Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Serbia
Serbia: Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) was 7,130 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$, 2015 prices in Serbia, 1990–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$, 2015 prices in Serbia stood at 7,130 million USD.
That represents a change of up 3.3% on the previous year and up 17.5% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Serbia peaked at 7,314 million USD in 1990 and was at its lowest, 3,232 million USD, in 1993.
That places Serbia 93rd out of 236 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Serbia, year by year
| Year | million USD | Change |
|---|---|---|
| 1990 | 7,314 million USD | — |
| 1991 | 6,484 million USD | -11.3% |
| 1992 | 4,622 million USD | -28.7% |
| 1993 | 3,232 million USD | -30.1% |
| 1994 | 3,362 million USD | +4.0% |
| 1995 | 3,402 million USD | +1.2% |
| 1996 | 3,782 million USD | +11.2% |
| 1997 | 4,214 million USD | +11.4% |
| 1998 | 4,538 million USD | +7.7% |
| 1999 | 3,911 million USD | -13.8% |
| 2000 | 4,429 million USD | +13.2% |
| 2001 | 4,637 million USD | +4.7% |
| 2002 | 5,041 million USD | +8.7% |
| 2003 | 5,128 million USD | +1.7% |
| 2004 | 5,548 million USD | +8.2% |
| 2005 | 5,677 million USD | +2.3% |
| 2006 | 5,691 million USD | +0.3% |
| 2007 | 6,027 million USD | +5.9% |
| 2008 | 6,237 million USD | +3.5% |
| 2009 | 5,448 million USD | -12.6% |
| 2010 | 5,487 million USD | +0.7% |
| 2011 | 5,569 million USD | +1.5% |
| 2012 | 5,705 million USD | +2.4% |
| 2013 | 6,068 million USD | +6.4% |
| 2014 | 5,679 million USD | -6.4% |
| 2015 | 5,856 million USD | +3.1% |
| 2016 | 6,031 million USD | +3.0% |
| 2017 | 6,303 million USD | +4.5% |
| 2018 | 6,396 million USD | +1.5% |
| 2019 | 6,400 million USD | +0.1% |
| 2020 | 6,432 million USD | +0.5% |
| 2021 | 6,768 million USD | +5.2% |
| 2022 | 6,899 million USD | +1.9% |
| 2023 | 7,130 million USD | +3.3% |
Serbia compared with similar countries
- Serbia's 7,130 million USD is above the median for upper middle income countries, which is 4,090 million USD, 1.7× the median. (54 countries reporting)
- Serbia's 7,130 million USD is below the median for Europe & Central Asia, which is 12,800 million USD, 56% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Serbia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | -30.1% | 4,622 million USD | 3,232 million USD |
| 1992 | -28.7% | 6,484 million USD | 4,622 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4,486 million USD | 3,232 million USD | 7,314 million USD | 10 |
| 2000s | 5,386 million USD | 4,429 million USD | 6,237 million USD | 10 |
| 2010s | 5,950 million USD | 5,487 million USD | 6,400 million USD | 10 |
| 2020s | 6,807 million USD | 6,432 million USD | 7,130 million USD | 4 |
Countries ranked near Serbia
More economy & growth data for Serbia
- Real gdp growth, annual growth rate -48.61 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.7 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ 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 value added (total manufacturing) — value us$, 2015 prices in Serbia?
- Value added (total manufacturing) — value us$, 2015 prices in Serbia was 7,130 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Serbia?
- The highest recorded value was 7,314 million USD in 1990.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Serbia?
- The lowest recorded value was 3,232 million USD in 1993.
- How does Serbia rank for value added (total manufacturing) — value us$, 2015 prices?
- Serbia ranks 93rd out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Serbia?
- Over the last ten years it is up 17.5%. The long-run trend across the full record is rising.
- 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 (Total Manufacturing) — Value US$, 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).