Services, value added (constant LCU) in Serbia
Serbia: Services, value added (constant LCU) was 4.19 trillion constant LCU in 2025. ▲ Rising
Services, value added in Serbia, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
Serbia recorded 4.19 trillion constant LCU for services, value added in 2025. 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 4.19 trillion constant LCU in 2025 and was at its lowest, 1.53 trillion constant LCU, in 1995.
That places Serbia 47th out of 199 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Services, value added (constant LCU) in Serbia, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1995 | 1.53 trillion constant LCU | — |
| 1996 | 1.56 trillion constant LCU | +1.7% |
| 1997 | 1.71 trillion constant LCU | +9.6% |
| 1998 | 1.84 trillion constant LCU | +7.5% |
| 1999 | 1.66 trillion constant LCU | -9.6% |
| 2000 | 1.76 trillion constant LCU | +6.2% |
| 2001 | 1.84 trillion constant LCU | +4.5% |
| 2002 | 1.97 trillion constant LCU | +6.6% |
| 2003 | 2.10 trillion constant LCU | +6.7% |
| 2004 | 2.10 trillion constant LCU | +0.3% |
| 2005 | 2.29 trillion constant LCU | +9.0% |
| 2006 | 2.34 trillion constant LCU | +2.1% |
| 2007 | 2.59 trillion constant LCU | +10.5% |
| 2008 | 2.77 trillion constant LCU | +7.1% |
| 2009 | 2.83 trillion constant LCU | +2.2% |
| 2010 | 2.88 trillion constant LCU | +1.7% |
| 2011 | 2.85 trillion constant LCU | -1.0% |
| 2012 | 2.89 trillion constant LCU | +1.1% |
| 2013 | 2.76 trillion constant LCU | -4.3% |
| 2014 | 2.74 trillion constant LCU | -0.8% |
| 2015 | 2.75 trillion constant LCU | +0.5% |
| 2016 | 2.83 trillion constant LCU | +2.8% |
| 2017 | 2.95 trillion constant LCU | +4.2% |
| 2018 | 3.11 trillion constant LCU | +5.6% |
| 2019 | 3.29 trillion constant LCU | +5.6% |
| 2020 | 3.29 trillion constant LCU | +0.0% |
| 2021 | 3.57 trillion constant LCU | +8.5% |
| 2022 | 3.72 trillion constant LCU | +4.2% |
| 2023 | 3.90 trillion constant LCU | +5.0% |
| 2024 | 4.08 trillion constant LCU | +4.5% |
| 2025 | 4.19 trillion constant LCU | +2.7% |
Serbia compared with similar countries
- Serbia's 4.19 trillion constant LCU is above the median for upper middle income countries, which is 353.44 billion constant LCU, 11.8× the median. (58 countries reporting)
- Serbia's 4.19 trillion constant LCU is above the median for Europe & Central Asia, which is 280.65 billion constant LCU, 14.9× the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.66 trillion constant LCU | 1.53 trillion constant LCU | 1.84 trillion constant LCU | 5 |
| 2000s | 2.26 trillion constant LCU | 1.76 trillion constant LCU | 2.83 trillion constant LCU | 10 |
| 2010s | 2.91 trillion constant LCU | 2.74 trillion constant LCU | 3.29 trillion constant LCU | 10 |
| 2020s | 3.79 trillion constant LCU | 3.29 trillion constant LCU | 4.19 trillion constant LCU | 6 |
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0213 units per US$ of GDP (2025)
Frequently asked questions
- What is services, value added in Serbia?
- Services, value added in Serbia was 4.19 trillion constant LCU 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 4.19 trillion constant LCU in 2025.
- What is the lowest services, value added recorded in Serbia?
- The lowest recorded value was 1.53 trillion constant LCU in 1995.
- How does Serbia rank for services, value added?
- Serbia ranks 47th out of 199 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 LCU). Statizoid updates them automatically from the source API.
Download this data
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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 defence, 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 varies by country. This series is expressed in local currency units.