Services, value added in Serbia
Serbia: Services, value added was 32.53 billion constant 2015 US$ in 2025. ▲ Rising
Services, value added in Serbia, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2025, services, value added in Serbia stood at 32.53 billion constant 2015 US$. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 2.7% on the previous year and up 52.0% over ten years.
Over the whole period, services, value added in Serbia peaked at 32.53 billion constant 2015 US$ in 2025 and was at its lowest, 11.91 billion constant 2015 US$, in 1995.
That places Serbia 80th out of 196 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Services, value added in Serbia, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 11.91 billion constant 2015 US$ | — |
| 1996 | 12.11 billion constant 2015 US$ | +1.7% |
| 1997 | 13.28 billion constant 2015 US$ | +9.6% |
| 1998 | 14.28 billion constant 2015 US$ | +7.5% |
| 1999 | 12.91 billion constant 2015 US$ | -9.6% |
| 2000 | 13.71 billion constant 2015 US$ | +6.2% |
| 2001 | 14.33 billion constant 2015 US$ | +4.5% |
| 2002 | 15.27 billion constant 2015 US$ | +6.6% |
| 2003 | 16.29 billion constant 2015 US$ | +6.7% |
| 2004 | 16.35 billion constant 2015 US$ | +0.3% |
| 2005 | 17.82 billion constant 2015 US$ | +9.0% |
| 2006 | 18.20 billion constant 2015 US$ | +2.1% |
| 2007 | 20.11 billion constant 2015 US$ | +10.5% |
| 2008 | 21.54 billion constant 2015 US$ | +7.1% |
| 2009 | 22.02 billion constant 2015 US$ | +2.2% |
| 2010 | 22.39 billion constant 2015 US$ | +1.7% |
| 2011 | 22.18 billion constant 2015 US$ | -1.0% |
| 2012 | 22.43 billion constant 2015 US$ | +1.1% |
| 2013 | 21.46 billion constant 2015 US$ | -4.3% |
| 2014 | 21.29 billion constant 2015 US$ | -0.8% |
| 2015 | 21.40 billion constant 2015 US$ | +0.5% |
| 2016 | 22.00 billion constant 2015 US$ | +2.8% |
| 2017 | 22.92 billion constant 2015 US$ | +4.2% |
| 2018 | 24.19 billion constant 2015 US$ | +5.6% |
| 2019 | 25.54 billion constant 2015 US$ | +5.6% |
| 2020 | 25.55 billion constant 2015 US$ | +0.0% |
| 2021 | 27.72 billion constant 2015 US$ | +8.5% |
| 2022 | 28.87 billion constant 2015 US$ | +4.2% |
| 2023 | 30.31 billion constant 2015 US$ | +5.0% |
| 2024 | 31.68 billion constant 2015 US$ | +4.5% |
| 2025 | 32.53 billion constant 2015 US$ | +2.7% |
Serbia compared with similar countries
- Serbia's 32.53 billion constant 2015 US$ is above the median for upper middle income countries, which is 26.58 billion constant 2015 US$, 1.2× the median. (58 countries reporting)
- Serbia's 32.53 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 47.31 billion constant 2015 US$, 69% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.90 billion constant 2015 US$ | 11.91 billion constant 2015 US$ | 14.28 billion constant 2015 US$ | 5 |
| 2000s | 17.56 billion constant 2015 US$ | 13.71 billion constant 2015 US$ | 22.02 billion constant 2015 US$ | 10 |
| 2010s | 22.58 billion constant 2015 US$ | 21.29 billion constant 2015 US$ | 25.54 billion constant 2015 US$ | 10 |
| 2020s | 29.44 billion constant 2015 US$ | 25.55 billion constant 2015 US$ | 32.53 billion constant 2015 US$ | 6 |
Countries ranked near Serbia
- 77 Uruguay 39.23 billion constant 2015 US$ compare
- 78 Lithuania 34.34 billion constant 2015 US$ compare
- 79 Ghana 33.47 billion constant 2015 US$ compare
- 81 Turkmenistan 31.44 billion constant 2015 US$ compare
- 82 Slovenia 31.30 billion constant 2015 US$ compare
- 83 Tanzania 31.09 billion constant 2015 US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.33 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0133 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 203.25 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.94 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -29.57 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0394 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 600.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.03 % change on previous year (2025)
Frequently asked questions
- What is services, value added in Serbia?
- Services, value added in Serbia was 32.53 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Serbia?
- The highest recorded value was 32.53 billion constant 2015 US$ in 2025.
- What is the lowest services, value added recorded in Serbia?
- The lowest recorded value was 11.91 billion constant 2015 US$ in 1995.
- How does Serbia rank for services, value added?
- Serbia ranks 80th out of 196 countries with data for 2025.
- Is services, value added rising or falling in Serbia?
- Over the last ten years it is up 52.0%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.