Services, value added per worker (constant 2015 US$) in Serbia
Serbia: Services, value added per worker (constant 2015 US$) was 19,211 constant 2015 US$ in 2025. ▲ Rising
Services, value added per worker in Serbia, 1995–2025
Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.
Analysis
In 2025, services, value added per worker in Serbia stood at 19,211 constant 2015 US$.
The figure is up 2.1% on the previous year and up 16.4% over ten years.
Over the whole period, services, value added per worker in Serbia peaked at 19,596 constant 2015 US$ in 2012 and was at its lowest, 9,611 constant 2015 US$, in 1995.
Serbia ranks 75th of 176 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Services, value added per worker (constant 2015 US$) in Serbia, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 9,611 constant 2015 US$ | — |
| 1996 | 9,778 constant 2015 US$ | +1.7% |
| 1997 | 10,894 constant 2015 US$ | +11.4% |
| 1998 | 11,726 constant 2015 US$ | +7.6% |
| 1999 | 10,300 constant 2015 US$ | -12.2% |
| 2000 | 10,794 constant 2015 US$ | +4.8% |
| 2001 | 11,270 constant 2015 US$ | +4.4% |
| 2002 | 12,118 constant 2015 US$ | +7.5% |
| 2003 | 13,091 constant 2015 US$ | +8.0% |
| 2004 | 13,667 constant 2015 US$ | +4.4% |
| 2005 | 15,391 constant 2015 US$ | +12.6% |
| 2006 | 15,302 constant 2015 US$ | -0.6% |
| 2007 | 16,492 constant 2015 US$ | +7.8% |
| 2008 | 16,831 constant 2015 US$ | +2.1% |
| 2009 | 17,626 constant 2015 US$ | +4.7% |
| 2010 | 18,611 constant 2015 US$ | +5.6% |
| 2011 | 19,390 constant 2015 US$ | +4.2% |
| 2012 | 19,596 constant 2015 US$ | +1.1% |
| 2013 | 17,809 constant 2015 US$ | -9.1% |
| 2014 | 16,771 constant 2015 US$ | -5.8% |
| 2015 | 16,502 constant 2015 US$ | -1.6% |
| 2016 | 15,773 constant 2015 US$ | -4.4% |
| 2017 | 15,793 constant 2015 US$ | +0.1% |
| 2018 | 16,514 constant 2015 US$ | +4.6% |
| 2019 | 17,083 constant 2015 US$ | +3.4% |
| 2020 | 16,947 constant 2015 US$ | -0.8% |
| 2021 | 17,639 constant 2015 US$ | +4.1% |
| 2022 | 18,180 constant 2015 US$ | +3.1% |
| 2023 | 18,596 constant 2015 US$ | +2.3% |
| 2024 | 18,819 constant 2015 US$ | +1.2% |
| 2025 | 19,211 constant 2015 US$ | +2.1% |
Serbia compared with similar countries
- Serbia's 19,211 constant 2015 US$ is above the median for upper middle income countries, which is 17,624 constant 2015 US$, 1.1× the median. (53 countries reporting)
- Serbia's 19,211 constant 2015 US$ is below the median for Europe & Central Asia, which is 36,689 constant 2015 US$, 52% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10,462 constant 2015 US$ | 9,611 constant 2015 US$ | 11,726 constant 2015 US$ | 5 |
| 2000s | 14,258 constant 2015 US$ | 10,794 constant 2015 US$ | 17,626 constant 2015 US$ | 10 |
| 2010s | 17,384 constant 2015 US$ | 15,773 constant 2015 US$ | 19,596 constant 2015 US$ | 10 |
| 2020s | 18,232 constant 2015 US$ | 16,947 constant 2015 US$ | 19,211 constant 2015 US$ | 6 |
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 services, value added per worker in Serbia?
- Services, value added per worker in Serbia was 19,211 constant 2015 US$ in 2025, according to World Development Indicators database, World Bank (WB).
- What is the highest services, value added per worker recorded in Serbia?
- The highest recorded value was 19,596 constant 2015 US$ in 2012.
- What is the lowest services, value added per worker recorded in Serbia?
- The lowest recorded value was 9,611 constant 2015 US$ in 1995.
- How does Serbia rank for services, value added per worker?
- Serbia ranks 75th out of 176 countries with data for 2025.
- Is services, value added per worker rising or falling in Serbia?
- Over the last ten years it is up 16.4%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from World Development Indicators database, World Bank (WB), published as part of Services, value added per worker (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 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. The core indicator has been divided by the number of workers in the economy to derive a measure of labor productivity. 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.