Services, value added in Serbia
Serbia: Services, value added was 59.70 billion current US$ in 2025. ◆ Volatile
Services, value added in Serbia, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for services, value added in Serbia is 59.70 billion current US$, measured in 2025. That is the highest value across all 31 years on record.
That represents a change of up 12.7% on the previous year and up 179.0% over ten years.
Over the whole period, services, value added in Serbia peaked at 59.70 billion current US$ in 2025 and was at its lowest, 3.09 billion current US$, in 2000.
Serbia ranks 74th of 206 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Serbia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 7.90 billion current US$ | — |
| 1996 | 10.64 billion current US$ | +34.8% |
| 1997 | 12.80 billion current US$ | +20.3% |
| 1998 | 9.76 billion current US$ | -23.7% |
| 1999 | 9.51 billion current US$ | -2.6% |
| 2000 | 3.09 billion current US$ | -67.5% |
| 2001 | 5.73 billion current US$ | +85.5% |
| 2002 | 7.86 billion current US$ | +37.1% |
| 2003 | 11.20 billion current US$ | +42.5% |
| 2004 | 12.14 billion current US$ | +8.4% |
| 2005 | 13.60 billion current US$ | +12.1% |
| 2006 | 15.93 billion current US$ | +17.1% |
| 2007 | 22.29 billion current US$ | +40.0% |
| 2008 | 27.10 billion current US$ | +21.5% |
| 2009 | 25.34 billion current US$ | -6.5% |
| 2010 | 23.04 billion current US$ | -9.1% |
| 2011 | 26.79 billion current US$ | +16.3% |
| 2012 | 23.59 billion current US$ | -11.9% |
| 2013 | 25.77 billion current US$ | +9.2% |
| 2014 | 25.51 billion current US$ | -1.0% |
| 2015 | 21.40 billion current US$ | -16.1% |
| 2016 | 21.67 billion current US$ | +1.3% |
| 2017 | 23.93 billion current US$ | +10.4% |
| 2018 | 27.74 billion current US$ | +15.9% |
| 2019 | 28.65 billion current US$ | +3.3% |
| 2020 | 30.47 billion current US$ | +6.3% |
| 2021 | 35.90 billion current US$ | +17.8% |
| 2022 | 36.26 billion current US$ | +1.0% |
| 2023 | 47.01 billion current US$ | +29.6% |
| 2024 | 52.96 billion current US$ | +12.7% |
| 2025 | 59.70 billion current US$ | +12.7% |
Serbia compared with similar countries
- Serbia's 59.70 billion current US$ is above the median for upper middle income countries, which is 24.02 billion current US$, 2.5× the median. (58 countries reporting)
- Serbia's 59.70 billion current US$ is below the median for Europe & Central Asia, which is 66.18 billion current US$, 90% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.12 billion current US$ | 7.90 billion current US$ | 12.80 billion current US$ | 5 |
| 2000s | 14.43 billion current US$ | 3.09 billion current US$ | 27.10 billion current US$ | 10 |
| 2010s | 24.81 billion current US$ | 21.40 billion current US$ | 28.65 billion current US$ | 10 |
| 2020s | 43.72 billion current US$ | 30.47 billion current US$ | 59.70 billion current US$ | 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)
- 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$), annual growth rate 12.03 % change on previous year (2025)
Frequently asked questions
- What is services, value added in Serbia?
- Services, value added in Serbia was 59.70 billion current US$ 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 59.70 billion current US$ in 2025.
- What is the lowest services, value added recorded in Serbia?
- The lowest recorded value was 3.09 billion current US$ in 2000.
- How does Serbia rank for services, value added?
- Serbia ranks 74th out of 206 countries with data for 2025.
- Is services, value added rising or falling in Serbia?
- Over the last ten years it is up 179.0%. The long-run trend across the full record is volatile.
- 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 (current 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.