01 · Economic overview

What should a reader know first?

Latest values orient the reader; the three-era analysis below shows how the economic record developed.

Nominal GDP$89.07B2024 · Latest current-price total · World rank 77 of 210

Real GDP growth3.9%2024 · Latest constant-price annual change · Constant-price annual change

GDP per capita$13,2232024 · Current U.S. dollars; not PPP adjusted · Current U.S. dollars; not PPP adjusted

Share of world GDP0.1%2024 · Share of the official world total · Official world aggregate denominator

Largest broad activity40.2%2024 · Largest broad production activity · Other activities

Manufacturing15.6%2024 · Share of total gross value added · World gap −0.0 pp

Economic overview annual rank and index table35 annual rows

Annual core economic measures, world ranks and comparable world indices. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 35 of 35 rows

Economic overview annual rank and index table

Serbia	1990	$40.65B	Not published	Not published	0.2 (world = 100)	Not published	Not published	Not published	Not published	$4,128	Not published	Not published	95.1 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Serbia	1991	$37.12B	Not published	Not published	0.2 (world = 100)	-11.7%	Not published	Not published	-12.9 pp vs world	$3,760	Not published	Not published	83.9 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Serbia	1992	$27.29B	Not published	Not published	0.1 (world = 100)	-28.1%	Not published	Not published	-30.2 pp vs world	$2,756	Not published	Not published	58.4 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	1993	$19.43B	Not published	Not published	0.1 (world = 100)	-30.4%	Not published	Not published	-32.2 pp vs world	$1,958	Not published	Not published	41.4 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	1994	$21.01B	Not published	Not published	0.1 (world = 100)	5.9%	Not published	Not published	+2.6 pp vs world	$2,113	Not published	Not published	42.5 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	1995	$23.39B	Not published	Not published	0.1 (world = 100)	9.1%	Not published	Not published	+6.0 pp vs world	$2,349	Not published	Not published	43.2 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	1996	$25.29B	Not published	Not published	0.1 (world = 100)	6.2%	Not published	Not published	+2.6 pp vs world	$2,535	Not published	Not published	46.3 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	1997	$24.10B	Not published	Not published	0.1 (world = 100)	8.9%	Not published	Not published	+5.0 pp vs world	$2,414	Not published	Not published	44.9 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	1998	$21.99B	Not published	Not published	0.1 (world = 100)	5.3%	Not published	Not published	+2.5 pp vs world	$2,234	Not published	Not published	42.4 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	1999	$12.86B	Not published	Not published	0.0 (world = 100)	-10.3%	Not published	Not published	-13.9 pp vs world	$1,662	Not published	Not published	30.8 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Serbia	2000	$10.51B	Not published	Not published	0.0 (world = 100)	6.1%	Not published	Not published	+1.6 pp vs world	$1,366	Not published	Not published	24.9 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Serbia	2001	$13.60B	Not published	Not published	0.0 (world = 100)	6.8%	Not published	Not published	+4.7 pp vs world	$1,777	Not published	Not published	33.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Serbia	2002	$17.93B	Not published	Not published	0.1 (world = 100)	6.5%	Not published	Not published	+4.3 pp vs world	$2,354	Not published	Not published	42.6 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2003	$23.59B	Not published	Not published	0.1 (world = 100)	4.6%	Not published	Not published	+1.5 pp vs world	$3,108	Not published	Not published	50.7 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2004	$26.85B	Not published	Not published	0.1 (world = 100)	6.7%	Not published	Not published	+2.3 pp vs world	$3,549	Not published	Not published	52.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2005	$28.33B	Not published	Not published	0.1 (world = 100)	5.9%	Not published	Not published	+1.9 pp vs world	$3,758	Not published	Not published	51.6 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2006	$33.29B	Not published	Not published	0.1 (world = 100)	3.9%	Not published	Not published	-0.5 pp vs world	$4,432	Not published	Not published	56.8 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2007	$44.89B	Not published	Not published	0.1 (world = 100)	7.8%	Not published	Not published	+3.5 pp vs world	$5,999	Not published	Not published	69.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2008	$54.22B	Not published	Not published	0.1 (world = 100)	5.2%	Not published	Not published	+3.2 pp vs world	$7,273	Not published	Not published	77.2 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2009	$46.94B	Not published	Not published	0.1 (world = 100)	-3.1%	Not published	Not published	-1.7 pp vs world	$6,321	Not published	Not published	71.7 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2010	$43.54B	Not published	Not published	0.1 (world = 100)	1.6%	Not published	Not published	-2.8 pp vs world	$5,887	Not published	Not published	61.7 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2011	$51.24B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-3.2 pp vs world	$6,957	Not published	Not published	66.4 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2012	$45.11B	Not published	Not published	0.1 (world = 100)	-0.4%	Not published	Not published	-3.2 pp vs world	$6,159	Not published	Not published	58.3 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2013	$50.46B	Not published	Not published	0.1 (world = 100)	0.5%	Not published	Not published	-2.4 pp vs world	$6,934	Not published	Not published	64.5 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2014	$49.11B	Not published	Not published	0.1 (world = 100)	-1.8%	Not published	Not published	-4.9 pp vs world	$6,796	Not published	Not published	62.4 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2015	$41.30B	Not published	Not published	0.1 (world = 100)	1.3%	Not published	Not published	-1.9 pp vs world	$5,754	Not published	Not published	56.5 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2016	$42.23B	Not published	Not published	0.1 (world = 100)	3.0%	Not published	Not published	+0.2 pp vs world	$5,925	Not published	Not published	57.9 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2017	$45.97B	Not published	Not published	0.1 (world = 100)	2.4%	Not published	Not published	-1.1 pp vs world	$6,499	Not published	Not published	60.4 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2018	$52.79B	Not published	Not published	0.1 (world = 100)	4.6%	Not published	Not published	+1.4 pp vs world	$7,520	Not published	Not published	66.5 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2019	$53.86B	Not published	Not published	0.1 (world = 100)	4.8%	Not published	Not published	+2.1 pp vs world	$7,732	Not published	Not published	68.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2020	$55.87B	Not published	Not published	0.1 (world = 100)	-1.0%	Not published	Not published	+2.0 pp vs world	$8,089	Not published	Not published	73.8 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2021	$66.16B	Not published	Not published	0.1 (world = 100)	7.9%	Not published	Not published	+1.5 pp vs world	$9,679	Not published	Not published	78.0 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2022	$66.80B	Not published	Not published	0.1 (world = 100)	2.6%	Not published	Not published	-0.7 pp vs world	$9,836	Not published	Not published	76.8 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2023	$81.34B	Not published	Not published	0.1 (world = 100)	3.8%	Not published	Not published	+0.9 pp vs world	$12,009	Not published	Not published	90.6 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2024	$89.07B	Not published	Not published	0.1 (world = 100)	3.9%	Not published	Not published	+1.0 pp vs world	$13,223	Not published	Not published	96.7 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

The long view

Real output, indexed to a shared starting year

Indexing allows the country and benchmark trajectories to be compared without confusing their very different economic sizes.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

SerbiaEuropeSouthern EuropeWorldConstant prices · U.S. dollars · index, shared start = 100

02 · Economic size and world position

How large is the economy, and where does it sit globally?

Nominal scale, real volume and share of world output provide three distinct views of economic size.

Full historical record

Nominal GDP

Nominal scale, real volume and share of world output provide three distinct views of economic size.

Serbia is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

SerbiaSouthern EuropeEuropeWorldCurrent prices · U.S. dollars

Formation1970–1990

$40.65B → $40.65B

Compound annual change: 0.0% CAGR

Integration1990–2010

$40.65B → $43.54B

Compound annual change: +0.3% CAGR

Current era2010–2024

$43.54B → $89.07B

Compound annual change: +5.2% CAGR

Nominal GDP$89.07B2024 · Published series · World rank 77 of 210 · highest-to-lowest

Real GDP$66.78B2024 · Published series · World rank unavailable

Share of world GDP0.1%2024 · Derived measure · World rank unavailable

Economic size and world position: annual rates, ranks and comparison indices35 annual rows

Annual non-duplicative measures used in the economic size and world position section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 35 of 35 rows

