Labor productivity — all countries

Labor productivity — Serbia

Labor productivity in Serbia in 2025 — 58,609 $/person. Ranked 67 in the world out of 168. Since 1995, the indicator has risen by 153.6%.

2025 58,609 $/person +2.46% vs 2024
World rank 67of 168
Period maximum 58,609 $/person2025
Period minimum 23,107 $/person1995

Trend over time

1995–2025 · PPP $ per person employed

Labor productivity — Serbia, 1995–202520,00030,00040,00050,00060,000199519982001200420072010201320162019202220251995: 23,107 $/person1996: 24,723 $/person1997: 27,510 $/person1998: 29,203 $/person1999: 25,837 $/person2000: 27,266 $/person2001: 29,370 $/person2002: 31,808 $/person2003: 34,009 $/person2004: 38,055 $/person2005: 41,828 $/person2006: 43,779 $/person2007: 45,625 $/person2008: 46,269 $/person2009: 47,895 $/person2010: 51,992 $/person2011: 54,798 $/person2012: 55,091 $/person2013: 53,227 $/person2014: 50,184 $/person2015: 50,510 $/person2016: 49,120 $/person2017: 48,949 $/person2018: 50,664 $/person2019: 51,859 $/person2020: 51,585 $/person2021: 53,930 $/person2022: 55,088 $/person2023: 56,382 $/person2024: 57,205 $/person2025: 58,609 $/person
Change over the period: +35,502 (+153.64%) Average annual rate: 3.15 %

Comparison, 2025

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

Serbia 58,609 $/person
World 50,672 $/person
Europe & Central Asia 103,033 $/person
Labor productivity — Serbia, by year Serbia All countries CSV XLSX
Year $/person Change Change, %
2025 58,609 +1,404 +2.46%
2024 57,205 +823 +1.46%
2023 56,382 +1,293 +2.35%
2022 55,088 +1,158 +2.15%
2021 53,930 +2,345 +4.55%
2020 51,585 −274 −0.53%
2019 51,859 +1,194 +2.36%
2018 50,664 +1,715 +3.5%
2017 48,949 −170 −0.35%
2016 49,120 −1,390 −2.75%
2015 50,510 +325 +0.65%
2014 50,184 −3,043 −5.72%
2013 53,227 −1,864 −3.38%
2012 55,091 +293 +0.53%
2011 54,798 +2,806 +5.4%
2010 51,992 +4,097 +8.55%
2009 47,895 +1,626 +3.52%
2008 46,269 +644 +1.41%
2007 45,625 +1,845 +4.22%
2006 43,779 +1,951 +4.66%
2005 41,828 +3,773 +9.91%
2004 38,055 +4,046 +11.9%
2003 34,009 +2,201 +6.92%
2002 31,808 +2,438 +8.3%
2001 29,370 +2,103 +7.71%
2000 27,266 +1,430 +5.53%
1999 25,837 −3,367 −11.53%
1998 29,203 +1,694 +6.16%
1997 27,510 +2,787 +11.27%
1996 24,723 +1,616 +6.99%
1995 23,107

About the indicator

Gross domestic product per person employed in constant dollars at purchasing power parity. It differs from GDP per capita in the denominator: there the whole population, here only those who work — and the difference between the two indicators speaks of demography and employment. A country can have a low GDP per capita alongside decent productivity simply because only a small part of the population works: many children, many women out of employment, early retirement.

Important: There are no aggregates for country groups: the correct denominator is the number of people employed, and we have no separate series for the employed. The labor force will not do — it includes the unemployed, and the discrepancy is largest precisely in countries with high unemployment.

Source: ILOSTAT (ILO), license CC BY 4.0.