Textiles and clothing in Serbia
Serbia: Textiles and clothing was 5.5% in 2023. ▲ Rising
Textiles and clothing in Serbia, 2002–2023
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
In 2023, textiles and clothing in Serbia stood at 5.5%. That is the lowest value across all 22 years on record.
Compared with earlier readings it is down 4.1% on the previous year and down 24.9% over ten years.
Over the whole period, textiles and clothing in Serbia peaked at 7.9% in 2016 and was at its lowest, 5.5%, in 2023.
That places Serbia 60th out of 154 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Textiles and clothing in Serbia, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 2002 | 6.1% | — |
| 2003 | 6.1% | +0.0% |
| 2004 | 6.1% | +0.0% |
| 2005 | 6.1% | +0.0% |
| 2006 | 6.0% | -2.2% |
| 2007 | 6.0% | +0.2% |
| 2008 | 6.2% | +3.9% |
| 2009 | 6.2% | -0.4% |
| 2010 | 6.9% | +11.4% |
| 2011 | 6.8% | -2.0% |
| 2012 | 6.4% | -5.4% |
| 2013 | 7.3% | +13.9% |
| 2014 | 7.6% | +3.7% |
| 2015 | 7.8% | +2.7% |
| 2016 | 7.9% | +1.1% |
| 2017 | 7.3% | -7.0% |
| 2018 | 7.1% | -2.9% |
| 2019 | 7.7% | +7.8% |
| 2020 | 7.4% | -3.9% |
| 2021 | 6.7% | -9.3% |
| 2022 | 5.7% | -14.2% |
| 2023 | 5.5% | -4.1% |
Serbia compared with similar countries
- Serbia's 5.5% is above the median for upper middle income countries, which is 5.4%, 1.0× the median. (46 countries reporting)
- Serbia's 5.5% is above the median for Europe & Central Asia, which is 2.5%, 2.2× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.1% | 6.0% | 6.2% | 8 |
| 2010s | 7.3% | 6.4% | 7.9% | 10 |
| 2020s | 6.3% | 5.5% | 7.4% | 4 |
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 textiles and clothing in Serbia?
- Textiles and clothing in Serbia was 5.5% in 2023, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest textiles and clothing recorded in Serbia?
- The highest recorded value was 7.9% in 2016.
- What is the lowest textiles and clothing recorded in Serbia?
- The lowest recorded value was 5.5% in 2023.
- How does Serbia rank for textiles and clothing?
- Serbia ranks 60th out of 154 countries with data for 2023.
- Is textiles and clothing rising or falling in Serbia?
- Over the last ten years it is down 24.9%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Textiles and clothing (% of value added in manufacturing). Statizoid updates them automatically from the source API.
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About this data
Textiles and clothing refers to industries in ISIC (rev. 3) divisions 17-19 and includes manufacturing of textiles, apparel, dyeing of fur, and tanning of leather. 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 as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).