Value Added (Manufacture of tobacco products) — Value Standard Local in Serbia
Serbia: Value Added (Manufacture of tobacco products) — Value Standard Local was 8,773 million SLC in 2022. ▼ Falling
Value Added (Manufacture of tobacco products) — Value Standard Local in Serbia, 2002–2022
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Serbia recorded 8,773 million SLC for value added (manufacture of tobacco products) — value standard local in 2022.
That represents a change of up 1.9% on the previous year and up 166.3% over ten years.
Over the whole period, value added (manufacture of tobacco products) — value standard local in Serbia peaked at 17,790 million SLC in 2006 and was at its lowest, 3,294 million SLC, in 2012.
Serbia ranks 10th of 27 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Value Added (Manufacture of tobacco products) — Value Standard Local in Serbia, year by year
| Year | million SLC | Change |
|---|---|---|
| 2002 | 9,568 million SLC | — |
| 2003 | 9,731 million SLC | +1.7% |
| 2004 | 10,528 million SLC | +8.2% |
| 2005 | 10,774 million SLC | +2.3% |
| 2006 | 17,790 million SLC | +65.1% |
| 2007 | 13,358 million SLC | -24.9% |
| 2008 | 13,706 million SLC | +2.6% |
| 2009 | 8,452 million SLC | -38.3% |
| 2010 | 7,110 million SLC | -15.9% |
| 2011 | 5,156 million SLC | -27.5% |
| 2012 | 3,294 million SLC | -36.1% |
| 2013 | 4,236 million SLC | +28.6% |
| 2014 | 4,658 million SLC | +10.0% |
| 2015 | 6,811 million SLC | +46.2% |
| 2016 | 8,452 million SLC | +24.1% |
| 2017 | 10,393 million SLC | +23.0% |
| 2018 | 9,480 million SLC | -8.8% |
| 2019 | 9,267 million SLC | -2.3% |
| 2020 | 10,636 million SLC | +14.8% |
| 2021 | 8,606 million SLC | -19.1% |
| 2022 | 8,773 million SLC | +1.9% |
Serbia compared with similar countries
- Serbia's 8,773 million SLC is above the median for upper middle income countries, which is 2,087 million SLC, 4.2× the median. (14 countries reporting)
- Serbia's 8,773 million SLC is above the median for Europe & Central Asia, which is 1,822 million SLC, 4.8× the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11,738 million SLC | 8,452 million SLC | 17,790 million SLC | 8 |
| 2010s | 6,886 million SLC | 3,294 million SLC | 10,393 million SLC | 10 |
| 2020s | 9,339 million SLC | 8,606 million SLC | 10,636 million SLC | 3 |
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 value added (manufacture of tobacco products) — value standard local in Serbia?
- Value added (manufacture of tobacco products) — value standard local in Serbia was 8,773 million SLC in 2022, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (manufacture of tobacco products) — value standard local recorded in Serbia?
- The highest recorded value was 17,790 million SLC in 2006.
- What is the lowest value added (manufacture of tobacco products) — value standard local recorded in Serbia?
- The lowest recorded value was 3,294 million SLC in 2012.
- How does Serbia rank for value added (manufacture of tobacco products) — value standard local?
- Serbia ranks 10th out of 27 countries with data for 2022.
- Is value added (manufacture of tobacco products) — value standard local rising or falling in Serbia?
- Over the last ten years it is up 166.3%. The long-run trend across the full record is falling.
- Where does this Serbia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Manufacture of tobacco products) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).