Economic size and world position: annual rates, ranks and comparison indices

Serbia	1990	$40.65B	Not published	Not published	0.2 (world = 100)	$53.28B	Not published	Not published	0.1 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Serbia	1991	$37.12B	Not published	Not published	0.2 (world = 100)	$47.07B	Not published	Not published	0.1 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Serbia	1992	$27.29B	Not published	Not published	0.1 (world = 100)	$33.82B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	1993	$19.43B	Not published	Not published	0.1 (world = 100)	$23.53B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	1994	$21.01B	Not published	Not published	0.1 (world = 100)	$24.91B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	1995	$23.39B	Not published	Not published	0.1 (world = 100)	$27.17B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	1996	$25.29B	Not published	Not published	0.1 (world = 100)	$28.84B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	1997	$24.10B	Not published	Not published	0.1 (world = 100)	$31.42B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	1998	$21.99B	Not published	Not published	0.1 (world = 100)	$33.09B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	1999	$12.86B	Not published	Not published	0.0 (world = 100)	$29.68B	Not published	Not published	0.1 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Serbia	2000	$10.51B	Not published	Not published	0.0 (world = 100)	$31.47B	Not published	Not published	0.1 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Serbia	2001	$13.60B	Not published	Not published	0.0 (world = 100)	$33.61B	Not published	Not published	0.1 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Serbia	2002	$17.93B	Not published	Not published	0.1 (world = 100)	$35.81B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2003	$23.59B	Not published	Not published	0.1 (world = 100)	$37.44B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2004	$26.85B	Not published	Not published	0.1 (world = 100)	$39.94B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2005	$28.33B	Not published	Not published	0.1 (world = 100)	$42.30B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2006	$33.29B	Not published	Not published	0.1 (world = 100)	$43.95B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2007	$44.89B	Not published	Not published	0.1 (world = 100)	$47.39B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2008	$54.22B	Not published	Not published	0.1 (world = 100)	$49.84B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2009	$46.94B	Not published	Not published	0.1 (world = 100)	$48.27B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2010	$43.54B	Not published	Not published	0.1 (world = 100)	$49.05B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2011	$51.24B	Not published	Not published	0.1 (world = 100)	$49.08B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2012	$45.11B	Not published	Not published	0.1 (world = 100)	$48.86B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2013	$50.46B	Not published	Not published	0.1 (world = 100)	$49.08B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2014	$49.11B	Not published	Not published	0.1 (world = 100)	$48.19B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2015	$41.30B	Not published	Not published	0.1 (world = 100)	$48.82B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2016	$42.23B	Not published	Not published	0.1 (world = 100)	$50.27B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2017	$45.97B	Not published	Not published	0.1 (world = 100)	$51.46B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2018	$52.79B	Not published	Not published	0.1 (world = 100)	$53.85B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2019	$53.86B	Not published	Not published	0.1 (world = 100)	$56.41B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2020	$55.87B	Not published	Not published	0.1 (world = 100)	$55.87B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2021	$66.16B	Not published	Not published	0.1 (world = 100)	$60.32B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2022	$66.80B	Not published	Not published	0.1 (world = 100)	$61.90B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2023	$81.34B	Not published	Not published	0.1 (world = 100)	$64.28B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2024	$89.07B	Not published	Not published	0.1 (world = 100)	$66.78B	Not published	Not published	0.1 (world = 100)	0.1%	Not published	Not published	-99.9 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

Current U.S.-dollar GDP reflects domestic prices and exchange rates as well as production. It is not PPP adjusted.

Latest common comparison

Europe$27.20T2024

Southern Europe$5.05T2024

World$111.57T2024

03 · Output and income per person

What does the record show per person?

Current and constant-price per-person measures separate present-dollar scale from real change.

Full historical record

GDP per person

Current and constant-price per-person measures separate present-dollar scale from real change.

Serbia is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

SerbiaSouthern EuropeEuropeWorldCurrent prices · U.S. dollars per person

Formation1970–1990

$4,128 → $4,128

Compound annual change: 0.0% CAGR

Integration1990–2010

$4,128 → $5,887

Compound annual change: +1.8% CAGR

Current era2010–2024

$5,887 → $13,223

Compound annual change: +6.0% CAGR

GDP per person$13,2232024 · Published series · World rank 88 of 210 · highest-to-lowest

Real GDP per person$9,9132024 · Published series · World rank unavailable

Output and income per person: annual rates, ranks and comparison indices35 annual rows

Annual non-duplicative measures used in the output and income per person section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 35 of 35 rows

Output and income per person: annual rates, ranks and comparison indices

Serbia	1990	$4,128	Not published	Not published	95.1 (world = 100)	$5,410	Not published	Not published	75.6 (world = 100)
Serbia	1991	$3,760	Not published	Not published	83.9 (world = 100)	$4,768	Not published	Not published	66.9 (world = 100)
Serbia	1992	$2,756	Not published	Not published	58.4 (world = 100)	$3,417	Not published	Not published	47.8 (world = 100)
Serbia	1993	$1,958	Not published	Not published	41.4 (world = 100)	$2,371	Not published	Not published	33.1 (world = 100)
Serbia	1994	$2,113	Not published	Not published	42.5 (world = 100)	$2,505	Not published	Not published	34.4 (world = 100)
Serbia	1995	$2,349	Not published	Not published	43.2 (world = 100)	$2,727	Not published	Not published	36.8 (world = 100)
Serbia	1996	$2,535	Not published	Not published	46.3 (world = 100)	$2,891	Not published	Not published	38.2 (world = 100)
Serbia	1997	$2,414	Not published	Not published	44.9 (world = 100)	$3,146	Not published	Not published	40.6 (world = 100)
Serbia	1998	$2,234	Not published	Not published	42.4 (world = 100)	$3,362	Not published	Not published	42.8 (world = 100)
Serbia	1999	$1,662	Not published	Not published	30.8 (world = 100)	$3,837	Not published	Not published	47.8 (world = 100)
Serbia	2000	$1,366	Not published	Not published	24.9 (world = 100)	$4,090	Not published	Not published	49.4 (world = 100)
Serbia	2001	$1,777	Not published	Not published	33.0 (world = 100)	$4,392	Not published	Not published	52.7 (world = 100)
Serbia	2002	$2,354	Not published	Not published	42.6 (world = 100)	$4,701	Not published	Not published	55.9 (world = 100)
Serbia	2003	$3,108	Not published	Not published	50.7 (world = 100)	$4,932	Not published	Not published	57.7 (world = 100)
Serbia	2004	$3,549	Not published	Not published	52.1 (world = 100)	$5,279	Not published	Not published	59.9 (world = 100)
Serbia	2005	$3,758	Not published	Not published	51.6 (world = 100)	$5,611	Not published	Not published	62.0 (world = 100)
Serbia	2006	$4,432	Not published	Not published	56.8 (world = 100)	$5,851	Not published	Not published	62.7 (world = 100)
Serbia	2007	$5,999	Not published	Not published	69.1 (world = 100)	$6,333	Not published	Not published	65.9 (world = 100)
Serbia	2008	$7,273	Not published	Not published	77.2 (world = 100)	$6,686	Not published	Not published	69.1 (world = 100)
Serbia	2009	$6,321	Not published	Not published	71.7 (world = 100)	$6,501	Not published	Not published	69.0 (world = 100)
Serbia	2010	$5,887	Not published	Not published	61.7 (world = 100)	$6,632	Not published	Not published	68.3 (world = 100)
Serbia	2011	$6,957	Not published	Not published	66.4 (world = 100)	$6,664	Not published	Not published	67.3 (world = 100)
Serbia	2012	$6,159	Not published	Not published	58.3 (world = 100)	$6,671	Not published	Not published	66.4 (world = 100)
Serbia	2013	$6,934	Not published	Not published	64.5 (world = 100)	$6,745	Not published	Not published	66.1 (world = 100)
Serbia	2014	$6,796	Not published	Not published	62.4 (world = 100)	$6,668	Not published	Not published	64.2 (world = 100)
Serbia	2015	$5,754	Not published	Not published	56.5 (world = 100)	$6,802	Not published	Not published	64.2 (world = 100)
Serbia	2016	$5,925	Not published	Not published	57.9 (world = 100)	$7,055	Not published	Not published	65.6 (world = 100)
Serbia	2017	$6,499	Not published	Not published	60.4 (world = 100)	$7,275	Not published	Not published	66.2 (world = 100)
Serbia	2018	$7,520	Not published	Not published	66.5 (world = 100)	$7,671	Not published	Not published	68.3 (world = 100)
Serbia	2019	$7,732	Not published	Not published	68.1 (world = 100)	$8,098	Not published	Not published	71.0 (world = 100)
Serbia	2020	$8,089	Not published	Not published	73.8 (world = 100)	$8,089	Not published	Not published	73.8 (world = 100)
Serbia	2021	$9,679	Not published	Not published	78.0 (world = 100)	$8,824	Not published	Not published	76.3 (world = 100)
Serbia	2022	$9,836	Not published	Not published	76.8 (world = 100)	$9,115	Not published	Not published	76.9 (world = 100)
Serbia	2023	$12,009	Not published	Not published	90.6 (world = 100)	$9,491	Not published	Not published	78.5 (world = 100)
Serbia	2024	$13,223	Not published	Not published	96.7 (world = 100)	$9,913	Not published	Not published	80.4 (world = 100)

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

GDP per person is an accounting average, not a measure of household income distribution or living costs.

Latest common comparison

Europe$36,4082024

Southern Europe$33,4182024

World$13,6732024

04 · Real growth and output prices

How quickly has real activity changed, and how have output prices moved?

Real GDP growth, per-person growth and the implicit deflator answer different questions.

Full historical record

Real GDP growth

Real GDP growth, per-person growth and the implicit deflator answer different questions.

Serbia is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

SerbiaSouthern EuropeEuropeWorldConstant prices · percent

Formation1970–1990

Unavailable

Change: Unavailable

Integration1990–2010

-11.7% → 1.6%

Average annual rate: +0.3%

Current era2010–2024

1.6% → 3.9%

Average annual rate: +2.2%

Real GDP growth3.9%2024 · Published series · World rank 76 of 210 · highest-to-lowest

Real GDP-per-person growth4.4%2024 · Published series · World rank 39 of 210 · highest-to-lowest

Implicit GDP deflator139.92024 · Published series · World rank unavailable

Real growth and output prices: annual rates, ranks and comparison indices35 annual rows

Annual non-duplicative measures used in the real growth and output prices section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 35 of 35 rows

