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Manufacturing share of GDP — all countries

Manufacturing share of GDP — Serbia

Manufacturing share of GDP in Serbia in 2024 — 12.7%. Ranked 70 in the world out of 178. Since 1995, the indicator has fallen by 12.4 pp.

2024 12.7% −0.6 pp vs 2023
World rank 70of 178
Period maximum 28.1%2000
Period minimum 12.7%2024

Trend over time

1995–2024 · % of GDP

Manufacturing share of GDP — Serbia, 1995–20241015202530199519982001200420072010201320162019202220241995: 25%1996: 22.7%1997: 21.8%1998: 22.1%1999: 22.2%2000: 28.1%2001: 25.8%2002: 23.5%2003: 21%2004: 21.8%2005: 21%2006: 20.7%2007: 19.8%2008: 19%2009: 16.2%2010: 16.9%2011: 17%2012: 17.4%2013: 19.2%2014: 18.2%2015: 17.8%2016: 17.8%2017: 17.7%2018: 16.9%2019: 15.7%2020: 14.8%2021: 14.5%2022: 14.8%2023: 13.3%2024: 12.7%
Change over the period: −12.4 pp Annual average: -0.43 pp

Comparison, 2024

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

Serbia 12.7%
World 14.9%
Europe & Central Asia 13.6%
Southern Europe computed 12.9%
Upper-middle-income countries computed 21.4%
Manufacturing share of GDP — Serbia, by year Serbia All countries CSV XLSX
Year % Change, pp
2024 12.7 −0.6 pp
2023 13.3 −1.5 pp
2022 14.8 +0.4 pp
2021 14.5 −0.4 pp
2020 14.8 −0.8 pp
2019 15.7 −1.2 pp
2018 16.9 −0.8 pp
2017 17.7 −0.1 pp
2016 17.8 −0.1 pp
2015 17.8 −0.4 pp
2014 18.2 −1 pp
2013 19.2 +1.8 pp
2012 17.4 +0.4 pp
2011 17 +0.1 pp
2010 16.9 +0.7 pp
2009 16.2 −2.8 pp
2008 19 −0.8 pp
2007 19.8 −0.9 pp
2006 20.7 −0.3 pp
2005 21 −0.7 pp
2004 21.8 +0.8 pp
2003 21 −2.6 pp
2002 23.5 −2.2 pp
2001 25.8 −2.3 pp
2000 28.1 +5.9 pp
1999 22.2 +0.1 pp
1998 22.1 +0.3 pp
1997 21.8 −0.9 pp
1996 22.7 −2.4 pp
1995 25 —

Southern Europe, 2024

The same indicator for neighboring countries — with links to their pages

SI Slovenia 19.4 IT Italy 15.1 MK North Macedonia 14.3 BA Bosnia and Herzegovina 12.7 RS Serbia 12.7 XK Kosovo 12.6 PT Portugal 11.7 ES Spain 10.8 HR Croatia 10.5 GR Greece 9.1 AL Albania 6.5 MT Malta 5.7 ME Montenegro 3.3 AD Andorra 3.1
Full table for all countries

About the indicator

The share of manufacturing value added in GDP. This is the cleanest indicator of an industrial base: unlike the share of industry as a whole it excludes mining and construction. A rising share usually accompanies industrialization, while its decline in advanced countries marks the shift to a service economy.

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

Other indicators for Serbia

Economy Manufacturing value added

How much a country's factories create — without mining, construction or utilities.

Serbia by year Economy Industry share of GDP

The contribution of industry and construction to the value added of the economy.

Serbia by year Trade High-technology exports (% of manufactured exports)

What part of manufactured exports consists of high-technology products.

Serbia by year Economy GDP

Gross domestic product in current US dollars — the size of a country's economy.

Serbia by year Economy GDP per capita

GDP divided by the population, in current US dollars.

Serbia by year Economy GDP growth

The annual growth rate of GDP in constant prices — with inflation stripped out.

Serbia by year
All indicators for Serbia