Manufacturing, value added in Serbia
Serbia: Manufacturing, value added was 11.43 billion current US$ in 2024. ▲ Rising
Manufacturing, value added in Serbia, 1995–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Serbia recorded 11.43 billion current US$ for manufacturing, value added in 2024. That is the highest value across all 30 years on record.
That represents a change of up 5.7% on the previous year and up 27.7% over ten years.
Over the whole period, manufacturing, value added in Serbia peaked at 11.43 billion current US$ in 2024 and was at its lowest, 2.06 billion current US$, in 2000.
Serbia ranks 74th of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.99 billion current US$ | 4.49 billion current US$ | 5.92 billion current US$ | 5 |
| 2000s | 6.03 billion current US$ | 2.06 billion current US$ | 10.31 billion current US$ | 10 |
| 2010s | 8.29 billion current US$ | 7.35 billion current US$ | 9.68 billion current US$ | 10 |
| 2020s | 10.01 billion current US$ | 8.30 billion current US$ | 11.43 billion current US$ | 5 |
Countries ranked near Serbia
More economy & growth data for Serbia
- 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)
- Taxes less subsidies on products 14.66 billion current US$ (2025)
- Net primary income (Net income from abroad) -653.34 billion current LCU (2025)
- Net primary income (Net income from abroad) -6.28 billion current US$ (2025)
- GNI per capita 1.49 million current LCU (2025)
- GNI per capita, Atlas method 13,480 current US$ (2025)
- GNI 9.74 trillion current LCU (2025)
Frequently asked questions
- What is manufacturing, value added in Serbia?
- Manufacturing, value added in Serbia was 11.43 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Serbia?
- The highest recorded value was 11.43 billion current US$ in 2024.
- What is the lowest manufacturing, value added recorded in Serbia?
- The lowest recorded value was 2.06 billion current US$ in 2000.
- How does Serbia rank for manufacturing, value added?
- Serbia ranks 74th out of 204 countries with data for 2024.
- Is manufacturing, value added rising or falling in Serbia?
- Over the last ten years it is up 27.7%. 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 Manufacturing, value added (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.