Real growth and output prices: annual rates, ranks and comparison indices

Serbia	1990	Not published	Not published	Not published	Not published	Not published	Not published	Not published	Not published	0.0	Not published	Not published
Serbia	1991	-11.7%	Not published	Not published	-12.9 pp vs world	-11.9%	Not published	Not published	-11.4 pp vs world	0.0	Not published	Not published
Serbia	1992	-28.1%	Not published	Not published	-30.2 pp vs world	-28.3%	Not published	Not published	-28.8 pp vs world	0.0	Not published	Not published
Serbia	1993	-30.4%	Not published	Not published	-32.2 pp vs world	-30.6%	Not published	Not published	-30.8 pp vs world	1.3	Not published	Not published
Serbia	1994	5.9%	Not published	Not published	+2.6 pp vs world	5.6%	Not published	Not published	+3.9 pp vs world	1.3	Not published	Not published
Serbia	1995	9.1%	Not published	Not published	+6.0 pp vs world	8.9%	Not published	Not published	+7.2 pp vs world	2.3	Not published	Not published
Serbia	1996	6.2%	Not published	Not published	+2.6 pp vs world	6.0%	Not published	Not published	+3.9 pp vs world	4.2	Not published	Not published
Serbia	1997	8.9%	Not published	Not published	+5.0 pp vs world	8.8%	Not published	Not published	+6.4 pp vs world	5.0	Not published	Not published
Serbia	1998	5.3%	Not published	Not published	+2.5 pp vs world	6.9%	Not published	Not published	+5.4 pp vs world	6.2	Not published	Not published
Serbia	1999	-10.3%	Not published	Not published	-13.9 pp vs world	14.1%	Not published	Not published	+12.0 pp vs world	8.0	Not published	Not published
Serbia	2000	6.1%	Not published	Not published	+1.6 pp vs world	6.6%	Not published	Not published	+3.5 pp vs world	14.3	Not published	Not published
Serbia	2001	6.8%	Not published	Not published	+4.7 pp vs world	7.4%	Not published	Not published	+6.6 pp vs world	26.2	Not published	Not published
Serbia	2002	6.5%	Not published	Not published	+4.3 pp vs world	7.0%	Not published	Not published	+6.2 pp vs world	31.3	Not published	Not published
Serbia	2003	4.6%	Not published	Not published	+1.5 pp vs world	4.9%	Not published	Not published	+3.2 pp vs world	35.2	Not published	Not published
Serbia	2004	6.7%	Not published	Not published	+2.3 pp vs world	7.0%	Not published	Not published	+4.0 pp vs world	38.0	Not published	Not published
Serbia	2005	5.9%	Not published	Not published	+1.9 pp vs world	6.3%	Not published	Not published	+3.6 pp vs world	43.3	Not published	Not published
Serbia	2006	3.9%	Not published	Not published	-0.5 pp vs world	4.3%	Not published	Not published	+1.2 pp vs world	49.3	Not published	Not published
Serbia	2007	7.8%	Not published	Not published	+3.5 pp vs world	8.2%	Not published	Not published	+5.2 pp vs world	53.7	Not published	Not published
Serbia	2008	5.2%	Not published	Not published	+3.2 pp vs world	5.6%	Not published	Not published	+4.9 pp vs world	58.8	Not published	Not published
Serbia	2009	-3.1%	Not published	Not published	-1.7 pp vs world	-2.8%	Not published	Not published	-0.1 pp vs world	63.7	Not published	Not published
Serbia	2010	1.6%	Not published	Not published	-2.8 pp vs world	2.0%	Not published	Not published	-1.1 pp vs world	66.9	Not published	Not published
Serbia	2011	0.1%	Not published	Not published	-3.2 pp vs world	0.5%	Not published	Not published	-1.5 pp vs world	74.2	Not published	Not published
Serbia	2012	-0.4%	Not published	Not published	-3.2 pp vs world	0.1%	Not published	Not published	-1.3 pp vs world	78.7	Not published	Not published
Serbia	2013	0.5%	Not published	Not published	-2.4 pp vs world	1.1%	Not published	Not published	-0.4 pp vs world	84.9	Not published	Not published
Serbia	2014	-1.8%	Not published	Not published	-4.9 pp vs world	-1.1%	Not published	Not published	-3.0 pp vs world	87.3	Not published	Not published
Serbia	2015	1.3%	Not published	Not published	-1.9 pp vs world	2.0%	Not published	Not published	+0.1 pp vs world	89.2	Not published	Not published
Serbia	2016	3.0%	Not published	Not published	+0.2 pp vs world	3.7%	Not published	Not published	+2.2 pp vs world	90.6	Not published	Not published
Serbia	2017	2.4%	Not published	Not published	-1.1 pp vs world	3.1%	Not published	Not published	+0.9 pp vs world	93.3	Not published	Not published
Serbia	2018	4.6%	Not published	Not published	+1.4 pp vs world	5.4%	Not published	Not published	+3.3 pp vs world	95.2	Not published	Not published
Serbia	2019	4.8%	Not published	Not published	+2.1 pp vs world	5.6%	Not published	Not published	+4.0 pp vs world	97.4	Not published	Not published
Serbia	2020	-1.0%	Not published	Not published	+2.0 pp vs world	-0.1%	Not published	Not published	+3.8 pp vs world	100.0	Not published	Not published
Serbia	2021	7.9%	Not published	Not published	+1.5 pp vs world	9.1%	Not published	Not published	+3.6 pp vs world	105.7	Not published	Not published
Serbia	2022	2.6%	Not published	Not published	-0.7 pp vs world	3.3%	Not published	Not published	+0.8 pp vs world	116.8	Not published	Not published
Serbia	2023	3.8%	Not published	Not published	+0.9 pp vs world	4.1%	Not published	Not published	+2.1 pp vs world	133.0	Not published	Not published
Serbia	2024	3.9%	Not published	Not published	+1.0 pp vs world	4.4%	Not published	Not published	+2.5 pp vs world	139.9	Not published	Not published

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

The implicit GDP deflator covers domestically produced output and is not a consumer price index. Annual growth can be volatile.

Latest common comparison

Europe1.3%2024

Southern Europe1.9%2024

World2.8%2024

05 · Consumption and domestic demand

How is output used for consumption and domestic demand?

Household and government consumption sit inside final consumption; domestic demand also includes capital formation.

Full historical record

Final Consumption

Household and government consumption sit inside final consumption; domestic demand also includes capital formation.

Serbia is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

SerbiaSouthern EuropeEuropeWorldCurrent prices · national currency · percent

Formation1970–1990

90.7% → 90.7%

Percentage-point change: 0.0 pp

Integration1990–2010

90.7% → 94.4%

Percentage-point change: +3.7 pp

Current era2010–2024

94.4% → 80.5%

Percentage-point change: -13.9 pp

Final consumption80.5%2024 · Published series · World rank unavailable

Household consumption62.7%2024 · Published series · World rank unavailable

Government consumption17.8%2024 · Published series · World rank unavailable

Domestic demand106.1%2024 · Derived measure · World rank unavailable

Consumption and domestic demand: annual rates, ranks and comparison indices35 annual rows

Annual non-duplicative measures used in the consumption and domestic demand section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 35 of 35 rows

