Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Serbia

Gross capital formation (% of GDP) in Serbia in 2025 — 23.4%. Ranked 62 in the world out of 131. Since 1995, the indicator has risen by 10.2 pp.

2025 23.4% −1.6 pp vs 2024
World rank 62of 131
Period maximum 26.4%2022
Period minimum 7.7%1999

Trend over time

1995–2025 · % of GDP

Gross capital formation (% of GDP) — Serbia, 1995–20250102030199519982001200420072010201320162019202220251995: 13.2%1996: 13.3%1997: 13.7%1998: 8.7%1999: 7.7%2000: 9.1%2001: 14.7%2002: 17.4%2003: 18.4%2004: 24.9%2005: 21.8%2006: 21.7%2007: 24.9%2008: 25.9%2009: 18.6%2010: 17.3%2011: 18.1%2012: 18.8%2013: 17.1%2014: 16.5%2015: 18.5%2016: 18.2%2017: 19.7%2018: 22.5%2019: 24.9%2020: 24.1%2021: 24.9%2022: 26.4%2023: 24.6%2024: 25%2025: 23.4%
Change over the period: +10.2 pp Annual average: 0.34 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Serbia

Serbia 23.4%
Southern Europe computed 21.8%
Gross capital formation (% of GDP) — Serbia, by year Serbia All countries CSV XLSX
Year % Change, pp
2025 23.4 −1.6 pp
2024 25 +0.4 pp
2023 24.6 −1.8 pp
2022 26.4 +1.4 pp
2021 24.9 +0.8 pp
2020 24.1 −0.8 pp
2019 24.9 +2.4 pp
2018 22.5 +2.8 pp
2017 19.7 +1.6 pp
2016 18.2 −0.3 pp
2015 18.5 +2 pp
2014 16.5 −0.6 pp
2013 17.1 −1.7 pp
2012 18.8 +0.7 pp
2011 18.1 +0.8 pp
2010 17.3 −1.2 pp
2009 18.6 −7.4 pp
2008 25.9 +1 pp
2007 24.9 +3.2 pp
2006 21.7 −0.1 pp
2005 21.8 −3.1 pp
2004 24.9 +6.5 pp
2003 18.4 +1 pp
2002 17.4 +2.6 pp
2001 14.7 +5.7 pp
2000 9.1 +1.4 pp
1999 7.7 −1 pp
1998 8.7 −5.1 pp
1997 13.7 +0.5 pp
1996 13.3 +0.1 pp
1995 13.2

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

Source: World Development Indicators (World Bank), license CC BY 4.0.