Manufacturing value added — all countries

Manufacturing value added — Serbia

Manufacturing value added in Serbia in 2024 — 11,429,354,103 US$. Ranked 68 in the world out of 177. Since 1995, the indicator has risen by 154.6%.

2024 11.43B US$ +5.72% vs 2023
World rank 68of 177
Period maximum 11.43B US$2024
Period minimum 2.06B US$2000

Trend over time

1995–2024 · US$

Manufacturing value added — Serbia, 1995–202405B10B15B199519982001200420072010201320162019202220241995: 4,488,305,085 US$1996: 5,277,448,790 US$1997: 5,923,988,972 US$1998: 4,643,856,921 US$1999: 4,635,775,844 US$2000: 2,061,363,805 US$2001: 3,508,217,903 US$2002: 4,222,317,980 US$2003: 4,945,645,945 US$2004: 5,840,224,798 US$2005: 5,962,508,506 US$2006: 6,907,440,227 US$2007: 8,885,279,752 US$2008: 10,306,123,987 US$2009: 7,629,840,516 US$2010: 7,357,572,280 US$2011: 8,687,464,375 US$2012: 7,845,474,707 US$2013: 9,678,989,513 US$2014: 8,948,972,838 US$2015: 7,354,427,166 US$2016: 7,496,004,820 US$2017: 8,135,587,935 US$2018: 8,925,560,575 US$2019: 8,454,196,074 US$2020: 8,295,011,563 US$2021: 9,576,107,242 US$2022: 9,914,281,364 US$2023: 10,811,074,692 US$2024: 11,429,354,103 US$
Change over the period: +6.94B (+154.65%) Average annual rate: 3.28 %

Comparison, 2024

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

Serbia 11.43B US$
World 16.62T US$
Southern Europe computed 653B US$
Upper-middle-income countries computed 6.44T US$
Manufacturing value added — Serbia, by year Serbia All countries CSV XLSX
Year US$ Change Change, %
2024 11.43B +618M +5.72%
2023 10.81B +897M +9.05%
2022 9.91B +338M +3.53%
2021 9.58B +1.28B +15.44%
2020 8.3B −159M −1.88%
2019 8.45B −471M −5.28%
2018 8.93B +790M +9.71%
2017 8.14B +640M +8.53%
2016 7.5B +142M +1.93%
2015 7.35B −1.59B −17.82%
2014 8.95B −730M −7.54%
2013 9.68B +1.83B +23.37%
2012 7.85B −842M −9.69%
2011 8.69B +1.33B +18.08%
2010 7.36B −272M −3.57%
2009 7.63B −2.68B −25.97%
2008 10.31B +1.42B +15.99%
2007 8.89B +1.98B +28.63%
2006 6.91B +945M +15.85%
2005 5.96B +122M +2.09%
2004 5.84B +895M +18.09%
2003 4.95B +723M +17.13%
2002 4.22B +714M +20.36%
2001 3.51B +1.45B +70.19%
2000 2.06B −2.57B −55.53%
1999 4.64B −8.08M −0.17%
1998 4.64B −1.28B −21.61%
1997 5.92B +647M +12.25%
1996 5.28B +789M +17.58%
1995 4.49B

About the indicator

Manufacturing value added in current US dollars — what plants and factories create, without mining, construction or energy. It is a subset of industry in the broad sense, and in absolute figures it is the measure by which industrial powers are identified: the top ten by this indicator differ from the list of the largest economies, and the divergence shows where an economy rests on production and where on services or raw materials.

Important: Part of industrial value added, not a quantity separate from it: the two indicators cannot be added together.

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