Serbia - Manufacturing

Manufacturing, value added (current US$)

The latest value for Manufacturing, value added (current US$) in Serbia was $7,080,158,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $8,959,177,000 in 2008 and $1,864,717,000 in 2000.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 $3,950,000,000
1996 $4,703,985,000
1997 $5,328,840,000
1998 $4,116,531,000
1999 $4,235,939,000
2000 $1,864,717,000
2001 $3,214,506,000
2002 $3,844,157,000
2003 $4,538,812,000
2004 $5,354,935,000
2005 $5,408,094,000
2006 $6,033,950,000
2007 $7,670,620,000
2008 $8,959,177,000
2009 $6,737,229,000
2010 $6,399,802,000
2011 $7,501,171,000
2012 $6,851,895,000
2013 $7,800,580,000
2014 $7,042,228,000
2015 $5,856,364,000
2016 $6,027,147,000
2017 $6,665,159,000
2018 $7,356,729,000
2019 $7,048,151,000
2020 $7,080,158,000

Manufacturing, value added (current LCU)

The value for Manufacturing, value added (current LCU) in Serbia was 730,413,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 741,815,000,000 in 2019 and a minimum value of 13,983,000,000 in 1995.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 13,983,000,000
1996 25,260,400,000
1997 31,505,700,000
1998 41,292,100,000
1999 49,397,400,000
2000 117,787,000,000
2001 215,095,000,000
2002 247,557,000,000
2003 261,369,000,000
2004 312,629,000,000
2005 360,795,000,000
2006 405,154,000,000
2007 448,375,000,000
2008 499,237,000,000
2009 455,306,000,000
2010 497,450,000,000
2011 550,086,000,000
2012 602,784,000,000
2013 664,289,000,000
2014 622,570,000,000
2015 637,239,000,000
2016 670,688,000,000
2017 718,230,000,000
2018 736,961,000,000
2019 741,815,000,000
2020 730,413,000,000

Manufacturing, value added (constant 2010 US$)

The latest value for Manufacturing, value added (constant 2010 US$) in Serbia was 6,411,985,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 6,411,985,000 in 2020 and 3,401,924,000 in 1995.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are expressed constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 3,401,924,000
1996 3,782,273,000
1997 4,214,022,000
1998 4,538,436,000
1999 3,910,719,000
2000 4,428,533,000
2001 4,637,492,000
2002 5,041,352,000
2003 5,127,701,000
2004 5,547,597,000
2005 5,677,230,000
2006 5,691,458,000
2007 6,026,894,000
2008 6,236,906,000
2009 5,448,276,000
2010 5,487,186,000
2011 5,569,218,000
2012 5,705,290,000
2013 6,068,449,000
2014 5,679,267,000
2015 5,856,364,000
2016 6,030,861,000
2017 6,302,894,000
2018 6,396,028,000
2019 6,399,968,000
2020 6,411,985,000

Manufacturing, value added (annual % growth)

The value for Manufacturing, value added (annual % growth) in Serbia was 0.19 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 13.24 in 2000 and a minimum value of -13.83 in 1999.

Definition: Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1996 11.18
1997 11.42
1998 7.70
1999 -13.83
2000 13.24
2001 4.72
2002 8.71
2003 1.71
2004 8.19
2005 2.34
2006 0.25
2007 5.89
2008 3.48
2009 -12.64
2010 0.71
2011 1.49
2012 2.44
2013 6.37
2014 -6.41
2015 3.12
2016 2.98
2017 4.51
2018 1.48
2019 0.06
2020 0.19

Manufacturing, value added (constant LCU)

The value for Manufacturing, value added (constant LCU) in Serbia was 697,697,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 697,697,000,000 in 2020 and a minimum value of 370,168,000,000 in 1995.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 370,168,000,000
1996 411,554,000,000
1997 458,534,000,000
1998 493,834,000,000
1999 425,531,000,000
2000 481,875,000,000
2001 504,612,000,000
2002 548,557,000,000
2003 557,952,000,000
2004 603,642,000,000
2005 617,747,000,000
2006 619,296,000,000
2007 655,795,000,000
2008 678,647,000,000
2009 592,835,000,000
2010 597,068,000,000
2011 605,994,000,000
2012 620,801,000,000
2013 660,316,000,000
2014 617,969,000,000
2015 637,239,000,000
2016 656,226,000,000
2017 685,827,000,000
2018 695,961,000,000
2019 696,390,000,000
2020 697,697,000,000

Manufacturing, value added (% of GDP)

Manufacturing, value added (% of GDP) in Serbia was 13.27 as of 2020. Its highest value over the past 25 years was 27.12 in 2000, while its lowest value was 13.27 in 2020.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 23.47
1996 21.56
1997 20.75
1998 21.16
1999 21.85
2000 27.12
2001 24.80
2002 22.45
2003 20.19
2004 20.48
2005 19.54
2006 18.58
2007 17.77
2008 17.17
2009 14.92
2010 15.30
2011 15.23
2012 15.82
2013 16.12
2014 14.96
2015 14.77
2016 14.81
2017 15.09
2018 14.53
2019 13.68
2020 13.27

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts