Share of manufacturing in gross domestic product (GDP) in Serbia
Serbia: Share of manufacturing in gross domestic product (GDP) was 12.7% in 2024. ▼ Falling
Share of manufacturing in gross domestic product (GDP) in Serbia, 1995–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for share of manufacturing in gross domestic product (gdp) in Serbia is 12.7%, measured in 2024. That is the lowest value across all 30 years on record.
The figure is down 4.5% on the previous year and down 30.4% over ten years.
Over the whole period, share of manufacturing in gross domestic product (gdp) in Serbia peaked at 28.1% in 2000 and was at its lowest, 12.7%, in 2024.
That places Serbia 71st out of 202 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.8% | 21.8% | 25.0% | 5 |
| 2000s | 21.7% | 16.2% | 28.1% | 10 |
| 2010s | 17.5% | 15.7% | 19.2% | 10 |
| 2020s | 14.0% | 12.7% | 14.8% | 5 |
Countries ranked near Serbia
More economy & growth data for Serbia
- External balance on goods and services as a percent of GDP -4.3% (2025)
- Inflation of consumer prices 3.9% (2025)
- GDP per capita 8,804 constant 2015 US$ (2025)
- Gross domestic product (GDP) 57.66 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 8,804 constant 2015 US$ (2025)
- DEC alternative conversion factor 103.97 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 637.18 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 6.13 billion current US$ (2025)
- Taxes less subsidies on products 1.52 trillion current LCU (2025)
- Taxes less subsidies on products 14.66 billion current US$ (2025)
Frequently asked questions
- What is share of manufacturing in gross domestic product (gdp) in Serbia?
- Share of manufacturing in gross domestic product (gdp) in Serbia was 12.7% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest share of manufacturing in gross domestic product (gdp) recorded in Serbia?
- The highest recorded value was 28.1% in 2000.
- What is the lowest share of manufacturing in gross domestic product (gdp) recorded in Serbia?
- The lowest recorded value was 12.7% in 2024.
- How does Serbia rank for share of manufacturing in gross domestic product (gdp)?
- Serbia ranks 71st out of 202 countries with data for 2024.
- Is share of manufacturing in gross domestic product (gdp) rising or falling in Serbia?
- Over the last ten years it is down 30.4%. The long-run trend across the full record is falling.
- Where does this Serbia data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Share of manufacturing in gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Manufacturing comprises units engaged in the physical, or chemical transformation of materials, substances, or components into new products.