Value Added (Total Manufacturing) — Value Standard Local Currency in Serbia

Serbia: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.1727 million SLC per person in 2023. ◆ Volatile

Latest (2023)
0.1727 million SLC per person
Change on year
up 20.0%
World rank
31st
of 194 countries
All-time high
0.1727 million SLC per person
in 2023
All-time low
0 million SLC per person
in 1990
Years of data
34
1990–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in Serbia, 1990–2023

00.050.10.151990200620231990: 0 million SLC per person1991: 0 million SLC per person1992: 0 million SLC per person1993: 0.001 million SLC per person1994: 0.001 million SLC per person1995: 0.002 million SLC per person1996: 0.003 million SLC per person1997: 0.004 million SLC per person1998: 0.005 million SLC per person1999: 0.007 million SLC per person2000: 0.016 million SLC per person2001: 0.029 million SLC per person2002: 0.033 million SLC per person2003: 0.035 million SLC per person2004: 0.042 million SLC per person2005: 0.048 million SLC per person2006: 0.055 million SLC per person2007: 0.061 million SLC per person2008: 0.068 million SLC per person2009: 0.062 million SLC per person2010: 0.068 million SLC per person2011: 0.076 million SLC per person2012: 0.084 million SLC per person2013: 0.093 million SLC per person2014: 0.087 million SLC per person2015: 0.09 million SLC per person2016: 0.095 million SLC per person2017: 0.102 million SLC per person2018: 0.106 million SLC per person2019: 0.107 million SLC per person2020: 0.106 million SLC per person2021: 0.119 million SLC per person2022: 0.144 million SLC per person2023: 0.173 million SLC per person

Source: Statizoid (derived). Measured in million SLC per person.

Analysis

In 2023, value added (total manufacturing) — value standard local currency in Serbia stood at 0.1727 million SLC per person. That is the highest value across all 34 years on record.

The figure is up 20.0% on the previous year and up 86.3% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in Serbia peaked at 0.1727 million SLC per person in 2023 and was at its lowest, 0 million SLC per person, in 1990.

Serbia ranks 31st of 194 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Total Manufacturing) — Value Standard Local Currency in Serbia, year by year

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency, per capita in Serbia, 1990 to 2023.
Year million SLC per person Change
1990 0 million SLC per person —
1991 0 million SLC per person —
1992 0 million SLC per person —
1993 0.0009 million SLC per person +171301339164.5%
1994 0.0009 million SLC per person +3.7%
1995 0.0018 million SLC per person +96.2%
1996 0.0033 million SLC per person +80.8%
1997 0.0041 million SLC per person +25.1%
1998 0.0055 million SLC per person +31.6%
1999 0.0066 million SLC per person +20.1%
2000 0.0157 million SLC per person +139.2%
2001 0.0287 million SLC per person +82.9%
2002 0.033 million SLC per person +15.1%
2003 0.0349 million SLC per person +5.9%
2004 0.0419 million SLC per person +19.9%
2005 0.0485 million SLC per person +15.8%
2006 0.0547 million SLC per person +12.7%
2007 0.0607 million SLC per person +11.1%
2008 0.0679 million SLC per person +11.8%
2009 0.0622 million SLC per person -8.4%
2010 0.0682 million SLC per person +9.7%
2011 0.076 million SLC per person +11.4%
2012 0.0837 million SLC per person +10.1%
2013 0.0927 million SLC per person +10.7%
2014 0.0873 million SLC per person -5.8%
2015 0.0898 million SLC per person +2.9%
2016 0.095 million SLC per person +5.8%
2017 0.1023 million SLC per person +7.7%
2018 0.1055 million SLC per person +3.2%
2019 0.1068 million SLC per person +1.2%
2020 0.106 million SLC per person -0.8%
2021 0.1194 million SLC per person +12.6%
2022 0.1439 million SLC per person +20.5%
2023 0.1727 million SLC per person +20.0%

Serbia compared with similar countries

  • Serbia's 0.1727 million SLC per person is above the median for upper middle income countries, which is 0.0119 million SLC per person, 14.5× the median. (54 countries reporting)
  • Serbia's 0.1727 million SLC per person is above the median for Europe & Central Asia, which is 0.0084 million SLC per person, 20.6× the median. (52 countries reporting)

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Serbia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1993 +171301339164.5% 0 million SLC per person 0.0009 million SLC per person
2000 +139.2% 0.0066 million SLC per person 0.0157 million SLC per person
1995 +96.2% 0.0009 million SLC per person 0.0018 million SLC per person

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0023 million SLC per person 0 million SLC per person 0.0066 million SLC per person 10
2000s 0.0448 million SLC per person 0.0157 million SLC per person 0.0679 million SLC per person 10
2010s 0.0907 million SLC per person 0.0682 million SLC per person 0.1068 million SLC per person 10
2020s 0.1355 million SLC per person 0.106 million SLC per person 0.1727 million SLC per person 4

Countries ranked near Serbia

  1. 28 Cote d'Ivoire 0.2289 million SLC per person compare
  2. 29 Sri Lanka 0.2247 million SLC per person compare
  3. 30 Congo 0.2032 million SLC per person compare
  4. 32 Nigeria 0.158 million SLC per person compare
  5. 33 Russia 0.1539 million SLC per person compare
  6. 34 Senegal 0.1504 million SLC per person compare

See the full ranking of 194 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is value added (total manufacturing) — value standard local currency in Serbia?
Value added (total manufacturing) — value standard local currency in Serbia was 0.1727 million SLC per person in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value standard local currency recorded in Serbia?
The highest recorded value was 0.1727 million SLC per person in 2023.
What is the lowest value added (total manufacturing) — value standard local currency recorded in Serbia?
The lowest recorded value was 0 million SLC per person in 1990.
How does Serbia rank for value added (total manufacturing) — value standard local currency?
Serbia ranks 31st out of 194 countries with data for 2023.
Is value added (total manufacturing) — value standard local currency rising or falling in Serbia?
Over the last ten years it is up 86.3%. The long-run trend across the full record is volatile.
Where does this Serbia data come from?
The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, per capita. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value Standard Local Currency in Serbia. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-per-capita/serbia/

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How this figure is calculated

Value Added (Total Manufacturing) — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Value Added (Total Manufacturing) — Value Standard Local Currency ÷ Population, total

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Value Added (Total Manufacturing) — Value Standard Local Currency, per capita
Unit
million SLC per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,747 data points, 1970–2023
Last refreshed

Value Added (Total Manufacturing) — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.