Manufacturing, value added in Serbia

Serbia: Manufacturing, value added was 11.43 billion current US$ in 2024. ▲ Rising

Latest (2024)
11.43 billion current US$
Change on year
up 5.7%
World rank
74th
of 204 countries
All-time high
11.43 billion current US$
in 2024
All-time low
2.06 billion current US$
in 2000
Years of data
30
1995–2024

Manufacturing, value added in Serbia, 1995–2024

2.0B4.0B6.0B8.0B10.0B12.0B1995200920241995: 4.5B current US$1996: 5.3B current US$1997: 5.9B current US$1998: 4.6B current US$1999: 4.6B current US$2000: 2.1B current US$2001: 3.5B current US$2002: 4.2B current US$2003: 4.9B current US$2004: 5.8B current US$2005: 6.0B current US$2006: 6.9B current US$2007: 8.9B current US$2008: 10.3B current US$2009: 7.6B current US$2010: 7.4B current US$2011: 8.7B current US$2012: 7.8B current US$2013: 9.7B current US$2014: 8.9B current US$2015: 7.4B current US$2016: 7.5B current US$2017: 8.1B current US$2018: 8.9B current US$2019: 8.5B current US$2020: 8.3B current US$2021: 9.6B current US$2022: 9.9B current US$2023: 10.8B current US$2024: 11.4B current US$

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

DecadeAverage LowestHighest 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

  1. 71 Kuwait 12.17 billion current US$ compare
  2. 72 Cuba 12.02 billion current US$ compare
  3. 73 Ghana 11.54 billion current US$ compare
  4. 75 Jordan 10.70 billion current US$ compare
  5. 76 Croatia 10.66 billion current US$ compare
  6. 77 Oman 10.28 billion current US$ compare

See the full ranking of 251 places →

More economy & growth data for Serbia

All data for Serbia →

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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About this data

Indicator
Manufacturing, value added (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 10,059 data points, 1960–2025
Last refreshed

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.