Consumption and domestic demand: annual rates, ranks and comparison indices

Serbia	1990	90.7%	Not published	Not published	+15.9 pp vs world	71.9%	Not published	Not published	+13.8 pp vs world	18.8%	Not published	Not published	+2.1 pp vs world	105.0%	Not published	Not published	+4.4 pp vs world
Serbia	1991	90.8%	Not published	Not published	+15.7 pp vs world	71.9%	Not published	Not published	+13.8 pp vs world	18.9%	Not published	Not published	+2.0 pp vs world	105.2%	Not published	Not published	+4.9 pp vs world
Serbia	1992	90.5%	Not published	Not published	+15.2 pp vs world	71.7%	Not published	Not published	+13.4 pp vs world	18.8%	Not published	Not published	+1.9 pp vs world	104.7%	Not published	Not published	+4.7 pp vs world
Serbia	1993	90.8%	Not published	Not published	+15.2 pp vs world	72.1%	Not published	Not published	+13.3 pp vs world	18.6%	Not published	Not published	+1.9 pp vs world	105.2%	Not published	Not published	+5.5 pp vs world
Serbia	1994	91.3%	Not published	Not published	+15.8 pp vs world	69.9%	Not published	Not published	+10.9 pp vs world	21.4%	Not published	Not published	+4.9 pp vs world	105.6%	Not published	Not published	+5.7 pp vs world
Serbia	1995	89.7%	Not published	Not published	+14.8 pp vs world	67.0%	Not published	Not published	+8.5 pp vs world	22.7%	Not published	Not published	+6.3 pp vs world	102.9%	Not published	Not published	+3.4 pp vs world
Serbia	1996	93.0%	Not published	Not published	+18.0 pp vs world	70.0%	Not published	Not published	+11.2 pp vs world	23.0%	Not published	Not published	+6.8 pp vs world	106.3%	Not published	Not published	+6.8 pp vs world
Serbia	1997	93.4%	Not published	Not published	+18.3 pp vs world	67.7%	Not published	Not published	+8.6 pp vs world	25.6%	Not published	Not published	+9.7 pp vs world	107.1%	Not published	Not published	+7.7 pp vs world
Serbia	1998	95.8%	Not published	Not published	+20.2 pp vs world	70.8%	Not published	Not published	+11.3 pp vs world	25.0%	Not published	Not published	+9.0 pp vs world	104.5%	Not published	Not published	+4.9 pp vs world
Serbia	1999	96.5%	Not published	Not published	+20.7 pp vs world	73.2%	Not published	Not published	+13.4 pp vs world	23.4%	Not published	Not published	+7.3 pp vs world	104.2%	Not published	Not published	+4.5 pp vs world
Serbia	2000	95.6%	Not published	Not published	+20.0 pp vs world	72.1%	Not published	Not published	+12.4 pp vs world	23.5%	Not published	Not published	+7.6 pp vs world	104.6%	Not published	Not published	+4.8 pp vs world
Serbia	2001	99.7%	Not published	Not published	+23.3 pp vs world	73.2%	Not published	Not published	+13.1 pp vs world	26.5%	Not published	Not published	+10.2 pp vs world	114.5%	Not published	Not published	+14.5 pp vs world
Serbia	2002	98.5%	Not published	Not published	+21.7 pp vs world	70.8%	Not published	Not published	+10.6 pp vs world	27.7%	Not published	Not published	+11.1 pp vs world	115.9%	Not published	Not published	+16.1 pp vs world
Serbia	2003	95.8%	Not published	Not published	+19.1 pp vs world	67.9%	Not published	Not published	+8.1 pp vs world	27.9%	Not published	Not published	+11.0 pp vs world	114.2%	Not published	Not published	+14.3 pp vs world
Serbia	2004	98.5%	Not published	Not published	+22.6 pp vs world	73.8%	Not published	Not published	+14.7 pp vs world	24.7%	Not published	Not published	+8.0 pp vs world	123.3%	Not published	Not published	+23.6 pp vs world
Serbia	2005	95.0%	Not published	Not published	+19.6 pp vs world	73.8%	Not published	Not published	+15.1 pp vs world	21.2%	Not published	Not published	+4.6 pp vs world	116.8%	Not published	Not published	+17.1 pp vs world
Serbia	2006	95.9%	Not published	Not published	+21.4 pp vs world	74.7%	Not published	Not published	+16.7 pp vs world	21.2%	Not published	Not published	+4.7 pp vs world	117.6%	Not published	Not published	+18.3 pp vs world
Serbia	2007	95.3%	Not published	Not published	+21.4 pp vs world	72.8%	Not published	Not published	+15.3 pp vs world	22.5%	Not published	Not published	+6.0 pp vs world	120.2%	Not published	Not published	+21.0 pp vs world
Serbia	2008	95.1%	Not published	Not published	+21.1 pp vs world	73.1%	Not published	Not published	+16.0 pp vs world	22.0%	Not published	Not published	+5.2 pp vs world	121.0%	Not published	Not published	+21.7 pp vs world
Serbia	2009	94.3%	Not published	Not published	+18.2 pp vs world	72.8%	Not published	Not published	+14.8 pp vs world	21.4%	Not published	Not published	+3.5 pp vs world	112.8%	Not published	Not published	+13.4 pp vs world
Serbia	2010	94.4%	Not published	Not published	+19.9 pp vs world	73.1%	Not published	Not published	+16.0 pp vs world	21.3%	Not published	Not published	+3.8 pp vs world	111.7%	Not published	Not published	+12.6 pp vs world
Serbia	2011	94.2%	Not published	Not published	+20.3 pp vs world	73.2%	Not published	Not published	+16.7 pp vs world	20.9%	Not published	Not published	+3.7 pp vs world	112.3%	Not published	Not published	+13.2 pp vs world
Serbia	2012	94.4%	Not published	Not published	+20.7 pp vs world	72.9%	Not published	Not published	+16.4 pp vs world	21.5%	Not published	Not published	+4.4 pp vs world	113.2%	Not published	Not published	+14.2 pp vs world
Serbia	2013	90.8%	Not published	Not published	+17.2 pp vs world	70.7%	Not published	Not published	+14.0 pp vs world	20.1%	Not published	Not published	+3.1 pp vs world	107.9%	Not published	Not published	+8.8 pp vs world
Serbia	2014	91.3%	Not published	Not published	+17.7 pp vs world	71.4%	Not published	Not published	+14.7 pp vs world	19.9%	Not published	Not published	+3.0 pp vs world	107.7%	Not published	Not published	+8.5 pp vs world
Serbia	2015	88.2%	Not published	Not published	+14.5 pp vs world	70.0%	Not published	Not published	+12.9 pp vs world	18.3%	Not published	Not published	+1.6 pp vs world	106.8%	Not published	Not published	+7.3 pp vs world
Serbia	2016	86.6%	Not published	Not published	+12.8 pp vs world	69.1%	Not published	Not published	+11.9 pp vs world	17.5%	Not published	Not published	+0.9 pp vs world	104.8%	Not published	Not published	+5.5 pp vs world
Serbia	2017	86.8%	Not published	Not published	+13.4 pp vs world	69.2%	Not published	Not published	+12.4 pp vs world	17.5%	Not published	Not published	+1.1 pp vs world	106.5%	Not published	Not published	+7.2 pp vs world
Serbia	2018	85.7%	Not published	Not published	+12.9 pp vs world	67.7%	Not published	Not published	+11.4 pp vs world	18.0%	Not published	Not published	+1.6 pp vs world	108.2%	Not published	Not published	+9.1 pp vs world
Serbia	2019	84.7%	Not published	Not published	+11.7 pp vs world	66.4%	Not published	Not published	+10.0 pp vs world	18.4%	Not published	Not published	+1.8 pp vs world	109.7%	Not published	Not published	+10.2 pp vs world
Serbia	2020	84.0%	Not published	Not published	+10.8 pp vs world	64.6%	Not published	Not published	+9.2 pp vs world	19.4%	Not published	Not published	+1.6 pp vs world	108.1%	Not published	Not published	+8.6 pp vs world
Serbia	2021	82.7%	Not published	Not published	+10.8 pp vs world	64.0%	Not published	Not published	+9.0 pp vs world	18.8%	Not published	Not published	+1.8 pp vs world	107.7%	Not published	Not published	+8.7 pp vs world
Serbia	2022	84.0%	Not published	Not published	+12.1 pp vs world	65.7%	Not published	Not published	+10.1 pp vs world	18.4%	Not published	Not published	+2.0 pp vs world	110.4%	Not published	Not published	+11.3 pp vs world
Serbia	2023	79.7%	Not published	Not published	+6.8 pp vs world	62.6%	Not published	Not published	+6.2 pp vs world	17.1%	Not published	Not published	+0.6 pp vs world	104.3%	Not published	Not published	+5.1 pp vs world
Serbia	2024	80.5%	Not published	Not published	+7.3 pp vs world	62.7%	Not published	Not published	+6.1 pp vs world	17.8%	Not published	Not published	+1.2 pp vs world	106.1%	Not published	Not published	+6.9 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

Parent aggregates and their components should not be added together. Shares describe composition, not the quality of spending.

Latest common comparison

Europe74.5%2024

Southern Europe76.3%2024

World73.2%2024

06 · Investment and capital formation

How much current output is directed toward capital formation?

Gross capital formation combines fixed investment and inventory change as shares of GDP.

Full historical record

Gross Capital Formation

Gross capital formation combines fixed investment and inventory change as shares of GDP.

Serbia is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

SerbiaSouthern EuropeEuropeWorldCurrent prices · national currency · percent

Formation1970–1990

14.3% → 14.3%

Percentage-point change: 0.0 pp

Integration1990–2010

14.3% → 17.3%

Percentage-point change: +3.0 pp

Current era2010–2024

17.3% → 25.6%

Percentage-point change: +8.2 pp

Gross capital formation25.6%2024 · Published series · World rank unavailable

Gross fixed capital formation23.6%2024 · Published series · World rank unavailable

Changes in inventories1.9%2024 · Published series · World rank unavailable

Investment and capital formation: annual rates, ranks and comparison indices35 annual rows

Annual non-duplicative measures used in the investment and capital formation section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 35 of 35 rows

