Value Added (Total Manufacturing) — Value US$ in Serbia
Serbia: Value Added (Total Manufacturing) — Value US$ was 10,550 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$ in Serbia, 1990–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Serbia recorded 10,550 million USD for value added (total manufacturing) — value us$ in 2023. That is the highest value across all 34 years on record.
Compared with earlier readings it is up 22.8% on the previous year and up 35.2% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Serbia peaked at 10,550 million USD in 2023 and was at its lowest, 2,608 million USD, in 1999.
That places Serbia 80th out of 220 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,413 million USD | 2,608 million USD | 9,072 million USD | 10 |
| 2000s | 5,443 million USD | 2,676 million USD | 8,958 million USD | 10 |
| 2010s | 6,855 million USD | 5,856 million USD | 7,801 million USD | 10 |
| 2020s | 8,609 million USD | 7,088 million USD | 10,550 million USD | 4 |
Countries ranked near Serbia
More economy & growth data for Serbia
- External balance on goods and services as a percent of gdp -4.3 (2025)
- Inflation of consumer prices 3.89 (2025)
- Gdp per capita worldbank constant usd 8,804 (2025)
- Manufacturing value added to gdp 12.69 (2024)
- Gdp worldbank constant usd 57.66 billion (2025)
- Gdp per capita in international and market dollars 8,804 (2025)
- DEC alternative conversion factor 103.97 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 637.18 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 6.13 billion current US$ (2025)
- Taxes less subsidies on products 1.52 trillion current LCU (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Serbia?
- Value added (total manufacturing) — value us$ in Serbia was 10,550 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$ recorded in Serbia?
- The highest recorded value was 10,550 million USD in 2023.
- What is the lowest value added (total manufacturing) — value us$ recorded in Serbia?
- The lowest recorded value was 2,608 million USD in 1999.
- How does Serbia rank for value added (total manufacturing) — value us$?
- Serbia ranks 80th out of 220 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Serbia?
- Over the last ten years it is up 35.2%. 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$. 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).