Industry (including construction), value added in Serbia

Serbia: Industry (including construction), value added was 1.74 trillion constant LCU in 2025. ▲ Rising

Latest (2025)
1.74 trillion constant LCU
Change on year
down 0.3%
World rank
54th
of 199 countries
All-time high
1.75 trillion constant LCU
in 2024
All-time low
729.86 billion constant LCU
in 1995
Years of data
31
1995–2025

Industry (including construction), value added in Serbia, 1995–2025

0500.0B1.0T1.5T1995201020251995: 729.9B constant LCU1996: 796.5B constant LCU1997: 876.5B constant LCU1998: 925.2B constant LCU1999: 773.0B constant LCU2000: 878.5B constant LCU2001: 902.7B constant LCU2002: 998.5B constant LCU2003: 1.0T constant LCU2004: 1.1T constant LCU2005: 1.2T constant LCU2006: 1.2T constant LCU2007: 1.3T constant LCU2008: 1.3T constant LCU2009: 1.2T constant LCU2010: 1.2T constant LCU2011: 1.2T constant LCU2012: 1.2T constant LCU2013: 1.4T constant LCU2014: 1.3T constant LCU2015: 1.3T constant LCU2016: 1.4T constant LCU2017: 1.4T constant LCU2018: 1.4T constant LCU2019: 1.5T constant LCU2020: 1.5T constant LCU2021: 1.6T constant LCU2022: 1.6T constant LCU2023: 1.7T constant LCU2024: 1.7T constant LCU2025: 1.7T constant LCU

Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.

Analysis

In 2025, industry (including construction), value added in Serbia stood at 1.74 trillion constant LCU.

That represents a change of down 0.3% on the previous year and up 29.9% over ten years.

Over the whole period, industry (including construction), value added in Serbia peaked at 1.75 trillion constant LCU in 2024 and was at its lowest, 729.86 billion constant LCU, in 1995.

That places Serbia 54th out of 199 countries with data for 2025, putting it 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 820.23 billion constant LCU 729.86 billion constant LCU 925.21 billion constant LCU 5
2000s 1.11 trillion constant LCU 878.52 billion constant LCU 1.33 trillion constant LCU 10
2010s 1.33 trillion constant LCU 1.18 trillion constant LCU 1.51 trillion constant LCU 10
2020s 1.65 trillion constant LCU 1.48 trillion constant LCU 1.75 trillion constant LCU 6

Countries ranked near Serbia

  1. 51 Armenia 1.95 trillion constant LCU compare
  2. 52 Kenya 1.91 trillion constant LCU compare
  3. 53 Czechia 1.81 trillion constant LCU compare
  4. 55 Malawi 1.51 trillion constant LCU compare
  5. 56 Dominican Republic 1.39 trillion constant LCU compare
  6. 57 Sweden 1.14 trillion constant LCU compare

See the full ranking of 199 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is industry (including construction), value added in Serbia?
Industry (including construction), value added in Serbia was 1.74 trillion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest industry (including construction), value added recorded in Serbia?
The highest recorded value was 1.75 trillion constant LCU in 2024.
What is the lowest industry (including construction), value added recorded in Serbia?
The lowest recorded value was 729.86 billion constant LCU in 1995.
How does Serbia rank for industry (including construction), value added?
Serbia ranks 54th out of 199 countries with data for 2025.
Is industry (including construction), value added rising or falling in Serbia?
Over the last ten years it is up 29.9%. 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 Offices (NSOs), published as part of Industry (including construction), value added (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Industry (including construction), value added (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
199 places, 8,290 data points, 1960–2025
Last refreshed

Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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 varies by country. This series is expressed in local currency units.