Investment and capital formation: annual rates, ranks and comparison indices

Serbia	1990	14.3%	Not published	Not published	-11.5 pp vs world	11.1%	Not published	Not published	-13.9 pp vs world	3.2%	Not published	Not published	+2.5 pp vs world
Serbia	1991	14.4%	Not published	Not published	-10.8 pp vs world	11.1%	Not published	Not published	-13.1 pp vs world	3.2%	Not published	Not published	+2.3 pp vs world
Serbia	1992	14.2%	Not published	Not published	-10.5 pp vs world	11.1%	Not published	Not published	-12.7 pp vs world	3.1%	Not published	Not published	+2.3 pp vs world
Serbia	1993	14.4%	Not published	Not published	-9.8 pp vs world	11.1%	Not published	Not published	-12.6 pp vs world	3.3%	Not published	Not published	+2.8 pp vs world
Serbia	1994	14.3%	Not published	Not published	-10.1 pp vs world	11.0%	Not published	Not published	-12.6 pp vs world	3.3%	Not published	Not published	+2.5 pp vs world
Serbia	1995	13.2%	Not published	Not published	-11.4 pp vs world	10.6%	Not published	Not published	-13.0 pp vs world	2.5%	Not published	Not published	+1.7 pp vs world
Serbia	1996	13.3%	Not published	Not published	-11.2 pp vs world	10.4%	Not published	Not published	-13.4 pp vs world	2.9%	Not published	Not published	+2.2 pp vs world
Serbia	1997	13.7%	Not published	Not published	-10.6 pp vs world	11.2%	Not published	Not published	-12.3 pp vs world	2.5%	Not published	Not published	+1.6 pp vs world
Serbia	1998	8.7%	Not published	Not published	-15.3 pp vs world	11.2%	Not published	Not published	-12.1 pp vs world	-2.6%	Not published	Not published	-3.2 pp vs world
Serbia	1999	7.7%	Not published	Not published	-16.2 pp vs world	10.5%	Not published	Not published	-13.0 pp vs world	-2.8%	Not published	Not published	-3.2 pp vs world
Serbia	2000	9.1%	Not published	Not published	-15.2 pp vs world	11.6%	Not published	Not published	-12.0 pp vs world	-2.5%	Not published	Not published	-3.2 pp vs world
Serbia	2001	14.7%	Not published	Not published	-8.8 pp vs world	11.8%	Not published	Not published	-11.5 pp vs world	2.9%	Not published	Not published	+2.6 pp vs world
Serbia	2002	17.4%	Not published	Not published	-5.6 pp vs world	14.7%	Not published	Not published	-8.0 pp vs world	2.7%	Not published	Not published	+2.4 pp vs world
Serbia	2003	18.4%	Not published	Not published	-4.8 pp vs world	16.6%	Not published	Not published	-6.2 pp vs world	1.8%	Not published	Not published	+1.4 pp vs world
Serbia	2004	24.9%	Not published	Not published	+1.0 pp vs world	19.4%	Not published	Not published	-3.7 pp vs world	5.5%	Not published	Not published	+4.7 pp vs world
Serbia	2005	21.8%	Not published	Not published	-2.5 pp vs world	19.3%	Not published	Not published	-4.4 pp vs world	2.5%	Not published	Not published	+1.9 pp vs world
Serbia	2006	21.7%	Not published	Not published	-3.1 pp vs world	21.2%	Not published	Not published	-2.9 pp vs world	0.5%	Not published	Not published	-0.2 pp vs world
Serbia	2007	24.9%	Not published	Not published	-0.4 pp vs world	23.6%	Not published	Not published	-0.7 pp vs world	1.3%	Not published	Not published	+0.3 pp vs world
Serbia	2008	25.9%	Not published	Not published	+0.5 pp vs world	23.5%	Not published	Not published	-0.9 pp vs world	2.4%	Not published	Not published	+1.4 pp vs world
Serbia	2009	18.6%	Not published	Not published	-4.8 pp vs world	18.6%	Not published	Not published	-5.1 pp vs world	-0.0%	Not published	Not published	+0.3 pp vs world
Serbia	2010	17.3%	Not published	Not published	-7.2 pp vs world	17.5%	Not published	Not published	-6.0 pp vs world	-0.2%	Not published	Not published	-1.2 pp vs world
Serbia	2011	18.1%	Not published	Not published	-7.1 pp vs world	17.3%	Not published	Not published	-6.7 pp vs world	0.8%	Not published	Not published	-0.4 pp vs world
Serbia	2012	18.8%	Not published	Not published	-6.6 pp vs world	19.9%	Not published	Not published	-4.6 pp vs world	-1.1%	Not published	Not published	-2.0 pp vs world
Serbia	2013	17.1%	Not published	Not published	-8.3 pp vs world	16.4%	Not published	Not published	-8.2 pp vs world	0.7%	Not published	Not published	-0.1 pp vs world
Serbia	2014	16.5%	Not published	Not published	-9.3 pp vs world	15.9%	Not published	Not published	-9.0 pp vs world	0.6%	Not published	Not published	-0.3 pp vs world
Serbia	2015	18.5%	Not published	Not published	-7.3 pp vs world	16.8%	Not published	Not published	-8.2 pp vs world	1.7%	Not published	Not published	+1.0 pp vs world
Serbia	2016	18.2%	Not published	Not published	-7.2 pp vs world	17.0%	Not published	Not published	-7.9 pp vs world	1.2%	Not published	Not published	+0.7 pp vs world
Serbia	2017	19.7%	Not published	Not published	-6.2 pp vs world	17.8%	Not published	Not published	-7.4 pp vs world	1.9%	Not published	Not published	+1.2 pp vs world
Serbia	2018	22.5%	Not published	Not published	-3.8 pp vs world	19.9%	Not published	Not published	-5.7 pp vs world	2.5%	Not published	Not published	+1.8 pp vs world
Serbia	2019	24.9%	Not published	Not published	-1.5 pp vs world	22.3%	Not published	Not published	-3.6 pp vs world	2.6%	Not published	Not published	+2.1 pp vs world
Serbia	2020	24.1%	Not published	Not published	-2.2 pp vs world	21.4%	Not published	Not published	-4.5 pp vs world	2.6%	Not published	Not published	+2.3 pp vs world
Serbia	2021	24.9%	Not published	Not published	-2.1 pp vs world	23.1%	Not published	Not published	-3.0 pp vs world	1.9%	Not published	Not published	+0.9 pp vs world
Serbia	2022	26.4%	Not published	Not published	-0.8 pp vs world	23.9%	Not published	Not published	-2.0 pp vs world	2.5%	Not published	Not published	+1.2 pp vs world
Serbia	2023	24.6%	Not published	Not published	-1.7 pp vs world	23.4%	Not published	Not published	-2.4 pp vs world	1.2%	Not published	Not published	+0.7 pp vs world
Serbia	2024	25.6%	Not published	Not published	-0.4 pp vs world	23.6%	Not published	Not published	-1.8 pp vs world	1.9%	Not published	Not published	+1.4 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

A larger investment share is not automatically better; depreciation, utilization and project quality are outside this accounting measure.

Latest common comparison

Europe21.8%2024

Southern Europe21.6%2024

World26.0%2024

07 · Trade structure and external balance

How exposed is the economy to trade, and what is the external balance?

Exports, imports, openness and net exports distinguish exposure from surplus or deficit.

Full historical record

Trade openness

Exports, imports, openness and net exports distinguish exposure from surplus or deficit.

Serbia is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

SerbiaSouthern EuropeEuropeWorldCurrent prices · percent

Formation1970–1990

22.1% → 22.1%

Percentage-point change: 0.0 pp

Integration1990–2010

22.1% → 73.7%

Percentage-point change: +51.6 pp

Current era2010–2024

73.7% → 111.5%

Percentage-point change: +37.8 pp

Exports52.7%2024 · Published series · World rank unavailable

Imports58.8%2024 · Published series · World rank unavailable

Net exports-6.1%2024 · Derived measure · World rank unavailable

Trade openness111.5%2024 · Derived measure · World rank unavailable

Trade structure and external balance: annual rates, ranks and comparison indices35 annual rows

Annual non-duplicative measures used in the trade structure and external balance section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 35 of 35 rows

