Manufacturing value added to gdp in Serbia
Serbia: Manufacturing value added to gdp was 12.69 in 2024. ▼ Falling
Manufacturing value added to gdp in Serbia, 1995–2024
Source: Our World in Data.
Analysis
The most recent figure for manufacturing value added to gdp in Serbia is 12.69, 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, manufacturing value added to gdp in Serbia peaked at 28.14 in 2000 and was at its lowest, 12.69, 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.
Manufacturing value added to gdp in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 25.04 | — |
| 1996 | 22.67 | -9.5% |
| 1997 | 21.82 | -3.8% |
| 1998 | 22.11 | +1.3% |
| 1999 | 22.2 | +0.4% |
| 2000 | 28.14 | +26.7% |
| 2001 | 25.8 | -8.3% |
| 2002 | 23.55 | -8.7% |
| 2003 | 20.96 | -11.0% |
| 2004 | 21.75 | +3.8% |
| 2005 | 21.04 | -3.3% |
| 2006 | 20.74 | -1.4% |
| 2007 | 19.79 | -4.6% |
| 2008 | 19.01 | -4.0% |
| 2009 | 16.25 | -14.5% |
| 2010 | 16.9 | +4.0% |
| 2011 | 16.95 | +0.3% |
| 2012 | 17.39 | +2.6% |
| 2013 | 19.18 | +10.3% |
| 2014 | 18.22 | -5.0% |
| 2015 | 17.81 | -2.3% |
| 2016 | 17.75 | -0.3% |
| 2017 | 17.7 | -0.3% |
| 2018 | 16.91 | -4.5% |
| 2019 | 15.7 | -7.2% |
| 2020 | 14.85 | -5.4% |
| 2021 | 14.47 | -2.5% |
| 2022 | 14.84 | +2.5% |
| 2023 | 13.29 | -10.4% |
| 2024 | 12.69 | -4.5% |
Serbia compared with similar countries
- Serbia's 12.69 is above the median for upper middle income countries, which is 11.5, 1.1× the median. (58 countries reporting)
- Serbia's 12.69 is above the median for Europe & Central Asia, which is 12.03, 1.1× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.77 | 21.82 | 25.04 | 5 |
| 2000s | 21.7 | 16.25 | 28.14 | 10 |
| 2010s | 17.45 | 15.7 | 19.18 | 10 |
| 2020s | 14.03 | 12.69 | 14.85 | 5 |
Countries ranked near Serbia
More economy & growth data for Serbia
- Real gdp growth, annual growth rate -48.61 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 2.19 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5822 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.6 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is manufacturing value added to gdp in Serbia?
- Manufacturing value added to gdp in Serbia was 12.69 in 2024, according to Our World in Data.
- What is the highest manufacturing value added to gdp recorded in Serbia?
- The highest recorded value was 28.14 in 2000.
- What is the lowest manufacturing value added to gdp recorded in Serbia?
- The lowest recorded value was 12.69 in 2024.
- How does Serbia rank for manufacturing value added to gdp?
- Serbia ranks 71st out of 202 countries with data for 2024.
- Is manufacturing value added to 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 Our World in Data, published as part of Manufacturing value added to gdp. Statizoid updates them automatically from the source API.
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