Services value added — all countries

Services value added — Serbia

Services value added in Serbia in 2025 — 59,704,365,648 US$. Ranked 65 in the world out of 158. Since 1995, the indicator has risen by 656.2%.

2025 59.7B US$ +12.74% vs 2024
World rank 65of 158
Period maximum 59.7B US$2025
Period minimum 3.09B US$2000

Trend over time

1995–2025 · US$

Services value added — Serbia, 1995–2025020B40B60B199519982001200420072010201320162019202220251995: 7,895,706,215 US$1996: 10,643,519,553 US$1997: 12,800,331,512 US$1998: 9,761,424,812 US$1999: 9,510,869,099 US$2000: 3,089,410,584 US$2001: 5,730,154,351 US$2002: 7,857,640,652 US$2003: 11,196,871,082 US$2004: 12,136,826,112 US$2005: 13,599,433,700 US$2006: 15,928,358,885 US$2007: 22,294,943,844 US$2008: 27,096,241,263 US$2009: 25,338,805,811 US$2010: 23,036,498,651 US$2011: 26,789,591,100 US$2012: 23,590,928,157 US$2013: 25,767,151,760 US$2014: 25,510,383,381 US$2015: 21,398,641,733 US$2016: 21,673,999,812 US$2017: 23,927,743,290 US$2018: 27,738,042,622 US$2019: 28,650,118,417 US$2020: 30,468,783,412 US$2021: 35,897,334,722 US$2022: 36,260,454,446 US$2023: 47,005,685,062 US$2024: 52,956,853,124 US$2025: 59,704,365,648 US$
Change over the period: +51.81B (+656.16%) Average annual rate: 6.98 %

Comparison, 2025

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

Serbia 59.7B US$
World computed 46.11T US$
Southern Europe computed 3.62T US$
Upper-middle-income countries computed 18.01T US$
Services value added — Serbia, by year Serbia All countries CSV XLSX
Year US$ Change Change, %
2025 59.7B +6.75B +12.74%
2024 52.96B +5.95B +12.66%
2023 47.01B +10.75B +29.63%
2022 36.26B +363M +1.01%
2021 35.9B +5.43B +17.82%
2020 30.47B +1.82B +6.35%
2019 28.65B +912M +3.29%
2018 27.74B +3.81B +15.92%
2017 23.93B +2.25B +10.4%
2016 21.67B +275M +1.29%
2015 21.4B −4.11B −16.12%
2014 25.51B −257M −1%
2013 25.77B +2.18B +9.22%
2012 23.59B −3.2B −11.94%
2011 26.79B +3.75B +16.29%
2010 23.04B −2.3B −9.09%
2009 25.34B −1.76B −6.49%
2008 27.1B +4.8B +21.54%
2007 22.29B +6.37B +39.97%
2006 15.93B +2.33B +17.13%
2005 13.6B +1.46B +12.05%
2004 12.14B +940M +8.39%
2003 11.2B +3.34B +42.5%
2002 7.86B +2.13B +37.13%
2001 5.73B +2.64B +85.48%
2000 3.09B −6.42B −67.52%
1999 9.51B −251M −2.57%
1998 9.76B −3.04B −23.74%
1997 12.8B +2.16B +20.26%
1996 10.64B +2.75B +34.8%
1995 7.9B

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

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