Trade structure and external balance: annual rates, ranks and comparison indices

Serbia	1990	8.6%	Not published	Not published	-10.4 pp vs world	13.6%	Not published	Not published	-5.6 pp vs world	-5.0%	Not published	Not published	-4.8 pp vs world	22.1%	Not published	Not published	-16.0 pp vs world
Serbia	1991	8.9%	Not published	Not published	-9.7 pp vs world	14.1%	Not published	Not published	-4.5 pp vs world	-5.2%	Not published	Not published	-5.1 pp vs world	23.0%	Not published	Not published	-14.2 pp vs world
Serbia	1992	8.0%	Not published	Not published	-11.8 pp vs world	12.6%	Not published	Not published	-6.8 pp vs world	-4.7%	Not published	Not published	-5.0 pp vs world	20.6%	Not published	Not published	-18.6 pp vs world
Serbia	1993	8.8%	Not published	Not published	-10.0 pp vs world	14.0%	Not published	Not published	-4.4 pp vs world	-5.2%	Not published	Not published	-5.6 pp vs world	22.7%	Not published	Not published	-14.4 pp vs world
Serbia	1994	9.7%	Not published	Not published	-9.8 pp vs world	15.2%	Not published	Not published	-3.7 pp vs world	-5.6%	Not published	Not published	-6.1 pp vs world	24.9%	Not published	Not published	-13.5 pp vs world
Serbia	1995	4.9%	Not published	Not published	-15.8 pp vs world	7.7%	Not published	Not published	-12.4 pp vs world	-2.9%	Not published	Not published	-3.4 pp vs world	12.6%	Not published	Not published	-28.2 pp vs world
Serbia	1996	10.5%	Not published	Not published	-10.6 pp vs world	16.8%	Not published	Not published	-3.9 pp vs world	-6.3%	Not published	Not published	-6.7 pp vs world	27.3%	Not published	Not published	-14.5 pp vs world
Serbia	1997	12.8%	Not published	Not published	-9.2 pp vs world	19.9%	Not published	Not published	-1.6 pp vs world	-7.1%	Not published	Not published	-7.6 pp vs world	32.7%	Not published	Not published	-10.8 pp vs world
Serbia	1998	17.3%	Not published	Not published	-4.5 pp vs world	21.8%	Not published	Not published	+0.4 pp vs world	-4.5%	Not published	Not published	-4.8 pp vs world	39.2%	Not published	Not published	-4.1 pp vs world
Serbia	1999	10.0%	Not published	Not published	-11.9 pp vs world	14.2%	Not published	Not published	-7.4 pp vs world	-4.2%	Not published	Not published	-4.5 pp vs world	24.2%	Not published	Not published	-19.2 pp vs world
Serbia	2000	8.2%	Not published	Not published	-15.3 pp vs world	12.9%	Not published	Not published	-10.6 pp vs world	-4.6%	Not published	Not published	-4.8 pp vs world	21.1%	Not published	Not published	-25.9 pp vs world
Serbia	2001	19.7%	Not published	Not published	-3.2 pp vs world	34.2%	Not published	Not published	+11.2 pp vs world	-14.5%	Not published	Not published	-14.4 pp vs world	53.9%	Not published	Not published	+8.0 pp vs world
Serbia	2002	19.2%	Not published	Not published	-4.0 pp vs world	35.1%	Not published	Not published	+12.1 pp vs world	-15.9%	Not published	Not published	-16.1 pp vs world	54.3%	Not published	Not published	+8.1 pp vs world
Serbia	2003	22.1%	Not published	Not published	-1.9 pp vs world	36.2%	Not published	Not published	+12.5 pp vs world	-14.2%	Not published	Not published	-14.4 pp vs world	58.3%	Not published	Not published	+10.6 pp vs world
Serbia	2004	24.5%	Not published	Not published	-1.3 pp vs world	47.8%	Not published	Not published	+22.4 pp vs world	-23.3%	Not published	Not published	-23.6 pp vs world	72.3%	Not published	Not published	+21.1 pp vs world
Serbia	2005	27.6%	Not published	Not published	+0.6 pp vs world	44.4%	Not published	Not published	+17.8 pp vs world	-16.8%	Not published	Not published	-17.2 pp vs world	72.0%	Not published	Not published	+18.3 pp vs world
Serbia	2006	29.0%	Not published	Not published	+0.3 pp vs world	46.6%	Not published	Not published	+18.5 pp vs world	-17.6%	Not published	Not published	-18.3 pp vs world	75.5%	Not published	Not published	+18.8 pp vs world
Serbia	2007	26.2%	Not published	Not published	-3.3 pp vs world	46.5%	Not published	Not published	+17.6 pp vs world	-20.2%	Not published	Not published	-21.0 pp vs world	72.7%	Not published	Not published	+14.3 pp vs world
Serbia	2008	27.4%	Not published	Not published	-3.6 pp vs world	48.4%	Not published	Not published	+18.1 pp vs world	-21.0%	Not published	Not published	-21.7 pp vs world	75.7%	Not published	Not published	+14.6 pp vs world
Serbia	2009	25.3%	Not published	Not published	-0.9 pp vs world	38.2%	Not published	Not published	+12.6 pp vs world	-12.8%	Not published	Not published	-13.5 pp vs world	63.5%	Not published	Not published	+11.6 pp vs world
Serbia	2010	31.0%	Not published	Not published	+2.4 pp vs world	42.7%	Not published	Not published	+15.1 pp vs world	-11.7%	Not published	Not published	-12.7 pp vs world	73.7%	Not published	Not published	+17.5 pp vs world
Serbia	2011	31.7%	Not published	Not published	+1.4 pp vs world	44.0%	Not published	Not published	+14.6 pp vs world	-12.3%	Not published	Not published	-13.2 pp vs world	75.7%	Not published	Not published	+15.9 pp vs world
Serbia	2012	34.4%	Not published	Not published	+4.3 pp vs world	47.7%	Not published	Not published	+18.5 pp vs world	-13.2%	Not published	Not published	-14.2 pp vs world	82.1%	Not published	Not published	+22.8 pp vs world
Serbia	2013	38.2%	Not published	Not published	+8.1 pp vs world	46.1%	Not published	Not published	+17.0 pp vs world	-7.9%	Not published	Not published	-8.9 pp vs world	84.3%	Not published	Not published	+25.1 pp vs world
Serbia	2014	40.3%	Not published	Not published	+10.6 pp vs world	48.1%	Not published	Not published	+19.1 pp vs world	-7.7%	Not published	Not published	-8.5 pp vs world	88.4%	Not published	Not published	+29.7 pp vs world
Serbia	2015	43.4%	Not published	Not published	+15.3 pp vs world	50.1%	Not published	Not published	+22.6 pp vs world	-6.8%	Not published	Not published	-7.4 pp vs world	93.5%	Not published	Not published	+37.9 pp vs world
Serbia	2016	46.5%	Not published	Not published	+19.3 pp vs world	51.2%	Not published	Not published	+24.8 pp vs world	-4.8%	Not published	Not published	-5.6 pp vs world	97.7%	Not published	Not published	+44.1 pp vs world
Serbia	2017	48.1%	Not published	Not published	+20.0 pp vs world	54.6%	Not published	Not published	+27.3 pp vs world	-6.5%	Not published	Not published	-7.2 pp vs world	102.7%	Not published	Not published	+47.3 pp vs world
Serbia	2018	48.7%	Not published	Not published	+19.6 pp vs world	56.9%	Not published	Not published	+28.6 pp vs world	-8.2%	Not published	Not published	-9.0 pp vs world	105.6%	Not published	Not published	+48.2 pp vs world
Serbia	2019	49.0%	Not published	Not published	+20.8 pp vs world	58.6%	Not published	Not published	+31.1 pp vs world	-9.7%	Not published	Not published	-10.3 pp vs world	107.6%	Not published	Not published	+52.0 pp vs world
Serbia	2020	46.1%	Not published	Not published	+20.0 pp vs world	54.2%	Not published	Not published	+28.8 pp vs world	-8.1%	Not published	Not published	-8.8 pp vs world	100.3%	Not published	Not published	+48.8 pp vs world
Serbia	2021	52.3%	Not published	Not published	+23.7 pp vs world	60.0%	Not published	Not published	+32.4 pp vs world	-7.7%	Not published	Not published	-8.7 pp vs world	112.3%	Not published	Not published	+56.1 pp vs world
Serbia	2022	60.7%	Not published	Not published	+29.8 pp vs world	71.2%	Not published	Not published	+41.1 pp vs world	-10.4%	Not published	Not published	-11.2 pp vs world	131.9%	Not published	Not published	+70.9 pp vs world
Serbia	2023	55.1%	Not published	Not published	+26.0 pp vs world	59.4%	Not published	Not published	+31.1 pp vs world	-4.3%	Not published	Not published	-5.1 pp vs world	114.5%	Not published	Not published	+57.1 pp vs world
Serbia	2024	52.7%	Not published	Not published	+23.7 pp vs world	58.8%	Not published	Not published	+30.7 pp vs world	-6.1%	Not published	Not published	-7.0 pp vs world	111.5%	Not published	Not published	+54.4 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

Trade openness is exports plus imports relative to GDP. Imports are positive in the source but subtracted in the expenditure identity.

Latest common comparison

Europe88.4%2024

Southern Europe72.9%2024

World57.1%2024

08 · Industry mix and structural change

Which activities produce value, and how is the mix changing?

Six mutually exclusive activities show the production structure. Manufacturing remains nested inside its parent activity.

Full historical record

Structural change across six activities

Other activities is the largest current activity at 40.2%. Each activity shows change separately for 1970–1990, 1990–2010, and 2010–current.

AMA activity values measure gross value added, not sales, revenue, shipments, gross output, or physical production.

Agriculture, forestry and fishing3.7%

1970–19900.0 pp1990–2010-10.9 pp2010–2024-3.6 pp

World specialization: 0.87×

Mining, manufacturing and utilities21.5%

1970–19900.0 pp1990–2010-3.3 pp2010–2024-5.0 pp

World specialization: 1.02×

Construction5.9%

1970–19900.0 pp1990–2010-2.5 pp2010–2024+2.3 pp

World specialization: 1.02×

Trade, restaurants and hotels14.9%

1970–19900.0 pp1990–2010+3.5 pp2010–2024+2.3 pp

World specialization: 1.03×

Transport, storage and communication13.8%

1970–19900.0 pp1990–2010+2.8 pp2010–2024+5.3 pp

World specialization: 1.41×

Other activities40.2%

1970–19900.0 pp1990–2010+10.4 pp2010–2024-1.3 pp

World specialization: 0.90×

Industry composition and economic scale

The 100% area view isolates changes in production mix. The current-dollar area view combines those shares with nominal GDP so the total height also shows the expansion or contraction of the economy.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

Agriculture, forestry and fishingMining, manufacturing and utilitiesConstructionTrade, restaurants and hotelsTransport, storage and communicationOther activitiesShare of total gross value added

Formation1970–1990

31.2% → 31.2%

Percentage-point change: 0.0 pp

Integration1990–2010

31.2% → 41.5%

Percentage-point change: +10.4 pp

Current era2010–2024

41.5% → 40.2%

Percentage-point change: -1.3 pp

How to read specialization

World specialization compares an activity's share of this country's gross value added with that activity's share of world gross value added. A result of 1.00× means the shares match; above 1.00× means the activity is relatively more prominent locally, while below 1.00× means it is relatively less prominent. It describes economic structure, not productivity or competitiveness.

Current specialization against world

Agriculture, forestry and fishing0.87×

Mining, manufacturing and utilities1.02×

Construction1.02×

Trade, restaurants and hotels1.03×

Transport, storage and communication1.41×

Other activities0.90×

Industry mix, specialization and world comparison table35 annual rows

Annual shares for the six mutually exclusive broad industries, with world comparisons and ranks wherever comparable data exist. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 35 of 35 rows

