Gross value added at basic prices (GVA) in Serbia

Serbia: Gross value added at basic prices (GVA) was 49.14 billion constant 2015 US$ in 2025. ▲ Rising

Latest (2025)
49.14 billion constant 2015 US$
Change on year
up 1.8%
World rank
86th
of 193 countries
All-time high
49.14 billion constant 2015 US$
in 2025
All-time low
19.82 billion constant 2015 US$
in 1995
Years of data
31
1995–2025

Gross value added at basic prices (GVA) in Serbia, 1995–2025

010.0B20.0B30.0B40.0B50.0B1995201020251995: 19.8B constant 2015 US$1996: 20.9B constant 2015 US$1997: 22.8B constant 2015 US$1998: 24.1B constant 2015 US$1999: 21.6B constant 2015 US$2000: 22.8B constant 2015 US$2001: 24.2B constant 2015 US$2002: 25.7B constant 2015 US$2003: 26.8B constant 2015 US$2004: 28.0B constant 2015 US$2005: 29.8B constant 2015 US$2006: 30.6B constant 2015 US$2007: 32.9B constant 2015 US$2008: 34.6B constant 2015 US$2009: 33.7B constant 2015 US$2010: 34.4B constant 2015 US$2011: 34.5B constant 2015 US$2012: 34.5B constant 2015 US$2013: 34.8B constant 2015 US$2014: 34.2B constant 2015 US$2015: 34.7B constant 2015 US$2016: 35.7B constant 2015 US$2017: 36.6B constant 2015 US$2018: 38.5B constant 2015 US$2019: 40.3B constant 2015 US$2020: 40.1B constant 2015 US$2021: 43.3B constant 2015 US$2022: 44.4B constant 2015 US$2023: 46.5B constant 2015 US$2024: 48.3B constant 2015 US$2025: 49.1B constant 2015 US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.

Analysis

The most recent figure for gross value added at basic prices (gva) in Serbia is 49.14 billion constant 2015 US$, measured in 2025. That is the highest value across all 31 years on record.

The figure is up 1.8% on the previous year and up 41.6% over ten years.

Over the whole period, gross value added at basic prices (gva) in Serbia peaked at 49.14 billion constant 2015 US$ in 2025 and was at its lowest, 19.82 billion constant 2015 US$, in 1995.

Serbia ranks 86th of 193 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 21.85 billion constant 2015 US$ 19.82 billion constant 2015 US$ 24.10 billion constant 2015 US$ 5
2000s 28.91 billion constant 2015 US$ 22.82 billion constant 2015 US$ 34.60 billion constant 2015 US$ 10
2010s 35.81 billion constant 2015 US$ 34.16 billion constant 2015 US$ 40.31 billion constant 2015 US$ 10
2020s 45.28 billion constant 2015 US$ 40.11 billion constant 2015 US$ 49.14 billion constant 2015 US$ 6

Countries ranked near Serbia

  1. 83 Belarus 54.42 billion constant 2015 US$ compare
  2. 84 Lithuania 51.15 billion constant 2015 US$ compare
  3. 85 Uganda 49.38 billion constant 2015 US$ compare
  4. 87 Slovenia 48.93 billion constant 2015 US$ compare
  5. 88 Jordan 47.88 billion constant 2015 US$ compare
  6. 89 Tunisia 46.68 billion constant 2015 US$ compare

See the full ranking of 227 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is gross value added at basic prices (gva) in Serbia?
Gross value added at basic prices (gva) in Serbia was 49.14 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross value added at basic prices (gva) recorded in Serbia?
The highest recorded value was 49.14 billion constant 2015 US$ in 2025.
What is the lowest gross value added at basic prices (gva) recorded in Serbia?
The lowest recorded value was 19.82 billion constant 2015 US$ in 1995.
How does Serbia rank for gross value added at basic prices (gva)?
Serbia ranks 86th out of 193 countries with data for 2025.
Is gross value added at basic prices (gva) rising or falling in Serbia?
Over the last ten years it is up 41.6%. The long-run trend across the full record is rising.
Where does this Serbia data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
227 places, 9,771 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.