Industry value added — all countries

Industry value added — Serbia

Industry value added in Serbia in 2025 — 22,303,853,604 US$. Ranked 73 in the world out of 158. Since 1995, the indicator has risen by 252.6%.

2025 22.3B US$ +7.31% vs 2024
World rank 73of 158
Period maximum 22.3B US$2025
Period minimum 2.58B US$2000

Trend over time

1995–2025 · US$

Industry value added — Serbia, 1995–2025010B20B30B199519982001200420072010201320162019202220251995: 6,325,593,220 US$1996: 7,357,113,594 US$1997: 8,437,021,125 US$1998: 6,500,398,772 US$1999: 6,335,274,193 US$2000: 2,575,500,389 US$2001: 4,424,388,085 US$2002: 5,575,217,048 US$2003: 6,796,919,011 US$2004: 8,007,159,815 US$2005: 8,196,827,343 US$2006: 9,692,418,588 US$2007: 12,676,007,425 US$2008: 14,913,528,404 US$2009: 11,422,767,777 US$2010: 10,897,491,152 US$2011: 13,468,435,938 US$2012: 11,987,953,163 US$2013: 14,066,137,538 US$2014: 13,037,903,787 US$2015: 11,001,610,355 US$2016: 11,203,235,864 US$2017: 12,230,186,198 US$2018: 13,624,311,237 US$2019: 13,752,795,997 US$2020: 13,567,024,402 US$2021: 16,132,928,244 US$2022: 16,850,501,660 US$2023: 19,340,302,914 US$2024: 20,785,323,290 US$2025: 22,303,853,604 US$
Change over the period: +15.98B (+252.6%) Average annual rate: 4.29 %

Comparison, 2025

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

Serbia 22.3B US$
World 29.57T US$
Southern Europe computed 1.15T US$
Upper-middle-income countries computed 10.3T US$
Industry value added — Serbia, by year Serbia All countries CSV XLSX
Year US$ Change Change, %
2025 22.3B +1.52B +7.31%
2024 20.79B +1.45B +7.47%
2023 19.34B +2.49B +14.78%
2022 16.85B +718M +4.45%
2021 16.13B +2.57B +18.91%
2020 13.57B −186M −1.35%
2019 13.75B +128M +0.94%
2018 13.62B +1.39B +11.4%
2017 12.23B +1.03B +9.17%
2016 11.2B +202M +1.83%
2015 11B −2.04B −15.62%
2014 13.04B −1.03B −7.31%
2013 14.07B +2.08B +17.34%
2012 11.99B −1.48B −10.99%
2011 13.47B +2.57B +23.59%
2010 10.9B −525M −4.6%
2009 11.42B −3.49B −23.41%
2008 14.91B +2.24B +17.65%
2007 12.68B +2.98B +30.78%
2006 9.69B +1.5B +18.25%
2005 8.2B +190M +2.37%
2004 8.01B +1.21B +17.81%
2003 6.8B +1.22B +21.91%
2002 5.58B +1.15B +26.01%
2001 4.42B +1.85B +71.79%
2000 2.58B −3.76B −59.35%
1999 6.34B −165M −2.54%
1998 6.5B −1.94B −22.95%
1997 8.44B +1.08B +14.68%
1996 7.36B +1.03B +16.31%
1995 6.33B

About the indicator

Industrial value added in current US dollars. In the international classification industry means mining, manufacturing, electricity, water supply and construction — that is, broader than the word usually implies. Value added is output minus intermediate consumption, which is why the output of sectors cannot be summed while value added can: the sum over all sectors is GDP.

Important: It includes construction and mining, so a high share in commodity countries does not come from factories. For factories proper there is a separate indicator, manufacturing.

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