Industry mix, specialization and world comparison table

Serbia	1990	18.2%	Not published	Not published	+13.0 pp vs world	29.8%	Not published	Not published	+3.2 pp vs world	6.1%	Not published	Not published	-0.1 pp vs world	9.1%	Not published	Not published	-5.4 pp vs world	5.7%	Not published	Not published	-2.5 pp vs world	31.2%	Not published	Not published	-8.4 pp vs world
Serbia	1991	18.2%	Not published	Not published	+13.4 pp vs world	29.7%	Not published	Not published	+3.7 pp vs world	6.1%	Not published	Not published	+0.0 pp vs world	9.0%	Not published	Not published	-5.8 pp vs world	5.6%	Not published	Not published	-2.6 pp vs world	31.4%	Not published	Not published	-8.8 pp vs world
Serbia	1992	18.0%	Not published	Not published	+13.7 pp vs world	29.9%	Not published	Not published	+4.6 pp vs world	6.3%	Not published	Not published	+0.4 pp vs world	9.2%	Not published	Not published	-6.1 pp vs world	5.7%	Not published	Not published	-2.6 pp vs world	30.9%	Not published	Not published	-10.1 pp vs world
Serbia	1993	18.3%	Not published	Not published	+14.1 pp vs world	29.7%	Not published	Not published	+5.0 pp vs world	6.1%	Not published	Not published	+0.1 pp vs world	9.1%	Not published	Not published	-6.0 pp vs world	5.7%	Not published	Not published	-2.7 pp vs world	31.2%	Not published	Not published	-10.5 pp vs world
Serbia	1994	17.0%	Not published	Not published	+13.0 pp vs world	30.0%	Not published	Not published	+5.5 pp vs world	5.5%	Not published	Not published	-0.4 pp vs world	8.3%	Not published	Not published	-7.0 pp vs world	5.8%	Not published	Not published	-2.7 pp vs world	33.4%	Not published	Not published	-7.7 pp vs world
Serbia	1995	15.1%	Not published	Not published	+11.2 pp vs world	31.8%	Not published	Not published	+7.3 pp vs world	6.1%	Not published	Not published	+0.3 pp vs world	8.2%	Not published	Not published	-6.9 pp vs world	6.1%	Not published	Not published	-2.4 pp vs world	32.6%	Not published	Not published	-9.5 pp vs world
Serbia	1996	16.5%	Not published	Not published	+12.4 pp vs world	29.6%	Not published	Not published	+5.3 pp vs world	4.7%	Not published	Not published	-1.1 pp vs world	7.9%	Not published	Not published	-7.1 pp vs world	6.0%	Not published	Not published	-2.5 pp vs world	35.3%	Not published	Not published	-7.1 pp vs world
Serbia	1997	15.8%	Not published	Not published	+11.8 pp vs world	29.1%	Not published	Not published	+5.1 pp vs world	4.6%	Not published	Not published	-0.9 pp vs world	7.7%	Not published	Not published	-7.4 pp vs world	5.8%	Not published	Not published	-2.9 pp vs world	37.0%	Not published	Not published	-5.8 pp vs world
Serbia	1998	15.4%	Not published	Not published	+11.6 pp vs world	29.7%	Not published	Not published	+6.6 pp vs world	4.4%	Not published	Not published	-1.1 pp vs world	8.2%	Not published	Not published	-6.9 pp vs world	6.2%	Not published	Not published	-2.8 pp vs world	36.1%	Not published	Not published	-7.3 pp vs world
Serbia	1999	17.2%	Not published	Not published	+13.6 pp vs world	29.5%	Not published	Not published	+6.4 pp vs world	3.9%	Not published	Not published	-1.6 pp vs world	8.7%	Not published	Not published	-6.4 pp vs world	5.3%	Not published	Not published	-3.8 pp vs world	35.4%	Not published	Not published	-8.2 pp vs world
Serbia	2000	15.9%	Not published	Not published	+12.5 pp vs world	35.8%	Not published	Not published	+12.3 pp vs world	2.6%	Not published	Not published	-2.7 pp vs world	8.4%	Not published	Not published	-6.7 pp vs world	4.3%	Not published	Not published	-4.8 pp vs world	33.0%	Not published	Not published	-10.6 pp vs world
Serbia	2001	14.6%	Not published	Not published	+11.2 pp vs world	35.2%	Not published	Not published	+12.7 pp vs world	2.3%	Not published	Not published	-3.1 pp vs world	7.2%	Not published	Not published	-7.8 pp vs world	4.2%	Not published	Not published	-5.0 pp vs world	36.5%	Not published	Not published	-8.0 pp vs world
Serbia	2002	10.2%	Not published	Not published	+6.8 pp vs world	33.7%	Not published	Not published	+11.6 pp vs world	3.4%	Not published	Not published	-1.9 pp vs world	7.4%	Not published	Not published	-7.4 pp vs world	5.0%	Not published	Not published	-4.3 pp vs world	40.3%	Not published	Not published	-4.7 pp vs world
Serbia	2003	8.4%	Not published	Not published	+5.0 pp vs world	30.8%	Not published	Not published	+8.6 pp vs world	3.7%	Not published	Not published	-1.6 pp vs world	7.3%	Not published	Not published	-7.5 pp vs world	5.6%	Not published	Not published	-3.7 pp vs world	44.2%	Not published	Not published	-0.8 pp vs world
Serbia	2004	9.2%	Not published	Not published	+5.7 pp vs world	31.9%	Not published	Not published	+9.3 pp vs world	4.0%	Not published	Not published	-1.4 pp vs world	7.6%	Not published	Not published	-7.1 pp vs world	5.7%	Not published	Not published	-3.8 pp vs world	41.6%	Not published	Not published	-2.7 pp vs world
Serbia	2005	7.4%	Not published	Not published	+4.1 pp vs world	30.7%	Not published	Not published	+7.6 pp vs world	4.0%	Not published	Not published	-1.5 pp vs world	8.9%	Not published	Not published	-5.7 pp vs world	6.6%	Not published	Not published	-2.8 pp vs world	42.4%	Not published	Not published	-1.8 pp vs world
Serbia	2006	7.5%	Not published	Not published	+4.2 pp vs world	30.6%	Not published	Not published	+7.1 pp vs world	4.4%	Not published	Not published	-1.2 pp vs world	9.8%	Not published	Not published	-4.6 pp vs world	7.0%	Not published	Not published	-2.3 pp vs world	40.8%	Not published	Not published	-3.1 pp vs world
Serbia	2007	6.6%	Not published	Not published	+3.1 pp vs world	29.2%	Not published	Not published	+5.6 pp vs world	4.7%	Not published	Not published	-1.0 pp vs world	11.4%	Not published	Not published	-2.8 pp vs world	7.4%	Not published	Not published	-1.9 pp vs world	40.6%	Not published	Not published	-2.9 pp vs world
Serbia	2008	7.6%	Not published	Not published	+3.9 pp vs world	28.3%	Not published	Not published	+4.3 pp vs world	4.6%	Not published	Not published	-1.0 pp vs world	11.6%	Not published	Not published	-2.6 pp vs world	7.8%	Not published	Not published	-1.5 pp vs world	40.1%	Not published	Not published	-3.0 pp vs world
Serbia	2009	7.1%	Not published	Not published	+3.3 pp vs world	25.3%	Not published	Not published	+3.0 pp vs world	3.8%	Not published	Not published	-1.7 pp vs world	12.6%	Not published	Not published	-1.5 pp vs world	8.9%	Not published	Not published	-0.3 pp vs world	42.2%	Not published	Not published	-2.8 pp vs world
Serbia	2010	7.3%	Not published	Not published	+3.2 pp vs world	26.5%	Not published	Not published	+2.8 pp vs world	3.6%	Not published	Not published	-1.7 pp vs world	12.6%	Not published	Not published	-1.4 pp vs world	8.5%	Not published	Not published	-0.6 pp vs world	41.5%	Not published	Not published	-2.3 pp vs world
Serbia	2011	7.5%	Not published	Not published	+3.3 pp vs world	27.4%	Not published	Not published	+3.1 pp vs world	4.0%	Not published	Not published	-1.4 pp vs world	12.7%	Not published	Not published	-1.3 pp vs world	8.6%	Not published	Not published	-0.3 pp vs world	39.8%	Not published	Not published	-3.4 pp vs world
Serbia	2012	7.1%	Not published	Not published	+2.9 pp vs world	27.9%	Not published	Not published	+3.7 pp vs world	4.0%	Not published	Not published	-1.5 pp vs world	12.5%	Not published	Not published	-1.6 pp vs world	8.5%	Not published	Not published	-0.4 pp vs world	40.1%	Not published	Not published	-3.1 pp vs world
Serbia	2013	7.4%	Not published	Not published	+3.0 pp vs world	30.0%	Not published	Not published	+6.2 pp vs world	3.1%	Not published	Not published	-2.4 pp vs world	11.8%	Not published	Not published	-2.3 pp vs world	8.9%	Not published	Not published	-0.1 pp vs world	38.8%	Not published	Not published	-4.5 pp vs world
Serbia	2014	7.2%	Not published	Not published	+2.8 pp vs world	27.9%	Not published	Not published	+4.5 pp vs world	3.4%	Not published	Not published	-2.2 pp vs world	11.9%	Not published	Not published	-2.2 pp vs world	9.7%	Not published	Not published	+0.7 pp vs world	39.9%	Not published	Not published	-3.6 pp vs world
Serbia	2015	6.7%	Not published	Not published	+2.2 pp vs world	27.5%	Not published	Not published	+5.1 pp vs world	4.0%	Not published	Not published	-1.6 pp vs world	12.8%	Not published	Not published	-1.5 pp vs world	10.3%	Not published	Not published	+1.2 pp vs world	38.8%	Not published	Not published	-5.5 pp vs world
Serbia	2016	6.8%	Not published	Not published	+2.5 pp vs world	27.7%	Not published	Not published	+6.0 pp vs world	4.2%	Not published	Not published	-1.4 pp vs world	12.8%	Not published	Not published	-1.5 pp vs world	10.5%	Not published	Not published	+1.3 pp vs world	37.9%	Not published	Not published	-6.9 pp vs world
Serbia	2017	6.0%	Not published	Not published	+1.7 pp vs world	27.6%	Not published	Not published	+5.6 pp vs world	4.4%	Not published	Not published	-1.3 pp vs world	13.3%	Not published	Not published	-1.1 pp vs world	11.1%	Not published	Not published	+1.8 pp vs world	37.6%	Not published	Not published	-6.7 pp vs world
Serbia	2018	6.2%	Not published	Not published	+2.1 pp vs world	26.3%	Not published	Not published	+3.8 pp vs world	4.7%	Not published	Not published	-1.0 pp vs world	13.7%	Not published	Not published	-0.5 pp vs world	11.2%	Not published	Not published	+1.9 pp vs world	37.9%	Not published	Not published	-6.3 pp vs world
Serbia	2019	5.7%	Not published	Not published	+1.5 pp vs world	24.6%	Not published	Not published	+2.8 pp vs world	6.1%	Not published	Not published	+0.3 pp vs world	13.9%	Not published	Not published	-0.4 pp vs world	11.4%	Not published	Not published	+1.9 pp vs world	38.4%	Not published	Not published	-6.1 pp vs world
Serbia	2020	6.0%	Not published	Not published	+1.5 pp vs world	23.4%	Not published	Not published	+2.4 pp vs world	5.6%	Not published	Not published	-0.1 pp vs world	13.7%	Not published	Not published	-0.0 pp vs world	11.7%	Not published	Not published	+2.4 pp vs world	39.5%	Not published	Not published	-6.1 pp vs world
Serbia	2021	6.2%	Not published	Not published	+1.6 pp vs world	22.9%	Not published	Not published	+0.6 pp vs world	6.2%	Not published	Not published	+0.5 pp vs world	14.5%	Not published	Not published	+0.6 pp vs world	11.8%	Not published	Not published	+2.3 pp vs world	38.4%	Not published	Not published	-5.6 pp vs world
Serbia	2022	6.3%	Not published	Not published	+1.8 pp vs world	24.1%	Not published	Not published	+1.3 pp vs world	5.6%	Not published	Not published	-0.0 pp vs world	13.5%	Not published	Not published	-0.7 pp vs world	12.9%	Not published	Not published	+3.3 pp vs world	37.6%	Not published	Not published	-5.6 pp vs world
Serbia	2023	4.4%	Not published	Not published	+0.1 pp vs world	22.2%	Not published	Not published	+0.5 pp vs world	5.9%	Not published	Not published	+0.1 pp vs world	14.0%	Not published	Not published	-0.4 pp vs world	14.3%	Not published	Not published	+4.6 pp vs world	39.2%	Not published	Not published	-4.8 pp vs world
Serbia	2024	3.7%	Not published	Not published	-0.6 pp vs world	21.5%	Not published	Not published	+0.4 pp vs world	5.9%	Not published	Not published	+0.1 pp vs world	14.9%	Not published	Not published	+0.5 pp vs world	13.8%	Not published	Not published	+4.0 pp vs world	40.2%	Not published	Not published	-4.2 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

09 · Manufacturing position

What role does manufacturing play at home and in the world?

