ of GDP2023: 11.9 constant LCU per US$ of GDP2024: 11.3 constant LCU per US$ of GDP

Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.

Analysis

Serbia recorded 11.27 constant LCU per US$ of GDP for manufacturing, value added (constant lcu), per unit of gdp in 2024. That is the lowest value across all 30 years on record.

Compared with earlier readings it is down 5.6% on the previous year and down 36.0% over ten years.

Over the whole period, manufacturing, value added (constant lcu), per unit of gdp in Serbia peaked at 83.2 constant LCU per US$ of GDP in 2000 and was at its lowest, 11.27 constant LCU per US$ of GDP, in 2024.

Serbia ranks 47th of 190 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Manufacturing, value added (constant LCU), per unit of GDP in Serbia, year by year

Annual values for Manufacturing, value added (constant LCU), per unit of GDP in Serbia, 1995 to 2024.
Year constant LCU per US$ of GDP Change
1995 26.38 constant LCU per US$ of GDP
1996 22.52 constant LCU per US$ of GDP -14.6%
1997 21.51 constant LCU per US$ of GDP -4.5%
1998 29.87 constant LCU per US$ of GDP +38.9%
1999 25.11 constant LCU per US$ of GDP -15.9%
2000 83.2 constant LCU per US$ of GDP +231.3%
2001 46.73 constant LCU per US$ of GDP -43.8%
2002 38.56 constant LCU per US$ of GDP -17.5%
2003 29.68 constant LCU per US$ of GDP -23.0%
2004 28.18 constant LCU per US$ of GDP -5.1%
2005 27.84 constant LCU per US$ of GDP -1.2%
2006 24.3 constant LCU per US$ of GDP -12.7%
2007 18.96 constant LCU per US$ of GDP -22.0%
2008 15.98 constant LCU per US$ of GDP -15.7%
2009 15.9 constant LCU per US$ of GDP -0.5%
2010 17.47 constant LCU per US$ of GDP +9.8%
2011 15.13 constant LCU per US$ of GDP -13.4%
2012 17.38 constant LCU per US$ of GDP +14.9%
2013 17.91 constant LCU per US$ of GDP +3.1%
2014 17.62 constant LCU per US$ of GDP -1.6%
2015 21.43 constant LCU per US$ of GDP +21.6%
2016 21.34 constant LCU per US$ of GDP -0.4%
2017 20.1 constant LCU per US$ of GDP -5.8%
2018 17.76 constant LCU per US$ of GDP -11.7%
2019 17.25 constant LCU per US$ of GDP -2.9%
2020 16.3 constant LCU per US$ of GDP -5.5%
2021 14.39 constant LCU per US$ of GDP -11.7%
2022 14.4 constant LCU per US$ of GDP +0.1%
2023 11.93 constant LCU per US$ of GDP -17.1%
2024 11.27 constant LCU per US$ of GDP -5.6%

Serbia compared with similar countries

  • Serbia's 11.27 constant LCU per US$ of GDP is above the median for upper middle income countries, which is 0.6295 constant LCU per US$ of GDP, 17.9× the median. (56 countries reporting)
  • Serbia's 11.27 constant LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.1578 constant LCU per US$ of GDP, 71.4× the median. (51 countries reporting)

Biggest year-on-year movements

Years where Manufacturing, value added (constant LCU), per unit of GDP 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.

YearChange FromTo
2000 +231.3% 25.11 constant LCU per US$ of GDP 83.2 constant LCU per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1990s 25.08 constant LCU per US$ of GDP 21.51 constant LCU per US$ of GDP 29.87 constant LCU per US$ of GDP 5
2000s 32.93 constant LCU per US$ of GDP 15.9 constant LCU per US$ of GDP 83.2 constant LCU per US$ of GDP 10
2010s 18.34 constant LCU per US$ of GDP 15.13 constant LCU per US$ of GDP 21.43 constant LCU per US$ of GDP 10
2020s 13.66 constant LCU per US$ of GDP 11.27 constant LCU per US$ of GDP 16.3 constant LCU per US$ of GDP 5

Countries ranked near Serbia

  1. 44 Congo, Democratic Republic of the 17.87 constant LCU per US$ of GDP compare
  2. 45 India 12.09 constant LCU per US$ of GDP compare
  3. 46 Pakistan 11.89 constant LCU per US$ of GDP compare
  4. 48 Angola 9.9 constant LCU per US$ of GDP compare
  5. 49 Philippines 8.25 constant LCU per US$ of GDP compare
  6. 50 Iceland 7.42 constant LCU per US$ of GDP compare

See the full ranking of 191 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is manufacturing, value added (constant lcu), per unit of gdp in Serbia?
Manufacturing, value added (constant lcu), per unit of gdp in Serbia was 11.27 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest manufacturing, value added (constant lcu), per unit of gdp recorded in Serbia?
The highest recorded value was 83.2 constant LCU per US$ of GDP in 2000.
What is the lowest manufacturing, value added (constant lcu), per unit of gdp recorded in Serbia?
The lowest recorded value was 11.27 constant LCU per US$ of GDP in 2024.
How does Serbia rank for manufacturing, value added (constant lcu), per unit of gdp?
Serbia ranks 47th out of 190 countries with data for 2024.
Is manufacturing, value added (constant lcu), per unit of gdp rising or falling in Serbia?
Over the last ten years it is down 36.0%. The long-run trend across the full record is volatile.
Where does this Serbia data come from?
The figures come from Statizoid (derived), published as part of Manufacturing, value added (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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Manufacturing, value added (constant LCU), per unit of GDP in Serbia. Statizoid, drawing on Statizoid (derived). Retrieved 14 September 2026, from https://economy.statizoid.com/stat/manufacturing-value-added-constant-lcu-per-unit-of-gdp/serbia/

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How this figure is calculated

Manufacturing, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Manufacturing, value added (constant LCU) ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Manufacturing, value added (constant LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
191 places, 7,632 data points, 1960–2025
Last refreshed

Manufacturing, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.