Domestic share, its place inside the parent industry, real growth, specialization and world contribution are kept together.

Full historical record

Manufacturing in the economic structure

Manufacturing accounts for 15.6% of total gross value added in 2024. In 2024, Serbia was 0.0 percentage points below the world value.

Latest share: 15.6%
World specialization: 1.00×
Latest year: 2024

Formation1970–1990

24.0% → 24.0%

Percentage-point change: 0.0 pp

Integration1990–2010

24.0% → 20.1%

Percentage-point change: -3.9 pp

Current era2010–2024

20.1% → 15.6%

Percentage-point change: -4.5 pp

Share of total GVA15.6%2024 · Derived measure · World rank unavailable

Share within parent activity72.7%2024 · Derived measure · World rank unavailable

Real manufacturing growth5.0%2024 · Published series · World rank 54 of 210 · highest-to-lowest

Share of world manufacturing0.1%2024 · Derived measure · World rank 75 of 210 · highest-to-lowest

Manufacturing annual rates, ranks and specialization table35 annual rows

Manufacturing's annual structural, growth and world-position measures. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 35 of 35 rows

Manufacturing annual rates, ranks and specialization table

Serbia	1990	24.0%	Not published	Not published	+3.2 pp vs world	80.6%	Not published	Not published	+2.2 pp vs world	Not published	Not published	Not published	Not published	0.2%	Not published	Not published	-99.8 pp vs world
Serbia	1991	23.9%	Not published	Not published	+3.4 pp vs world	80.4%	Not published	Not published	+1.7 pp vs world	-11.3%	Not published	Not published	-11.4 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Serbia	1992	24.2%	Not published	Not published	+4.4 pp vs world	80.8%	Not published	Not published	+2.5 pp vs world	-28.7%	Not published	Not published	-28.2 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	1993	23.9%	Not published	Not published	+4.8 pp vs world	80.7%	Not published	Not published	+3.2 pp vs world	-30.1%	Not published	Not published	-29.4 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	1994	24.4%	Not published	Not published	+5.3 pp vs world	81.3%	Not published	Not published	+3.0 pp vs world	11.1%	Not published	Not published	+7.6 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	1995	26.8%	Not published	Not published	+7.6 pp vs world	84.3%	Not published	Not published	+6.2 pp vs world	7.6%	Not published	Not published	+2.7 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	1996	24.5%	Not published	Not published	+5.9 pp vs world	82.6%	Not published	Not published	+6.1 pp vs world	10.9%	Not published	Not published	+8.3 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	1997	23.5%	Not published	Not published	+5.2 pp vs world	80.7%	Not published	Not published	+4.6 pp vs world	11.4%	Not published	Not published	+6.8 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	1998	24.1%	Not published	Not published	+6.4 pp vs world	81.3%	Not published	Not published	+4.5 pp vs world	7.4%	Not published	Not published	+6.1 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	1999	24.2%	Not published	Not published	+6.7 pp vs world	82.1%	Not published	Not published	+6.2 pp vs world	-16.4%	Not published	Not published	-19.7 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2000	30.6%	Not published	Not published	+13.2 pp vs world	85.5%	Not published	Not published	+11.6 pp vs world	16.3%	Not published	Not published	+9.9 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2001	29.5%	Not published	Not published	+13.1 pp vs world	83.8%	Not published	Not published	+11.1 pp vs world	4.3%	Not published	Not published	+5.0 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2002	28.2%	Not published	Not published	+12.3 pp vs world	83.8%	Not published	Not published	+11.7 pp vs world	8.8%	Not published	Not published	+7.8 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2003	25.2%	Not published	Not published	+9.3 pp vs world	81.7%	Not published	Not published	+10.2 pp vs world	1.3%	Not published	Not published	-2.1 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2004	26.3%	Not published	Not published	+9.1 pp vs world	82.6%	Not published	Not published	+6.1 pp vs world	8.0%	Not published	Not published	-11.5 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2005	25.3%	Not published	Not published	+8.3 pp vs world	82.5%	Not published	Not published	+8.5 pp vs world	4.3%	Not published	Not published	-0.0 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2006	24.9%	Not published	Not published	+7.9 pp vs world	81.5%	Not published	Not published	+9.0 pp vs world	2.6%	Not published	Not published	-4.1 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2007	23.7%	Not published	Not published	+6.6 pp vs world	81.2%	Not published	Not published	+8.8 pp vs world	5.2%	Not published	Not published	-0.9 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2008	22.7%	Not published	Not published	+5.8 pp vs world	80.0%	Not published	Not published	+10.1 pp vs world	1.8%	Not published	Not published	+0.6 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2009	19.3%	Not published	Not published	+3.1 pp vs world	76.2%	Not published	Not published	+3.5 pp vs world	-13.8%	Not published	Not published	-7.5 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2010	20.1%	Not published	Not published	+3.3 pp vs world	75.9%	Not published	Not published	+5.1 pp vs world	1.8%	Not published	Not published	-7.2 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2011	20.0%	Not published	Not published	+3.1 pp vs world	72.9%	Not published	Not published	+3.6 pp vs world	1.9%	Not published	Not published	-2.4 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2012	20.5%	Not published	Not published	+3.7 pp vs world	73.5%	Not published	Not published	+4.0 pp vs world	1.1%	Not published	Not published	-1.3 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2013	22.5%	Not published	Not published	+5.9 pp vs world	75.0%	Not published	Not published	+5.0 pp vs world	15.3%	Not published	Not published	+12.1 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2014	21.5%	Not published	Not published	+4.8 pp vs world	77.3%	Not published	Not published	+5.6 pp vs world	-4.3%	Not published	Not published	-8.4 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2015	21.2%	Not published	Not published	+4.2 pp vs world	77.2%	Not published	Not published	+1.0 pp vs world	2.3%	Not published	Not published	-1.3 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2016	21.2%	Not published	Not published	+4.5 pp vs world	76.6%	Not published	Not published	-0.7 pp vs world	1.8%	Not published	Not published	-0.7 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2017	21.1%	Not published	Not published	+4.4 pp vs world	76.6%	Not published	Not published	+0.5 pp vs world	2.6%	Not published	Not published	-0.8 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2018	20.2%	Not published	Not published	+3.4 pp vs world	77.1%	Not published	Not published	+2.0 pp vs world	1.4%	Not published	Not published	-2.5 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2019	18.8%	Not published	Not published	+2.4 pp vs world	76.6%	Not published	Not published	+1.0 pp vs world	-0.9%	Not published	Not published	-2.3 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2020	17.7%	Not published	Not published	+1.4 pp vs world	75.6%	Not published	Not published	-2.0 pp vs world	-2.0%	Not published	Not published	+0.4 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2021	17.3%	Not published	Not published	+0.4 pp vs world	75.5%	Not published	Not published	+0.0 pp vs world	4.5%	Not published	Not published	-4.4 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2022	17.5%	Not published	Not published	+1.1 pp vs world	72.6%	Not published	Not published	+0.7 pp vs world	0.6%	Not published	Not published	-1.4 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2023	15.6%	Not published	Not published	-0.4 pp vs world	70.0%	Not published	Not published	-3.4 pp vs world	0.9%	Not published	Not published	-0.7 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world
Serbia	2024	15.6%	Not published	Not published	-0.0 pp vs world	72.7%	Not published	Not published	-1.4 pp vs world	5.0%	Not published	Not published	+2.1 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

Manufacturing is part of mining, manufacturing and utilities; it is not a seventh broad-industry slice. Share and real growth describe different dimensions.

Current manufacturing specialization

Europe1.07×

Southern Europe1.10×

World1.00×

Serbia Economic Overview

Read the economy through three eras

What should a reader know first?

Real output, indexed to a shared starting year

Real GDP trajectory

How large is the economy, and where does it sit globally?

Nominal GDP

Nominal GDP and UN benchmarks

What does the record show per person?

GDP per person

GDP per person and UN benchmarks

How quickly has real activity changed, and how have output prices moved?

Real GDP growth

Real GDP growth and UN benchmarks

How is output used for consumption and domestic demand?

Final Consumption

Final consumption and UN benchmarks

How much current output is directed toward capital formation?

Gross Capital Formation

Gross capital formation and UN benchmarks

How exposed is the economy to trade, and what is the external balance?

Trade openness

Trade openness and UN benchmarks

Which activities produce value, and how is the mix changing?

Structural change across six activities

Industry composition and economic scale

Broad industry structure over time

What role does manufacturing play at home and in the world?

Manufacturing in the economic structure